Swing Bank definition

Swing Bank means SunTrust Bank, or any other Lender who shall agree with the Administrative Agent to act as Swing Bank.
Swing Bank means, at any time, Scotiabank or such other Lender which becomes the replacement Swing Bank at such time.
Swing Bank means Citicorp or such other Lender who shall also be the Agent or who shall agree with the Agent to act as Swing Bank.

Examples of Swing Bank in a sentence

  • Each Swing Loan shall be subject to all the terms and conditions applicable to Revolving Loans, except that all payments thereon shall be payable to the Swing Bank solely for its own account.

  • The Swing Bank shall have no duty or obligation to make any Swing Loans hereunder.

  • The Swing Bank shall not make any Swing Loans if the Swing Bank has received written notice from any Lender (or the Swing Bank has actual knowledge) that one or more applicable conditions precedent set forth in Section 4.2 will not be satisfied (or waived pursuant to the last sentence of Section 4.2) on the requested Advance date.

  • Each Swing Bank shall be responsible for invoicing the applicable Borrower for interest on the Swing Loans made by it.

  • Each Swing Bank shall promptly notify the Administrative Agent of any prepayments by the Borrower of interest on the Swing Loans made by such Swing Bank.


More Definitions of Swing Bank

Swing Bank means Wachovia Bank, National Association, or any other Lender who shall agree with the Administrative Agent and the Borrower to act as Swing Bank.
Swing Bank means Wachovia, as lender under the Swing Credit ---------- Agreement, or Wachovia or any other institutional lender under any other Swing Credit Agreement.
Swing Bank. Bank of America, Citibank, N.A., HSBC Bank USA, National Association, JPMorgan Chase Bank, N.A., State Street Bank and Trust Company, Brown Brothers Xxxxxxxx & Co., Credit Agricole Corporate and Investment Bank, Xxxxxxx Xxxxx Bank USA and MUFG Bank, Ltd., acting as swing loan lenders, and their respective successors.
Swing Bank means BMOCMF in its capacity as provider of Swing Loans, or any successor Swing Bank hereunder. “Swing Line” means the credit facility for making one or more Swing Loans described in Section 1.20 hereof. “Swing Line Sublimit” means $25,000,000, as reduced pursuant to the terms hereof.
Swing Bank means M&T Bank, in its capacity as Bank of Swing Line Loans hereunder.
Swing Bank means Mellon in its capacity as lender of Swing ---------- Loans.
Swing Bank means Wachovia and any other Bank which, hereafter, at the request or with the consent of Wachovia, shall agree to act as "Swing Bank" for purposes hereof.