Primary Syndication definition

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 date hereof and ending on the earlier of (a) 30 days following the Effective Date and (b) the date that the Joint Lead Arrangers have determined (and notified the Borrower) the primary syndication of the Loans has been completed.

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.

Examples of Primary Syndication in a sentence

• 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.

• During the period of the Primary Syndication, if requested in writing by Bank of America, the Australian Borrower will advise Bank of America, within a reasonable period of time, if the potential offerees disclosed to it by Bank of America are known or suspected by it to be an Offshore Associate of the Australian Borrower or an Associate or any other offeree.

• 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.

• Administrative Agent hereby appoints Xxxxxx Xxxxxxx as its agent for purposes of making all Loans to be made on the Closing Date and exercising the consent rights of Administrative Agent to any assignment pursuant to subsection 10.1 during the Primary Syndication.

• Notwithstanding anything else contained in this Section, no Lender may assign, or sell a participation in, its Revolving Credit Commitment during the Primary Syndication Period other than (i) assignments by the Syndication Agent and its Affiliates or (ii) assignments by a Lender to its Affiliates and Approved Funds of such Lender.

More Definitions of Primary Syndication

Primary Syndication has the meaning ascribed thereto in the Fee Letter.

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 the period of time beginning on the Effective Date and ending on the date which is forty-five (45) days after the Effective Date.

Primary Syndication means a primary syndication conducted in a manner consistent with customary practice for syndications of similar facilities, including the scheduling and holding of a bank meeting, a period for the receipt of commitments and the final allocation of commitments.

Primary Syndication means the period from the Closing Date to the date on which Syndication Agent provides a written notice to Administrative Agent that the primary syndication of the Commitments and Loans has been completed.

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.