Syndication means an extension of credit in which two or more persons fund and each person is at risk only up to a specified percentage of the total extension of credit or up to a specified dollar amount.
Syndication shall have the meaning set forth in Section 9.5 hereof.
Syndication means an extension of credit in which 2 or more persons finance the credit and each person is at risk only up to a specified percentage of the total extension of the credit or up to a specified dollar amount.
Examples of Syndication in a sentence
Please confirm that the foregoing is in accordance with your understanding by signing and returning to us the enclosed copy of this Syndication Strategy Letter to the address, or email address set out in the Commitment Letter before the deadline set out in such Commitment Letter, whereupon it will become a binding agreement upon our receipt.
Anything herein to the contrary notwithstanding, none of the Joint Book Runners, Joint Lead Arrangers, Syndication Agent, Documentation Agents (if any) or other agents listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent or a Lender hereunder.
More Definitions of Syndication
Syndication means the primary syndication of the Facility.
Syndication shall have the meaning set forth in Section 11.8(a)(i) hereof.
Syndication has the meaning specified in Section 13.02(a).
Syndication means the syndication of the Facilities.
Syndication shall have the meaning assigned to such term in Section 14.26.
Syndication means an arrangement which, in respect of a debt of a borrower, provides for multiple (or a group of) lenders (syndicate lenders), and which ordinarily provides for each such syndicate lender to incur only such obligations as relate to that portion of that debt which is owed by that borrower to that syndicate lender;
Syndication means any syndication, sale, assignment, transfer, pledge, participation, hypothecation or other disposition by a Holder of all or a portion of a Note.