Common use of Making of Swing Loans Clause in Contracts

Making of Swing Loans. In the case of a request for an Advance and so long as either (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections or payments applied to Swing Loans since the last Settlement Date, plus the amount of the requested Advance does not exceed $7,500,000, or (ii) Swing Lender, in its sole discretion, shall agree to make

Appears in 1 contract

Sources: Credit Agreement (Utstarcom Inc)

Making of Swing Loans. In the case of a request for an Advance of a Swing Loan and so long as either (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections or payments applied to Swing Loans since the last Settlement Date, plus the amount of the requested Advance does not exceed $7,500,00030,000,000, or (ii) Swing Lender, in its sole discretion, shall agree to makeor

Appears in 1 contract

Sources: Credit Agreement (Delek US Holdings, Inc.)

Making of Swing Loans. In the case of a request for an Advance and so long as either (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections or payments applied to Swing Loans since the last Settlement Date, Date plus the amount of the requested Advance does not exceed $7,500,0002,500,000, or (ii) Swing Lender, in its sole discretion, shall agree to make

Appears in 1 contract

Sources: Credit Agreement (Bookham, Inc.)

Making of Swing Loans. In the case of a request for an Advance and so long as either (i) the aggregate amount of Swing Loans made since the last Settlement Date, minus the amount of Collections or payments applied to Swing Loans since the last Settlement Date, Date plus the amount of the requested Advance does not exceed $7,500,0005,000,000, or (ii) Swing Lender, in its sole discretion, shall agree to makemake a Swing Loan notwithstanding the foregoing limitation, Swing Lender, as a Lender, shall make an Advance in the amount of such Borrowing (any such Advance made solely by Swing Lender as a Lender pursuant to this

Appears in 1 contract

Sources: Credit Agreement (Trizetto Group Inc)