US Swing Line Loans. (a) Upon the satisfaction of the conditions precedent set out in Section 4.2 and, if such US Swing Line Loan is to be made on the date of the initial Advance hereunder, the satisfaction of the conditions precedent set out in Section 4.1 as well, from and including the date of this Agreement and prior to its respective Commitment Maturity Date, the US Swing Line Lender agrees, on the terms and conditions set out in this Agreement, to make US Swing Line Loans in Dollars to any Borrower from time to time in an aggregate principal amount not to exceed the US Swing Line Commitment, provided that the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment. US Swing Line Loans may bear interest at either the Offered Rate or the Floating Rate. Subject to the terms of this Agreement, the Borrowers may borrow, repay and reborrow US Swing Line Loans at any time prior to the applicable Commitment Maturity Date.
US Swing Line Loans. Subject to the terms and conditions set forth herein, the Swing Line Lender, in reliance upon the agreements of the other Lenders set forth in this Section 2.01(c), may in its sole discretion make loans (each such loan, a “U.S. Swing Line Loan”) to the Domestic Borrowers in Dollars from time to time on any Business Day during the Commitment Period in an aggregate amount not to exceed at any time outstanding the amount of the U.S. Swing Line Commitment; provided, however, that, (A) after giving effect to any U.S. Swing Line Loan, (1) the Dollar Equivalent Facility Usage shall not exceed the Commitments and (2) the aggregate Dollar Equivalent principal amount of all Revolver A Loans made by a Lender plus such Lender’s Commitment Percentage of the principal amount of Swing Line Loans and the Letter of Credit Obligations then outstanding shall not exceed its Revolving A Credit Commitment, (B) the Domestic Borrowers shall not use the proceeds of any U.S. Swing Line Loan to refinance any outstanding U.S. Swing Line Loan and (C) the Swing Line Lender shall not be under any obligation to make any U.S. Swing Line Loan if it shall determine (which determination shall be conclusive and binding absent manifest error) that it has, or by such Extension of Credit may have, Fronting Exposure. Within the foregoing limits, and subject to the other terms and conditions hereof, the Domestic Borrowers may borrow under this Section 2.01(c), prepay under Section 2.15, and reborrow under this Section 2.01(c). Each U.S. Swing Line Loan shall be a Base Rate Loan. Immediately upon the making of a U.S. Swing Line Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such U.S. Swing Line Loan in an amount equal to the product of such Lender’s Commitment Percentage times the amount of such U.S. Swing Line Loan.
US Swing Line Loans. (i) During the US Facility Commitment Period, subject to the terms and conditions hereof, US Swing Line Lender hereby agrees to make US Swing Line Loans to Company in the aggregate amount up to but not exceeding the US Swing Line Sublimit; provided, after giving effect to the making of any US Swing Line Loans, in no event shall the Total Utilization of US Facility Commitments exceed the US Facility Commitments then in effect. Amounts borrowed pursuant to this Section 2.2(b) may be repaid and reborrowed during the US Facility Commitment Period. US Swing Line Lender's Facility Commitment shall expire on the US Facility Commitment Termination Date and all US Swing Line Loans and all other amounts owed hereunder with respect thereto and the US Facility Commitments shall be paid in full no later than such date.
US Swing Line Loans. The Company shall repay each U.S. Swing Line Loan on the earlier to occur of (i) the date ten Business Days after such Loan is made and (ii) the Maturity Date for the U.S. Revolving Credit Facility.
US Swing Line Loans. (a) By telephonic notice, promptly followed (within one Business Day) by the delivery of a confirming Borrowing Request, to the US Swing Line Lender on or before 1:00 p.m. (Local Time) on the Business Day the proposed US Swing Line Loan is to be made, the US Borrower may from time to time irrevocably request that US Swing Line Loans be made by the US Swing Line Lender in an aggregate minimum principal amount of $250,000 and an integral multiple of $100,000. All US Swing Line Loans shall be made as US Base Rate Loans and shall not be entitled to be converted into LIBO Rate Loans. The proceeds of each US Swing Line Loan shall be made available by the US Swing Line Lender, by its close of business on the Business Day telephonic notice is received by it as provided in this clause (a), to the US Borrower by wire transfer to the account the US Borrower shall have specified in its notice therefor.
US Swing Line Loans. (a) The US Swing Line. Subject to the terms and conditions set forth herein, the US Swing Line Lender agrees to make loans (each such loan, a “US Swing Line Loan”) to the US Facility Borrower 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 US Swing Line Sublimit, notwithstanding the fact that such US Swing Line Loans, when aggregated with the Pro Rata Share of the Outstanding Amount of US Committed Borrowings and US L/C Obligations of the Lender acting as US Swing Line Lender, may exceed the amount of such Lender’s US Commitment; provided, however, that after giving effect to any US Swing Line Loan, (i) the Total US Outstandings shall not exceed the Aggregate US Commitments and (ii) the aggregate Outstanding Amount of the US Committed Loans of any US Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all US L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount of all US Swing Line Loans shall not exceed such Lender’s US Commitment; and provided, further, that the US Facility Borrower shall not use the proceeds of any US Swing Line Loan to refinance any outstanding US Swing Line Loan. Within the foregoing limits, and subject to the other terms and conditions hereof, the US Facility Borrower may borrow under this Section 2.05, prepay under Section 2.06, and reborrow under this Section 2.05. Each US Swing Line Loan shall be a US Base Rate Loan. Immediately upon the making of a US Swing Line Loan, each US Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the US Swing Line Lender a risk participation in such US Swing Line Loan in an amount equal to the product of such Lender’s Pro Rata Share times the amount of such US Swing Line Loan.
US Swing Line Loans. (a) By telephonic notice, promptly followed (within one Business Day) by the delivery of a confirming Borrowing Request, to the U.S. Swing Line Lender on or before 1:00 p.m. (local time) on the Business Day the proposed U.S. Swing Line Loan is to be made, the U.S. Borrower may from time to time irrevocably request that U.S. Swing Line Loans be made by the U.S. Swing Line Lender in an aggregate minimum principal amount of $200,000 and an integral multiple of $100,000. All U.S. Swing Line Loans shall be made as U.S. Base Rate Loans and shall not be entitled to be converted into LIBO Rate Loans. The proceeds of each U.S. Swing Line Loan shall be made available by the U.S. Swing Line Lender, by its close of business on the Business Day telephonic notice is received by it as provided in this CLAUSE (a), to the U.S. Borrower by wire transfer to the account the U.S. Borrower shall have specified in its notice therefor.
US Swing Line Loans. U.S. Borrower shall repay to U.S. Swing Line Lender each U.S. Swing Line Loan on the earlier to occur of (i) demand by U.S. Swing Line Lender and (ii) the Maturity Date.
US Swing Line Loans. Each Borrower may, upon notice by such Borrower to the US Swing Line Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay US Swing Line Loans in whole or in part without premium or penalty; provided that (A) such notice must be received by the US Swing Line Lender and Administrative Agent not later than 11:00 a.m. (1) four Business Days (or five, in the case of prepayment of US Swing Line Loans denominated in Special Notice Currencies) prior to any date of prepayment of US Swing Line Loans denominated in Alternative Currencies and (2) on the date of prepayment of any US Swing Line Loans denominated in US Dollars; (B) any prepayment of Eurocurrency Rate Loans shall be in a principal amount of US$200,000 or a whole multiple of US$50,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); and (C) any prepayment of Base Rate Loans shall be in a principal amount of US$200,000 or a whole multiple of US$50,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding). Each such notice shall specify the date and amount of such prepayment and the Type(s) of US Swing Line Loans to be prepaid and, if Eurocurrency Rate Loans are to be prepaid, the Interest Period(s) of such Loans. If such notice is given by a Borrower, such Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a Eurocurrency Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05.
US Swing Line Loans
