Common use of Requests for Swing Loans Clause in Contracts

Requests for Swing Loans. The Borrower shall give Xxxxxx prior notice (which may be written or oral) no later than 3:00 p.m. (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 minutes after receiving such notice, Xxxxxx shall in its discretion quote an interest rate to the Borrower at which Xxxxxx would be willing to make such Swing Loan available to the Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Xxxxxx' Quoted Rate"). The Borrower acknowledges and agrees that the interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept Xxxxxx' Quoted Rate for the full amount requested by the Borrower for such Swing Loan, the Xxxxxx' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the Domestic Rate. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of Xxxxxx in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding (i) the obligation of Xxxxxx to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx shall not be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The Borrower shall give Xxxxxx Hxxxxx prior notice (which may be written or oral) no later than 3:00 p.m. 12:00 Noon (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 thirty (30) minutes after receiving such notice, Xxxxxx Hxxxxx shall in its discretion quote an interest rate to the Borrower at which Xxxxxx Hxxxxx would be willing to make such Swing Loan available to the Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "XxxxxxHxxxxx' Quoted Rate"). The Borrower acknowledges and agrees that the interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept XxxxxxHxxxxx' Quoted Rate for the full amount requested by the Borrower for such Swing Loan, the XxxxxxHxxxxx' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the Domestic Rate. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of Xxxxxx the Agent in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding (i) the obligation of Xxxxxx Hxxxxx to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx Hxxxxx shall not be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The Borrower shall give Xxxxxx prior Harrxx xxxor notice (which may be written or oral) no later than 3:00 p.m. 12:00 Noon (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 thirty (30) minutes after receiving such notice, Xxxxxx shall Harrxx xxxll in its discretion quote an interest rate to the Borrower at which Xxxxxx would Harrxx xxxld be willing to make such Swing Loan available to the Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "XxxxxxHarrxx' Quoted Xxoted Rate"). The Borrower acknowledges and agrees that the interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept XxxxxxHarrxx' Quoted Xxoted Rate for the full amount requested by the Borrower for such Swing Loan, the XxxxxxHarrxx' Quoted Xxoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the sum of the Applicable Margin plus the Domestic RateRate from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of Xxxxxx the Agent in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding notwithstanding, (i) the obligation of Xxxxxx to Harrxx xx make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx shall Harrxx xxxll not be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The Borrower shall give Xxxxxx Harris prior notice (which may be written or oral) no later than 3:00 p.m. 12:00 Xxxn (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 thirty (30) minutes after receiving such notice, Xxxxxx shall Harris may in its discretion quote an interest rate to the Borrower at which Xxxxxx xx xxxch Harris would be willing to make such Swing Loan available to the Borrower Borxxxxx for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "XxxxxxHarris' Quoted Rate"). The Borrower acknowledges and agrees that the interest xxxxxest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept XxxxxxHarris' Quoted Rate for the full amount requested by the Borrower for such fox xxxx Swing Loan, the XxxxxxHarris' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the sum of the Applicable Margin plus the Domestic RateRate from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of Xxxxxx the Agent in Chicago, Illinois. Anything contained in the foregoing this Agreement to the contrary notwithstanding notwithstanding, (i) the Harris shall have no obligation of Xxxxxx to make Swing Loans shall and any Swing Loxxx xxall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx the Borrower shall not be obligated to make request more than one Swing Loan during any one day.

Requests for Swing Loans. The Borrower shall give Xxxxxx Bank prior notice (which may be written or oral) no later than 3:00 p.m. 12:00 Noon (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 thirty (30) minutes after receiving such notice, Xxxxxx Bank shall in its discretion quote an interest rate determined in its discretion to the Borrower at which Xxxxxx Bank would be willing to make such Swing Loan available to the Borrower for a given such Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Xxxxxx' Quoted RateXXXXXX BANK'S QUOTED RATE"). The Borrower acknowledges and agrees that the interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept Xxxxxx' Xxxxxx Bank's Quoted Rate for the full amount requested by the Borrower for such Swing Loan, the Xxxxxx' Xxxxxx Bank's Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the Domestic Ratenot be made. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of Xxxxxx the Administrative Agent in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding (i) the obligation of Xxxxxx Bank to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx Bank shall not be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The Borrower shall give Xxxxxx prior notice (which may be written or oral) no later than 3:00 p.m. 12:00 Noon (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 thirty (30) minutes after receiving such notice, Xxxxxx shall in its discretion quote an interest rate to the Borrower at which Xxxxxx would be willing to make such Swing Loan available to the Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "XxxxxxXXXXXX' Quoted RateQUOTED RATE"). The Borrower acknowledges and agrees that the interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept Xxxxxx' Quoted Rate for the full amount requested by the Borrower for such Swing Loan, the Xxxxxx' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the sum of the Applicable Margin plus the Domestic RateRate from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of Xxxxxx the Agent in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding notwithstanding, (i) the obligation of Xxxxxx to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx shall not be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The relevant Borrower shall give Xxxxxx prior notice (which may be written or oral) no later than 3:00 p.m. (Chicago time) on the date upon which the such Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 minutes after receiving such notice, Xxxxxx shall in its discretion quote an interest rate to the relevant Borrower at which Xxxxxx would be willing to make such Swing Loan available to the such Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Xxxxxx' Quoted Rate"). The Borrower acknowledges Borrowers acknowledge and agrees agree that the interest rate quote is given for immediate and irrevocable acceptance, and if the relevant Borrower does not so immediately accept Xxxxxx' Quoted Rate for the full amount requested by the such Borrower for such Swing Loan, the Xxxxxx' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the Domestic Rate. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the relevant Borrower on the date so requested at the offices of Xxxxxx in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding (i) the obligation of Xxxxxx to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx shall not be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The relevant Borrower shall give Xxxxxx prior notice (which may be written or oral) no later than 3:00 p.m. 12:00 Noon (Chicago time) on the date upon which the such Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within 30 thirty (30) minutes after receiving such notice, Xxxxxx shall in its discretion quote an interest rate to the such Borrower at which Xxxxxx would be willing to make such Swing Loan available to the such Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "XxxxxxXXXXXX' Quoted RateQUOTED RATE"). The Borrower acknowledges Borrowers acknowledge and agrees agree that the interest rate quote is given for immediate and irrevocable acceptance, and if the a Borrower does not so immediately accept Xxxxxx' Quoted Rate for the full amount requested by the such Borrower for such Swing Loan, the Xxxxxx' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the sum of the Applicable Margin plus the Domestic RateRate from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the such Borrower on the date so requested at the offices of Xxxxxx the Agent in Chicago, Illinois. Anything contained in the foregoing to the contrary notwithstanding notwithstanding, (i) the obligation of Xxxxxx to make Swing Loans shall be subject to all of the terms and conditions of this Agreement and (ii) Xxxxxx shall not be obligated to make more than one Swing Loan during any one day. The Agent shall notify each Lender of each Swing Loan and the amount of each such Swing Loan made since the last notice.