Successful Syndication definition

Successful Syndication shall have the meaning given to such term in the Fee Letter.

Successful Syndication has the meaning given to it in the Senior Fees Letter.

Successful Syndication means the Lender selling sufficient interests in the Credit Commitment to other lenders to reduce its share to no more than $100,000,000 of the Credit Commitment.

Examples of Successful Syndication in a sentence

• You agree to actively assist, and to cause the Companies to actively assist, the Lead Arrangers in achieving a Successful Syndication (as defined in the Fee Letter) of each such Facility that is satisfactory to the Lead Arrangers and you.

• Syndication Period means the period from the date of this letter to the earlier of (i) the date on which Successful Syndication occurs and (ii) 120 days following the date of the Facilities Agreement.

• Successful Syndication means the aggregate commitments (or, following the Initial Closing Date, term loans thereunder) of the Arrangers in respect of Facility B being reduced to an amount equal to 10% of the total commitments of the Arrangers (and their affiliates (other than Asset Management Affiliates)) in respect of Facility B as of the Initial Closing Date.

• Successful Syndication means each Mandated Lead Arranger reducing its participations in the Facilities to amounts not exceeding their respective minimum hold amounts as specified to the Company.

• Until the earlier of (i) the date that a Successful Syndication (as defined in the Fee Letters) is achieved and (ii) the date that is 90 days following the Bank Closing Date (the earlier of (i) and (ii), the “Syndication Date”), you agree to, and will use commercially reasonable efforts to cause appropriate members of management of the Acquired Company to, assist the Lead Arrangers actively in achieving a syndication of the Facilities that is satisfactory to us and you.

More Definitions of Successful Syndication

Successful Syndication has the meaning given to that term in the Syndication Letter.

Successful Syndication as defined in the Fee Letter.

Successful Syndication shall have the meaning assigned to such term in the Fee Letter.

Successful Syndication means the Underwriters each reduce their participation in the Facility to a final hold of not more than USD 200 million.

Successful Syndication means the date on which the Initial Lenders hold Initial Loan Commitments and Initial Loans in the aggregate of not greater than $0 of the Facility.

Successful Syndication means a Successful Facility B (EUR) Syndication and/or a Successful Facility B (USD) Syndication (as applicable).

Successful Syndication means the successful syndication of the Tranche A-2 Term Loans and the Commitments by the Arranger, as reasonably determined by the Arranger.