Swing Line Notes Sample Clauses

Swing Line Notes. The Swing Line Lender’s Swing Line Loans shall be evidenced, at the request of the Swing Line Lender, by a promissory note in the form of Exhibit F (individually, a “Swing Line Note”) which note shall be (i) payable to the order of the Swing Line Lender, (ii) in the amount of the Swing Line Lender’s Swing Line Loans, (iii) dated the Effective Date and (iv) otherwise appropriately completed.
AutoNDA by SimpleDocs
Swing Line Notes. The Swing Line Note issued by the Borrowers to the Swing Line Lender shall: (i) be executed by the Borrowers; (ii) be payable to the order of such Lender and be dated on or prior to the date the first Loan evidenced thereby is made; (iii) be in a stated principal amount equal to the Swing Line Commitment and be payable in the principal amount of Swing Line Loans evidenced thereby; (iv) mature as to any Swing Line Loan evidenced thereby on the maturity date, not later than the 14th day following the date such Swing Line Loan was made, specified in the applicable Notice of Borrowing, Continuation or Conversion; (v) bear interest as provided in Section 2.5; (vi) be subject to mandatory prepayment as provided in Section 5.3; and (vii) be entitled to the benefits of this Agreement and the other Credit Documents.
Swing Line Notes. Each Borrower shall execute and deliver to the Swing Line Lender a promissory note to evidence the Swing Line Commitment. Each 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) (each a "SWING LINE NOTE" and collectively the "SWING LINE NOTES"). Each Swing Line Note shall represent the obligation of the applicable 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 such 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.
Swing Line Notes. The Swing Line Loans shall be evidenced by the Swing Line Note and each Swing Line Loan shall be paid in full by the Borrower on or before the earlier of the fifth Business Day after the Borrowing Date for such Swing Line Loan or the Facility A Termination Date.
Swing Line Notes. The Swing Loans shall be evidenced by a separate promissory note of the Borrower in substantially the form of Exhibit B hereto (the “Swing Loan Note”), dated the date of this Agreement and completed with appropriate insertions. The Swing Loan Note shall be payable to the order of the Swing Loan Lender in the principal face amount equal to the Swing Loan Commitment and shall be payable as set forth below. The Borrower irrevocably authorizes the Swing Loan Lender to make or cause to be made, at or about the time of the Drawdown Date of any Swing Loan or at the time of receipt of any payment of principal thereof, an appropriate notation on the Swing Loan Lender’s Record reflecting the making of such Swing Loan or (as the case may be) the receipt of such payment. The outstanding amount of the Swing Loans set forth on the Swing Loan Lender’s Record shall be prima facie evidence of the principal amount thereof owing and unpaid to the Swing Loan Lender, but the failure to record, or any error in so recording, any such amount on the Swing Loan Lender’s Record shall not limit or otherwise affect the obligations of the Borrower hereunder or under the Swing Loan Note to make payments of principal of or interest on any Swing Loan Note when due.
Swing Line Notes. See §2.16(a). Swing Line Sublimit. $5,000,000. The Swing Line Sublimit is part of, and not in addition to, the Revolving Commitments.
Swing Line Notes. The Swing Line Outstandings shall be evidenced by a separate Swing Line Note payable to the order of SouthTrust in the amount of the Swing Line, which Note shall be dated the Closing Date and shall be duly completed, executed and delivered by the Borrower.
AutoNDA by SimpleDocs
Swing Line Notes. A duly executed original of the Swing Line Note for the US Swing Line Lender, dated the date hereof, if requested by the US Swing Line Lender, shall have been delivered to US Agent.
Swing Line Notes. The Swing Line Principal Debt owed to the Swing Line Lender shall be evidenced by a Swing Line Note, payable to the Swing Line Lender in the stated principal amount of the Swing Line Subfacility. The Company shall repay each Swing Line Loan on the earlier to occur of (i) the date demand is made by Swing Line Lender, provided that demand shall not be made prior to the date that is ten (10) Business Days after the Swing Line Loan is made, or (ii) the Termination Date.
Swing Line Notes. See §2.16(a).
Time is Money Join Law Insider Premium to draft better contracts faster.