Syndicated Issue definition
Examples of Syndicated Issue in a sentence
Each Dealer agrees to notify the Issuing and Paying Agent or, in the case of a Syndicated Issue, the Lead Manager when it has completed the distribution of its portion of the Instruments of any identifiable tranche so that the Issuing and Paying Agent or, in the case of a Syndicated Issue, the Lead Manager may determine the completion of the distribution of all Instruments of that tranche and notify the other Relevant Dealers of the end of the restricted period.
The parties agree that in relation to any issue of Notes the Issuer and the Relevant Dealer(s) (or, in the case of a Syndicated Issue, the Lead Manager(s)) will use best endeavours to follow the administrative and operative procedures and guidelines set out in the Procedures Memorandum, unless the Issuer, the Relevant Dealer(s) (or, in the case of a Syndicated Issue, the Lead Manager(s)), the Trustee and, if affected by any proposed change, the Issuing and Paying Agent agree otherwise.
However, if the Notes are issued by way of Syndicated Issue, any communication to a Dealer must be sent to the address or fax number of the Lead Manager as set out or referred to in the Details.
The Procedures Memorandum may be changed in respect of any Relevant Dealer (or, in the case of a Syndicated Issue, the Lead Manager(s)) by agreement in writing between the Issuer, the Trustee and such Dealer (or, in the case of a Syndicated Issue, the Lead Manager(s)) following consultation with the Issuing and Paying Agent.
The parties agree that all issues of Notes shall be made in accordance with the Procedures Memorandum unless the Issuer, the Trustee, the Relevant Dealer(s) (or, in the case of a Syndicated Issue, the Lead Manager(s)) and the Issuing and Paying Agent agree otherwise in respect of any issue.