Swing Line definition

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

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Swing Line means the credit facility for making one or more Swing Loans described in Section 1.7 hereof.

Swing Line means the revolving line of credit established by Swing Line Lender in favor of Borrower pursuant to Section 2.04.

Examples of Swing Line in a sentence

The Swing Line Lender shall act on behalf of the Lenders with respect to the Swing Loans made hereunder.
So long as any Lender is a Defaulting Lender, the Swing Line Lender shall not be required to fund any Swing Line Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swing Line Loan.
Subject to the terms and conditions hereof, the proceeds of each Swing Loan extended to the Borrower shall be deposited or otherwise wire transferred to the Borrower’s Designated Disbursement Account or as the Borrower, the Administrative Agent, and the Swing Line Lender may otherwise agree.
Each Lender that so purchases a participation in a Swing Loan shall thereafter be entitled to receive its Percentage of each payment of principal received on the Swing Loan and of interest received thereon accruing from the date such Lender funded to the Swing Line Lender its participation in such Loan.
The Borrower shall give the Administrative Agent prior notice (which may be written or oral) no later than 3:30 p.m. (Chicago time) (or such later time as agreed upon by the Borrower, the Administrative Agent and the Swing Line Lender) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan.

More Definitions of Swing Line

Swing Line means the revolving credit loans to be advanced to the Borrower by the Swing Line Lender pursuant to Section 2.5 hereof, in an aggregate amount (subject to the terms hereof), not to exceed, at any one time outstanding, the Swing Line Maximum Amount.

Swing Line means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04. “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04.

Swing Line means the revolving line of credit established by NationsBank in favor of the Borrower pursuant to SECTION 2.13.

Swing Line means the revolving credit loan to be advanced to the Company by the Swing Line Bank pursuant to Section 2.5 hereof, in an aggregate amount (subject to the terms hereof) not to exceed, at any one time outstanding, the Swing Line Maximum Amount.

Swing Line means the revolving line of credit established by the Swing Line Lender in favor of Borrower pursuant to Section 2.8.

Swing Line means the credit facility for making one (1) or more Swing Loans described in Section 2.11 hereof.

Swing Line means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.05. “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.05.