Procedure for Swing Line Borrowing. Whenever a Borrower desires that the Swing Line Lenders make Swing Line Loans under Section 2.13, the Borrower (or the applicable Registrant of which it is a series) shall give the Swing Line Agent irrevocable telephonic notice confirmed promptly in writing, by facsimile or other mutually acceptable electronic transmission medium, to the attention of: JPMORGAN CHASE BANK, N.A. 500 Xxxxxxx Xxxxxxxxxx Xx. NCC5 / 1st Floor Newark, DE 19713 Attention: Loan & Agency Services Group Attention: Axxxxx Xxxxxx Tel: 300-000-0000 Fax: 300-000-0000 Email: Axxxxx.Xxxxxx@xxxxx.xxx or such other person or persons which may be designated by the Swing Line Agent from time to time (which telephonic notice must be received by the Swing Line Agent not later than 4:00 P.M., New York City time, on the proposed Borrowing Date, and which written confirmation must be received by the Swing Line Agent on the proposed Borrowing Date in form and substance satisfactory to the Swing Line Agent), specifying the amount of each requested Swing Line Loan. Each borrowing under the Swing Line Commitment shall be in an amount equal to $250,000 or an integral multiple of $100,000 in excess thereof. Upon receipt of any such notice from a Borrower (or the applicable Registrant), the Swing Line Agent shall promptly notify the Administrative Agent thereof, and the Administrative Agent shall promptly notify the Swing Line Lenders thereof. Upon receipt of notice of a request for a Swing Line Loan from the Administrative Agent, each Swing Line Lender shall make its Swing Line Pro Rata Share of such borrowing available to such Borrower, on the Borrowing Date requested by such Borrower, by transferring such amount by wire or book entry to the account of such Borrower such Swing Line Loan in immediately available funds.
Procedure for Swing Line Borrowing. Whenever the Borrower desires that the Swing Line Lender make Swing Line Loans it shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 1:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) on the proposed date of the Swing Line Borrowing), specifying (i) the amount to be borrowed and (ii) the requested date of the Swing Line Borrowing (which shall be a Business Day during the period from the date of this Agreement until the Revolving Loan Maturity Date). Each borrowing under the Swing Line Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 3:00 p.m. (local time at the Applicable Lending Office of the Administrative Agent) on the date requested for a Swing Line Borrowing specified in a notice in respect of Swing Line Loans, the Swing Line Lender shall make available to the Administrative Agent at the Applicable Lending Office an amount in immediately available funds equal to the amount of the Swing Line Loan to be made by the Swing Line Lender. The Administrative Agent shall make the proceeds of such Swing Line Loan available to the Borrower on such date in immediately available funds at any account of Borrower which is designated in writing by the Borrower to the Administrative Agent.
Procedure for Swing Line Borrowing. Whenever a Borrower desires that the Swing Line Lender make Swing Line Loans under Section 2.12 hereof, the Borrower shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 3:00 P.M., New York City time, on the proposed date specified for such borrowing), specifying the amount of each requested Swing Line Loan. Each borrowing under the Swing Line Commitment shall be in an amount equal to $50,000 or an integral multiple of $50,000 in excess thereof. Not later than 5:00 P.M., New York City time, on the date specified in a notice by the Borrower in respect of Swing Line Loans, the Swing Line Lender shall make available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in Section 11.2 hereof an amount in immediately available funds equal to the amount of the Swing Line Loan to be made by the Swing Line Lender. The proceeds of such Swing Line Loan will then be made available to the Borrower on such date specified for such borrowing by the Administrative Agent transferring by wire to the custodian of and for the account of the Borrower the aggregate of the amounts made available to the Administrative Agent by the Swing Line Lender in immediately available funds.
Procedure for Swing Line Borrowing. The Company may borrow a Swing Line Loan during the Commitment Period on any Business Day by giving a Notice of Swing Line Borrowing in respect of such Swing Line Loan to the Agent not later than 12:00 noon (New York time) on the day such Swing Line Loan is to be made. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the Swing Line Bank shall make the proceeds thereof available to the Company in immediately available funds in Dollars in the manner from time to time agreed by the Company and the Swing Line Bank.
Procedure for Swing Line Borrowing. Whenever a Borrower desires that ---------------------------------- the Swing Line Lender make Swing Line Loans under Section 2.13, the Borrower (or the Fund of which it is an investment portfolio) shall give the Swing Line Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swing Line Lender not later than 3:00 p.m., New York City time, on the proposed Borrowing Date, and must specify the amount of each requested Swing Line Loan. Each borrowing under the Swing Line Commitment shall be in an amount equal to $50,000 or provided, however, that on -------- ------- the date of the making of any Swing Line Loan (1) the aggregate principal amount of all Swing Line Loans outstanding shall not exceed the Swing Line Commitment and (2) the sum of the aggregate principal amount of all outstanding Revolving Credit Loans and Swing Line Loans by the Swing Line Lender shall not exceed the total Commitment of the Swing Line Lender. The proceeds of such Swing Line Loan will then be made available to such Borrower on such Borrowing Date by the Swing Line Lender transferring by wire to the custodian of and for the account of such Borrower the aggregate of the amounts made available to the Swing Line Lender in immediately available funds.
Procedure for Swing Line Borrowing. (a) Each Swing-Line Borrowing shall be made upon the Borrower's irrevocable written notice delivered to the Administrative Agent in accordance with Section 10.02 in the form of a Notice of Swing-Line Borrowing (which notice must be received by the Administrative Agent prior to 11:00 a.m. Honolulu, Hawaii time) on or before the requested Swing-Line Borrowing date, specifying:
Procedure for Swing Line Borrowing. (a) Any Specified Borrower may request any Swing Line Bank to make Swing Line Loans during the Commitment Period on any Business Day by giving to such Swing Line Bank a Notice of Swing Line Borrowing no later than 1:00 p.m., New York City time, on the applicable Borrowing Date, or such later time as may be agreed by such Swing Line Bank, acting in its sole discretion, in respect of such Swing Line Loan. Each borrowing of Swing Line Loans shall be in an amount equal to (a) in the case of ABR Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof (or, if the then aggregate undrawn amount of the Swing Line Commitments is less than $1,000,000, such lesser amount) and (b) in the case of Eurocurrency Loans $1,000,000 or increments of $500,000 thereafter; provided, that any borrowing of Swing Line Loans may be in an aggregate amount that is equal to the entire unused balance of the Total Swing Line Commitments. Subject to the terms and conditions hereof, on the Borrowing Date of each Swing Line Loan, the relevant Swing Line Bank shall make the proceeds thereof available to the relevant Specified Borrower in immediately available funds in Dollars by the Funding Time in accordance with the wire instructions for remittance specified by the Specified Borrower in the Notice of Swing Line Borrowing.
Procedure for Swing Line Borrowing. The Borrower may borrow under the Swing Line Commitment during the Revolving Credit Commitment Period on any Business Day, provided that the Borrower shall give the relevant Swing Line Lender and the Administrative Agent irrevocable notice (which notice may be given by telephone (to be promptly confirmed in writing, including by facsimile) and must be received by the Swing Line Lender prior to 1:00 P.M. New York City time) on the requested Borrowing Date specifying the amount of the requested Swing Line Loan which shall be in an aggregate minimum amount of $l,000,000 or a whole multiple of $100,000 in excess thereof (or, if less, the unused portion of the Swing Line Commitment). The proceeds of the Swing Line Loan will be made available by the relevant Swing Line Lender to the Borrower at the office of the Swing Line Lender by 4:00 P.M., New York City time, on the Borrowing Date by crediting the account of the Borrower at such office with such proceeds. The Borrower may at any time and from time to time, subject to subsection 3.14, prepay the Swing Line Loans, in whole or in part, without premium or penalty, by notifying (which notice may be given by telephone (to be promptly confirmed in writing, including by facsimile)) the relevant Swing Line Lender and the Administrative Agent prior to 2:00 P.M., New York City time, on any Business Day of the date and amount of prepayment. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein. Partial prepayments shall be in an aggregate principal amount of $100,000 or a whole multiple of $100,000 in excess thereof.
Procedure for Swing Line Borrowing. (a) The Borrower may borrow under the Swing Line Commitment during the Revolving Credit Commitment Period on any Business Day, provided that the Borrower shall give the Swing Line Lender and the Administrative Agent irrevocable notice (which notice must be received by the Swing Line Lender prior to 11:00 A.M., New York City time) on the requested Borrowing Date specifying the amount of the requested Swing Line Loan which shall be in an aggregate minimum amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. The proceeds of the Swing Line Loan will be made available by the Swing Line Lender to the Borrower at the office of the Swing Line Lender by 12:00 Noon, New York City time, on the Borrowing Date by crediting the account of the Borrower at such office with such proceeds. The Borrower may at any time and from time to time prepay the Swing Line Loans, in whole or in part, without premium or penalty, by notifying the Swing Line Lender prior to 11:00 A.M., New York City time, on any Business Day of the date and amount of prepayment. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein. Partial prepayments shall be in an aggregate principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof.
Procedure for Swing Line Borrowing. 50 3.16 Refunding of Swing Line Loans; Participations in Swing Line Loans.............................50 3.17
