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

  • 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 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. 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).
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 primary syndication of the Loans and the assignments of the Loans in connection with the offering of the right to participate in the Loans that shall be made available to all “Lenders” under the Prepetition Existing Credit Agreement.
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 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.