Examples of Syndicated Lenders in a sentence
The Administrative Agent will, as soon as practicable, notify the Company and the Syndicated Lenders of each determination of a Eurodollar Rate with respect to Syndicated Loans and of any change in the Alternate Base Rate with respect to Syndicated Loans and the effective date thereof.
In the event that the Syndicated Lenders do not make such amounts available to the Administrative Agent by the time prescribed above, but such amount is received later that day, such amount may be credited to Borrower in the manner described in the preceding sentence on the next Business Day (with interest on such amount to begin accruing hereunder on such next Business Day).
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Each Syndicated Lender shall comply with its obligation under this paragraph by wire transfer of immediately available funds, in the same manner as provided in Section 2.06 with respect to Syndicated Loans made by such Syndicated Lender (and Section 2.06 shall apply, mutatis mutandis, to the payment obligations of the Lenders), and the Administrative Agent shall promptly pay to the applicable Swingline Lender the amounts so received by it from the Syndicated Lenders.
Such notice to the Administrative Agent shall specify the aggregate amount of Swingline Loans in which the applicable Syndicated Lenders will participate.
In addition, VI-REIT has in place a committed revolving credit facility of S$50 million from the Syndicated Lenders (the “Revolving Credit Facility”, together with the Term Loan Facilities, the “Loan Facility I”).
Promptly following receipt by the Administrative Agent of any payment from the Borrower pursuant to the next following paragraph, the Administrative Agent shall distribute such payment to the Issuing Bank or, to the extent that the Syndicated Lenders have made payments pursuant to this paragraph to reimburse the Issuing Bank, then to such Syndicated Lenders and the Issuing Bank as their interests may appear.
The Administrative Agent will make available to Borrower the aggregate of the amounts (if any) so made available by the Syndicated Lenders to the Administrative Agent no later than 2:00 P.M. (Atlanta, Georgia time) by crediting such amounts to Borrower's demand deposit account maintained with the Administrative Agent or at Borrower's option, effecting a wire transfer of such amounts to an account specified by Borrower, by the close of business on such Business Day.
The Syndicated Lenders are licensed financial institutions in the PRC.
On about 9 November 2016, AXL entered into a syndicated facilities agreement with (inter alia) the Commonwealth Bank Australia Limited ( CBA), Macquarie Bank Limited (MBL) (together, the Syndicated Lenders) and CBA Corporate Services (NSW) Pty Ltd as agent to the Syndicated Lenders (Agent) (the SFA).