Domestic Swing Line Commitment definition

Domestic Swing Line Commitment means $35,000,000, as such amount may be reduced pursuant to Section 5.7 hereof.

Domestic Swing Line Commitment means the commitment of the Domestic Swing Line Lender to make Domestic Swing Loans to US Borrower up to the aggregate amount at any time outstanding of Five Million Dollars ($5,000,000).

Domestic Swing Line Commitment means, with respect to the Domestic Swing Line Lender, the commitment of such Lender to make Domestic Swing Line Loans hereunder, and with respect to each Revolving Lender, the commitment of such Lender to participate in Domestic Swing Line Loans hereunder.

Examples of Domestic Swing Line Commitment in a sentence

• The Domestic Swing Line Commitment shall be available to each and any Borrower and may be availed of by each Borrower from time to time and Borrowings thereunder may be repaid and used again during the period ending on the Revolving Credit Termination Date.

• The Domestic Swing Line Commitment is part of, and not in addition to, the Total Domestic Commitment.

• Upon receipt of any such notice of resignation, Company shall have the right to appoint as a successor Swing Line Lender any Lender that agrees, in its sole discretion, to accept the Domestic Swing Line Commitment or Canadian Swing Line Commitment, as the case may be, of the resigning Swing Line Lender.

• Schedule 2.04 shall be deemed to be automatically updated to reflect the Domestic Swing Line Commitment of any Person that becomes a Domestic Swing Line Lender after the Closing Date pursuant to this Section 2.04(g)(i).

• Unless the assignment shall be to an affiliate of the assignor or the assignment shall be due to merger of the assignor or for regulatory purposes, either the assignor or the assignee shall remit to Agent, for its own account, an administrative fee of Three Thousand Five Hundred Dollars ($3,500); provided that if the Domestic Swing Line Commitment, Domestic Swing Loans and Domestic Swing Line Note are assigned by Regions to KeyBank, no such administrative fee shall be required to be remitted to Agent.

More Definitions of Domestic Swing Line Commitment

Domestic Swing Line Commitment means, as to any Domestic Swing Line Lender, the amount set forth opposite such Domestic Swing Line Lender’s name on Schedule 2.04 (as such Schedule may be updated from time to time pursuant to this Agreement). The Domestic Swing Line Commitment of any Domestic Swing Line Lender may be modified from time to time by agreement among the Company, the Administrative Agent, and such Domestic Swing Line Lender. Schedule 2.04 shall be deemed to be automatically updated to reflect any modification to any Domestic Swing Line Lender’s Domestic Swing Line Commitment effected pursuant to the immediately preceding sentence.

Domestic Swing Line Commitment of the Domestic Swing Line Lender at any date shall mean the obligation of the Domestic Swing Line Lender to make Domestic Swing Line Loans pursuant to subsection 5.1 in the amount referred to therein.

Domestic Swing Line Commitment. With respect to each Domestic Swing Line Lender, the amount set forth on Schedule 1 hereto, as the amount of such Domestic Swing Line Lender’s commitment to make Domestic Swing Line Loans to Ryder, as the same may be reduced from time to time; or if such commitment is terminated pursuant to the provisions hereof, zero. On the Closing Date, (a) the Domestic Swing Line Commitment of Bank of America is $25,000,000 and (b) the Domestic Swing Line Commitment of MUFG is $25,000,000. The Domestic Swing Line Commitment is part of, and not in addition to, the Total Domestic Commitment.

Domestic Swing Line Commitment means, as to any Domestic Swing Line Lender, the amount set forth opposite such Domestic Swing Line Lender’s name on Schedule 2.04 (as such Schedule may be updated from time to time pursuant to this Agreement). The Domestic Swing Line Commitment of any Domestic Swing Line Lender may be modified from time to time by agreement among Ryder, the Administrative Agent, and such Domestic Swing Line Lender. Schedule 2.04 shall be deemed to be automatically updated to reflect any modification to any Domestic Swing Line Lender’s Domestic Swing Line Commitment effected pursuant to the immediately preceding sentence.

Domestic Swing Line Commitment means the commitment of the Domestic Swing Line Lender to make Domestic Swing Line Loans in an aggregate principal amount at any time outstanding not to exceed $5,000,000.

Domestic Swing Line Commitment means as to any Lender (a) the amount set forth opposite such Lender’s name on Schedule 2.04(a) hereof or (b) if such Lender has entered into an Assignment and Assumption or has otherwise assumed a Domestic Swing Line Commitment after the Closing Date, the amount set forth for such Lender as its Domestic Swing Line Commitment in the Register maintained by the Administrative Agents pursuant to Section 11.06(c). 

Domestic Swing Line Commitment means as to any Lender (a) the amount set forth opposite such Lender’s name on Schedule 2.04(a) hereof or (b) if such Lender has entered into an Assignment and Assumption or has otherwise assumed a Domestic Swing Line Commitment after the Closing Date, the amount set forth for such Lender as its Domestic Swing Line Commitment in the Register maintained by the Administrative Agents pursuant to Section 11.06(c).