Procedure for Swingline Borrowing. (a) The Swingline Lender agrees to make Swingline Loans to the Company from time to time in accordance with the treasury and cash management services and products provided to the Company by the Swingline Lender (the “Cash Management Swingline Loans”). For other Swingline Loans, the Company, on behalf of the Borrowers, shall give the Administrative Agent a Notice of Borrowing with respect to each Swingline Loan prior to 10:00 a.m. (Eastern time) on the requested date of each Swingline Borrowing. Each Notice of Borrowing under this Section shall be irrevocable and shall specify: (i) the principal amount of such Swingline Loan, (ii) the date of such Swingline Loan (which shall be a Business Day), (iii) the Type of such Swingline Loan and (iv) the account of the Company to which the proceeds of such Swingline Loan should be credited. The Administrative Agent will promptly advise the Swingline Lender of each such request and the details thereof. Each Cash Management Swingline Loan shall be made initially as an Index Rate Loan, and each other Swingline Loan shall be made as a Base Rate Loan or an Index Rate Loan. The Swingline Lender will make the proceeds of each Swingline Loan available to the Borrowers in Dollars in immediately available funds at the account specified by the Company in the applicable request not later than 1:00 p.m. (Eastern time) on the requested date of such Swingline Loan. The Administrative Agent will notify the Lenders on a quarterly basis if any Swingline Loans occurred during such quarter.
Procedure for Swingline Borrowing. Refunding of Swingline Loans 7476
Procedure for Swingline Borrowing. Whenever DW Animation desires that the Swingline Lender make Swingline Loans under Section 2.3 it shall give the Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 3:00 P.M., New York City time, on the proposed Borrowing Date), specifying (a) the amount to be borrowed and (b) the requested Borrowing Date. Each borrowing under the Swingline Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 5:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Administrative Agent for the account of DW Animation at the office of the Administrative Agent specified in Section 10.2 an amount in immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender. The proceeds of such Swingline Loan will then be made available to DW Animation on such Borrowing Date by the Administrative Agent crediting the account of DW Animation on the books of such office with the aggregate of the amounts made available to the Administrative Agent by the Swingline Lender and in like funds as received by the Administrative Agent.
Procedure for Swingline Borrowing. Refunding of Swingline Loans 47 2.8 Commitment Fees, etc 49 2.9 Termination or Reduction of Revolving Commitments 49 2.10 Optional Prepayments 49 2.11 Mandatory Prepayments 49 2.12 Conversion and Continuation Options 50 2.13 Limitations on Eurodollar TranchesTerm SOFRTranches 50 2.14 Interest Rates and Payment Dates 51 2.15 Computation of Interest and Fees 51 2.16 Inability to Determine Interest RateRates; Illegality 52
Procedure for Swingline Borrowing. (a) Each Borrowing of Swingline Loans shall be made upon the Company's irrevocable written notice to the Agent as described in Section 10.02 in the form of a Notice of Borrowing prior to 12:00 noon (New York City time) (i) one Business Day prior to the requested Borrowing Date, in the case of a Borrowing comprised of Adjusted CD Rate Swingline Loans, (ii) three Business Days prior to the requested Borrowing Date, in the case of a Borrowing comprised of LIBOR Swingline Loans, and (iii) on the requested Borrowing Date, in the case of a Borrowing comprised of a Base Rate Swingline Loans, specifying: (i) the amount of such Borrowing, which shall be an amount not less than the Minimum Tranche; (ii) the requested Borrowing Date, which shall be a Business Day, and (iii) the duration of the Interest Period applicable to such Borrowing, which shall not be more than 10 days. Upon receipt of the Notice of Borrowing, the Agent will promptly provide the Swingline Banks with a copy thereof.
Procedure for Swingline Borrowing. Refunding of Swingline Loans. (a) Whenever the Borrower desires that the Swingline Lender make Swingline Loans it shall give the Swingline Lender irrevocable telephonic notice confirmed promptly in writing (which telephonic notice must be received by the Swingline Lender not later than 3:00 P.M., New York City time, on the proposed Borrowing Date), specifying (i) the amount to be borrowed and (ii) the requested Borrowing Date (which shall be a Business Day during the Revolving Credit Commitment Period). Each borrowing under the Swingline Commitment shall be in amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. Not later than 4:00 P.M., New York City time, on the Borrowing Date specified in a notice in respect of Swingline Loans, the Swingline Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the amount of the Swingline Loan to be made by the Swingline Lender. The Administrative Agent shall make the proceeds of such Swingline Loan available to the Borrower on such Borrowing Date by depositing such proceeds in the account of the Borrower with the Administrative Agent on such Borrowing Date in immediately available funds.
Procedure for Swingline Borrowing. Refunding of Swingline Loans 7677 2.8 Commitment Fees, etc. 78 2.9 Termination or Reduction of Revolving Commitments 7879
Procedure for Swingline Borrowing. Refunding of Swingline Loans; Successor Swingline Lenders 61 3.5. Commitment Fees, etc. 63 3.6. Termination or Reduction of Revolving Commitments 63 3.7. Letter of Credit Commitment 63 3.8. Procedure for Issuance of Letters of Credit 65 3.9. Fees and Other Charges 66 3.10. Letter of Credit Participations 66 3.11. Reimbursement Obligation of the Borrower 67 3.12. Obligations Absolute 67 3.13. Letter of Credit Payments 68 SECTION4. GENERAL PROVISIONS APPLICABLE TO LOANS AND LETTERS OF CREDIT 68
Procedure for Swingline Borrowing. (a) To request a Swingline Loan, the Borrower shall notify the Administrative Agent of such request by telephone (confirmed by telecopy), not later than 12:00 noon, New York City time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day) and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the Swingline Lenders of any such notice received from the Borrower. Each Swingline Lender shall make its ratable portion of the requested Swingline Loan (such ratable portion to be calculated based upon such Swingline Lender’s Swingline Commitment to the total Swingline Commitments of all of the Swingline Lenders) available to the Borrower by means of a credit to an account of the Borrower with the Administrative Agent designated for such purpose by 3:00 p.m., New York City time, on the requested date of such Swingline Loan. Each borrowing under the Swingline Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof. The Swingline Lender shall report the Swingline Exposure to the Administrative Agent on a weekly basis
Procedure for Swingline Borrowing. 19 2.06 Increase and Extension of Commitments.....................21 2.07 Ratable Reduction or Termination of Commitment............23 2.08 Non-Ratable Reduction or Termination of Commitments.......23 2.09
