Maximum Swing Loan Advance Amount definition

Maximum Swing Loan Advance Amount means $20,000,000; provided that, upon the effective date of each increase in the Maximum Revolving Advance Amount in accordance with Section 2.24, the Maximum Swing Loan Advance Amount shall increase by an amount equal to ten percent (10%) of the amount of such increase in the Maximum Revolving Advance Amount.
Maximum Swing Loan Advance Amount means $10,000,000.
Maximum Swing Loan Advance Amount means $0.

Examples of Maximum Swing Loan Advance Amount in a sentence

If, after giving effect to any reduction of the Maximum Revolving Advance Amount, the Letter of Credit Sublimit or the Maximum Swing Loan Advance Amount exceeds the Maximum Revolving Advance Amount, such Letter of Credit Sublimit or Maximum Swing Loan Advance Amount shall be automatically reduced by the amount of such excess.

Agent will promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, the Maximum Swing Loan Advance Amount, the Revolving Commitments (or the Maximum Revolving Advance Amount), or the FILO Commitments (or the Maximum FILO Advance Amount).


More Definitions of Maximum Swing Loan Advance Amount

Maximum Swing Loan Advance Amount means the amount that is 10% of the then effective Maximum Revolving Advance Amount.
Maximum Swing Loan Advance Amount means Eleven Million and 00/100 Dollars ($11,000,000.00); provided that, upon the effective date of each permanent reduction in accordance with Section 2.2(f), the Maximum Swing Loan Advance Amount shall decrease by an amount equal to ten percent (10%) of the amount of such permanent reduction in the Maximum Revolving Advance Amount.
Maximum Swing Loan Advance Amount means an amount equal to ten percent (10%) of the Maximum Revolving Advance Amount.
Maximum Swing Loan Advance Amount means the greater of (i) Fifty Million and 00/100 Dollars ($50,000,000.00) or (ii) ten percent (10%) of the Maximum Revolving Advance Amount.
Maximum Swing Loan Advance Amount means an amount equal to the lesser of (a) $10,000,000 and (b) the then effective Maximum Revolving Advance Amount.
Maximum Swing Loan Advance Amount means an amount not to exceed 10% of the Maximum Revolving Loan Amount outstanding at any time.
Maximum Swing Loan Advance Amount means the amount that is 10% of the then effective Maximum Revolving Advance Amount. “Maximum Undrawn Amount” shall mean with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or