Swing Loan Notes definition
Examples of Swing Loan Notes in a sentence
This Note is one of one or more Swing Loan Notes evidencing borrowings under and is entitled to the benefits and subject to the provisions of the Credit Agreement.
This Amended and Restated Swing Loan Note (this “Note”) is one of one or more Swing Loan Notes evidencing borrowings under and is entitled to the benefits and subject to the provisions of the Credit Agreement.
The Swing Loan Notes shall be payable to the order of the Swing Loan Lenders in the principal face amount equal to each such Swing Loan Lender’s Swing Loan Commitment and shall be payable as set forth below.
The surrendered Revolving Credit Notes and Swing Loan Notes (as applicable) shall be canceled and returned to the Borrower.
The Supplemental Swing Loan Notes shall bear interest on the actual unpaid principal amount thereof from time to time outstanding from the date thereof until payment in full as set forth in Section 2.5 hereof.
A particular Bank's Ratable Loan Note, together with its interest, if any, in the Bid Rate Loan Note, and, in the case of the Swing Lender, the Swing Loan Note, are referred to collectively in this Agreement as such Bank's "Note"; all such Ratable Loan Notes and interests and Swing Loan Notes are referred to collectively in this Agreement as the "Notes".
This Note is one of the Swing Loan Notes referred to in, and is entitled to the benefits of, the Credit Agreement and the other Loan Documents, including the representations, warranties, covenants and conditions contained or granted therein.
Interest shall accrue and be paid on the Swing Loans in accordance with Section 2.01 (b) (vii) and the Swing Loan Notes.
Principal amounts evidenced by the Swing Loan Notes shall become due and payable at the earlier of three (3) Banking Days after said amounts are advanced or the Maturity Date.
This Note is one of the Swing Loan Notes referred to in the Credit Agreement.