Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder. Swing Line Loan has the meaning specified in Section 2.04(a). Refunded Swingline Loans as defined in Section 2.7(b). Special Notice Currency means at any time an Alternative Currency, other than the currency of a country that is a member of the Organization for Economic Cooperation and Development at such time located in North America or Europe. Revolving Loan Borrowing means a borrowing of a Revolving Loan. 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.Ĭanadian Facility means the revolving credit facility described in Section 2.1(b). Swing Line Loan Commitment Amount means, on any date, $5,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.Ĭanadian Revolving Loans as defined in Section 3.1(b).Īlternative Currency Daily Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Daily Rate.” All Alternative Currency Daily Rate Loans must be denominated in an Alternative Currency. Swingline The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling. Refunded Swing Line Loans has the meaning assigned to that term in subsection 2.1A(iii). Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 hereof. Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a). 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 this Agreement. 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 Loans means collectively and Swing Loan shall mean separately all Swing Loans or any Swing Loan made by PNC Bank to the Borrower pursuant to Section 2.1.2 hereof. Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement. Swingline Loans means the swingline loans made to the Borrower pursuant to Section 2.04. Swing Line Loans means the Loans made by Swing Line Lender to Company pursuant to subsection 2.1A(iii). Swing Loan Lender shall mean PNC, in its capacity as a lender of Swing Loans. Swing Loan Commitment means PNC’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $25,000,000. 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 Loan Lender means PNC, in its capacity as lender of the Swing Loans.
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