Common use of Repayment of Swing Line Advances Clause in Contracts

Repayment of Swing Line Advances. The Company shall repay to the Administrative Agent for the ratable account of each Swing Line Bank and each other Lender which holds a Swing Line Advance the outstanding principal amount of each Swing Line Advance held by it on the earlier of the maturity date specified in the applicable Notice of Swing Line Borrowing (which maturity shall be no later than five Business Days after the requested date of such Borrowing) and the Revolving Commitment Termination Date applicable to such Swing Line Bank or such Lender.

Appears in 3 contracts

Samples: Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.), Credit Agreement (Perspecta Inc.)

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Repayment of Swing Line Advances. The Company shall repay to the Pro Rata Administrative Agent for the ratable account of each Swing Line Bank and each other Lender which holds a Swing Line Advance the outstanding principal amount of each Swing Line Advance held by it on the earlier of the maturity date specified in the applicable Notice of Swing Line Borrowing (which maturity shall be no later than five Business Days after the requested date of such Borrowing) and the Revolving Commitment Termination Date applicable to such Swing Line Bank or such Lender.

Appears in 2 contracts

Samples: Credit Agreement (CSRA Inc.), Credit Agreement (CSRA Inc.)

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Repayment of Swing Line Advances. The Company Each Borrower shall repay to the Administrative Agent for the ratable account of each Swing Line Bank and each other Lender which holds a Swing Line Advance the outstanding principal amount of each Swing Line Advance held by it on the earlier of the maturity date specified in the applicable Notice of Swing Line Borrowing (which maturity shall be no later than five Business Days after the requested date of such Borrowing) and the Revolving Commitment Termination Date applicable to such Swing Line Bank or such Lender.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

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