Common use of Swingline Loans; Settlement Clause in Contracts

Swingline Loans; Settlement. (a) To fulfill any request for a Floating Rate Loan hereunder, Agent may in its discretion advance Swingline Loans to Borrowers, up to an aggregate outstanding amount equal to 10% of the Revolver Commitments. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.

Swingline Loans; Settlement. (a) To fulfill any request for a Floating Base Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to Borrowers, up to an aggregate outstanding amount equal to of 10% of the aggregate Revolver Commitments. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or Lenders have funded by Lenders hereunder.their participations therein as provided below. ​

Swingline Loans; Settlement. (a) To fulfill any request for a Floating Base Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to Borrowers, up to an aggregate outstanding amount equal to 1020% of the Revolver CommitmentsCommitments then outstanding. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or funded by Lenders hereunder.

Swingline Loans; Settlement. (a) To fulfill any request for a Floating Base Rate Revolver Loan hereunder, Agent may in its discretion advance Swingline Loans to Borrowers, up to an aggregate outstanding amount equal to 10% of the Revolver Commitments$2,000,000. Swingline Loans shall constitute Revolver Loans for all purposes, except that payments thereon shall be made to Agent for its own account until settled with or Lenders have funded by Lenders hereundertheir participations therein as provided below.