The Swing Line definition

The Swing Line. Note shall represent the obligation of Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower together with interest thereon as prescribed in SECTION 1.2.
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The Swing Line. Lender shall furnish the Borrower with a copy of the applicable Notice of Borrowing promptly after delivering such notice to the Revolving Credit Facility Administrative Agent. Each Lender shall make an amount equal to its Pro Rata Share of the amount specified in such Notice of Borrowing available to the Revolving Credit Facility Administrative Agent in immediately available funds for the account of the Swing Line Lender at the Administrative Agent's Office of the Revolving Credit Facility Administrative Agent not later than 1:00 p.m. on the day specified in such Notice of Borrowing, whereupon, subject to Section 2.04(c)(ii), each Revolving Credit Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such amount. The Revolving Credit Facility Administrative Agent shall remit the funds so received to the Swing Line Lender.
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The Swing Line. Note shall represent the obligation of Borrower to pay the amount of the Swing Line Commitment or, if less, the aggregate unpaid principal amount of all Swing Line Advances made to Borrower with interest thereon as prescribed in Section 1.9. The date and amount of each Swing Line Advance and each payment of principal with respect thereto shall be recorded on the books and records of Agent, which books and records shall constitute prima facie evidence of the accuracy of the information therein recorded. The entire unpaid balance of the Swing Line Loan shall be immediately due and payable on the Commitment Termination Date if not sooner paid in full.
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Examples of The Swing Line in a sentence

  • The Swing Line Lender shall be responsible for invoicing the Borrower for interest on the Swing Line Loans.

  • The Swing Line Lender shall furnish the Borrower with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent.

  • The Swing Line Lender shall furnish the Borrower with a copy of the applicable Loan Notice promptly after delivering such notice to the Administrative Agent.

  • The Swing Line Lender shall be responsible for invoicing the Borrowers for interest on the Swing Line Loans.

  • The Swing Line Lender shall be responsible for invoicing the Company for interest on the Swing Line Loans.

  • The Swing Line Lender shall furnish the Company with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent.

  • The Swing Line Lender shall furnish the Company with a copy of the applicable Loan Notice promptly after delivering such notice to the Administrative Agent.

  • The Swing Line Lender shall furnish the Borrower with a copy of the applicable Revolving Loan Notice promptly after delivering such notice to the Administrative Agent.

  • The Swing Line Lender shall furnish the Lead Borrower with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent.

  • The Swing Line Loan Commitment shall expire on the Revolving Loan Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans shall be paid in full no later than that date.