Examples of Dollar Swingline Loan in a sentence
Each Borrower that has drawn a US Dollar Swingline Loan shall repay that US Dollar Swingline Loan on the last day of its Interest Period.
A US Dollar Swingline Loan may not be applied in repayment or prepayment of another US Dollar Swingline Loan.
The Swingline Lender shall not make any Dollar Swingline Loan if, after giving effect thereto, the Borrowers would not be in compliance with the Revolving Exposure Limitations.
For the avoidance of doubt, nothing in this Agreement shall oblige the Swingline Agent to make a US Dollar Swingline Loan available to a Borrower on behalf of any US Dollar Swingline Lender that has failed to make its participation in such US Dollar Swingline Loan available to the Swingline Agent in accordance with this Clause 7.4.
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Only one US Dollar Swingline Loan may be requested in each Utilisation Request.
The Interest Period for a US Dollar Swingline Loan must be selected in the relevant Utilisation Request.
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Nothing in this Clause 7.5 shall be construed so as to require a Lender that is not a US Dollar Swingline Lender to participate in a US Dollar Swingline Loan.
This Clause 7.5 applies when a US Dollar Swingline Loan is outstanding or is to be borrowed.