Swingline Loans definition

Swingline Loans as defined in Section 2.6.

Swingline Loans means the swingline loans made to the Borrower pursuant to Section 2.04.

Swingline Loans has the meaning given to such term in Section 2.1(b).

Examples of Swingline Loans in a sentence

• Partial prepayments of Swingline Loans shall be in an aggregate principal amount of $250,000 or a whole multiple thereof.

• If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein, together with (except in the case of Revolving Loans that are ABR Loans and Swingline Loans) accrued interest to such date on the amount prepaid.

• Without limiting the generality of the foregoing, each Credit Party hereby acknowledges that all of the obligations under the Revolving Credit Loans, the Revolving Credit Commitments, the Swingline Loans, the Swingline Commitments, the LC Exposures and the Letters of Credit constitute “Guaranteed Obligations” and “Secured Obligations”.

• Proceeds of the Revolving Loans, Swingline Loans and the Letters of Credit shall be used for general corporate purposes and any other use not prohibited by this Agreement.

• So long as any Lender is a Defaulting Lender, (i) the Swingline Lender shall not be required to fund any Swingline Loans unless it is satisfied that it will have no Fronting Exposure after giving effect to such Swingline Loan, and (ii) the Issuing Lender shall not be required to issue, extend, renew or increase any Letter of Credit unless it is satisfied that it will have no Fronting Exposure in respect of Letters of Credit after giving effect thereto.

More Definitions of Swingline Loans

Swingline Loans shall have the meaning set forth in Section 2.4(a).

Swingline Loans as defined in Section 3.3(a).

Swingline Loans has the meaning set forth in Section 2.3(a).

Swingline Loans shall have the meaning provided in Section 1.01(B).

Swingline Loans has the meaning set forth in Section 2.06(a) of the Series 2018-1 Class A-1 Note Purchase Agreement.

Swingline Loans means the collective reference to the ABR Swingline Loans and the Quoted Swingline Loans.

Swingline Loans means, collectively, and Swingline Loan means, separately, all Swingline Loans or any Swingline Loan made by PNC to the Borrower pursuant to Section 2.1(b) hereof.