Common use of Repayment of Swing Loans Clause in Contracts

Repayment of Swing Loans. If the reallocation described in clause (a)(iv) above cannot, or can only partially, be effected, the applicable Borrower shall, within two Business Days following written notice and request by the Administrative Agent and without prejudice to any right or remedy available to it hereunder or under applicable law, prepay Swing Loans in an amount equal to the Swing Lenders’ Fronting Exposure.

Appears in 5 contracts

Samples: Credit Agreement (Visa Inc.), Revolving Credit Agreement (Visa Inc.), Year Revolving Credit Agreement (Visa Inc.)

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Repayment of Swing Loans. If the reallocation described in clause (a)(iv) above cannot, or can only partially, be effected, the applicable Borrower shall, within two Business Days following written notice and request by the Administrative Agent and without prejudice to any right or remedy available to it hereunder or under applicable law, prepay Swing Loans in an amount equal to the Swing Lenders’ Fronting Exposure.. 45 364-Day Revolving Credit Agreement

Appears in 1 contract

Samples: Assignment and Assumption (Visa Inc.)

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