Common use of Swing Line Note Clause in Contracts

Swing Line Note. Borrower shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Such note shall be (A) in the principal amount of the Swing Line Commitment, (B) dated the Closing Date, and (C) substantially in the form of Exhibit 1.1(b)(ii) (the "Swing Line Note"). The Swing Line Note shall represent the obligation of Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.5. The entire unpaid balance of the Swing Line Loan and all other noncontingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Styling Technology Corp), Credit Agreement (Western Digital Corp)

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Swing Line Note. Borrower shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Such note shall be (A) in the principal amount of the Swing Line Commitment, (B) dated the Closing Date, and (C) substantially in the form of Exhibit 1.1(b)(ii1.1(c)(ii) (the "Swing Line Note"). The Swing Line Note shall represent the obligation of Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.5. The entire unpaid balance of the Swing Line Loan and all other noncontingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

Appears in 2 contracts

Samples: Credit Agreement (Western Digital Corp), Credit Agreement (Western Digital Corp)

Swing Line Note. The Borrower shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Such note shall be (A) in the principal amount of the Swing Line CommitmentCommitment of the Swing Line Lender, (B) dated the Closing Date, Date and (C) substantially in the form of Exhibit 1.1(b)(ii1.1 (d)(ii) (the "Swing Line Note"). The Swing Line Note shall represent the obligation of the Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.51.4. The entire unpaid balance of the Swing Line Loan and all other noncontingent non-contingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

Appears in 1 contract

Samples: Credit Agreement (Green Mountain Coffee Roasters Inc)

Swing Line Note. Borrower shall execute and deliver to the The Swing Line Lender Commitment will be --------------- evidenced by a single master promissory note to evidence the Swing Line Commitment. Such note shall be (A) note, in the principal amount of the Swing Line Commitment$10,000,000, (B) dated the Initial Closing Date, Date and (C) substantially in the form of Exhibit 1.1(b)(ii) 2.2.2 (the "Swing Line Note"). Each Borrower shall ------------- --------------- execute the Swing Line Note and deliver the same to the Agent on behalf of the Swing Line Lender. The Swing Line Note shall will represent the obligation of each Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances Loans made to Borrower the Borrowers together with interest thereon as prescribed provided in Section 1.52.2.1. The entire unpaid balance of the Swing Line Loan and all other noncontingent non-contingent Credit Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Final Maturity Date if not sooner paid in full.

Appears in 1 contract

Samples: Credit Agreement (Ch2m Hill Companies LTD)

Swing Line Note. The Borrower shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Such note shall be (A) in the principal amount of the Swing Line CommitmentCommitment of the Swing Line Lender, (B) dated the Closing Date, Date and (C) substantially in the form of Exhibit 1.1(b)(ii2.1 (c)(ii) (the "β€œSwing Line Note"”). The Swing Line Note shall represent the obligation of the Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.52.4. The entire unpaid balance of the Swing Line Loan and all other noncontingent non-contingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

Appears in 1 contract

Samples: Credit Agreement (Presstek Inc /De/)

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Swing Line Note. Borrower The Borrowers shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Such note shall be (A) in the principal amount of the Swing Line CommitmentCommitment of the Swing Line Lender, (B) dated the Closing Date, Date and (C) substantially in the form of Exhibit 1.1(b)(ii1.1 (d)(ii) (the "Swing Line Note"). The Swing Line Note shall represent the joint and several obligation of Borrower the Borrowers to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.51.4. The entire unpaid balance of the Swing Line Loan and all other noncontingent non-contingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

Appears in 1 contract

Samples: Credit Agreement (Green Mountain Coffee Inc)

Swing Line Note. The Borrower shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Such note shall be (A) in the principal amount of the Swing Line CommitmentCommitment of the Swing Line Lender, (B) dated the Closing Date, Date and (C) substantially in the form of Exhibit 1.1(b)(ii2.1 (c)(ii) (the "Swing Line Note"). The Swing Line Note shall represent the joint and several obligation of the Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in Section 1.52.4. The entire unpaid balance of the Swing Line Loan and all other noncontingent non-contingent Obligations shall be immediately due and payable in full in immediately available funds on the Commitment Termination Date if not sooner paid in full.

Appears in 1 contract

Samples: Credit Agreement (Presstek Inc /De/)

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