Swing Line Limit definition

Swing Line Limit means a maximum principal amount of $45,000,000 at any one time outstanding.
Swing Line Limit in respect of any Specified Borrower, the amount listed as the Swing Line Limit in respect of such Specified Borrower in Schedule III, but not in any case for all Specified Borrowers to exceed a Dollar Equivalent Amount equal to $150,000,000.
Swing Line Limit means, for any day, the lesser of (x) $100,000,000, and (y) the Maximum Aggregate Commitment minus the Aggregate Outstanding Purchase Price outstanding on that day, being the maximum amount that may be funded and outstanding on that day under the Swing Line.

Examples of Swing Line Limit in a sentence

  • In addition to its Commitment under Section 2.1, the Swing Line Buyer may, in its discretion, fund revolving Swing Line Transactions for aggregate Purchase Prices which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Transactions.

  • In addition to its Commitment under Section 2.1, U.S. Bank agrees to fund revolving Swing Line Transactions for aggregate Purchase Prices which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Transactions.

  • The Seller may request U.S. Bank to fund revolving Swing Line Transactions for aggregate Purchase Prices which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Transactions.

  • Chancellor McCormick also received the 2009 Distinguished Service Award from the Minnesota Association of School Administrators.

  • In addition to its Commitment under Section 3.1, JPMorgan agrees to fund revolving credit Swing Line Advances to the Company in principal amounts which do not on any day exceed the Swing Line Limit for the purpose of initially funding requested Borrowings.


More Definitions of Swing Line Limit

Swing Line Limit means $25,000,000.
Swing Line Limit means a maximum principal amount of the lesser of (a) $200,000,000 and (b) the Aggregate Commitments at any one time outstanding.
Swing Line Limit means, for any day, the lesser of (x) twenty percent (20%) of the Aggregate Committed Sum for that day and (y) the Aggregate Committed Sum minus the sum of all Advances outstanding on that day, being the maximum principal that may be borrowed and outstanding on that day under the Swing Line.
Swing Line Limit means $10,000,000.
Swing Line Limit means US$10,000,000 or the equivalent thereof in Canadian Dollars;
Swing Line Limit means, for the Swing Line Lender, $10,000,000; provided that, on and after the Revolving Maturity Date, the Swing Line Limit shall be zero.
Swing Line Limit means a maximum principal amount of $90,000,000 at any one time outstanding.