Swing Line Advances definition

Swing Line Advances shall have the meaning set forth in Section 2.3(a).

Swing Line Advances has the meaning given it in Section 2.4.

Swing Line Advances mean loans made by a Swing Line Lender to Borrower or the Co-Borrowers pursuant to Section 2.7.

Examples of Swing Line Advances in a sentence

• Notices of Borrowing in respect of Letters of Credit, Swing Line Advances, Term SOFR Advances and BA Advances shall be given in accordance with the provisions of Sections 4.2, 4.3, 4.11, and 6.1, respectively.

• The Swing Line Bank agrees to make one or more Swing Line Advances on any Business Day.

• All Swing Line Advances are available only by way of Prime Rate Advances, US Base Rate Advances or the issuance of Letters of Credit, and may not be converted into any other form of borrowing.

• The amount of each Advance will be apportioned among the relevant Lenders by the Agent by reference to the relevant Secured Applicable Percentage of each such Lender, as such Secured Applicable Percentage shall be immediately prior to the making of any Advance, subject to the provisions of subsections 4.3.5 and 4.3.6 hereof with respect to Swing Line Advances, and of Section 6.8 hereof with respect to BA Advances.

• In such event, the Borrower’s right to obtain Swing Line Advances will cease and the amounts outstanding thereunder will continue to form part of the Secured Obligations.

More Definitions of Swing Line Advances

Swing Line Advances means Advances made by the Swing Line Lender to any of the Borrowers pursuant to Section 2.5.

Swing Line Advances has the meaning specified in subsection 2.03(a).

Swing Line Advances means a Prime Rate Advance, a US Base Rate Advance or the issuance of a Letter of Credit (in the latter case, subject to prior notice as required by the Swing Line Lender in accordance with its normal practice) under the Revolving Facility by the Swing Line Lender to the Borrower in an aggregate principal amount outstanding at any time not exceeding the Swing Line Commitment. All Swing Line Advances are available only by way of Prime Rate Advances, US Base Rate Advances or the issuance of Letters of Credit, and may not be converted into any other form of borrowing.

Swing Line Advances means Borrowings initially funded by BofA ------------------- in the manner provided in Section 3.1(h). --------------

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

Swing Line Advances is defined in SECTION 2.01(B).

Swing Line Advances means Advances made only by way of Overdrafts under the Credit Facility and made only by the Swing Line Lender, all in accordance with Section 2.11 and without participation by any other Lenders (except as contemplated in Sections 2.11(d) and 2.11(e)).