Swing Loan Lenders definition

Swing Loan Lenders. KeyBank and Citibank, each in its capacity as a Swing Loan Lender, and any successors thereto in such capacity.
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Swing Loan Lenders means each of The Bank of New York and Fleet National Bank, individually and collectively.
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Swing Loan Lenders means the Alternative Currency Swing Loan Lender, in its capacity as a Lender of Alternative Currency Swing Loans, and the U.S. Dollar Swing Loan Lender, in its capacity as a lender of U.S. Dollar Swing Loans.
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Examples of Swing Loan Lenders in a sentence

  • Swing Loan Lender's agreement to make Swing Loans under this Agreement is cancelable at any time for any reason whatsoever and the making of Swing Loans by Swing Loan Lender from time to time shall not create any duty or obligation, or establish any course of conduct, pursuant to which Swing Loan Lender shall thereafter be obligated to make Swing Loans in the future.

  • There shall be no amendment, modification or waiver of any provision in the Loan Documents with respect to Swing Loans without the consent of the Swing Loan Lenders, nor any amendment, modification or waiver of any provision in the Loan Documents with respect to Letters of Credit without the consent of the Issuing Lenders.

  • Nothing herein shall obligate any Lender other than the Swing Loan Lenders to make Swing Loans.

  • In order to minimize the transfer of funds between the Lenders and the Administrative Agent, the Borrowers may borrow, repay and reborrow Swing Loans and the Swing Loan Lenders may make Swing Loans as provided in Section 2.1.2 [Swing Loan Commitments] hereof during the period between Settlement Dates.

  • Not later than 2:00 P.M. (New York City time) on the date of each Swing Loan Borrowing, the Swing Loan Lender shall, unless it determines that any applicable condition specified in Article 3 has not been satisfied, make available the amount of such Swing Loan Borrowing, in Federal or other funds immediately available in New York City, to the Borrower at the Swing Loan Lender's address specified in or pursuant to Section 9.01.

  • All references herein to the “Revolver Borrowers” and the “Swing Loan Lender” shall be deemed to apply to the Revolver Borrowers and the Swing Loan Lenders, respectively, and their respective successors and assigns as permitted under the Credit Agreement.

  • Notwithstanding any contrary provision of this Article III, no Borrower shall be required to make any ----------- payments to any Lender, Swing Loan Lender or Issuing Lender pursuant to Sections -------- 3.2 or 3.3 with respect to periods of time more than 60 days prior to date upon --- --- which such Lender's, Swing Loan Lender's or Issuing Lender's written statement in accordance with the terms of this Section 3.7 is first delivered to the ----------- applicable Borrower.

  • Unless otherwise specifically set forth herein, Swing Loans shall constitute the use of the Swing Loan Lender's Revolving Credit Commitment.

  • Notwithstanding the use of the defined term "Agent," and "Collateral Agent" it is expressly understood and agreed that neither of the Agents shall have any fiduciary responsibilities to any Lender, Swing Loan Lender, Issuing Lender or any ESOP Lender by reason of this Agreement and that the Agents are merely acting as the representative of the Lenders, Swing Loan Lenders, Issuing Lenders and ESOP Lenders with only those duties as are expressly set forth in this Agreement and the other Loan Documents.

  • This Agreement shall be effective when it has been executed by the Company, the Agent, the Lenders, the Swing Loan Lenders and the Issuing Lenders and each party has notified the Agent by telex or telephone, that it has taken such action.

Related to Swing Loan Lenders

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

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

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • 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 Exposure means, as of any date of determination with respect to any Lender, such Lender’s Pro Rata Share of the Swing Loans on such date.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Swing Line Lenders means each of the Lenders that has a Swing Line Commitment on Schedule 2.1 hereto, or any successor swing line lender hereunder.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Revolving Credit Loans as defined in Section 2.1.

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

  • Swingline Lenders means JPMorgan Chase Bank, N.A., in its capacity as a lender of Swingline Loans hereunder.

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

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.