Example ContractsClausesInterest on Swingline Loans
Interest on Swingline Loans
Interest on Swingline Loans contract clause examples

Interest on Swingline Loans. Subject to the provisions of Section 2.7, Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

Interest on Swingline Loans. Subject to the provisions of [Section 2.7], Swingline Loans shall bear interest at a per annum rate equal to the LIBOR Reference Rate plus the Applicable Margin for Revolving Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

Interest on Swingline Loans. Until repaid by the applicable Borrower (including any deemed repayment pursuant to [Section 2.6(f)] hereof), each Swingline Loan shall accrue interest at the Reference Rate.

Interest on Swingline Loans. Subject to the provisions of Section 2.7, Swingline Loans shall bear interest at a per annum rate equal to the LIBOR Reference Rate plus the Applicable Margin for Revolving A Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

Interest on Swingline Loans. Subject to the provisions of Section 2.7(c), each Swingline Loan shall bear interest at per annum rate equal to the Base Rate plus the Applicable Percentage. Interest on Swingline Loans shall be payable in arrears on each applicable Interest Payment Date (or at such other times as may be specified herein). The Swingline Lender shall be responsible for invoicing the Borrowers for interest on the Swingline Loans. Until each Revolving Lender funds its Base Rate Loan or risk participation pursuant to this [Section 2.5] to refinance such Lender’s Revolving Commitment Percentage of any Swingline Loan, interest in respect of such Revolving Commitment Percentage shall be solely for the account of the Swingline Lender.

Interest on Swingline Loans. Subject to the provisions of [Section 2.8], Swingline Loans shall bear interest at a per annum rate equal to the Alternate Base Rate plus the Applicable Margin for Revolving Loans that are Alternate Base Rate Loans. Interest on Swingline Loans shall be payable in arrears on each Interest Payment Date.

Swingline Loans. To request a U.S. Swingline Loan, the Lead Borrower shall notify the Administrative Agent of such request by telecopy, not later than 12:00 p.m., New York City time, on the day of a proposed U.S. Swingline Loan. To request a Canadian Swingline Loan,or the Canadian Borrower, as applicable, shall notify the Administrative Agent of such request by telecopyin writing, not later than 12:00 p.m., New York City time, on the day of a proposed Canadian Swingline Loan. Each such notice shall be irrevocable and specify the requested date (which shall be a Business Day) and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the applicable Swingline Lender of any such notice received from the Lead Borrower or the Canadian Borrower, as applicable. The applicable Swingline Lender shall make each Swingline Loan available to the Lead Borrower or the Canadian Borrower, as applicable, by means of a credit to the general deposit account of the Lead Borrower or the Canadian Borrower, as applicable, with the applicable Swingline Lender (or, in the case of a U.S. Swingline Loan made to finance the reimbursement of an U.S. LC Disbursement as provided in [Section 2.13(e)], by remittance to the U.S. Issuing Bank) by 5:00 p.m., New York City time (in the case of U.S. Swingline Loans to the Lead Borrower), 1:00 p.m., New York City time (in the case of Canadian Swingline Loans to the Canadian Borrower denominated in U.S. Dollars) or 2:00 p.m. New York City time (in the case of Canadian Swingline Loans to the Canadian Borrower denominated in Canadian Dollars), on the requested date of such Swingline Loan. Neither the Lead Borrower nor the Canadian Borrower shall request a Swingline Loan if at the time of and immediately after giving effect to such request a Default has occurred and is continuing. Swingline Loans shall be made in minimum amounts of $100,000.

Swingline Loans. Each Borrower shall repay each Swingline Loan on the earlier to occur of # the date ten (10) Business Days after such Loan is made and # the Maturity Date for the Revolving Facility.

Swingline Loans. The Borrower shall repay each Swingline Loan on the earlier to occur of: # the date that is fifteen (15) Business Days after the date on which such Loan is made and # the Maturity Date.

Swingline Loans. The Borrower shall repay each Swingline Loan on the earlier to occur of # the date ten (10) Business Days after such Loan is made and # the Maturity Date for the Revolving Facility.

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