Existing Swingline Loan definition

Existing Swingline Loan has the meaning provided in Section 2.01(b).
Existing Swingline Loan means the aggregate principal amount of all swingline loans under the Existing Facility outstanding immediately prior to the effectiveness of this Agreement.
Existing Swingline Loan means a “Swingline Loan” under, and as defined in, the Existing ABL Credit Agreement.

Examples of Existing Swingline Loan in a sentence

  • It is acknowledged and agreed that each of the outstanding swingline loans which were incurred under the Existing Credit Agreement and which remain outstanding on the Restatement Effective Date and are set forth on Schedule III (each, an "Existing Swingline Loan" and, collectively, the "Existing Swingling Loans") shall, from and after the Restatement Effective Date, constitute a Swingline Loan for all purposes of this Agreement.

  • The Administrative Agent shall have received evidence reasonably satisfactory to it that the Existing Revolving Credit Loan and the Existing Swingline Loan, all accrued and unpaid interest thereon, any associated breakage costs, and all accrued and unpaid commitment fees and letter of credit commissions owing by the Borrower under the Existing Facility have been paid in full.


More Definitions of Existing Swingline Loan

Existing Swingline Loan means each “Swingline Loan” outstanding under the Original Credit Agreement immediately prior to the Restatement Effective Date.
Existing Swingline Loan means a Swingline Loan (as defined in the Existing Credit Agreement) made under the Existing Credit Agreement and outstanding immediately prior to the Effective Funding Time.
Existing Swingline Loan means each “Swingline Loan” outstanding under the Original Credit Agreement immediately prior to the Restatement Effective Date. “Existing Term Loan Class” has the meaning set forth in Section 2.20(a).

Related to Existing Swingline Loan

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

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

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Swingline Loans as defined in Section 2.6.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Revolving Loan has the meaning specified in Section 2.01(a).

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

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

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

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

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

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.