USD Swingline Loan definition

USD Swingline Loan has the meaning provided in Section 2.01(a)(iii).
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USD Swingline Loan means any loan or loans made by ABN AMRO pursuant to Section 1.01(b).
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USD Swingline Loan means any loan or loans made by Bank of America pursuant to Section 1.01(b).
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Examples of USD Swingline Loan in a sentence

  • Stable shareholdings between firms, which were widely viewed as the most significant barrier to hostile takeovers in Japan, had substantially declined to levels that many claimed made them increasingly irrelevant.

  • If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Loan included in the relevant Borrowing or funded participation in the relevant USD Swingline Loan, as the case may be.

  • The purchase of participating interests in an USD Swingline Loan pursuant to this paragraph shall not relieve the Company of any default in the payment thereof.

  • Promptly upon receipt of such notice, the Administrative Agent will give notice thereof to each applicable USDBank, specifying in such notice such USD Bank’s share of such USD Swingline Loan.

  • These shop drawings and other submittals shall be in accordance with the requirements of the Contract Documents and shall be carefully checked in every respect and signed by the Contractor before submitting same to the Project Consultant.

  • At any time after any Lender has purchased and funded a risk participation in a USD Swingline Loan, if the applicable USD Swingline Lender receives any payment on account of such USD Swingline Loan, such USD Swingline Lender will distribute to such Lender its pro rata share of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s risk participation was funded) in the same funds as those received by such USD Swingline Lender.

  • Immediately upon the making of a USD Swingline Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the applicable USD Swingline Lender a participation interest in such USD Swingline Loan in an amount equal to the product of such Lender’s Revolving Commitment Percentage thereof.

  • For the avoidance of doubt, (i) no MC Bank shall have any obligation to become an USD Swingline Bank and make USD Swingline Loans, (ii) any determination by an USD Swingline Bank to make a specificUSD Swingline Loan shall not obligate the same USD Swingline Bank to make any other USD Swingline Loan and (iii) theCompany’s ability to request such USD Swingline Loans shall cease at 5:01 p.m. (New York City time) on the Revolving Credit Termination Date.

  • The Administrative Agent shall notify the Company of any participating interest in any USD Swingline Loan acquired pursuant to this Section.

  • For the avoidance of doubt, (x) a Clearing Fund Pool Loan and a Company Pool Loan can be a USD Revolving Loan or a USD Swingline Loan, subject to the terms and conditions set forth in the Loan Documents and (y) the provision of USD Swingline Loans by any USD Swingline Bank shall be in addition to, and shall not relieve such USD Bank from its obligation to make USD Revolving Loans ratably in proportion to the amount of, its USDCommitment.


More Definitions of USD Swingline Loan

USD Swingline Loan has the meaning provided in Section 2.01(a)(iii). “USD Swingline Sublimit” has the meaning provided in Section 2.01(a)(iii). The USD Swingline Sublimit is a part of, and not in addition to, the Aggregate USD Revolving Commitments. “U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Internal Revenue Code. “U.S. Tax Compliance Certificate” has the meaning specified in Section 3.01(e)(ii)(B)(3). “Wholly Owned Subsidiary” means, with respect to any direct or indirect Subsidiary of any Person, that 100% of the Capital Stock with ordinary voting power issued by such Subsidiary (other than directors’ qualifying shares and investments by foreign nationals mandated by applicable Law) is beneficially owned, directly or indirectly, by such Person. NYDOCS02/1161559.5 41
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Related to USD 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.

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

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

  • Swingline Loans as defined in Section 2.6.

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

  • 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.

  • Swingline Loan Notice means a notice of a Swingline Borrowing pursuant to Section 2.04(b), which shall be substantially in the form of Exhibit J or such other form as approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

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

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

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

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

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

  • Swing Line Loans as defined in Section 2.6.

  • Swingline The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.

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

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

  • Refunded Swing Line Loan has the meaning ascribed to it in Section 1.1(c)(iii).

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

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

  • 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.

  • Swing Loan Lender means PNC, in its capacity as lender of the Swing Loans.

  • Revolving Credit Loans as defined in Section 2.1.