Subsidiary Swing Line Borrower Sublimit definition

Subsidiary Swing Line Borrower Sublimit means, subject to the first sentence of subsection 11.1(a), the amounts set forth opposite such Subsidiary's (or, in the case of the UK Swing Line Borrowers, their collective) name in the table below (it being understood that for the UK Swing Line Borrowers the amount is an aggregate sublimit for all of them together), as adjusted pursuant to subsection 2.6(a): =============================================================================== Name of Subsidiary(ies) Units of Applicable Currency ------------------------------------------------------------------------------- German Subsidiary DM 18.0 million ------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx S.A., Veroflay FF 11.0 million ------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx K.K., Takarazuka 175.0 million Japanese Yen ------------------------------------------------------------------------------- M-T GmbH CHF 13.0 million ------------------------------------------------------------------------------- UK Swing Line Borrowers 5.0 million Pounds Sterling =============================================================================== Substitute Lender -- see Section 2.22. Supermajority Lenders means Non-Defaulting Lenders then holding at least 66-2/3% of the sum of (i) the then aggregate unused amount of the Commitments of the Non-Defaulting Lenders, plus (ii) the then aggregate unpaid Dollar Equivalent principal amount of the Loans of the Non-Defaulting Lenders, plus (iii) (without duplication) the then aggregate Effective Amount of the L/C Obligations of the Non-Defaulting Lenders. For purposes of determining whether the Supermajority Lenders have approved any amendment, waiver or consent or taken any other action hereunder, the Dollar Equivalent amount of all Canadian Loans and all Offshore Currency Loans shall be calculated on the date immediately preceding the date such amendment, waiver or consent is to become effective or such action is to be taken.
Sample 1
Subsidiary Swing Line Borrower Sublimit means the Dollar Equivalent amounts set forth opposite such Subsidiary's name in the table below: ================================================================================ Name of Subsidiary U.S.$ ================================================================================ Xxxxxxx Automation GmbH, Giessen -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx GmbH, Giessen -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx S.A., Veroflay -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx K.K., Takarazuka -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx B.V., Tiel -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx (Albstadt) GmbH, Albstadt -------------------------------------------------------------------------------- Xxxxxxx-Xxxxxx AG, Greifensee ================================================================================
Sample 1
Subsidiary Swing Line Borrower Sublimit means the amounts set forth opposite such Subsidiary's (or, in the case of the UK Swing Line Borrowers, their collective) name in the table below (it being understood that for the UK Swing Line Borrowers the amount is an aggregate sublimit for all of them together), as adjusted pursuant to subsection 2.6(a): Name of Subsidiary(ies) Units of Applicable Currency ------------------------------------ -------------------------------------- German Subsidiary DM 18.0 million Mxxxxxx-Xxxxxx S.A., Veroflay FF 11.0 million Mxxxxxx-Xxxxxx K.K., Takarazuka 175.0 million Japanese Yen M-T GmbH CHF 13.0 million UK Swing Line Borrowers 5.0 million Pounds Sterling Substitute Lender - see Section 2.22.
Sample 1

Examples of Subsidiary Swing Line Borrower Sublimit in a sentence

  • CENTRAL OFFICE NON-TRANSPORT SERVICE OFFERINGS 12.1 Digital Centrex Service (Cont’d) 12.1.7 Optional Service Features A.

  • Notwithstanding any other provision of this Agreement, if any Swing Line Lender shall have made Swing Line Loans to a Subsidiary Swing Line Borrower in excess of the applicable Subsidiary Swing Line Borrower Sublimit of such Subsidiary Swing Line Borrower (or, with respect to M-T AG, in excess of the CHF Equivalent of the Subsidiary Swing Line Borrower Sublimit of M-T AG), no Lender shall have any obligation to make a Revolving Loan with respect to such excess.

Related to Subsidiary Swing Line Borrower Sublimit

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

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

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

  • Swing Line Commitment means, as to the Swing Line Lender, the commitment of the Swing Line Lender to make Swing Line Advances as set forth on Annex J to the Agreement, which commitment constitutes a subfacility of the Revolving Loan Commitment of the Swing Line Lender.

  • Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to Section 2.04.

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Notice of Swing Line Borrowing has the meaning specified in Section 2.02(b).

  • L/C Sublimit has the meaning ascribed to it in Annex B.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • 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 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.

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

  • Swing Line Loans as defined in Section 2.6.

  • Letter of Credit Sublimit means an amount equal to the lesser of (a) the Aggregate Revolving Commitments and (b) $25,000,000. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

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

  • Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.

  • Alternative Currency Sublimit means an amount equal to the lesser of the Aggregate Commitments and $50,000,000. The Alternative Currency Sublimit is part of, and not in addition to, the Aggregate Commitments.

  • Swingline Commitment the obligation of the Swingline Lender to make Swingline Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • 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.

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

  • LC Sublimit means $500,000,000.

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

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Revolving Facility Credit Exposure means, at any time, the sum of (a) the aggregate principal amount of the Revolving Facility Loans outstanding at such time, (b) the Swingline Exposure at such time and (c) any Revolving L/C Exposure at such time. The Revolving Facility Credit Exposure of any Lender at any time shall be the product of (x) such Lender’s Revolving Facility Percentage and (y) the aggregate Revolving Facility Credit Exposure of all Lenders, collectively, at such time.

  • 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).