Syndication definition

Syndication means an extension of credit in which two or more persons fund and each person is at risk only up to a specified percentage of the total extension of credit or up to a specified dollar amount.
Syndication shall have the meaning set forth in Section 9.5 hereof.
Syndication means an extension of credit in which 2 or more persons finance the credit and each person is at risk only up to a specified percentage of the total extension of the credit or up to a specified dollar amount.

Examples of Syndication in a sentence

  • Notwithstanding anything herein to the contrary, no Person named on the cover page of this Agreement as a Joint Lead Arranger and Joint Bookrunner or the Syndication Agent shall, in its capacity as such, have any duties or obligations under this Agreement or any other Loan Document.

  • No Event of Default shall have occurred and be continuing; and except as otherwise described by the Company in a writing to the Syndication Agent and waived by the Required Lenders, the representations of the Company in Article 4 (other than Sections 4.04(c), 4.05, 4.09 and 4.10) shall be true on and as of the date of such Loan with the same force and effect as if made on and as of such date.

  • Each of the Joint Lead Bookrunners, Joint Lead Arrangers, Syndication Agent, Documentation Agents and, Revolving Sustainability Structuring Agent and Term Sustainability Structuring Agent (each, a “Titled Agent”), in each such respective capacity, assumes no responsibility or obligation hereunder, including, without limitation, for servicing, enforcement or collection of any of the Loans, nor any duties as an agent hereunder for the Lenders.

  • Anything herein to the contrary notwithstanding, none of the Bookrunners, Arrangers, Syndication Agents, Documentation Agents, Senior Managing Agents, Co-Agents or other similar titles or roles listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or an L/C Issuer hereunder.

  • Each Lender hereby designates JPMorgan Chase Bank, N.A., and Bank of America, N.A. as Syndication Agents and Documentation Agents and agrees that the Syndication Agents and Documentation Agents shall have no duties or obligations under any Loan Documents to any Lender or any Loan Party.


More Definitions of Syndication

Syndication means the primary syndication of the Facility.
Syndication shall have the meaning set forth in Section 11.8(a)(i) hereof.
Syndication has the meaning specified in Section 13.02(a).
Syndication shall have the meaning assigned to such term in Section 14.26.
Syndication means the syndication of the Facilities.
Syndication means an arrangement which, in respect of a debt of a borrower, provides for multiple (or a group of) lenders (syndicate lenders), and which ordinarily provides for each such syndicate lender to incur only such obligations as relate to that portion of that debt which is owed by that borrower to that syndicate lender;
Syndication means an extension of credit in which 2 or more persons fund the credit extension and each person is at risk at a specified: