Swing Line Loan Commitment Sample Clauses

Swing Line Loan Commitment. From time to time on any Business Day occurring prior to the Revolving Loan Commitment Termination Date, the Swing Line Lender agrees to make loans (relative to such Lender, its “Swing Line Loans”) to the Borrowers equal to the aggregate amount of the Borrowing of the Swing Line Loans requested by either Borrowers to be made on such day. The commitment of the Swing Line Lender described in this Section is herein referred to as its “Swing Line Loan Commitment”. On the terms and subject to the conditions hereof, the Borrowers may from time to time borrow, prepay and reborrow Swing Line Loans.
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Swing Line Loan Commitment. Subject to the terms and conditions set forth herein, NationsBank agrees to make revolving loans to the U.S. Borrower in U.S. dollars from time to time from the Effective Date to the Revolving Loans Maturity Date (each such loan, a "Swing Line Loan" and collectively, the "Swing Line Loans"); provided that (i) the aggregate amount of the Swing Line Loans outstanding at any one time shall not exceed the Swing Line Loan Commitment, (ii) the sum of the aggregate amount of Swing Line Loans outstanding plus the amount of U.S. Revolving Loans outstanding plus the U.S. LOC Obligations outstanding at any one time may not exceed the U.S. Revolving Loan Commitment and (iii) the aggregate amount of Swing Line Loans outstanding plus U.S. Revolving Loans outstanding plus Canadian Revolving Loans outstanding plus LOC Obligations outstanding plus BA Revolving Obligations may not exceed $225,000,000 (U.S.). The Swing Line Loan Commitment may be reduced or terminated by NationsBank, in its sole discretion, upon two Business Days' notice to the U.S. Borrower. Prior to the Revolving Loans Maturity Date, Swing Line Loans may be repaid and reborrowed by the U.S. Borrower in accordance with the provisions hereof. Upon the request of any U.S. Lender, NationsBank shall provide such U.S. Lender a schedule of Swing Line Loans then outstanding.
Swing Line Loan Commitment. Subject to the terms and conditions of this Loan Agreement and in reliance upon the representations and warranties of the Borrower set forth herein, PNC hereby agrees, subject to the limitations set forth below with respect to the maximum amount of Swing Line Loans per- mitted to be outstanding from time to time, to make a portion of its Revolving Loan Commitment and a portion of its Line of Credit Commitment available to the Borrower from time to time during the period up to but not including the Revolving Loan Commitment Termi- nation Date and the Line of Credit Commitment Termination Date, respectively, in an aggregate principal amount of up to Five Million Dollars ($5,000,000.00), by making Swing Line Loans to the Borrower, notwithstanding the fact that such Swing Line Loans, when aggregated with PNC's outstanding Revolving Loans and Line of Credit Advances, may exceed PNC's Revolving Loan Commitment or its Line of Credit Commitment. PNC's commitment to make Swing Line Loans to the Borrower pursuant to this Section 2.11 is herein called its "Swing Line Loan Commitment." In no event shall (a) the aggregate principal amount of Swing Line Loans outstanding at any time exceed the Swing Line Loan Commitment, or (b) the aggregate principal amount of Revolving Loans, Line of Credit Advances and Swing Line Loans outstanding at any time exceed the sum of the aggregate Revolving Loan Commitments reduced by the aggregate Letter of Credit Usage at such time plus the aggregate Line of Credit Commitments. Any reduction of the Revolving Loan Commitments or the Line of Credit Commitments made pursuant to Section 2.4 hereof which reduces the Revolving Loan Commitments and the Line of Credit Commitments below the then current amount of the Swing Line Loan Commitment shall result in an automatic corresponding reduction of the Swing Line Loan Commitment to the amount of the Revolving Loan Commitments and Line of Credit Commitments, as so reduced, without any further action on the part of PNC. PNC's Swing Line Loan Commitment shall constitute a 364-day facility and shall be renewable from time to time at the sole option of PNC upon not less than thirty (30) days' prior written notice to the Borrower; Provided, that all outstanding Swing Line Loans on the date of cancellation of the Swing Line Loan Commitment, if such date is earlier than the Revolving Loan Commitment Termination Date or the Line of Credit Commitment Termination Date shall be paid in full to PNC with Revolv...
Swing Line Loan Commitment. From time to time on any Business Day occurring prior to the Maturity Date, in reliance upon the agreements of the other Lenders set forth in Section 2.8, the Swing Line Lender shall make loans (relative to such Lender, its “Swing Line Loans”) to the Borrower equal to the aggregate amount of the Borrowing of the Swing Line Loans requested by the Borrower to be made on such day not to exceed at any time the Swing Line Loan Commitment Amount. The (a) commitment of the Swing Line Lender to make the Swing Line Loans and the making of such Swing Line Loans, and (b) deemed irrevocable and unconditional purchase of a participation interest set out in Section 2.8 of the other Lenders is herein referred to as the “Swing Line Loan Commitment”. On the terms and subject to the conditions hereof, the Borrower may from time to time borrow, prepay and re-borrow Swing Line Loans.
Swing Line Loan Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, Swing Line Lender hereby agrees to make Swing Line Loans to Company in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided, that after giving effect to the making of any Swing Line Loan, in no event shall the Total Utilization of Revolving Commitments exceed the Revolving Commitments then in effect. Amounts borrowed pursuant to this Section 2.3 may be repaid and reborrowed during the Revolving Commitment Period. Swing Line Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full no later than such date.
Swing Line Loan Commitment. Subject to the terms and conditions set forth herein, the Agent agrees to make revolving loans to the Borrower in Dollars from time to time from the date hereof to the Termination Date (each such loan, a "Swing Line Loan" and collectively, the "Swing Line Loans"); provided that (i) the aggregate amount of the Swing Line Loans outstanding at any one time shall not exceed the Swing Line Loan Commitment and (ii) the Aggregate Outstandings at any one time may not exceed the lesser of (a) the Total Commitments and (B) the Borrowing Base in effect on such date. The Swing Line Loan Commitment may be reduced or terminated by the Agent, in its sole discretion, upon three Business Days' notice to the Borrower. Prior to the Termination Date, Swing Line Loans may be repaid and reborrowed by the Borrower in accordance with the provisions hereof. Upon the request of any Bank, the Agent shall provide such Bank a schedule of Swing Line Loans then outstanding.
Swing Line Loan Commitment. From time to time on any Business Day occurring from and after the Effective Date but prior to the Commitment Termination Date, the Swing Line Lender will make loans (each a "Swing Line Loan") to the Borrower equal to the principal amount of the Swing Line Loan requested by the Borrower to be made on such day. The Commitment of the Swing Line Lender described in this Section is herein referred to as its "Swing Line Loan Commitment". On the terms and subject to the conditions hereof, the Borrower may from time to time borrow, prepay and reborrow Swing Line Loans.
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Swing Line Loan Commitment. During the Revolving Commitment Period, subject to the terms and conditions hereof, Swing Line Lender hereby agrees to make
Swing Line Loan Commitment. From time to time until the Termination Date, the Swing Line Bank will make Swing Line Loans in the aggregate amount up to but not exceeding the Swing Line Sublimit; provided, that after giving effect to the making of any Swing Line Loan (and after giving effect to the application of the proceeds thereof), in no event shall the Revolving Outstandings exceed the Revolving Loan Commitments.
Swing Line Loan Commitment. Prior to the Revolving Maturity Date, subject to the terms and conditions hereof, the Swing Line Lender shall make Swing Line Loans to the Borrower in an aggregate principal amount at any time outstanding not to exceed the Swing Line Sublimit; provided that, immediately after giving effect to the making of any Swing Line Loan, in no event shall (i) the aggregate Revolving Exposure exceed the aggregate Revolving Commitments then in effect or (ii) the Revolving Exposure of the Swing Line Lender exceed the Swing Line Lender’s Revolving Commitment then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, repay or prepay and reborrow Swing Line Loans. The Swing Line Lender’s Revolving Commitment shall expire on the Revolving Maturity Date and all Swing Line Loans and all other amounts owed hereunder with respect to the Swing Line Loans and the Revolving Commitments shall be paid in full in cash no later than such date.
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