Common use of Swing Line Notes Clause in Contracts

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. The Swing Line Note issued by the Borrowers Borrower to the Swing Line Lender shall: (i) be executed by the BorrowersBorrower; (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.