{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "swingline-lender", "type": "clause", "offset": [58, 74]}, {"key": "the-agreements", "type": "clause", "offset": [93, 107]}, {"key": "other-lenders", "type": "definition", "offset": [115, 128]}, {"key": "sole-discretion", "type": "definition", "offset": [172, 187]}, {"key": "to-the-borrower", "type": "definition", "offset": [236, 251]}, {"key": "from-time-to-time", "type": "clause", "offset": [263, 280]}, {"key": "business-day", "type": "definition", "offset": [288, 300]}, {"key": "availability-period", "type": "definition", "offset": [312, 331]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [348, 368]}, {"key": "at-any-time", "type": "clause", "offset": [369, 380]}, {"key": "swingline-sublimit", "type": "definition", "offset": [411, 429]}, {"key": "the-fact", "type": "clause", "offset": [447, 455]}, {"key": "swingline-loans", "type": "clause", "offset": [466, 481]}, {"key": "applicable-percentage", "type": "clause", "offset": [508, 529]}, {"key": "amount-of-revolving-loans", "type": "clause", "offset": [549, 574]}, {"key": "obligations-of-the-lender", "type": "clause", "offset": [583, 608]}, {"key": "after-giving", "type": "clause", "offset": [726, 738]}, {"key": "total-revolving-outstandings", "type": "definition", "offset": [777, 805]}, {"key": "aggregate-revolving-commitments", "type": "definition", "offset": [827, 858]}, {"key": "revolving-credit-exposure", "type": "clause", "offset": [871, 896]}, {"key": "the-borrower-shall", "type": "clause", "offset": [969, 987]}, {"key": "obligation-to", "type": "clause", "offset": [1129, 1142]}, {"key": "conclusive-and-binding", "type": "clause", "offset": [1219, 1241]}, {"key": "manifest-error", "type": "definition", "offset": [1249, 1263]}, {"key": "credit-extension", "type": "definition", "offset": [1289, 1305]}, {"key": "fronting-exposure", "type": "definition", "offset": [1316, 1333]}, {"key": "the-foregoing", "type": "clause", "offset": [1342, 1355]}, {"key": "other-terms-and-conditions", "type": "definition", "offset": [1383, 1409]}, {"key": "loan-shall", "type": "definition", "offset": [1547, 1557]}, {"key": "base-rate-loan", "type": "definition", "offset": [1563, 1577]}, {"key": "immediately-upon-the", "type": "clause", "offset": [1579, 1599]}, {"key": "each-lender", "type": "clause", "offset": [1628, 1639]}, {"key": "agrees-to", "type": "clause", "offset": [1703, 1712]}, {"key": "risk-participation", "type": "definition", "offset": [1751, 1769]}, {"key": "equal-to", "type": "definition", "offset": [1806, 1814]}, {"key": "the-product", "type": "definition", "offset": [1815, 1826]}], "snippet": "Subject to the terms and conditions set forth herein, the Swingline Lender, in reliance upon the agreements of the other Lenders set forth in this Section 2.04, may in its sole discretion make loans (each such loan, a \u201cSwingline Loan\u201d) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of the Swingline Sublimit, notwithstanding the fact that such Swingline Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of Revolving Loans and L/C Obligations of the Lender acting as Swingline Lender, may exceed the amount of such Lender\u2019s Revolving Commitment; provided, however, that (i) after giving effect to any Swingline Loan, (A) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments and (B) the Revolving Credit Exposure of any Lender shall not exceed such Lender\u2019s Revolving Commitment, (ii) the Borrower shall not use the proceeds of any Swingline Loan to refinance any outstanding Swingline Loan and (iii) the Swingline Lender shall not be under any obligation to make any Swingline Loan if it shall determine (which determination shall be conclusive and binding absent manifest error) that it has, or by such Credit Extension may have, Fronting Exposure. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04. Each Swingline Loan shall be a Base Rate Loan. Immediately upon the making of a Swingline Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swingline Lender a risk participation in such Swingline Loan in an amount equal to the product of such Lender\u2019s Applicable Percentage times the amount of such Swingline Loan.", "size": 62, "samples": [{"hash": "kWY2MwXesNG", "uri": "/contracts/kWY2MwXesNG#swingline-facility", "label": "Credit Agreement (Coeur Mining, Inc.)", "score": 33.3340187073, "published": true}, {"hash": "5gF3waLHaF8", "uri": "/contracts/5gF3waLHaF8#swingline-facility", "label": "Credit Agreement (I3 Verticals, Inc.)", "score": 29.3942508698, "published": true}, {"hash": "jLCgoLi5A4S", "uri": "/contracts/jLCgoLi5A4S#swingline-facility", "label": "Credit Agreement (Infrastructure & Energy Alternatives, Inc.)", "score": 29.238193512, "published": true}], "hash": "3744da885ce76159833643441afd0ceb", "id": 1}, {"snippet_links": [{"key": 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"snippet": "(1) Subject to the terms and conditions of this Agreement, the Swingline Lender establishes in favour of the Borrower a revolving term facility that is part of the Revolving Facility on the terms set forth in this Section 2.02 (the \"Swingline Facility\") up to the amount specified in Section 2.02(3).\n(2) At any time that the Borrower would be entitled to obtain Prime Rate Advances under the Revolving Facility, the Borrower will be entitled to draw cheques on its Canadian Dollar chequing account maintained from time to time with the Swingline Lender at the Lending Office of the Swingline Lender specified in Schedule A (or such other accounts with the Swingline Lender at such other Lending Office of the Swingline Lender as may be agreed upon from time to time by the Swingline Lender and the Borrower). The debit balance from time to time in any such account will be deemed to be a Prime Rate Advance outstanding to the Borrower from the Swingline Lender under the Revolving Facility. If at any time the Borrower is a party to a cash concentration arrangement with the Swingline Lender, the amount of any overdraft from time to time in the Canadian Dollar concentration account of the Borrower established pursuant to such arrangement (which for greater certainty may include one of the accounts identified above) will also be deemed to be a Prime Rate Advance outstanding to the Borrower from the Swingline Lender under the Revolving Facility. A Prime Rate Advance from the Swingline Lender as contemplated by this Section 2.02(2), prior to such time as such Advance is repaid as contemplated by Section 2.02(4), or purchased as contemplated by Section 2.02(5), is referred to as a \"Swingline Loan\".\n(3) The outstanding amount of all Swingline Loans at any time may not exceed the lesser of:\n(a) [*****] and\n(b) the amount, if any, by which the Revolving Facility Maximum Amount at such time exceeds the Revolving Facility Outstanding Amount at such time (excluding outstanding Swingline Loans).\n(4) At any time and from time to time in its discretion, the Swingline Lender may (but will not be obliged to) deliver a written notice to the Agent (which will thereupon deliver a similar notice to each of the Lenders) and to the Borrower, requiring repayment of a Swingline Loan. The Borrower will be deemed to have given at such time a Drawdown Notice to the Agent requesting Prime Rate Advances under the Revolving Facility in an aggregate amount equal to the amount of such Swingline Loan. The Lenders will thereupon (irrespective of whether any condition precedent to an Advance has been satisfied, whether the amount of such Advance to be made available under the Revolving Facility is less than, equal to or more than the minimum amount of an Advance required to be included in an Advance constituting such type of Advance under this Agreement, whether any Default or Event of Default has occurred or is continuing or whether any acceleration or enforcement action (including any termination of the Credit Facilities and the Commitments) has occurred or commenced under any of the Loan Documents or otherwise or whether the Revolving Facility Maturity Date has occurred) make such Prime Rate Advance under the Revolving Facility and the Agent will apply the proceeds thereof in repayment of such Swingline Loan. The Agent will promptly notify the Borrower of any such Prime Rate Advances, and the Borrower will accept each such Prime Rate Advance and hereby irrevocably authorizes and directs the Agent to apply the proceeds thereof in payment of the applicable Swingline Loan.\n(5) Without limiting the provisions of Section 2.02(4), on the Revolving Facility Maturity Date, or if an Event of Default has occurred and is continuing, each of the Lenders, other than the Swingline Lender, will purchase from the Swingline Lender, and the Swingline Lender will sell to such Lenders, for cash, at par, without representation or warranty from or recourse against the Swingline Lender (and irrespective of whether any condition precedent to an Advance has been satisfied, any Default or Event of Default has occurred or is continuing or whether any acceleration or enforcement action (including any termination of the Credit Facilities and the Commitments) has occurred or commenced under any of the Loan Documents or otherwise or whether the Revolving Facility Maturity Date has occurred), on a pro rata basis, an undivided interest in all Swingline Loans then outstanding. The Agent, upon consultation with the applicable Lenders, will have the power to settle any documentation required to evidence any such purchase and, if deemed advisable by the Agent, to execute any document as attorney for any Lender in order to complete any such purchase. The Borrower and the Lenders acknowledge that the foregoing arrangements are to be settled by the Lenders among themselves, and the Borrower expressly consents to the foregoing arrangements between such Lenders.\n(6) Each of the Lenders will indemnify and save harmless the Swingline Lender on a pro rata basis against all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses, payments or disbursements of any kind or nature whatsoever that may be imposed on, incurred by or asserted against the Swingline Lender in any way related to or arising out of any Swingline Loan made by the Swingline Lender (except for any such liabilities to the extent that they result from the gross negligence or wilful misconduct of the Swingline Lender).", "size": 6, "samples": [{"hash": "c4bcme3HDxe", "uri": "/contracts/c4bcme3HDxe#swingline-facility", "label": "Credit Agreement (Valens Company, Inc.)", "score": 32.8767967224, "published": true}], "hash": "dc863966c1640ec151796b8c250d9c34", "id": 2}, {"snippet_links": [{"key": "swingline-lender", "type": "clause", "offset": [4, 20]}, {"key": "advance-funds", "type": "clause", "offset": [31, 44]}, {"key": "the-borrowers", "type": "definition", "offset": [48, 61]}, {"key": "swingline-advance", "type": "clause", "offset": [72, 89]}, {"key": "revolving-lenders", "type": "definition", "offset": [101, 118]}, {"key": "agree-to", "type": "clause", "offset": [119, 127]}, {"key": "from-time-to-time", "type": "clause", "offset": [160, 177]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [188, 212]}, {"key": "section-26", "type": "clause", "offset": [226, 237]}], "snippet": "The Swingline Lender agrees to advance funds to the Borrowers (each as \u201cSwingline Advance\u201d), and the Revolving Lenders agree to purchase participations therein from time to time, all upon the terms and conditions specified in Section 2.6.", "size": 5, "samples": [{"hash": "kLqzzfQrkWO", "uri": 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"type": "definition", "offset": [400, 430]}, {"key": "termination-of-the-revolving-credit-commitments", "type": "clause", "offset": [439, 486]}, {"key": "aggregate-principal-amount", "type": "clause", "offset": [494, 520]}, {"key": "swingline-loans", "type": "clause", "offset": [611, 626]}, {"key": "swingline-limit", "type": "definition", "offset": [641, 656]}, {"key": "aggregate-revolving-credit-exposure", "type": "definition", "offset": [669, 704]}, {"key": "after-giving", "type": "clause", "offset": [706, 718]}, {"key": "lesser-of", "type": "definition", "offset": [763, 772]}, {"key": "borrowing-base", "type": "clause", "offset": [777, 791]}, {"key": "the-total-revolving-credit-commitment", "type": "clause", "offset": [796, 833]}, {"key": "loan-shall", "type": "definition", "offset": [850, 860]}, {"key": "integral-multiple", "type": "definition", "offset": [897, 914]}, {"key": "the-foregoing", "type": "clause", "offset": [964, 977]}, {"key": "the-borrowers", "type": "definition", "offset": [986, 999]}, {"key": "loans-hereunder", "type": "clause", "offset": [1049, 1064]}, {"key": "conditions-and-limitations", "type": "clause", "offset": [1088, 1114]}], "snippet": "Subject to the terms and conditions and relying upon the representations and warranties herein set forth, at any time after the Closing Date that any Revolving Credit Commitment shall exist hereunder, the Swingline Lender agrees that, in its sole discretion, it may make loans to a Borrower in U.S. Dollars at any time and from time to time on and after the Closing Date and until the earlier of the Revolving Credit Maturity Date and the termination of the Revolving Credit Commitments, in an aggregate principal amount at any time outstanding that will not result in (i) the aggregate principal amount of all Swingline Loans exceeding the Swingline Limit or (ii) the Aggregate Revolving Credit Exposure, after giving effect to any Swingline Loan, exceeding the lesser of the Borrowing Base and the Total Revolving Credit Commitment. Each Swingline Loan shall be in a principal amount that is an integral multiple of $250,000 and not less than $1,000,000. Within the foregoing limits, the Borrowers may borrow, pay or prepay and reborrow Swingline Loans hereunder, subject to the terms, conditions and limitations set forth herein.", "size": 3, "samples": [{"hash": "kpnLLbZIUiA", "uri": "/contracts/kpnLLbZIUiA#swingline-facility", "label": "Revolving Credit Agreement (Houghton Mifflin Harcourt Co)", "score": 30.8973312378, "published": true}, {"hash": "7zlHpB3bTSI", "uri": "/contracts/7zlHpB3bTSI#swingline-facility", "label": "Revolving Credit Agreement (Houghton Mifflin Harcourt Co)", "score": 26.5550994873, "published": true}, {"hash": "601CodheZeI", "uri": "/contracts/601CodheZeI#swingline-facility", "label": "Superpriority Senior Secured Debtor in Possession and Exit Revolving Credit Agreement (HMH Holdings (Delaware), Inc.)", "score": 24.6988372803, "published": true}], "hash": "4e954b2a3c201c27fb1c4aa4e5fd2f6e", "id": 4}, {"snippet_links": [{"key": "term-of-this-agreement", "type": "clause", "offset": [26, 48]}, {"key": "the-liability-of", "type": "clause", "offset": [70, 86]}, {"key": "the-finance-documents", "type": "clause", "offset": [105, 126]}, {"key": "swingline-lender", "type": "clause", "offset": [133, 149]}, {"key": "swingline-agent", "type": "clause", "offset": [169, 184]}, {"key": "pro-rata-share", "type": "clause", "offset": [193, 207]}, {"key": "the-swingline-facility", "type": "clause", "offset": [328, 350]}, {"key": "except-to-the-extent", "type": "clause", "offset": [352, 372]}, {"key": "caused-by", "type": "clause", "offset": [403, 412]}, {"key": "gross-negligence-or-wilful-misconduct", "type": "definition", "offset": [431, 468]}], "snippet": "Notwithstanding any other term of this Agreement and without limiting the liability of any Obligor under the Finance Documents, each Swingline Lender must indemnify the Swingline Agent for its Pro Rata Share of any liability or loss incurred by the Swingline Agent which relates solely to it acting as the Swingline Agent under the Swingline Facility, except to the extent that the liability or loss is caused by Swingline Agent\u2019s gross negligence or wilful misconduct.", "size": 3, "samples": [{"hash": "bGTnTx6O0Ff", "uri": "/contracts/bGTnTx6O0Ff#swingline-facility", "label": "Credit Facility Agreement (Merck Kgaa /Fi)", "score": 19.0, "published": true}, {"hash": "4SBo72bTHVQ", "uri": "/contracts/4SBo72bTHVQ#swingline-facility", "label": "Credit Facility Agreement (E. 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On the terms and subject to the conditions hereof, the Borrowers may from time to time borrow, prepay and reborrow Swingline Loans. Each Swingline Loan shall reduce the Available Revolving Facility Commitment and the Available Revolving Lender Commitment by the outstanding principal amount of such Swingline Loan.", "size": 3, "samples": [{"hash": "hgBPqqTOBjA", "uri": "/contracts/hgBPqqTOBjA#swingline-facility", "label": "Joinder and Amendment Agreement (CatchMark Timber Trust, Inc.)", "score": 25.6160163879, "published": true}, {"hash": "9No8plfOBO", "uri": "/contracts/9No8plfOBO#swingline-facility", "label": "Credit Agreement (CatchMark Timber Trust, Inc.)", "score": 24.9835720062, "published": true}], "hash": "041b040cdfeab3c15ac261dd95c1cf5a", "id": 7}, {"snippet_links": [{"key": "terms-of-this-agreement", "type": "clause", "offset": [15, 38]}, {"key": "swingline-lenders", "type": "definition", "offset": [52, 69]}, {"key": "available-to", "type": "definition", "offset": [75, 87]}, {"key": "the-borrowers", "type": "definition", "offset": [88, 101]}, {"key": "dollar-denominated", "type": "definition", "offset": 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total Revolving Credit Exposures of all Lenders exceeding the total Revolving Credit CommitmentsAvailability at such time; provided that (A) the Swingline Lender shall not be required to make a Swingline Advance to refinance an outstanding Swingline Advance and (B) the Swingline Lender shall not be under any obligation to make any Swingline Advance if it shall determine (which determination shall be conclusive and binding absent manifest error) that it has, or by such Advance may have, Fronting Exposure. 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Typically, this facility is used for same-day or overnight borrowing, often with a lower maximum limit and shorter repayment period than the main loan. Its core practical function is to provide borrowers with rapid access to cash for urgent operational expenses, thereby enhancing financial flexibility and addressing short-term cash flow gaps."}, "json": true, "cursor": ""}}