U.S. Swingline Sublimit definition

U.S. Swingline Sublimit has the meaning specified in Section 2.3(a).

U.S. Swingline Sublimit has the meaning assigned to such term as Section 2.03(a).

U.S. Swingline Sublimit as defined in Section 2.2(c)(i).

Examples of U.S. Swingline Sublimit in a sentence

• In connection with any Reallocation, the Borrower Representative may reallocate (x) any portion of the U.S. Letter of Credit Sublimit to the Canadian Letter of Credit Sublimit and vice-versa and (y) any portion of the U.S. Swingline Sublimit to the Canadian Swingline Sublimit and vice-versa.

• Each U.S. Swingline Loan advance shall be in a minimum principal amount of $100,000 and in integral multiples thereof (or the remaining amount of the U.S. Swingline Sublimit, if less).

• Within the limits of the U.S. Swingline Sublimit, and subject to the other terms and conditions hereof, the U.S. Borrowers may borrow under this Section 2.01(f), prepay under Section 2.04, and reborrow under this Section 2.01(f).

• During the Revolving Commitment Period, subject to the terms and conditions hereof, U.S. Swingline Lender hereby agrees to make U.S. Swingline Loans to the Company in the aggregate amount up to but not exceeding the U.S. Swingline Sublimit; provided, that after giving effect to the making of any U.S. Swingline Loan, in no event shall the Total Utilization of U.S. Revolving Commitments exceed the U.S. Revolving Committed Amount then in effect.

• Within the limits of the U.S. Swingline Sublimit, and subject to the other terms and conditions hereof, the U.S. Borrowers may borrow under this Section 2.01(f), prepay 3616092.7 70 under Section 2.04, and reborrow under this Section 2.01(f).

More Definitions of U.S. Swingline Sublimit

U.S. Swingline Sublimit has the meaning specified in Section 2.5(g).

U.S. Swingline Sublimit means an amount equal to $15,000,000. The U.S. Swingline Sublimit is part of, and not in addition to, the U.S. Revolving Credit Facility.

U.S. Swingline Sublimit means an amount equal to the lesser of (a) $50,000,000 and (b) the U.S. Revolving Committed Amount. The U.S. Swingline Sublimit is part of, an not in addition to, the U.S. Revolving Committed Amount.

U.S. Swingline Sublimit on any date of determination, an amount equal to $20,000,000.

U.S. Swingline Sublimit an amount equal to, the lesser of (i) $13.5 million and (ii) the US Line Cap at such time.

U.S. Swingline Sublimit means an amount equal to the lesser of (a) $75,000,000 and (b) the U.S. Revolving Committed Amount. The U.S. Swingline Sublimit is part of, and not in addition to, the U.S. Revolving Committed Amount.

U.S. Swingline Sublimit has the meaning specified in Section 2.3(a). “U.S. Tax Compliance Certificate” has the meaning specified in Section 5.1(f)(ii). “Value” means, with reference to the value of Eligible Merchandise and Consumables Inventory, value determined on the basis of the lower of cost or market value of such Eligible Merchandise and Consumables Inventory, with the cost thereof calculated on a first-in, first-out basis, determined in accordance with GAAP. “VAT” means (a) any Tax imposed in compliance with the Council Directive of 28 November 2006 on the common system of value added tax (EC Directive 2006/112) and (b) any other Tax of a similar nature, whether imposed in a member state of the European Union in substitution for, or levied in addition to, such Tax referred to in clause (a) of this definition, or imposed elsewhere. “VAT Recipient” has the meaning specified in Section 5.1(i). “VAT Subject Party” has the meaning specified in Section 5.1(i). “VAT Supplier” has the meaning specified in Section 5.1(i). “Vendor Lease” means a lease pursuant to which any Person leases Inventory or Rental Equipment from a Vendor Lessor, whether or not such lease constitutes an operating lease or a Capital Lease under GAAP and whether or not such lease constitutes a true lease or a secured transaction under the Code or other applicable law. “Vendor Lessor” means any Person who leases Inventory or Rental Equipment to Holdings, a Borrower or a Guarantor pursuant to a Vendor Lease. “Voting Stock” means any class or classes of Capital Stock pursuant to which the holders thereof have the general voting power under ordinary circumstances to elect a majority of the board of directors, managers or trustees of any Person (irrespective of whether or not, at the time, stock of any other class or classes shall have, or might have, voting power by reason of the happening of any contingency). “Waterfall Priority Hedge Agreement” means a Hedge Agreement constituting a Bank Product entered into with an Obligor for which the Agent has received a Waterfall Priority Hedge Agreement Reserve Notice that remains in effect; provided that such Hedge Agreement shall constitute a Waterfall Priority Hedge Agreement only to the extent of the Waterfall Priority Hedge Agreement Reserve therefor. “Waterfall Priority Hedge Agreement Reserve” means, with respect to a Waterfall Priority Hedge Agreement, a reserve in an amount equal to the maximum Designated Bank Products Obligations in respect thereof set forth in t...