Swingline Commitment definition

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.

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Swingline Commitment means the commitment of the Swingline Lender to make Swingline Loans in an aggregate principal amount at any time outstanding of up to the Swingline Committed Amount.

Swingline Commitment means the Swingline Lender’s obligation to make Swingline Loans pursuant to Section 2.4. in an amount up to, but not exceeding the amount set forth in the first sentence of Section 2.4.(a), as such amount may be reduced from time to time in accordance with the terms hereof.

Examples of Swingline Commitment in a sentence

• Any such reduction in the Aggregate Revolving Commitment Amount below the principal amount of the Swingline Commitment and the LC Commitment shall result in a dollar-for-dollar reduction in the Swingline Commitment and the LC Commitment.

• Section 2.1. General Description of Facilities 38 Section 2.2. Revolving Loans 38 Section 2.3. Procedure for Revolving Borrowings 39 Section 2.4. Swingline Commitment 39 Section 2.5. [Reserved] 40 Section 2.6. Funding of Borrowings 40 Section 2.7. Interest Elections 41 Section 2.8. Optional Reduction and Termination of Commitments 42 Section 2.9. Repayment of Loans 42 Section 2.10.

• In addition to the other options available to Borrower hereunder, the Swingline Commitment shall be available for Swingline Advances subject to the following terms and conditions.

More Definitions of Swingline Commitment

Swingline Commitment means the commitment of the Swingline Lender to make Swingline Loans in an aggregate principal amount at any time outstanding up to the Swingline Committed Amount, and the commitment of the Revolving Lenders to purchase participation interests in the Swingline Loans as provided in Section 2.5(b)(ii), as such amounts may be reduced from time to time in accordance with the provisions hereof.

Swingline Commitment means the commitment of the Swingline Lender to make loans pursuant to Section 2.12, as the same may be reduced from time to time pursuant to Section 2.07 or Section 2.12.

Swingline Commitment means, as to any Lender (a) the amount set forth opposite such Lender’s name on Schedule 2.01 hereof or (b) if such Lender has entered into an Assignment and Assumption or has otherwise assumed a Swingline Commitment after the Closing Date, the amount set forth for such Lender as its Swingline Commitment in the Register maintained by the Administrative Agent pursuant to Section 11.06(c).

Swingline Commitment means the commitment, if any, of the Swingline Lender to make Swingline Loans. As of the Closing Date, the Swingline Commitment is $10,000,000.

Swingline Commitment means the obligation of the Swingline Lender to make Swingline Loans not exceeding $30,000,000.

Swingline Commitment means the commitment of the Swingline Lender to make Loans pursuant to Section 2.04.

Swingline Commitment means the lesser of (a) $25,000,000 and (b) the Revolving Credit Commitment.