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.