Common use of Purchase of Participations in Swing Loans Clause in Contracts

Purchase of Participations in Swing Loans. If, prior to the time Loans would have otherwise been made pursuant to Section 2.1(c), one of the events described in clause (f) or (g) of Section 6.1 with respect to any Borrower shall have occurred and be continuing, each Lender shall, on the date such Loans were to have been made pursuant to the notice referred to in Section 2.1(c) (the "Refunding Date"), purchase an undivided participating interest in the Swing Loans in an amount equal to such Lender's Swing Loan Refund Amount. On the Refunding Date, each Lender shall transfer to the Swing Lender, in immediately available funds, such Lender's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender shall deliver to such Lender a Swing Loan participation certificate dated the date of the Swing Lender's receipt of such funds and in the Swing Loan Refund Amount of such Lender.

Purchase of Participations in Swing Loans. If, prior to ----------------------------------------- the time Loans would have otherwise been made pursuant to Section 2.1(c2.1(a)(iii), one of the events described in clause (f) or (g) of Section 6.1 with respect to any the Borrower shall have occurred and be continuing, each Lender Bank shall, on the date such Loans were to have been made pursuant to the notice referred to in Section 2.1(c2.1(a)(iii) (the "Refunding Date"), purchase an undivided participating interest -------------- in the Swing Loans in an amount equal to such LenderBank's Swing Loan Refund Amount. On the Refunding Date, each Lender Bank shall transfer to the Swing LenderLenders, in immediately available funds, such LenderBank's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender Lenders shall deliver to such Lender Bank a Swing Loan participation certificate dated the date of the Swing Lender's Lenders' receipt of such funds and in the Swing Loan Refund Amount of such LenderBank.

Purchase of Participations in Swing Loans. If, prior to the time Loans would have otherwise been made pursuant to Section 2.1(c2.01(a)(iii), one of the events described in clause (f) or (g) of Section 6.1 6.01 with respect to any the Borrower shall have occurred and be continuing, each Lender Bank shall, on the date such Loans were to have been made pursuant to the notice referred to in Section 2.1(c2.01(a)(iii) (the "Refunding Date"), purchase an undivided participating interest in the Swing Loans in an amount equal to such LenderBank's Swing Loan Refund Amount. On the Refunding Date, each Lender Bank shall transfer to the Swing Lender, in immediately available funds, such LenderBank's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender shall deliver to such Lender Bank a Swing Loan participation certificate dated the date of the Swing Lender's receipt of such funds and in the Swing Loan Refund Amount of such LenderBank.

Purchase of Participations in Swing Loans. If, If prior to the time Revolving Loans would have otherwise been made pursuant to Section 2.1(c2.01(d), one of the events described in clause (fg) or (gh) of Section 6.1 with respect to any Borrower 6.01 shall have occurred and be continuing, each Lender shall, on the date such Revolving Loans were to have been made pursuant to the notice referred to in Section 2.1(c2.01(d) (the "Refunding Date"), purchase an undivided participating interest in the Swing Loans in an amount equal to such Lender's Swing Loan Refund Amount. On the Refunding Date, each Lender shall transfer to the Swing Lender, in immediately available funds, such Lender's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender shall deliver to such Lender a Swing Loan participation certificate participationcertificate dated the date of the Swing Lender's receipt of such funds and in the Swing Loan Refund Amount of such Lender.

Purchase of Participations in Swing Loans. If, prior to the time Loans would have otherwise been made pursuant to Section 2.1(c2.1(b)(ii), one of the events described in clause (f) or (g) of Section 6.1 with respect to any the Borrower shall have occurred and be continuing, each Lender Bank shall, on the date such Loans were to have been made pursuant to the notice referred to in Section 2.1(c2.1(b)(ii) (the "Refunding Date"), purchase an undivided participating interest in the Swing Loans in an amount equal to such LenderBank's Swing Loan Refund Amount. On the Refunding Date, each Lender Bank shall transfer to the Swing Lender, in immediately available funds, such LenderBank's Swing Loan Refund Amount, and upon receipt thereof the Swing Lender shall deliver to such Lender Bank a Swing Loan participation certificate dated the date of the Swing Lender's receipt of such funds and in the Swing Loan Refund Amount of such LenderBank.