Swing Line Facility definition

Swing Line Facility has the meaning specified in Section 2.01(c).
Swing Line Facility means, at any time, an amount equal to the amount of the Swing Line Bank’s Swing Line Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

Examples of Swing Line Facility in a sentence

  • The Swing Line Facility is not independent of the Revolving Credit Facility.

  • Within the limits of the Swing Line Facility and within the limits referred to in clause (ii) above, the Borrowers may borrow under this 2.01(c), prepay pursuant to Section 2.10 and reborrow under this Section 2.01(c).


More Definitions of Swing Line Facility

Swing Line Facility has the meaning specified in Section 2.01(d).
Swing Line Facility means the credit facility evidenced by the Swing Line Commitment.
Swing Line Facility means the swing line facility established pursuant to Section 2.3.
Swing Line Facility means, at any time, the aggregate amount of the Swing Line BanksSwing Line Commitments at such time.
Swing Line Facility means, at any time, an amount equal to the lesser of (a) the amount of the Swing Line Commitment at such time and (b) $25,000,000, as such amount may be reduced at or prior to such time pursuant to Section 2.05.