US Dollar Swingline Loan definition

US Dollar Swingline Loan means a loan made or to be made under the US Dollar Swingline Facility or the principal amount outstanding for the time being of that loan.
Sample 1Sample 2Sample 3
US Dollar Swingline Loan means a Swingline Loan denominated in U.S. dollars.
Sample 1

Examples of US Dollar Swingline Loan in a sentence

  • Each Borrower that has drawn a US Dollar Swingline Loan shall repay that US Dollar Swingline Loan on the last day of its Interest Period.

  • A US Dollar Swingline Loan may not be applied in repayment or prepayment of another US Dollar Swingline Loan.

  • For the avoidance of doubt, nothing in this Agreement shall oblige the Swingline Agent to make a US Dollar Swingline Loan available to a Borrower on behalf of any US Dollar Swingline Lender that has failed to make its participation in such US Dollar Swingline Loan available to the Swingline Agent in accordance with this Clause 7.4.

  • If the conditions set out in this Agreement have been met, each US Dollar Swingline Lender shall make its participation in each US Dollar Swingline Loan available to the Swingline Agent through its Facility Office.

  • Only one US Dollar Swingline Loan may be requested in each Utilisation Request.

  • The Interest Period for a US Dollar Swingline Loan must be selected in the relevant Utilisation Request.

  • It has been indicated that applying TR in a radar system for target detection pro- vides significant gains over conventional detection.

  • Nothing in this Clause 7.5 shall be construed so as to require a Lender that is not a US Dollar Swingline Lender to participate in a US Dollar Swingline Loan.

  • A Borrower to which a US Dollar Swingline Loan has been made may prepay at any time the whole of that US Dollar Swingline Loan.

  • This Clause 7.5 applies when a US Dollar Swingline Loan is outstanding or is to be borrowed.

Related to US Dollar Swingline Loan

  • U.S. Swingline Loan means a Loan made pursuant to Section 2.04 as a “U.S. Swingline Loan.”

  • Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Revolving Credit Loan has the meaning specified in Section 2.01(b).

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Swingline Loans as defined in Section 2.6.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Revolving Dollar Credit Exposure means, with respect to any Lender at any time, the sum of the outstanding principal amount of such Lender’s Syndicated Loans, and its LC Exposure and Swingline Exposure, at such time made or incurred under the Dollar Commitments.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Revolving Credit Loans as defined in Section 2.1.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Swing Line Loans as defined in Section 2.6.

  • Multicurrency LC Exposure means, at any time, the sum of (a) the aggregate undrawn amount of all outstanding Multicurrency Letters of Credit at such time plus (b) the aggregate amount of all LC Disbursements in respect of such Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The Multicurrency LC Exposure of any Lender at any time shall be its Applicable Multicurrency Percentage of the total Multicurrency LC Exposure at such time.

  • Swing Line Loan Commitment means the commitment of Swing Line Lender to make Swing Line Loans to Company pursuant to subsection 2.1A(iii).

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Swingline Facility means the swingline facility established pursuant to Section 2.2.

  • Swing Line Loan has the meaning specified in Section 2.04(a).

  • Alternate Currency Loan means any Loan denominated in an Alternate Currency.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Refunded Swing Line Loans as defined in Section 2.3(b)(iv).

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Swingline Rate means the Base Rate plus the Applicable Margin applicable to Base Rate Loans.