Multicurrency Swing Line Loan definition

Multicurrency Swing Line Loan means a Multicurrency European Swing Line Loan or a Multicurrency U.S. Swing Line Loan, as the context requires.
Multicurrency Swing Line Loan is defined in Section 4.1 hereof.
Multicurrency Swing Line Loan means any Swing Line Loan made available to the Company in an Available Foreign Currency or to a Foreign Subsidiary Borrower in Dollars or an Available Foreign Currency.

Examples of Multicurrency Swing Line Loan in a sentence

  • Landlord shall not be required to make any improvements or repairs of any kind upon the Premises and appurtenances unless otherwise expressly provided in this Lease.

  • Promptly after receipt of such notice (but in no event later than 11:00 a.m. (Chicago time) on the date the Administrative Agent receives such notice), the Administrative Agent shall notify the Multicurrency Swing Line Bank whether such requested Multicurrency Swing Line Loan is permitted under the limitations on credit available hereunder expressed in the first sentence of Section 4.1 hereof.

  • Each Multicurrency Swing Line Loan shall be paid in full by the Company on or before the seventh (7th) Business Day after the Borrowing Date for such Multicurrency Swing Line Loan.

  • Each Bank with a Revolving Credit Commitment (other than the Multicurrency Swing Line Bank), by its acceptance hereof, severally agrees to purchase from the Multicurrency Swing Line Bank, and the Multicurrency Swing Line Bank hereby agrees to sell to each such Bank (in this Section, a "Participating Bank"), an undivided percentage participating interest, to the extent of its Revolver Percentage, in each Multicurrency Swing Line Loan.

  • The Participating Banks shall, to the extent of their respective Percentages, indemnify the Multicurrency Swing Line Bank (to the extent not reimbursed by the Borrowers) against any cost, expense (including reasonable counsel fees and disbursements), claim, demand, action, loss or liability (except such as result from the Multicurrency Swing Line Bank's gross negligence or willful misconduct) that the Multicurrency Swing Line Bank may suffer or incur in connection with any Multicurrency Swing Line Loan.

  • Each Multicurrency Swing Line Loan shall be a Eurocurrency Loan subject to Section 2.1(b) hereof and the other terms and provisions hereof applicable to Eurocurrency Loans denominated in the same Alternative Swing Line Currency, other than the provisions of Section 1.2 applicable only to Committed Revolving Loans and the provisions of Section 2.2.

  • They also heighten the vulnerability of supervisory control and data acquisition (SCADA) systems, which could result in, for instance, losing partial control of a water or waste treatment plant.

  • The date on which the Term Loans, any Revolving Credit ------------- Loan, Multicurrency Swing Line Loan, Swing Line Loan or any Revolving Multicurrency Loan is made or is to be made, and the date on which any Revolving Credit Loan is converted or continued in accordance with (S)2.8, all of any portion of the Domestic Term Loan is converted or continued in accordance with (S)3.5.3(a), or any Multicurrency Loan is continued in accordance with (S)4.8.

  • If a plea of former jeopardy had merit and trial counsel’s failure to raise the plea resulted in the withdrawal of a crucial defense, then the defendant would havebeen denied the effective assistance of counsel.

  • Promptly after receipt of the Borrowing/Conversion/ Continuation Notice under Section 2.3(B) in respect of Multicurrency Swing Line Loans, the Administrative Agent shall notify each Lender by telex or telecopy, or other similar form of transmission, of the requested Multicurrency Swing Line Loan.


More Definitions of Multicurrency Swing Line Loan

Multicurrency Swing Line Loan means a Loan made to the Company by the Multicurrency Swing Line Bank pursuant to Section 2.3 hereof.

Related to Multicurrency Swing Line Loan

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

  • Swing Line Loans as defined in Section 2.6.

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

  • 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.

  • 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.

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

  • Swing Line Advance means an advance made by (a) the Swing Line Bank pursuant to Section 2.01(c) or (b) any Revolving Credit Lender pursuant to Section 2.02(b).

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

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

  • Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

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

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • 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.

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

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

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • Swing Line Facility means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04.

  • 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.

  • Revolving Multicurrency Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Multicurrency Commitments.

  • Swingline Loans as defined in Section 2.6.

  • 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.