Examples of Euro Swingline Loan in a sentence
If such Lender or Multicurrency Lender, as applicable, pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Dollar Revolving Loan or such Multicurrency Lender’s Multicurrency Loan, as applicable, or funded participation in the relevant Swingline Loan or Euro Swingline Loan, as the case may be.
A Euro Swingline Loan may not be applied in repayment or prepayment of another Euro Swingline Loan.
Each Borrower that has drawn a Euro Swingline Loan shall repay that Euro Swingline Loan on the last day of its Interest Period.
Any payment made by a Euro Revolving Credit Lender pursuant to this paragraph to reimburse the Euro Issuing Lender for any Euro LC Disbursement (other than the funding of a Euro Swingline Loan as contemplated above) shall not constitute a Loan and shall not relieve the Euro Borrower of its obligation to reimburse such Euro LC Disbursement.
Each Euro Swingline Loan shall be in an amount that is not less than €250,000.
Immediately upon the making of a Euro Swingline Loan, each Multicurrency Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Euro Swingline Lender a risk participation in such Euro Swingline Loan in an amount equal to the product of such Multicurrency Lender’s Multicurrency Revolving Percentage times the amount of such Euro Swingline Loan.
As the study requires a deep insight into the operation of a ship, there has been a high level of involvement of people having operational knowledge during the process of developing a model for the framework.
The US Swingline Agent shall notify each Swingline Lender of the amount of each Dollar Swingline Loan and the Euro Swingline Agent shall notify each Swingline Lender of the amount of each Euro Swingline Loan and its participation in that Swingline Loan by the Specified Time.
Frequent meeting or discussion with customers and team will establish strong relationship and trust [33].
Subject to the other terms and conditions hereof, the Subsidiary Borrower may borrow under this SUBSECTION 2.5(b)(i), prepay pursuant to SUBSECTION 2.5(b)(iv) and reborrow pursuant to this SUBSECTION 2.5(b)(i) from time to time; PROVIDED that the Swingline Lender shall not be obligated to make any Euro Swingline Loan.