Common use of Swing Note Clause in Contracts

Swing Note. The obligations of the Borrower to repay the Swing Loans shall be evidenced by a single Swing Note payable to the Swing Loan Lender and its registered assigns in the original principal amount of $25,000,000.

Appears in 1 contract

Sources: Senior Secured Credit Facility (TransMontaigne Partners L.P.)

Swing Note. The obligations of the Borrower to repay the Swing Loans shall be evidenced by a single Swing Note payable to the order of the Swing Loan Lender and its registered assigns in the original principal amount of $25,000,00020,000,000.

Appears in 1 contract

Sources: Senior Secured Credit Facility (TransMontaigne Partners L.P.)