Common use of Swing Line Commitments Clause in Contracts

Swing Line Commitments. (a) Subject to the terms and conditions hereof, the Swing Line Lender agrees to make swing line loans (the "SWING LINE LOANS") to the Company on any Business Day from time to time during the Commitment Period in an aggregate principal amount not to exceed $15,000,000 at any one time outstanding; PROVIDED that, after giving effect to the making of such Swing Line Loan, the Aggregate Outstanding RC Extensions of Credit of all Revolving Credit Lenders shall not exceed the Aggregate Revolving Credit Commitment then in effect. Amounts borrowed under this subsection 6.1 may be repaid and, to but excluding the Termination Date, reborrowed. (b) All Swing Line Loans shall be made and maintained as ABR Loans and, notwithstanding the provisions of subsection 10.6, shall not be entitled to be converted into Eurocurrency Loans; PROVIDED that nothing contained in this subsection 6.1 shall prohibit the conversion into Eurocurrency Loans of any Revolving Credit Loans the proceeds of which are utilized to refund Swing Line Loans.

Swing Line Commitments. (a) Subject to the terms and conditions hereof, the Swing Line Lender agrees to make swing line loans (the "SWING LINE LOANS") to the Company on any Business Day from time to time during the Commitment Period in an aggregate principal amount not to exceed $15,000,000 at any one time outstanding; PROVIDED that, after giving effect to the making of such Swing Line Loan, the Aggregate Outstanding RC Extensions of Credit of all Revolving Credit Lenders shall not exceed the Aggregate Revolving Credit Commitment then in effect. Amounts borrowed under this subsection 6.1 4.1 may be repaid and, to but excluding the Termination Date, reborrowed. (b) All Swing Line Loans shall be made and maintained as ABR Loans and, notwithstanding the provisions of subsection 10.67.6, shall not be entitled to be converted into Eurocurrency Loans; PROVIDED that nothing contained in this subsection 6.1 4.1 shall prohibit the conversion into Eurocurrency Loans of any Revolving Credit Loans the proceeds of which are utilized to refund Swing Line Loans.