Swing Bank definition

Swing Bank means SunTrust Bank, or any other Lender who shall agree with the Administrative Agent to act as Swing Bank.

Swing Bank means SunTrust, or any other Lender who shall agree with the Administrative Agent to act as Swing Bank.

Swing Bank means, at any time, Scotiabank or such other Lender which becomes the replacement Swing Bank at such time.

Examples of Swing Bank in a sentence

• Until each Bank funds its Alternate Base Rate Loan or risk participation pursuant to this Section 2.4 to refinance such Bank’s Commitment Percentage of any Swing Loan, interest in respect of such Commitment Percentage shall be solely for the account of the applicable Swing Bank.

• Each Borrower shall make all payments of principal and interest in respect of each Swing Loan directly to the Swing Bank that funded such Swing Loan.

• Each Swing Bank shall be responsible for invoicing the applicable Borrower for interest on the Swing Loans made by it.

• Each Swing Bank shall promptly notify the Administrative Agent of any prepayments by the Borrower of interest on the Swing Loans made by such Swing Bank.

• Promptly after receipt by the applicable Swing Bank of any telephonic Swing Loan Request, such Swing Bank (if other than the Administrative Agent) will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Loan Request and, if not, such Swing Bank will notify the Administrative Agent (by telephone or in writing) of the contents thereof.

More Definitions of Swing Bank

Swing Bank means Citicorp or such other Lender who shall also be the Agent or who shall agree with the Agent to act as Swing Bank.

Swing Bank means AloStar Bank of Commerce, or any other Lender who shall agree with the Agents to act as Swing Bank.

Swing Bank means Wachovia Bank, National Association, or any other Lender who shall agree with the Administrative Agent and the Borrower to act as Swing Bank.

Swing Bank means Wachovia, as lender under the Swing Credit ---------- Agreement, or Wachovia or any other institutional lender under any other Swing Credit Agreement.

Swing Bank. Bank of America, Citibank, N.A., HSBC Bank USA, National Association, JPMorgan Chase Bank, N.A., State Street Bank and Trust Company, Brown Brothers Xxxxxxxx & Co., Credit Agricole Corporate and Investment Bank, Xxxxxxx Xxxxx Bank USA and MUFG Bank, Ltd., acting as swing loan lenders, and their respective successors.

Swing Bank means BMOCMF in its capacity as provider of Swing Loans, or any successor Swing Bank hereunder. “Swing Line” means the credit facility for making one or more Swing Loans described in Section 1.20 hereof. “Swing Line Sublimit” means $25,000,000, as reduced pursuant to the terms hereof.

Swing Bank means Mellon in its capacity as lender of Swing ---------- Loans.