Common use of Swingline Loan Clause in Contracts

Swingline Loan. Subject to all the terms and conditions of this Agreement and so long as no Default exists, from time to time on and after the Restatement Date and prior to the Final Maturity Date, the Swingline Lender will make loans to the Company in such amounts as may be requested by the Company in accordance with Section 2.2.2. The sum of the aggregate principal amount of loans made under this Section 2.2 at any one time outstanding plus the Revolving Loan plus the Letter of Credit Exposure shall in no event exceed the lesser of (a) the Borrowing Base and (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 at any one time outstanding exceed $20,000,000.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

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Swingline Loan. Subject to all the terms and conditions of this Agreement and so long as no Default exists, from time to time on and after the Restatement Date and prior to the Final Maturity Date, the Swingline Lender will make loans to the Company in such amounts as may be requested by the Company in accordance with Section 2.2.2. The sum of the aggregate principal amount of loans made under this Section 2.2 at any one time outstanding plus the Revolving Loan plus the Letter of Credit Exposure shall in no event exceed the lesser of (a) the Borrowing Base and or (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 at any one time outstanding exceed $20,000,000.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

Swingline Loan. Subject to all the terms and conditions of this Agreement and so long as no Default exists, from time to time on and after the Restatement Initial Closing Date and prior to the Final Maturity Date, the Swingline Lender will make loans to the Company in such amounts as may be requested by the Company in accordance with Section 2.2.22.3.2. The sum of the aggregate principal amount of loans made under this Section 2.2 2.3 at any one time outstanding plus the Revolving Loan plus the Letter of Credit Exposure shall in no event exceed the lesser of (a) the Borrowing Base and (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 2.3 at any one time outstanding exceed $20,000,00010,000,000.

Appears in 1 contract

Samples: Credit Agreement (Pediatrix Medical Group Inc)

Swingline Loan. Subject to all the terms and conditions of this Agreement and so long as no Default exists, from time to time on and after the Restatement Initial Closing Date and prior to the Final Maturity RevolvingMaturity Date, the Swingline Lender will make loans to the Company in such amounts as may be requested by the Company in accordance with Section 2.2.2. The sum of the aggregate principal amount of loans made under this Section 2.2 at any one time outstanding plus the Revolving Loan plus the Letter of Credit Exposure shall in no event exceed the lesser of (a) the Borrowing Base and (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 at any one time outstanding exceed $20,000,00015,000,000.

Appears in 1 contract

Samples: Credit Agreement (Buckeye Technologies Inc)

Swingline Loan. Subject to all the terms and conditions of -------------- this Agreement and so long as no Default exists, from time to time on and after the Restatement Initial Closing Date and prior to the Final Maturity Date, the Swingline Lender will make loans to the Company Borrower in such amounts as may be requested by the Company Borrower in accordance with Section 2.2.2. The sum of the aggregate principal amount of loans made under this Section 2.2 at any one time outstanding plus the Revolving Loan plus the Letter of Credit Exposure ---- ---- shall in no event exceed the lesser of (a) the Borrowing Base and (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 at any one time outstanding exceed $20,000,00010,000,000.

Appears in 1 contract

Samples: Credit Agreement (Ameripath Inc)

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Swingline Loan. Subject to all the terms and conditions of this -------------- Agreement and so long as no Default exists, from time to time on and after the Restatement Date and prior to the Final Maturity Date, the Swingline Lender will make loans to the Company in such amounts as may be requested by the Company in accordance with Section 2.2.2. The sum of the aggregate principal amount of loans made under this Section 2.2 at any one time outstanding plus the Revolving Loan plus the Letter of Credit ---- ---- Exposure shall in no event exceed the lesser of (a) the Borrowing Base and (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 at any one time outstanding exceed $20,000,00010,000,000.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Oil Co)

Swingline Loan. Subject to all the terms and conditions of -------------- this Agreement and so long as no Default exists, from time to time on and after the Restatement Date and prior to the Final Maturity Date, the Swingline Lender will make loans to the Company in such amounts as may be requested by the Company in accordance with Section 2.2.2. The sum of the aggregate principal amount of loans made under this Section 2.2 at any one time outstanding plus the Revolving Loan plus the Letter of Credit Exposure ---- ---- shall in no event exceed the lesser of (a) the Borrowing Base and (b) the Maximum Amount of Revolving Credit. In no event will the principal amount of loans made pursuant to this Section 2.2 at any one time outstanding exceed $20,000,000.

Appears in 1 contract

Samples: Credit Agreement (Transmontaigne Inc)

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