Syndication Date Sample Clauses

Syndication Date. If upon the expiration of any Interest Period applicable to a Borrowing of Eurodollar Loans, the Borrower has failed to elect, or is not permitted to elect, a new Interest Period to be applicable to such Eurodollar Loans as provided above, the Borrower shall be deemed to have elected to convert such Eurodollar Loans into Base Rate Loans effective as of the expiration date of such current Interest Period.
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Syndication Date. The Lenders hereby agree and acknowledge that the Syndication Date shall be deemed to have occurred upon the receipt and acceptance by the Administrative Agent of the assignments described in clauses (i) through (v) of Section 6 representing an aggregate assignment of $85,000,000 from the Existing Lender to the other financial institutions named in such clauses. The Existing Lender agrees to provide the Borrowers with notice that the Syndication Date has occurred, which shall be concurrent with the Amendment Effective Date.
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Syndication Date. The Bookrunners confirm to the Companies and the Facility Agent the occurrence of the Syndication Date on the Effective Date.
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Syndication Date. Notwithstanding anything in this Agreement to the contrary, prior to the date of the first assignment by Royal Bank that is not an assignment of all of Royal Bank’s rights and obligations under this Agreement (such date, the “Syndication Date”), all references herein to the Agent shall be deemed references to Royal Bank, as the initial Lender (the “Initial Lender”), and notices shall be made to the Initial Lender. The Initial Lender shall provide the Borrower five (5) Business Days’ prior written notice of the Syndication Date. On and following the Syndication Date, all references to the Agent shall refer to the Agent, as defined pursuant to Section 1.01 hereof.
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Syndication Date. 2.1 The "target hold level" of the Original Committed Lenders under the Super Senior Term Facility for the purpose of the definition of Successful Syndication in the Facilities Agreement is £75,000,000. 2.2 Promptly following the occurrence of Successful Syndication, the Parent shall notify the Arranger that Successful Syndication has occurred.
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Syndication Date. The Agent confirms that as at the date of this letter, the Syndication Date (as amended in accordance with paragraph 4.2(k) below) has occurred.
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Syndication Date. The obligation of the Lenders to make available their respective Commitments reflected in Schedule A to this Financing Agreement is subject to the satisfaction or waiver of each of the following conditions precedent: (a) By executing signature pages documenting their accession to this Financing Agreement, and the consequent updating of Schedule A, Term Lenders have made Term Loan Commitments, that, in the aggregate, are equal to 100% of the Aggregate Term Loan Commitment and Revolving Credit Lenders have made Revolving Credit Commitments that, in the aggregate, are equal to 100% of the Aggregate Revolving Credit Commitment as would be in effect on and after the Syndication Date. (b) The Administrative Agent has received each of the following, in each case in form and substance satisfactory to the Administrative Agent, including, in the case of Documents received by the Administrative Agent on or prior to the Closing Date, appropriate amendments, restatements, modifications or supplements to such Documents: (i) the Security Agreement, the Financing Statement(s) related thereto and the Existing LC Collateral Account Agreement, executed and delivered by each of the parties thereto; (ii) certified copies of: (A) the Organizational Documents of each of the Borrower, the Sponsor and Services; (B) certificates of good standing with respect to each of the Borrower, the Sponsor and Services, in each case, dated no earlier than seven (7) Business Days before the Syndication Date and with respect to the Borrower including a historical record of state filings by the Borrower; and (C) incumbency certificates for the signatories of each of the Borrower, the Sponsor and Services and resolutions of each such Person approving the Pre-Completion Documents, Project Documents and Financing Documents to which such Person is or will be a party as of the Syndication Date and the transactions contemplated thereby; (iii) a certificate of an appropriate officer of each of the Borrower, the Sponsor and Services certifying that: (A) all Pre-Completion Documents and Project Documents executed by such Imperium Party as of the Syndication Date are in full force and effect, such Imperium Party and, to the Knowledge of such Imperium Party, the Pre-Completion Parties and Project Parties, are in compliance with all covenants and provisions thereof, and no breach or event of default (or any event that would become a breach or event of default with the giving of notice or the passage of time ...
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Related to Syndication Date

  • Funding Date Each Lender’s obligations to make any Loan hereunder shall become effective upon the satisfaction or waiver (in accordance with Section 8.02) of the following conditions on or after the Effective Date: (a) The Effective Date shall have occurred; (b) The Acquisition shall have been (or, substantially contemporaneously with the borrowing of the Loans, shall be) consummated in each case in all material respects in accordance with the terms set forth in the Acquisition Agreement after giving effect to any modifications, amendments, supplements, consents, waivers or requests, other than those modifications, amendments, supplements, consents, waivers or requests (including the effects of any such requests) by the Borrower that are materially adverse to the interests of the Lenders (it being understood that any modification, amendment, supplement, consent, waiver or request by the Borrower to the definition of Material Adverse Effect (as defined in the Acquisition Agreement) shall be deemed to be materially adverse to the interests of the Lenders and any consent or request made by the Borrower pursuant to Section 6.15 of the Acquisition Agreement and the Acquired Company’s compliance therewith shall not be deemed to be materially adverse to the interests of the Lenders), unless consented to in writing by the Arrangers (such consent not to be unreasonably withheld, conditioned or delayed); (c) The Administrative Agent shall have received (i) audited consolidated balance sheets and related audited statements of operations, stockholders’ equity and cash flows of the Borrower and the Acquired Company for each of the three fiscal years most recently ended at least 90 days prior to the Funding Date and (b) unaudited consolidated balance sheets and related unaudited statements of operations, stockholders’ equity and cash flows of the Borrower and the Acquired Company for each subsequent fiscal quarter ended at least 45 days prior to the Funding Date; provided that the filing of financial statements complying with the foregoing requirements on Form 10-K or Form 10-Q, as the case may be, by the Borrower or the Acquired Company will satisfy the applicable conditions set forth in this clause (c) of Section 4.

  • Final Maturity Date 19 Fitch .....................................................................................19

  • Borrowing Date Such Borrowing shall occur on or prior to March 21, 2018.

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Credit Facility (a) Upon the terms and subject to the conditions hereof, from time to time prior to the Facility Termination Date: (i) Borrower may request Advances in an aggregate principal amount at any one time outstanding not to exceed the lesser of the Aggregate Commitment and the Borrowing Base (such lesser amount, the “Borrowing Limit”); and (ii) upon receipt of a copy of each Borrowing Notice, (A) each Unaffiliated Committed Lender severally agrees to fund a Loan in an amount equal to its Percentage of the requested Advance specified in such Borrowing Notice, and (B) each Co-Agent belonging to a Conduit Group shall determine whether its Conduit, if any, will fund a Loan in an amount equal to its Conduit Group’s Percentage of the requested Advance specified in such Borrowing Notice. In the event that a Co-Agent elects not to have its Conduit make any such Loan to Borrower, the applicable Co-Agent shall promptly notify the Funding Agent (who shall promptly notify the Borrower) and, unless Borrower cancels its Borrowing Notice as to all Lenders, (1) each Unaffiliated Committed Lender severally agrees to fund a Loan in an amount equal to its Percentage of the requested Advance, (2) each of such Conduit’s Committed Lenders severally agrees to fund a Loan in an amount equal to its Pro Rata Share of its Conduit Group’s Percentage of such Loan and (3) each other Conduit shall fund a Loan in an amount equal to its Percentage of the required Advance, provided that (x) at no time may the aggregate principal amount of any Conduit Group’s Loans outstanding, exceed the lesser of (x) the aggregate amount of such Conduit’s Committed Lenders’ Commitments, and (y) such Conduit Group’s Percentage of the Borrowing Base (such lesser amount, such Conduit Group’s “Allocation Limit”), and (y) at no time may the aggregate principal amount of any Unaffiliated Committed Lender’s Loans outstanding exceed the lesser of (x) such Unaffiliated Committed Lender’s Commitment and (y) its Percentage of the Borrowing Base (such lesser amount, such Unaffiliated Committed Lender’s “Allocation Limit”). Each Advance shall be made ratably amongst the Conduit Groups and the Unaffiliated Committed Lenders, collectively, in accordance with their respective Percentages. Each of the Advances, and all other Obligations of Borrower, shall be secured by the Collateral as provided in Article XIII. Subject to Sections 1.6(d) and (e), it is the intent of the Conduits, but not the Committed Lenders, to fund all Advances by the issuance of Commercial Paper. Borrower shall not make a request for more than six (6) Advances during any calendar month, and no more than six (6) Advances shall occur, during any calendar month. No more than two (2) Advances shall occur, during any calendar week. (b) Borrower may, upon at least 10 Business Days’ notice to the Funding Agent (who shall promptly provide such notice to the Co-Agents), terminate in whole or reduce in part, ratably among the Committed Lenders in accordance with their respective Commitments, the unused portion of the Aggregate Commitment; provided that each partial reduction of the Aggregate Commitment shall be in an amount equal to $20,000,000 (or a larger integral multiple of $1,000,000 if in excess thereof) and shall reduce the Commitments of the Committed Lenders ratably in accordance with their respective Commitments.