Autoborrow Agreement definition

Autoborrow Agreement has the meaning specified in Section 2.04(b).

Autoborrow Agreement means any agreement providing for automatic borrowing services between the Borrower and the Swing Line Lender.

Autoborrow Agreement means an agreement by and between the Revolving Borrower and the Swing Line Lender, providing for the automatic advance of Swing Line Loans by the Swing Line Lender under the conditions set forth therein.

Examples of Autoborrow Agreement in a sentence

• No Applicable Lender shall have any rights or obligations under any AutoBorrow Agreement, but each Applicable Lender shall have the obligation to purchase and fund risk participations in the Swing Line Loans and to refinance Swing Line Loan as provided herein.

• If an AutoBorrow Agreement is in effect, such additional terms and conditions of such AutoBorrow Agreement shall have been satisfied, and in the event that any of the terms of this Section 2.23 conflict with such AutoBorrow Agreement, the terms of the AutoBorrow Agreement shall govern and control.

• The Applicable Borrower shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Applicable Swing Line Lender, and, if an AutoBorrow Agreement is in effect, in accordance with the terms of such AutoBorrow Agreement.

• If an AutoBorrow Agreement is in effect, each Swing Line Borrowing shall be made as provided in such AutoBorrow Agreement.

More Definitions of Autoborrow Agreement

Autoborrow Agreement means the Revolving Autoborrow Agreement or the Used Vehicle Autoborrow Agreement, as applicable.

Autoborrow Agreement means any agreement providing for automatic borrowing services between the US Borrower and the Swing Line Lender.

Autoborrow Agreement means that certain agreement between the Borrower and Bank of America, dated as of the date of this Agreement, with respect to the services provided by Bank of America to the Borrower which constitute Bank of America’s AutoBorrow program.

Autoborrow Agreement means the AutoBorrow Service Agreement dated as of November 13, 2007, between the Borrower and the Swing Line Lender.

Autoborrow Agreement means that certain agreement dated as of October 19, 2007 between the Borrower and Bank of America, N.A., a copy of which is attached as Schedule A hereto. For the avoidance of doubt, in the event that Bank of America, N.A. shall cease to be the sole Lender hereunder, the AutoBorrow Agreement shall be deemed to be terminated.

Autoborrow Agreement means the Autoborrow Service Agreement by and between Borrower and Bank of America dated February 27, 2007 and all amendments, modifications or substitutions thereto.

Autoborrow Agreement means any agreement providing for automatic borrowing services between a Borrower and the Swingline Lender. “Availability Period” means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date oftermination of the Commitments.