Quoted Rate Swingline Loan definition

Quoted Rate Swingline Loan means a Swingline Loan bearing interest at a Quoted Rate.
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Quoted Rate Swingline Loan means a Swingline Loan bearing interest at a Quoted Rate. "Register" shall have the meaning given such term in Section 10.3(c).
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Quoted Rate Swingline Loan means a Swingline Loan bearing interest -------------------------- at the Quoted Rate. "Rate Determination Date" shall have the meaning assigned to such term ----------------------- in the definition of "Applicable Percentage".
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Examples of Quoted Rate Swingline Loan in a sentence

  • Notwithstanding any other provision to the contrary set forth in this Credit Agreement, in the event that the principal amount of any Quoted Rate Swingline Loan is not repaid on the last day of the Interest Period for such Loan, then such Loan shall be automatically converted into a Base Rate Loan at the end of such Interest Period.

  • Each Swingline Loan shall be made as a Base Rate Loan or a Quoted Rate Swingline Loan and shall have such maturity date as the Swingline Lender and the Borrower shall agree upon receipt by the Swingline Lender of any such notice from the Borrower.

  • If such Swingline Loan is a Quoted Rate Swingline Loan, at a per annum rate (computed on the basis of the actual number of days elapsed over a year of 360 days) equal to the Quoted Rate applicable thereto.

  • If such Swingline Loan is a Quoted Rate Swingline Loan, at a per annum rate equal to the Quoted Rate applicable thereto.

  • Each Swingline Loan shall be made as a Base Rate Loan or a Quoted Rate Swingline Loan and shall have such maturity date as the Swingline Lender and the Borrower shall agree upon receipt by the Swingline Lender of any such notice from the Borrower but in no event shall the maturity of any Swingline Loan exceed 13 days.

  • Subject to the provisions of Section 3.1, each Swingline Loan shall bear interest at a per annum rate equal to (i) if such Swingline Loan is a Base Rate Loan, the Base Rate plus the Applicable Percentage, or (ii) if such Swingline Loan is a Quoted Rate Swingline Loan, the Quoted Rate.

  • If such Swingline Loan is a Quoted Rate Swingline Loan, Quoted Rate applicable thereto.

  • The Borrower shall give the Administrative Agent telephonic, written or telecopy notice in the form agreed to by the Borrower and the Administrative Agent (in the case of telephonic notice, such notice shall be promptly confirmed by telecopy) no later than 2:30 p.m., Pittsburgh time (or, in the case of a proposed Quoted Rate Swingline Loan, 12:00 noon, Pittsburgh time), on the day of a proposed Swingline Loan.

  • Each such notice must be received by the Swingline Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum principal amount of $100,000 and integral multiples of $100,000 in excess thereof, (ii) the requested borrowing date, which shall be a Business Day, and (iii) whether such Swingline Loan shall be a Base Rate Loan or a Quoted Rate Swingline Loan.

  • Each Swingline Loan shall be made as a Base Rate Loan or a Quoted Rate Swingline Loan and shall have such maturity date as the Swingline Lender and Xxxx shall agree upon receipt by the Swingline Lender of any such notice from Xxxx.


More Definitions of Quoted Rate Swingline Loan

Quoted Rate Swingline Loan means a Swingline Loan bearing interest at the Quoted Rate. "Ratings Services" shall have the meaning provided in the definition of "Applicable Percentage".
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Quoted Rate Swingline Loan means a Swingline Loan bearing interest at a Quoted Rate. “Recipient” means the Administrative Agent, any Lender, the L/C Issuer or any other
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Related to Quoted Rate Swingline Loan

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

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

  • 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.

  • 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.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

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

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

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

  • 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.

  • Swingline Loans as defined in Section 2.6.

  • Swing Line Loans as defined in Section 2.6.

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

  • Base Rate Revolving Loan means a Revolving Loan that is a Base Rate Loan.

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

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

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

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

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • 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 Rate means the Base Rate plus the Applicable Margin applicable to Base Rate Loans.

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Notice means a notice of (a) a Revolving Borrowing, (b) a conversion of Revolving Loans from one Type to the other, or (c) a continuation of Revolving Loans as the same Type, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

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

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.