Swing Loan Commitment definition
Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.
Swing Loan Commitment means PNC’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 [Swing Loan Commitment] hereof in an aggregate principal amount up to $5,000,000. Swing Loan Lender shall mean PNC, in its capacity as a lender of Swing Loans.
Swing Loan Commitment means the obligation of the Swing Bank in accordance with Section 2.1(d) to make Swing Loans in the aggregate amount of up to $15,000,000, as such amount may be reduced from time to time pursuant to this Agreement.
Examples of Swing Loan Commitment in a sentence
The Swing Loan Note shall be payable to the order of the Swing Loan Lender in the principal face amount equal to the Swing Loan Commitment and shall be payable as set forth below.
More Definitions of Swing Loan Commitment
Swing Loan Commitment means PNC Bank’s Dollar Swing Loan Commitment or its Optional Currency Swing Loan Commitment, as applicable. Swing Loan Conversion Date shall have the meaning assigned to such term in Section 2.9.4. Swing Loan Notes and Swing Loan Note shall have the meaning assigned to such term in Section 2.9.3. Swing Loan Repayment Date shall have the meaning assigned to such term in Section 2.9.2.
Swing Loan Commitment means $20,000,000 or, if less, the aggregate amount of the Revolving Commitments.
Swing Loan Commitment shall have the meaning specified in Section 2.1.2 [Swing Loan Commitment].
Swing Loan Commitment means the commitment of the Swing Loan Lender to make Swing Loans, as such commitment may be (a) reduced from time to time pursuant to Sections 2.7 and 2.9 and (b) reduced or increased from time to time pursuant to assignments by the Swing Loan Lender pursuant to Section 11.4. The original amount of the Swing Loan Commitment is equal to $3,000,000.
Swing Loan Commitment means the lesser of (a) $15,000,000 and (b) --------------------- the aggregate amount of the unused Commitments, as such amount may be reduced from time to time pursuant to Section 2.10.
Swing Loan Commitment means the Swing Lender’s commitment to make Swing Loans to the Borrowers pursuant to Section 2.1.2 in an aggregate principal amount up to $35,000,000.
Swing Loan Commitment means the Swingline Lender’s commitment to make Swing Loans pursuant to Section 2.1(d).