Swing Loans. No later than β (local time at the Payment Office) on the date specified in each Notice of Borrowing, the Swing Line Lender will make available to the Borrower by depositing to its account at the Payment Office (or such other account as the Borrower shall specify) the aggregate of Swing Loans requested in such Notice of Borrowing.
Swing Loans. NoTo request a Swingline Loan, the Borrower shall notify the Administrative Agent of such request by telephone (confirmed by facsimile), not later than β (local time at the Payment Office), Local Time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date specified in(which shall be a Business Day) and amount of the requested Swingline Loan. The Administrative Agent will promptly advise the Swingline Lender of any such notice received from the Borrower. The Swingline Lender shall make each Notice of Borrowing, the Swing Line Lender will makeSwingline Loan it has agreed to extend available to the Borrower by depositingmeans of a credit to itsthe general deposit account at the Payment Office (or such other account asof the Borrower shall specify)with the aggregateSwingline Lender by β, Local Time, on the requested date of Swing Loans requested in such Notice of Borrowing.Swingline Loan.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, itβs a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.