Swing Line Borrowers definition

Swing Line Borrowers means US Borrower and the Subsidiary Swing Line Borrowers.
Sample 1Sample 2Sample 3
Swing Line Borrowers with respect to Swing Line Loans, the Domestic Borrowers, the French Borrower, the German Borrower, the Japanese Borrower and the Sterling Borrower; each a "Swing Line Borrower".
Sample 1
Swing Line Borrowers means IPI (the "CANADIAN SWING LINE BORROWER") for Advances in Cdn. Dollars, and IPC (the "AMERICAN SWING LINE BORROWER") for Advances in US Dollars;
Sample 1

Examples of Swing Line Borrowers in a sentence

  • The Administrative Agent and the Swing Line Lenders acknowledge that the funding provisions in respect of the Swing Line Commitments are material terms of this Agreement and that it is of importance to the Swing Line Borrowers that the funding of Swing Line Loans be made in a timely and efficient manner.

  • The Swing Line Borrowers shall make all payments of principal and interest in respect of the Swing Line Loans directly to the Swing Line Lender.

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

  • Swing Line Advances may be made or drawn by way of overdrafts on the relevant Swing Line Borrower's account with the relevant Swing Line Lender or by way of irrevocable same Business Day telephone notice to the Swing Line Lender at or before 11:00 a.m. New York time followed by the delivery on the same day of a written notice of confirmation.

  • Within the foregoing limits, and subject to the other terms and conditions hereof, the Company and such Domestic Subsidiary Swing Line Borrowers may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04.

  • The proceeds of Swing Line Advances may be used by the Swing Line Borrowers for any purpose for which other Advances under Facility A may be used.

  • The Companies shall ----------------------------------------- deliver to the International Swing Line Banks, as soon as practicable but no later than 30 days after the Closing Date, a release in form reasonably acceptable to the International Swing Line Banks, executed and delivered by each of the Companies and the International Swing Line Borrowers (as defined in the International Swing Line Agreement).

  • SECTION TWO - CONDITIONS TO EFFECTIVENESS OF THIS AMENDMENT 2.1 The amendments provided for in Section One hereof shall become effective on the date on which the Administrative Agent shall have received duly executed counterparts hereof from the Borrowers, UK Borrower, Canadian Borrower, the Subsidiary Swing Line Borrowers and the Required Lenders.

  • Subject to the terms of this Agreement, and any applicable Alternate Currency Addendum, the Swing Line Borrowers may borrow, repay and reborrow Swing Line Loans at any time prior to the Termination Date.

  • Such Subsidiary Swing Line Borrower's execution and delivery of the Loan Documents to which it is a party constitute, and the exercise of its rights and performance of and compliance with its obligations under such Loan Documents will constitute, private and commercial acts done and performed for private and commercial purposes.

Related to Swing Line Borrowers

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

  • Swing Line Borrowing Notice is defined in Section 2.4.2.

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

  • Swing Line Bank has the meaning specified in the recital of parties to this Agreement.

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

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

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

  • Swing Line Loans as defined in Section 2.6.

  • Swingline Borrowing Request means a request by the Borrower substantially in the form of Exhibit C-2.

  • Swing Line Loan Notice means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in writing, shall be substantially in the form of Exhibit B.

  • 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).

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

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

  • Notice of Swingline Borrowing means a notice in the form of Exhibit F to be delivered to the Agent pursuant to Section 2.04 evidencing the Borrower’s request for a Swingline Loan.

  • Swing Line Note means the promissory note of the Borrowers substantially in the form of Exhibit C-2, payable to the order of the Swing Line Lender, evidencing the Swing Line Loans made by the Swing Line Lender.

  • 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 Participation Certificate a certificate substantially in the form of Exhibit H.

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

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.

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

  • 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.

  • Revolving Credit Extension Request shall have the meaning provided in Section 2.14(f)(ii).

  • Swing Line Rate means, (a) in respect of Swing Line Loans made in US Dollars or any Alternate Currency other than Canadian Dollars, for any Interest Period, the sum of (i) the rate per annum determined by the applicable Swing Line Agent as the rate of interest (rounded upward to the next 1/100th of 1%) at which deposits in the relevant currency for delivery on the first day of such Swing Line Loan in Same Day Funds in the approximate amount of the Swing Line Loan being made by such Swing Line Agent (or its affiliate) and with a term equivalent to such Interest Period would be offered by BNP Paribas London to major banks in the London or other offshore interbank market for such currency at their request at approximately 11:00 a.m. (London time) on the first day of such Swing Line Loan and (ii) the Applicable Rate, (b) in the case of Swing Line Loans made in Canadian Dollars, the sum of (i) the Canadian Prime Rate and (ii) the Applicable Rate and (c) in the case of Swing Line Loans made in Australian Dollars, for any Interest Period, the sum of (i) the rate per annum determined by the applicable Swing Line Agent as the rate of interest (rounded upward to the next 1/100th of 1%) at which deposits in Australian Dollars for delivery on the first day of such Swing Line Loan in Same Day Funds in the approximate amount of the Swing Line Loan being made by such Swing Line Agent (or its affiliate) and with a term equivalent to such Interest Period would be offered by BNP Paribas, Sydney Branch to major banks in Sydney at their request at approximately 11:00 a.m. (Sydney time) on the first day of such Swing Line Loan and (ii) the Applicable Rate.

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