Syndicated definition

Syndicated when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.01.

Syndicated when used in reference to any Loan or Borrowing, refers to whether the Class of such Loan or Borrowing is Revolving Credit or Term, as opposed to Competitive.

Syndicated when used in reference to any Loan or Borrowing, refers to whether the Class of such Loan or Borrowing is Revolving Credit, Tranche A Term, Tranche B Term or Incremental, as opposed to Swingline.

Examples of Syndicated in a sentence

• The Syndicated Line appears to be secured by a perfected blanket lien on all of each Debtors’ assets pursuant to a recorded UCC-1 financing statement.

• Accordingly, for the limited purpose of this Motion, the Debtors acknowledge that the Syndicated Line is secured with a first priority lien on the commercial paper held by the Debtors.

• The Syndicated Line is junior to certain blanket liens held by floorplan lenders of the Debtors that operate dealerships, including Automotive Finance Corporation, Nextgear Capital, Inc., and Grandsouth Bank (collectively, the “ Floorplan Lenders”).

• The Relevant Dealers have undertaken, pursuant to a Subscription Agreement for a Syndicated Issue between EIB and the Relevant Dealers, dated on or about 17th January 2017 (the “Subscription Agreement”), that the offer of the Bonds in the Republic of Italy (the “Offer”) will be coordinated by the Relevant Dealers and will be open through entities acting as distributors appointed by the Relevant Dealers (the “Distributors”) to the public during the Offer Period (as defined below).

• The Syndicated RCF has an initial term of 5 years with extension options and a variable interest rate of SARON plus 1.45%-1.95%.

More Definitions of Syndicated

Syndicated means a report or information that is created for more than one unique client.

Syndicated is defined in the preamble to the Fourth Loan Modification Agreement.

Syndicated when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans constituting such Borrowing, are made pursuant to Section 2.01. Credit Agreement ----------------

Syndicated when used in reference to any Advance or Borrowing, refers to whether such Advance, or the Advances constituting such Borrowing, are made pursuant to Section 2.01.

Syndicated when used in reference to any Loan, refers to whether such Loan is made pursuant to Section 2.01 hereof. “Taxes” shall mean any and all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other similar charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. “Total Adjusted Debt” shall mean, at any time, the total Indebtedness of the Borrower and its Subsidiaries as reflected on the Borrower’s consolidated balance sheet in accordance with GAAP at such time minus the Captive Finance Debt at such time; provided that at all times prior to (but not after) the earlier to occur of (i) the Neutron Acquisition Closing Date and (ii) in the event that the Neutron Acquisition Agreement terminates or expires for any reason other than the consummation of the Neutron Acquisition, the date that is 45 days after the date of such termination or expiration, Total Adjusted Debt shall exclude the amount, up to an aggregate amount of $825,000,000, of any Indebtedness issued or incurred by the Borrower and/or any of its Subsidiaries to finance the Neutron Acquisition Transactions. “Transactions” means the execution, delivery and performance by the Borrower of this Agreement and the borrowing of Loans hereunder. “Type” shall have the meaning assigned to such term in Section 1.04 hereof. “U.S. Person” means a “United States person” within the meaning of Section 7701(a)(30) of the Code.

Syndicated refers to any Loan or Borrowing (other than the Swingline Loans and Foreign Currency Credits).

Syndicated means Syndicated Food Service International, Inc., a Florida corporation.