Examples of Swingline Funding Request in a sentence
If any Swingline Funding Request is received by the Deal Agent and the Swingline Purchaser after 2:00 p.m. on the Business Day for which such Swingline Purchase is requested or on a day that is not a Business Day, such Swingline Funding Request shall be deemed to be received by the Deal Agent and the Swingline Purchaser at 9:00 a.m. on the next following Business Day.
Each such Swingline Funding Request (along with a Borrowing Base Certificate) shall (i) specify the aggregate amount of the requested Swingline Advance, which shall be in an amount equal to at least $1,000,000, (ii) specify the date of the requested Swingline Advance, and (iii) include a representation that all conditions precedent for a funding have been met.
Swingline Advances shall be made only in Euro (or in any Alternative Currency, calculated as of the date of the applicable Swingline Funding Request) and shall have one Interest Rate.
Subject to the terms and conditions hereinafter set out, during the Revolving Period, the relevant Swingline Lender shall advance to the relevant Borrower the amount requested under a Swingline Funding Request (each, a “Swingline Advance”).
Provided the Deal Agent has determined in its discretion to enter into the related Transaction that is the subject of the Swingline Funding Request, the Swingline Purchaser determines in its discretion to make such Swingline Purchase and all other terms and conditions set forth in Articles II and III are satisfied on the proposed Purchase Date, the Swingline Purchaser shall fund the Swingline Purchase by 5 p.m. on the proposed Purchase Date in the manner provided in Subsection 2.2(i).
If any Swingline Funding Request is received by a Swingline Lender after 10:00 a.m. (London time) on the Business Day for which such Swingline Advance is requested or on a day that is not a Business Day, such Swingline Funding Request shall be deemed to be received by such Swingline Lender at 9:00 a.m. (London time) on the following Business Day.
Each Swingline Funding Request (along with the Borrowing Base Certificate) and Tape must be received by the Deal Agent and the Swingline Lender and each related Funding Request (along with a Borrowing Base Certificate) must be received by the Deal Agent no later than 2:00 p.m. (Charlotte, North Carolina time) on the Business Day for which such Swingline Advance is requested.
Completion of Swingline Funding Request — Swingline AdvancesDuring the Revolving Period, each Borrower may, at its option, request a Swingline Lender to make advances of funds on an expedited basis (each such request, a “ Swingline Funding Request”), each such Swingline Funding Request to be substantially in the form of Exhibit A-2 hereto.