Common use of Settlement Date Procedures Clause in Contracts

Settlement Date Procedures. In order to minimize the transfer of funds between the Lenders and the Administrative Agent, the Borrower may borrow, repay and reborrow Swingline Loans and the Swingline Loan Lender may make Swingline Loans as provided in Section 2.1(b) [Swingline Loan Commitments] hereof during the period between Settlement Dates. The

Appears in 2 contracts

Sources: Revolving Credit Facility Credit Agreement (Appfolio Inc), Revolving Credit Facility Agreement (Logitech International S.A.)

Settlement Date Procedures. In order to minimize the transfer of funds between the Lenders Banks and the Administrative Agent, the Borrower Borrowers may borrow, repay and reborrow Swingline Swing Loans and the Swingline Swing Loan Lender Bank may make Swingline Swing Loans as provided in Section 2.1(b) [Swingline Loan Commitments] hereof during the period between Settlement Dates. The2.

Appears in 1 contract

Sources: Revolving Credit Facility (Big Lots Inc)

Settlement Date Procedures. In order to minimize the transfer of funds between the Lenders and the Administrative Agent, the Lead Borrower may borrow, repay and reborrow Swingline Swing Loans and the Swingline Swing Loan Lender may make Swingline Swing Loans as provided in Section 2.1(b) [Swingline Loan Commitments] hereof during the period between Settlement Dates. The2.

Appears in 1 contract

Sources: Credit Agreement (Designer Brands Inc.)