Examples of US Swing Line Commitment in a sentence
Schedule 2.03 and Schedule 2.04 shall be deemed to be automatically updated to reflect the L/C Commitment, the U.S. Swing Line Commitment and/or the Euro Swing Line Commitment of any Person that becomes the L/C Issuer, a U.S. Swing Line Lender or a Euro Swing Line Lender after the Closing Date pursuant to this Section 11.06(f).
During the US Revolving Credit Commitment Period, the Borrower may use the US Swing Line Commitment by borrowing, repaying and reborrowing, all in accordance with the terms and conditions hereof.
Each borrowing under the US Swing Line Commitment shall be in an amount equal to $500,000 or a whole multiple of $100,000 in excess thereof.
Schedule 2.04 shall be deemed to be automatically updated to reflect the U.S. Swing Line Commitment of any Person that becomes a U.S. Swing Line Lender after the Closing Date pursuant to this Section 2.04(g)(i).
The aggregate amount of US Swing Line Advances outstanding shall not exceed at any time the lesser of (A) the US Swing Line Commitment and (B) the US Maximum Amount less the outstanding balance of the US Revolving Loan at such time ("US Swing Line Availability").