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 shall have the meaning set forth in the Fee Letter.

Examples of Successful Syndication in a sentence

You agree that if at any time prior to the Successful Syndication of the Facilities, any of the representations in the preceding sentence would be incorrect in any material respect if the Information and financial projections were being furnished, and such representations were being made, at such time, then you will promptly supplement, or cause to be supplemented, the Information and financial projections so that such representations will be correct in all material respects under those circumstances.

Following the Initial Syndication Period, if and for so long as a Successful Syndication (as defined in the Fee Letter) has not been achieved, the syndication of the Facility shall be conducted by the Arrangers in consultation with the Borrower.

Following the achievement of a Successful Syndication of the Facility, further assignments and commitments shall be in accordance with the section captioned “Assignments and Participations” in the Term Sheet attached hereto as Annex A.

You agree to use your commercially reasonable efforts to actively assist the Arrangers in completing a syndication reasonably satisfactory to the Arrangers and you as soon thereafter as practicable until the date that a Successful Syndication is achieved.

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 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.
Successful Syndication has the meaning given to that term in the Syndication Letter.
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 as defined in the Fee Letter.
Successful Syndication means a syndication of not less than 50 per cent. of the Total Commitments by ABN Amro Bank N.V. to other banks or financial Institutions;
Successful Syndication has 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.