{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "other-lender", "type": "definition", "offset": [25, 37]}, {"key": "the-request", "type": "clause", "offset": [47, 58]}, {"key": "agent-agrees", "type": "clause", "offset": [96, 108]}, {"key": "sole-discretion", "type": "definition", "offset": [127, 142]}, {"key": "this-agreement", "type": "clause", "offset": [195, 209]}], "size": 155, "samples": [{"hash": "lccYBlMmjam", "uri": "/contracts/lccYBlMmjam#swing-lender", "label": "Asset Based Revolving Credit Agreement (Par Pacific Holdings, Inc.)", "score": 37.3641357422, "published": true}, {"hash": "d7KYo3uZHkx", "uri": "/contracts/d7KYo3uZHkx#swing-lender", "label": "Credit Agreement (EquipmentShare.com Inc)", "score": 36.9370307922, "published": true}, {"hash": "fb3ixXgXMek", "uri": "/contracts/fb3ixXgXMek#swing-lender", "label": "Credit Agreement (EquipmentShare.com Inc)", "score": 36.9206008911, "published": true}], "snippet": "means 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{"size": 683, "snippet": "means \u2587\u2587\u2587\u2587\u2587 Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such \u2587\u2587\u2587\u2587\u2587\u2587\u2019s sole discretion, to become the Swing Lender under Section 2.3(b) of this Agreement.", "title": "Swing Lender", "id": "swing-lender", "examples": ["Subject to the provisions of Section 2.3(d)(ii), <strong>Swing Lender</strong> shall not make and shall not be obligated to make any Swing Loan if <strong>Swing Lender</strong> has actual knowledge that (i) one or more of the applicable conditions precedent set forth in Section 3 will not be satisfied on the requested Funding Date for the applicable Borrowing, or (ii) the requested Borrowing would exceed the Excess Availability on such Funding Date.", "Each Swing Loan shall be deemed to be a Revolving Loan hereunder and shall be subject to all the terms and conditions (including Section 3) applicable to other Revolving Loans, except that all payments (including interest) on any Swing Loan shall be payable to <strong>Swing Lender</strong> solely for its own account.", "<strong>Swing Lender</strong> shall not otherwise be required to determine whether the applicable conditions precedent set forth in Section 3 have been satisfied on the Funding Date applicable thereto prior to making any Swing Loan.", "Each of the Joint Lead Arrangers, in such capacity, shall not have any right, power, obligation, liability, responsibility, or duty under this Agreement other than those applicable to it in its capacity as a Lender, as Agent, as <strong>Swing Lender</strong> or as Issuing Bank.", "Each Lender, Agent, <strong>Swing Lender</strong>, Issuing Bank and each Loan Party acknowledges that it has not relied, and will not rely, on the Joint Lead Arrangers in deciding to enter into this Agreement or in taking or not taking action hereunder.", "Consistent with Section 12.1(h), Agent, as a non-fiduciary agent for Borrowers, shall maintain a register showing the principal amount and stated interest of the Revolving Loans, owing to each Lender, including the Swing Loans owing to <strong>Swing Lender</strong>, and Extraordinary Advances owing to Agent, and the interests therein of each Lender, from time to time and such register shall, absent manifest error, conclusively be presumed to be correct and accurate.", "If, at the time that Agent\u2019s resignation is effective, it is acting as Issuing Bank or the <strong>Swing Lender</strong>, such resignation shall also operate to effectuate its resignation as Issuing Bank or the <strong>Swing Lender</strong>, as applicable, and it shall automatically be relieved of any further obligation to issue Letters of Credit, or to make Swing Loans."], "related": [["swing-loan-lender", "Swing Loan Lender", "Swing Loan Lender"], ["revolving-lender", "Revolving Lender", "Revolving Lender"], ["swingline-lender", "Swingline Lender", "Swingline Lender"], ["swing-line-lender", "Swing Line Lender", "Swing Line Lender"], ["us-swingline-lender", "U.S. Swingline Lender", "U.S. Swingline Lender"]], "related_snippets": [], "updated": "2026-05-21T04:35:46+00:00"}, "json": true, "cursor": ""}}