Swingline Obligations definition

Swingline Obligations means at any time the aggregate principal amount of all outstanding Swingline Borrowings at such time.

Swingline Obligations means, at any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The Swingline Obligations of any Lender at any time shall be its Pro Rata Share of the total Swingline Obligations at such time.

Swingline Obligations means at any time the aggregate principal amount of all outstanding Swingline Loans at such time.

Examples of Swingline Obligations in a sentence

• Notwithstanding anything to the contrary contained in this Agreement, to the extent that the Swingline Lender, in its capacity as a Lender hereunder, shall be required to fund its Commitment Percentage of any Loan for re-funding of Swingline Obligations under this Section 2.7(d), the Swingline Lender and the Administrative Agent shall net out the funding thereof against the payments to be received by the Swingline Lender in respect of such re-funding.

• The funds so made available to the Administrative Agent on such Business Day in respect of such Loans will then be disbursed by the Administrative Agent directly to the Swingline Lender as payment of the Swingline Obligations.

• The Swingline Lender may request that the Swingline Obligations owing to the Swingline Lender be evidenced by a Swingline Note.

• Thereafter, the Swingline Obligations evidenced by such Swingline Note and interest thereon shall at all times (including after any assignment pursuant to Section 9.06) be represented by one or more Swingline Notes payable to the payee named therein or any assignee pursuant to Section 9.06.

• Immediately upon the sum of (A) the Revolving Credit Obligations and (B) the Swingline Obligations exceeding the Maximum Available Credit Amount, the Borrowers shall make, or cause to be made, a mandatory prepayment of the Revolving Credit Obligations and/or the Swingline Obligations in an amount equal to such excess, together with accrued but unpaid interest thereon.

More Definitions of Swingline Obligations

Swingline Obligations at any time, the aggregate principal amount of all Swingline Loans outstanding at such time. The Swingline Obligations of any Revolving Lender at any time shall be its Revolving Percentage of the total Swingline Obligations at such time.

Swingline Obligations means, at any particular time, the aggregate principal amount of all Swingline Loans outstanding at such time.

Swingline Obligations as of any date of determination, the aggregate principal amount of all Swingline Loans outstanding.

Swingline Obligations has the meaning ascribed to such term in Section 2.1(b).

Swingline Obligations means at any time the aggregate principal amount of all outstanding Swingline Borrowings at such time. "Syndication Agent" means JPM, in its capacity as Syndication Agent.

Swingline Obligations means at any time the aggregate principal amount of all outstanding Swingline Borrowings at such time. “Syndication Agent” means JPMorgan Chase Bank, N.A., in its capacity as Syndication Agent. “Synthetic Debt” means, with respect to any Person as of any date of determination thereof, all monetary obligations of such Person in respect of off-balance sheet transactions entered into by such Person that are intended to function primarily as a borrowing of funds (including any minority interest transactions that function primarily as a borrowing) but are not otherwise included as a liability on the consolidated balance sheet of such Person and its Subsidiaries in accordance with GAAP; provided that, notwithstanding the foregoing, in no event shall obligations entered into or incurred in the ordinary course in connection with forward sales, firm transportation agreement or take-or- pay contracts constitute “Synthetic Debt”.

Swingline Obligations has the meaning ascribed to such term in Section 2.4.2. "Swingline Rate" means for any day, the Overnight Transaction Loan Rate. "Tangible Net Worth" means, as of any date of determination thereof, the Net Worth less the Combined book value of any assets of the Borrowers and their consolidated Subsidiaries which would be treated as intangibles under GAAP including, without limitation, good-will, research and development costs, trade-marks, trade names, copyrights, patents and unamortized debt discount and expenses. "Taxes" means any and all present or future taxes, duties, levies, imposts, deductions, charges or withholdings, and any and all liabilities with respect to the foregoing, but excluding Excluded Taxes. "Termination Date" means July 31, 2003 or any earlier date on which the Aggregate Commitment is reduced to zero or otherwise terminated pursuant to the terms hereof. "Total Liabilities" means as of any date of determination thereof, the Combined liabilities (as such term is used under GAAP) of the Borrowers and the ir consolidated Subsidiaries. "Transferee" is defined in Section 12.5. "Trust Receipt" means a trust receipt substantially in the form of Exhibit "T' to the Security Agreement. "Type" means, with respect to any Advance, its nature as an Alternate Base Rate Advance, Eurodollar Advance or Fed Funds Advance. "Unfunded Liabilities" means the amount (if any) by which the present value of all vested and unvested accrued benefits under all Single Employer Plans exceeds the fair market value of all such Plan assets allocable to such benefits, all determined as of the then most recent valuation date for such Plans using PBGC actuarial assumptions for single employer plan terminations. "Unmatured Default" means an event which but for the lapse of time or the giving of notice, or both, would constitute a Default. "VA" means the Veterans Administration or other agency, corporation or instrumentality of the United States as to which the powers and duties of the Veterans Administration have been transferred. "VA-Approved Lender" means an institution that is approved by the VA to act as a lender in connection with the origination of any Mortgage Loan guaranteed by the VA. "Wholly-Owned Subsidiary" of a Person means (i) any Subsidiary all of the outstanding voting securities of which shall at the time be owned or controlled, directly or indirectly, by such Person or one or more Wholly-Owned Subsidiaries of such Person, or by such Person and one or more...