Swing Line Advances definition

Swing Line Advances shall have the meaning set forth in Section 2.3(a).

Swing Line Advances has the meaning given it in Section 2.4.

Swing Line Advances has the meaning specified in subsection 2.03(a).

Examples of Swing Line Advances in a sentence

• Each Borrower with outstanding Swing Line Advances shall make all payments of principal and interest in respect of such Swing Line Advances directly to the Swing Line Lender that made such Advances.

• Each Swing Line Lender shall be responsible for invoicing the applicable Borrower for interest on the Swing Line Advances made to such Borrower.

• For the purpose of calculating the commitment fee, Swing Line Advances shall not be considered to be outstanding Loans.

• No more than five Swing Line Advances may be outstanding hereunder at any time.

• Each Swing Line Bank severally agrees, on the terms and conditions hereinafter set forth, to make Swing Line Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date (i) in an aggregate amount not to exceed at any time outstanding $30,000,000 (the "Swing Line Facility") and (ii) in an amount for each such Advance not to exceed the aggregate Unused Revolving Credit Commitments of the Lenders at such time.

More Definitions of Swing Line Advances

Swing Line Advances mean loans made by a Swing Line Lender to Borrower or the Co-Borrowers pursuant to Section 2.7.

Swing Line Advances means a Prime Rate Advance, a US Base Rate Advance or the issuance of a Letter of Credit (in the latter case, subject to prior notice as required by the Swing Line Lender in accordance with its normal practice) under the Revolving Facility by the Swing Line Lender to the Borrower in an aggregate principal amount outstanding at any time not exceeding the Swing Line Commitment. All Swing Line Advances are available only by way of Prime Rate Advances, US Base Rate Advances or the issuance of Letters of Credit, and may not be converted into any other form of borrowing.

Swing Line Advances means Advances made by the Swing Line Lenders to any of the Borrowers pursuant to Section 2.5.

Swing Line Advances has the meaning specified in Section 2.04(a).

Swing Line Advances means Borrowings initially funded by BofA ------------------- in the manner provided in Section 3.1(h). --------------

Swing Line Advances means Advances made by the Swing Line Lender to any of the Borrowers pursuant to Section 2.5.

Swing Line Advances is defined in SECTION 2.01(B).