Common use of Swing Loan Commitment Clause in Contracts

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANS") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $20,000,000.00 (the "SWING LOAN COMMITMENT"), provided that the aggregate principal amount of PNC Bank's Swing Loans and the Revolving Credit Loans of all the Lenders at any one time outstanding shall not exceed the Revolving Credit Commitments of all the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANSSwing Loans") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $20,000,000.00 15,000,000 (the "SWING LOAN COMMITMENTSwing Loan Commitment"), provided that the aggregate principal amount of PNC Bank's Swing Loans and Loans, the Revolving Credit Loans and Letters of Credit Outstanding of all the Lenders at any one time outstanding shall not exceed the Revolving Credit Commitments of all the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANSSwing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $20,000,000.00 5,000,000 (the "SWING LOAN COMMITMENTSwing Loan Commitment"), provided that the aggregate principal amount of PNC Bank's Swing Loans and the Revolving Credit Loans of all the Lenders at any one time outstanding shall not exceed the Revolving Credit Commitments of all the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank maymay make, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANS") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Revolving Credit Expiration Date, Date in an aggregate principal amount up to but not in excess of $20,000,000.00 20,000,000 (the "SWING LOAN COMMITMENT"), provided PROVIDED that the aggregate principal amount of PNC BankPNC's Swing Loans and the Revolving Credit Loans of all the Lenders Banks at any one time outstanding shall not exceed the Revolving Credit Commitments of all the LendersBanks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.22.1(b).

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANS") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $20,000,000.00 (the "SWING LOAN COMMITMENT"), provided that the aggregate principal amount of PNC Bank's Swing Loans and the Revolving Credit Loans of all the Lenders Banks at any one time outstanding shall not exceed the Revolving Credit Commitments of all the LendersBanks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANS"“Swing Loans”) to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate outstanding principal amount up to but not in excess of $20,000,000.00 10,000,000 (the "SWING LOAN COMMITMENT"“Swing Loan Commitment”), provided that the aggregate principal amount of PNC Bank's ’s Swing Loans and the Revolving Credit Loans of all the Lenders Banks and the Letters of Credit Outstanding at any one time outstanding shall not exceed the lesser of the aggregate Revolving Credit Commitments of for all Banks or the LendersBorrowing Base. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANS"“Swing Loans”) to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $20,000,000.00 30,000,000.00 (the "SWING LOAN COMMITMENT"“Swing Loan Commitment”), provided that the aggregate principal amount of PNC Bank's PNC’s Swing Loans and the Revolving Credit Loans of all the Lenders at any one time outstanding shall not exceed the Revolving Credit Commitments of all the Lenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANSSwing Loans") to the Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of One Million Five Hundred Thousand Dollars ($20,000,000.00 1,500,000) (the "SWING LOAN COMMITMENTSwing Loan Commitment"), provided that the aggregate principal amount of PNC Bank's Swing Loans and the Revolving Credit Loans of all the Lenders Banks at any one time outstanding shall not exceed the Revolving Credit Commitments of all the LendersBanks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.22.11.

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank maymay make, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANSSwing Loans") to the Co-Borrowers at any time or from time to time after the date hereof to, but not including, the Revolving Credit Expiration Date, Date in an aggregate principal amount up to but not in excess of $20,000,000.00 5,000,000 (the "SWING LOAN COMMITMENTSwing Loan Commitment"), provided that the aggregate principal amount of PNC BankPNC's Swing Loans and the Revolving Credit Loans of all the Lenders Banks at any one time outstanding shall not exceed the Revolving Credit Commitments of all the LendersBanks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Co-Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.22.1(b).

Swing Loan Commitment. Subject to the terms and conditions --------------------- hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank maymay make, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANSSwing Loans") to the Borrowers Borrower at any time or from time to time after ----------- the date hereof to, but not including, the Revolving Credit Expiration Date, Date in an aggregate principal amount up to but not in excess of $20,000,000.00 20,000,000 (the "SWING LOAN COMMITMENTSwing Loan Commitment"), --------------------- provided that the aggregate principal amount of PNC BankPNC's Swing Loans and the -------- Revolving Credit Loans of all the Lenders Banks at any one time outstanding shall not exceed the Revolving Credit Commitments of all the LendersBanks. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.22.1(b).

Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the "SWING LOANSSwing Loans") to the Borrowers Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate outstanding principal amount up to but not in excess of $20,000,000.00 10,000,000 (the "SWING LOAN COMMITMENTSwing Loan Commitment"), provided that the aggregate principal amount of PNC Bank's Swing Loans and the Revolving Credit Loans of all the Lenders Banks and the Letter of Credit Obligations at any one time outstanding shall not exceed the lesser of the aggregate Revolving Credit Commitments of for all Banks or the LendersBorrowing Base. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrowers Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.