Common use of Repayment of Swingline Loans Clause in Contracts

Repayment of Swingline Loans. If the reallocation described in(v) clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14.

Appears in 2 contracts

Samples: Credit Agreement and Incremental (Realpage Inc), Credit Agreement and Incremental (Realpage Inc)

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Repayment of Swingline Loans. If the reallocation described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower Company shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14Exposure.

Appears in 2 contracts

Samples: Credit Agreement (Aptargroup Inc), Credit Agreement (Aptargroup Inc)

Repayment of Swingline Loans. If the reallocation described in(v) clause in the immediately preceding subsection (ive) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14Exposure.

Appears in 1 contract

Samples: Credit Agreement (Apple REIT Ten, Inc.)

Repayment of Swingline Loans. If the reallocation described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14.Exposure. 44

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Corp.)

Repayment of Swingline Loans. If the reallocation described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure and Exposure. (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14.b)

Appears in 1 contract

Samples: Loan and Security Agreement (Newtek Business Services Corp.)

Repayment of Swingline Loans. If the reallocation described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it them hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Swing Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14Exposure.

Appears in 1 contract

Samples: Credit Agreement (Commercial Credit, Inc.)

Repayment of Swingline Loans. If the reallocation described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14Exposure.

Appears in 1 contract

Samples: Revolving Credit Agreement (Chubb Corp)

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Repayment of Swingline Loans. If the reallocation described in(v) in clause (iva)(iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under applicable law, (x) first, repay prepay any outstanding Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14Exposure.

Appears in 1 contract

Samples: Credit Agreement (Affiliated Managers Group Inc)

Repayment of Swingline Loans. If the reallocation reallocation(v) described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Bank’s Fronting Exposure in accordance with the procedures set forth in Section 5.142.15.

Appears in 1 contract

Samples: Credit Agreement (Physicians Realty Trust)

Repayment of Swingline Loans. If the reallocation described in(v) in clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Fronting Exposure in accordance with the procedures set forth in Section 5.14Exposure.

Appears in 1 contract

Samples: Credit Agreement (Aptargroup Inc)

Repayment of Swingline Loans. If the reallocation described in(v) clause (iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under law, (x) first, repay prepay Swingline Loans in an amount equal to the Swingline Lenders’ Lender’s Fronting Exposure and (y) second, Cash Collateralize the Issuing Lender’ Bank’s Fronting Exposure in accordance with the procedures set forth in Section 5.142.15.

Appears in 1 contract

Samples: Credit Agreement (Ebix Inc)

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