Multicurrency Swing Line Loans definition

Multicurrency Swing Line Loans as defined in Section 2.3(b).
Multicurrency Swing Line Loans means a Domestic Swing Line Loan, an Australian Swing Line Loan or a European Swing Line Loan, or all three, as appropriate.
Multicurrency Swing Line Loans as defined in Section 2.3(b). “Multicurrency Swing Line Participation Amount”: as defined in Section 2.6(b)(ii). “Multicurrency Working Capital Facility”: the Multicurrency Working Capital Facility Commitments and the extensions of credit thereunder. “Multicurrency Working Capital Facility Commitment”: at any date, as to any Multicurrency Working Capital Facility Lender, the obligation of such Multicurrency Working Capital Facility Lender to make Multicurrency Working Capital Facility Loans to the Borrowers pursuant to Section 2.1(b) and to participate in Multicurrency Swing Line Loans and Multicurrency Working Capital Facility Letters of Credit in an aggregate principal and/or face amount at any one time outstanding not to exceed the amount set forth opposite such Multicurrency Working Capital Facility Lender’s name on Schedule 1.0 under the caption “Multicurrency Working Capital Facility Commitment” or, as the case may be, in the Assignment and Acceptance pursuant to which such Multicurrency Working Capital Facility Lender becomes a party hereto, as such amount may be changed from time to time in accordance with the terms of this Agreement. As of the SecondThird Amendment Effective Date, the original aggregate amount of the Multicurrency Working Capital Facility Commitments is $96,600,000.00100,000,000.00. “Multicurrency Working Capital Facility Commitment Percentage”: as to any Multicurrency Working Capital Facility Lender at any time, the percentage which such Multicurrency Working Capital Facility Lender’s Multicurrency Working Capital Facility Commitment then constitutes of the aggregate Multicurrency Working Capital Facility Commitments of all Multicurrency Working Capital Facility Lenders at such time (or, at any time after the Multicurrency Working Capital Facility Commitments shall have expired or terminated,

Examples of Multicurrency Swing Line Loans in a sentence

  • The proceeds of such Multicurrency Revolving Loans shall be immediately applied to repay the Refunded Multicurrency Swing Line Loans.

  • All Multicurrency Swing Line Loans shall bear interest at such other rate as shall be agreed to between the applicable Borrower and the Swing Line Bank at the time of the making of such Swing Line Loans.

  • If the amount of such prepayment by any Borrower is greater than the outstanding amount of such Borrower’s Multicurrency Swing Line Loans and Multicurrency Working Capital Facility Loans that are Base Rate Loans or Prime Rate Loans at the time such prepayment is made, the Administrative Agent or Canadian Agent, as applicable, shall promptly remit the excess to such Borrower.

  • Each Borrowing of Eurocurrency Loans (other than a Borrowing of Multicurrency Swing Line Loans) shall be (x) if denominated in U.S. Dollars, in an amount not less than $10,000,000 and in integral multiples of $100,000 and (y) if denominated in an Alternative Currency, in an amount not less than an Original Dollar Amount of $5,000,000 and in integral multiples of 100,000 units of the relevant currency.

  • Each Borrowing of Multicurrency Swing Line Loans shall be in an amount not less than an Original Dollar Amount of $500,000.

  • All amounts required to be paid pursuant to Section 2.05(b)(i) shall be applied first, ratably to the L/C Borrowings and the Multicurrency Swing Line Loans, second, to the outstanding Multicurrency Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations.

  • If such counter-party operates in a regulated environment and its revenues are a function of a regulatory decision, it would again depend on the assessment of that environment.

  • On the Termination Date, the applicable Borrower shall repay in full the outstanding principal balance of the Multicurrency Swing Line Loans.

  • As provided in (x) Section 2.2 hereof, in the case of Committed Revolving Loans and Term Loans, (y) Section 3.3 hereof, in the case of Domestic Swing Line Loans, and (z) Section 4.2 hereof, in the case of Multicurrency Swing Line Loans, at the time of each request for the Borrowing of Loans hereunder (other than Domestic Rate Loans) the Company (acting on behalf of the applicable Borrower) shall select the Interest Period applicable to such Loans from among the available options.

  • 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.


More Definitions of Multicurrency Swing Line Loans

Multicurrency Swing Line Loans means, collectively, the loans made to the Multicurrency Borrowers by the Multicurrency Swing Line Lender pursuant to Section 4.05.
Multicurrency Swing Line Loans as defined in Section 2.3(b). “Multicurrency Swing Line Participation Amount”: as defined in Section 2.6(b)(ii). “Multicurrency Working Capital Facility”: the Multicurrency Working Capital Facility Commitments and the extensions of credit thereunder. “Multicurrency Working Capital Facility Commitment”: at any date, as to any Multicurrency Working Capital Facility Lender, the obligation of such Multicurrency Working Capital Facility Lender to make Multicurrency Working Capital Facility Loans to the Borrowers USActive 56005294.156005294.9 -80-
Multicurrency Swing Line Loans means, collectively, the loans made to the Multicurrency Borrowers by the Multicurrency Swing Line Lender pursuant to Section 3.05.

Related to Multicurrency Swing Line Loans

  • 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).

  • 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).

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

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

  • 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.

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

  • Revolving Credit Loans as defined in Section 2.1.

  • Swingline Loans as defined in Section 2.6.

  • 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 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.

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

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

  • 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 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).

  • 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.

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

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • 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.

  • Swing Loans each is defined in Section 1.7 hereof.

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

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

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Credit Committed Amount has the meaning described in Section 2.1.1 (Revolving Credit Facility).