Swing Line Borrowing definition

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

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Swing Line Borrowing means a borrowing consisting of a Swing Line Advance made by the Swing Line Bank pursuant to Section 2.01(b) or the Lenders pursuant to Section 2.02(b).

Swing Line Borrowing means a borrowing consisting of a Swing Line Advance made by the Swing Line Bank pursuant to Section 2.01(c) or the Revolving Credit Lenders pursuant to Section 2.02(b).

Examples of Swing Line Borrowing in a sentence

Each such Swing Line Borrowing Request must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $1,000,000, and (ii) the requested borrowing date, which shall be a Business Day.
Promptly after receipt by the Swing Line Lender of any Swing Line Borrowing Request, the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Borrowing Request and, if not, the Swing Line Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof.
Each Swing Line Borrowing shall be made upon the Company’s irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by (A) telephone or (B) by a Swing Line Borrowing Request; provided that any telephonic notice must be confirmed promptly by delivery to the Swing Line Lender and the Administrative Agent of a Swing Line Borrowing Request.

More Definitions of Swing Line Borrowing

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

Swing Line Borrowing means a U.S. Swing Line Borrowing or a Canadian Swing Line Borrowing, as the context may require.

Swing Line Borrowing means any Borrowing under the Swing Line Subfacility.

Swing Line Borrowing means a borrowing of a Swing Line Loan pursuant to S ection 2.04.

Swing Line Borrowing a borrowing of a Swing Line Loan pursuant to Section 2.3.

Swing Line Borrowing means a Borrowing consisting or to consist of a Swing Line Advance.

Swing Line Borrowing means, as the context may require, a Canadian Dollar Swing Line Borrowing or a Euro/Sterling Swing Line Borrowing.