Maximum Swingline Amount definition

Maximum Swingline Amount means $5,000,000.
Maximum Swingline Amount means $10,000,000.
Maximum Swingline Amount means $50,000,000.

Examples of Maximum Swingline Amount in a sentence

  • This means not completing the kitchen and Great Hall in early June, with knock on effects on the temporary catering facilities.

  • In any event, no Swingline Advance will be made on or after the Revolving Loan Maturity Date, and no Swingline Advance will be made which would result in the Swingline Loan exceeding the Maximum Swingline Amount.

  • On any day on which the aggregate outstanding principal amount of all Swingline Loans (for this purpose, using the Dollar Equivalent with respect to any Euro Denominated Swingline Loans) exceeds the Maximum Swingline Amount, the Revolving Borrowers shall prepay on such day the principal of outstanding Swingline Loans in an amount (taking the Dollar Equivalent of the amounts paid in Euros in which payments on such Euro Denominated Swingline Loans are owing) equal to such excess.

  • Administrative Agent may treat every request for a Revolving Loan Advance that is a Base Rate Advance as a request for a Swingline Advance to the extent the requested amount does not exceed the Maximum Swingline Amount and as a request for a Revolving Loan Advance in the amount of the excess.

  • The Maximum Swingline Amount on any date shall be a Dollar amount equal to the lesser of (i) $5,000,000 or (ii) an amount equal to (a) the Aggregate Revolving Loan Commitment, minus (b) the sum of (i) the Letter of Credit Exposure and (ii) the Aggregate Revolving Loan immediately prior to the making of such Swingline Advance.


More Definitions of Maximum Swingline Amount

Maximum Swingline Amount means $25,000,000.
Maximum Swingline Amount means $15,000,000.
Maximum Swingline Amount means $20,000,000.
Maximum Swingline Amount means $2,500,000.
Maximum Swingline Amount means $2,000,000.
Maximum Swingline Amount means $3,000,000.
Maximum Swingline Amount means $1,000,000.