Common use of Swing Line Clause in Contracts

Swing Line. Subject to subsection (d) below, each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin for the Revolving Credit Facility.

Appears in 3 contracts

Sources: Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.), Credit Agreement (Rexford Industrial Realty, Inc.)

Swing Line. Subject to subsection (d) below, each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin Rate for the Revolving Credit Facility.

Appears in 1 contract

Sources: Credit Agreement (Highwoods Realty LTD Partnership)