Swing Line Maximum Amount definition
Swing Line Maximum Amount means Ten Million Dollars ($10,000,000).
Swing Line Maximum Amount means Five Million Dollars ($5,000,000).
Swing Line Maximum Amount means Fifteen Million Dollars ($15,000,000).
Examples of Swing Line Maximum Amount in a sentence
The aggregate amount of Swing Line Advances outstanding shall not exceed at any time the lesser of (A) the Swing Line Maximum Amount or (B) an amount that results in (i) any Lender’s Revolving Exposure exceeding such Lender’s Revolving Loan Commitment or (ii) the aggregate Revolving Exposure of all Lenders exceeding the lesser of (x) the Maximum Revolver Amount and (y) the Borrowing Base.
If at any time the outstanding Swing Line Advances exceed the Swing Line Maximum Amount, then, on the next succeeding Business Day, Borrowers shall repay Swing Line Advances, in an aggregate amount equal to such excess.
More Definitions of Swing Line Maximum Amount
Swing Line Maximum Amount means Twenty Million Dollars ($20,000,000).
Swing Line Maximum Amount means Seven Million Five Hundred Thousand Dollars ($7,500,000).
Swing Line Maximum Amount means Twenty-Five Million Dollars ($25,000,000).
Swing Line Maximum Amount means Forty Million Dollars ($40,000,000).
Swing Line Maximum Amount means Fifty Million and No/100 Dollars ($50,000,000).
Swing Line Maximum Amount means Three Million Dollars ($3,000,000).
Swing Line Maximum Amount means One Million Dollars ($1,000,000).