Canadian Swing Line Facility definition

Canadian Swing Line Facility means the revolving line of credit established by the Canadian Swing Line Facility Lender in favor of the Facility Borrowers pursuant to Section 2.5.
Sample 1
Canadian Swing Line Facility means, at any time, an amount equal to the aggregate amount of the Canadian Swing Line Lender’s Canadian Swing Line Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05 and including the Canadian Swing Line Sublimit.
Sample 1

Examples of Canadian Swing Line Facility in a sentence

  • The Agents, and the Canadian Swing Line Facility Lender, with respect to the Loans under the Canadian Swing Line Facility, shall open and maintain in their books, accounts and records evidencing the Loans made available by the Lenders, payments or account thereof and all other amounts becoming due hereunder, including interest and fees.

  • The proceeds of the Loans made pursuant to the Revolving Credit Facility and the Canadian Swing Line Facility hereunder shall be used (a) in part to refinance and cancel existing term indebtedness and working capital facilities of the Borrowers, (b) to pay certain fees and expenses in connection with such refinancing and (c) for other general corporate purposes, including but not limited to permitted investments in Subsidiaries, Capital Expenditures, working capital investments and debt repayments.

  • Celý text výkladového stanoviska Evropské komise ke kontraktům vláda - vláda je – v angličtině: https://eur-lex.europa.eu/ legal-content/GA/TXT/?uri=CELEX%3A52016XC1202%2801%29; v češtině zde: https://eur-lex.europa.eu/legal-content/CS/ TXT/?uri=uriserv%3AOJ.C_.2016.450.01.0001.01.CES&toc=OJ%3AC%3A2016%3A450%3ATOC.

  • Within the limits of the Canadian Swing Line Facility and within the limits referred to in the first sentence of this subsection (d), the Canadian Borrowers may borrow under this Section 2.01(d)(2), repay pursuant to Section 2.04(b) or prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(d)(2).

  • Following the occurrence of an Acceleration Event, the Relevant Agent may, but shall not be obligated to, debit the amount of such payment from any one or more ordinary deposit accounts of a Facility Borrower under the applicable Term Loan Facility, Term B Loan Facility, Revolving Credit Facility or Canadian Swing Line Facility with it.

Related to Canadian Swing Line Facility

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • Swing Line Commitment means, as to the Swing Line Lender, the commitment of the Swing Line Lender to make Swing Line Advances as set forth on Annex J to the Agreement, which commitment constitutes a subfacility of the Revolving Loan Commitment of the Swing Line Lender.

  • Unused Revolving Line Facility Fee is defined in Section 2.4(d). [Signature page follows.]

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Maximum line current means the root-mean-square current in the supply line of an x-ray machine operating at its maximum rating.

  • Swing Line Outstandings means, as of any date of determination, the aggregate principal amount of all Swing Line Loans then outstanding.

  • Swing Line Loans as defined in Section 2.6.

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Swing Line means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

  • Swing Line Exposure means, at any time, the aggregate principal amount of all Swing Line Loans outstanding at such time. The Swing Line Exposure of any Lender at any time shall be its Pro Rata Share of the total Swing Line Exposure at such time.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • Revolver Facility means the credit facility as described in and subject to the limitations set forth in Section 2.01.

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Swing Line Note means the promissory note of the Borrowers substantially in the form of Exhibit C-2, payable to the order of the Swing Line Lender, evidencing the Swing Line Loans made by the Swing Line Lender.

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Total Revolving Credit Outstandings means the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations.