Primary Syndication means any assignments by the Administrative Agent in order to effectuate the initial post-closing syndication made on or prior to the earlier of (a) the date that is ninety (90) days after the Closing Date and (b) the completion of all assignments relating to the completion of a successful syndication.
Primary Syndication means the period commencing on or prior to the Closing Date and ending on the earlier of (a) the date that is 90 days following the Closing Date and (b) the date that the Administrative Agent has declared the primary syndication of the Commitments and Credit Extensions to have ended.
Primary Syndication has the meaning ascribed thereto in the Fee Letter.
Examples of Primary Syndication in a sentence
Any assignment of the Term Loans pursuant to the Primary Syndication shall be accompanied by the Closing Fee attributable to the portion of the Term Loan so assigned.
For the avoidance of doubt, any assignment of the Term Loans pursuant to the Primary Syndication shall not be accompanied by the Put Option Premium.
More Definitions of Primary Syndication
Primary Syndication means the period commencing on or prior to the Amendment Effective Date and ending on the earlier of (i) 90 days after the Amendment Effective Date and (ii) the date that the Joint Lead Arrangers have declared the primary syndication of the Credit Extensions to have ended.
Primary Syndication means the initial sell down by the Arrangers of the Facility, such sell down occurring within forty-five (45) days after the date of this Agreement.
Primary Syndication means the initial syndication of the Commitments by the Lenders which are parties to this Agreement on the Effective Date to the "hold" levels reflected in the mandate letters entered into by Bema with such Lenders prior to the Effective Date.
Primary Syndication means a syndication of the Revolver Commitments and Obligations held by BANK OF AMERICA, N.A. to other Lenders after which Bank of America, N.A.’s Revolver Commitment is less than or equal to $45,000,000.
Primary Syndication means a syndication of the Revolver Commitments and Obligations held by WFF to other Lenders after which WFF’s Revolver Commitment is less than or equal to $50,000,000.
Primary Syndication means the syndication by Arranger of at least $25,000,000 of the aggregate Revolving Credit Commitments to two (2) or fewer financial institutions identified by Arranger and Borrower prior to the Closing Date.
Primary Syndication. The initial placement by Bank of America of participations in the Facilities, such placement occurring prior to the expiration of 60 Business Days after the Restatement Effective Date. “Protesting Lender”. See §6.23(b).