Examples of U.S. Swingline Loans in a sentence
All U.S. Swingline Loans shall be denominated in Dollars and shall be U.S. Base Rate Loans.
U.S. Loans and participations in U.S. Swingline Loans and U.S. Letters of Credit will be funded by each U.S. Lender pro rata in accordance with its Applicable Percentage of the U.S. Commitments.
The obligation of the U.S. Borrower to repay U.S. Swingline Loans shall be evidenced by the records of the Agent and need not be evidenced by any promissory note.
The U.S. Borrowers shall be jointly and severally liable to pay all of the U.S. Swingline Loans.
Such amounts transferred to the Administrative Agent shall be applied against the amounts of the U.S. Swingline Lender’s U.S. Swingline Loans and, together with U.S. Swingline Lender’s Pro Rata Percentage of such U.S. Swingline Loan, shall constitute U.S. Revolving Loans of such Revolving Lenders.