U.S. Swingline Note definition
Examples of U.S. Swingline Note in a sentence
Upon the request of any Lender made through the Administrative Agent, the applicable Borrower shall execute and deliver to such Lender (through the Administrative Agent) a US Revolving Credit Note, Canadian Revolving Credit Note, a US Term Loan Note, a Canadian Term Loan Note, US Swingline Note and/or Canadian Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans, Term Loans and/or Swingline Loans, as applicable, in addition to such accounts or records.
Upon the request of any Lender made through the Administrative Agent, the applicable Borrower shall execute and deliver to such Lender (through the Administrative Agent) a US Revolving Credit Note, Canadian Revolving Credit Note, Term Loan Note, US Swingline Note and/or Canadian Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans, Term Loans and/or Swingline Loans, as applicable, in addition to such accounts or records.
All US Swingline Loans shall mature on the last Business Day of the month in which such US Swingline Loans are borrowed; provided, however, in the event such US Swingline Loans are borrowed on the last Business Day of any month, such US Swingline Loans shall mature on the first Business Day of the next succeeding month; provided, further, that the principal amount of the US Swingline Note and all outstanding US Swingline Loans shall be payable on or before the Maturity Date.
A duly completed and executed US Swingline Note dated as of the Closing Date and payable to the order of the US Swingline Lender.
The US Borrowers' obligations to pay the principal of, and interest on, the US Swingline Loans made by the US Swingline Lender shall be further evidenced by the US Borrowers issuance, execution and delivery of a US Swingline Note payable to the order of the US Swingline Lender in the amount of the US Swingline Commitment and shall be dated as of the date of issuance of such US Swingline Note.