Swingline Availability Period definition

Swingline Availability Period means the period from and including the Closing Date to but excluding the Swingline Maturity Date.
Swingline Availability Period means the period commencing on the Closing Date and ending on the earlier of (a) the date occurring twelve (12) months thereafter and (b) the Maturity Date.
Swingline Availability Period means the period as may be agreed in writing by the Swingline Lender, Borrower, and all Lenders but not to end after the Maturity Date.

Examples of Swingline Availability Period in a sentence

  • Within the foregoing limits, the Borrower may borrow under this Section, repay Swingline Loans and reborrow at any time during the Swingline Availability Period under this Section.

  • The Swingline Bank agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Swingline Availability Period; provided that, immediately after each such loan is made, the aggregate outstanding principal amount of such loans shall not exceed the Swingline Commitment.

  • The Swingline Bank agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Swingline Availability Period; PROVIDED that, immediately after each such loan is made, the aggregate outstanding principal amount of such loans shall not exceed the Swingline Commitment.

  • Subject to the terms and conditions hereof, including without limitation Section 2.11., the Swingline Lender agrees to make Swingline Loans to the Borrower, during the Swingline Availability Period, in an aggregate principal amount at any one time outstanding up to, but not exceeding, $10,000,000, as such amount may be reduced from time to time in accordance with the terms hereof.

  • From time to time during the Swingline Availability Period, the parties hereto may enter into transactions in which Sellers agree to transfer to Buyer Swingline Purchased Loans against the transfer of funds by Buyer, with a simultaneous agreement by Buyer to transfer to the applicable Seller such Swingline Purchased Loans at a date certain, against the transfer of funds by such Seller.


More Definitions of Swingline Availability Period

Swingline Availability Period means the period from and including the Effective Date to and including the third Euro-Currency Business Day prior to the Termination Date.
Swingline Availability Period means the period commencing on the A&R Closing Date and ending on the Swingline Availability Period End Date.

Related to Swingline Availability Period

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Letter of Credit Availability Period the period from and including the Closing Date to but excluding the Letter of Credit Maturity Date.

  • Availability Period means the period from and including the Effective Date to but excluding the earlier of the Maturity Date and the date of termination of the Commitments.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • Swingline Committed Amount means the amount of the Swingline Lender’s Swingline Commitment as specified in Section 2.4(a).

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Swingline Commitment the obligation of the Swingline Lender to make Swingline Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Swing Line Commitment the obligation of the Swing Line Lender to make Swing Line Loans pursuant to Section 2.6 in an aggregate principal amount at any one time outstanding not to exceed $10,000,000.

  • Revolving Credit Period means the period from and including the Effective Date to but excluding the Termination Date.

  • Canadian Availability means, with respect to the Canadian Loan Parties, at any time, an amount equal to (a) the lesser of (i) the total Canadian Revolving Subcommitment of all Canadian Revolving Lenders and (ii) the Canadian Borrowing Base minus (b) the total Canadian Revolving Exposure of all Canadian Revolving Lenders.