Swingline Borrowing definition

Swingline Borrowing means a Borrowing comprised of Swingline Loans.
Swingline Borrowing means a borrowing of a Swingline Loan pursuant to Section 2.04.
Swingline Borrowing means a Borrowing under Section 2.9 hereof.

Examples of Swingline Borrowing in a sentence

  • The Administrative Agent will promptly advise the Swingline Lender of each Notice of Swingline Borrowing.

  • Each Swingline Borrowing shall be in an amount that is an integral multiple of the Borrowing Multiple and not less than the Borrowing Minimum.

  • Each Notice of Swingline Borrowing shall be irrevocable and shall specify: (i) the principal amount of such Swingline Loan, (ii) the date of such Swingline Loan (which shall be a Business Day) and (iii) the account of the Borrower to which the proceeds of such Swingline Loan should be credited.

  • The Borrower shall give the Administrative Agent and the Swingline Lender notice pursuant to a Notice of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan.

  • Any payment made by a Revolving Facility Lender pursuant to this paragraph to reimburse an Issuing Bank for any L/C Disbursement (other than the funding of an ABR Revolving Loan or a Swingline Borrowing as contemplated above) shall not constitute a Loan and shall not relieve the Borrower of its obligation to reimburse such L/C Disbursement.


More Definitions of Swingline Borrowing

Swingline Borrowing means the making of a Swingline Advance by a Swingline Lender under Section 2.1(b).
Swingline Borrowing has the meaning set forth in Section 1.3.
Swingline Borrowing has the meaning assigned to such term in Section 2.01.
Swingline Borrowing means a Borrowing of Swingline Loans. “Swingline Loan” has the meaning assigned to such term in Section 2.09(a).
Swingline Borrowing means the Borrowing consisting of a Swingline Advance made by the Swingline Lender pursuant to Section 2.4 or, if an AutoBorrow Agreement is in effect, any transfer of funds pursuant to such AutoBorrow Agreement.
Swingline Borrowing means a Borrowing funded by way of a Swingline Advance.
Swingline Borrowing means a Borrowing hereunder consisting of one or more Swingline Loans made to the Company on the same day by the Swingline Bank.