Common use of Requests for Swingline Borrowings Clause in Contracts

Requests for Swingline Borrowings. (a) Subject to the terms and conditions set forth herein, the Swingline Lender agrees to make Swingline Loans to the Borrower from time to time during the Availability Period; provided that (i) the aggregate principal amount of Swingline Loans outstanding at any time shall not exceed $50,000,000 (the “Swingline Committed Amount”), and (ii) the sum of the total Revolving Credit Exposures shall not exceed the total Commitments. Subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans.

Appears in 2 contracts

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

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Requests for Swingline Borrowings. (a) Subject to the terms and conditions set forth herein, the Swingline Lender agrees to make Swingline Loans to the Borrower from time to time during the Availability Period; provided that (i) the aggregate principal amount of Swingline Loans outstanding at any time shall not exceed $50,000,000 (the "Swingline Committed Amount"), and (ii) the sum of the total Revolving Credit Exposures shall not exceed the total Commitments. Subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans.

Appears in 1 contract

Samples: Credit Agreement (Medtronic Inc)

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Requests for Swingline Borrowings. (a) Subject to the terms and conditions set forth herein, the Swingline Lender agrees to make Swingline Loans to the Borrower from time to time during the Availability Period; provided that (i) the aggregate principal amount of Swingline Loans outstanding at any time shall not exceed $50,000,000 (the "Swingline Committed Amount"), and (ii) the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans shall not exceed the total Commitments. Subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Swingline Loans.

Appears in 1 contract

Samples: Credit Agreement (Health Net Inc)

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