Payments and Prepayments of Swingline Loans. The Borrowers shall have the right at any time to prepay Swingline Loans without premium or penalty by giving notice to the Swingline Lender and the Agent of such intended prepayment not later than 11:00 a.m. Pittsburgh time on the date of such proposed prepayment. Section 2.09(b) hereof shall apply to payments of Swingline Loans. In addition, the Borrowers and the Swingline Lender may from time to time agree to arrangements whereby Swingline Loans are repaid by a “sweep” or similar mechanism.
Appears in 2 contracts
Samples: Credit Agreement (Norstan Inc), Credit Agreement (Black Box Corp)
Payments and Prepayments of Swingline Loans. The Borrowers Borrower shall have the right at any time to prepay Swingline Loans without premium or penalty by giving notice to the Swingline Lender and the Agent of such intended prepayment not later than 11:00 a.m. Pittsburgh time on the date of such proposed prepayment. Section 2.09(b) hereof shall apply to payments of Swingline Loans. In addition, the Borrowers Borrower and the Swingline Lender may from time to time agree to arrangements whereby Swingline Loans are repaid by a “"sweep” " or similar mechanism.
Appears in 2 contracts
Samples: Credit Agreement (Black Box Corp), Credit Agreement (Black Box Corp)
Payments and Prepayments of Swingline Loans. The Borrowers Borrower shall have the right at any time to prepay Swingline Loans without premium or penalty by giving notice to the Swingline Lender and the Agent of such intended prepayment not later than 11:00 a.m. Pittsburgh time on the date of such proposed prepayment. Section 2.09(b) hereof shall apply to payments of Swingline Loans. In addition, the Borrowers Borrower and the Swingline Lender may from time to time agree to arrangements whereby Swingline Loans are repaid by a “sweep” or similar mechanism.
Appears in 1 contract
Samples: Credit Agreement (Black Box Corp)