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

  • To assist the Lenders and the Administrative Agent in their Syndication efforts, the Borrower agrees promptly to prepare and provide to the Lenders and the Administrative Agent all information with respect to the Borrower, the Sponsor, the Seller and the Servicer contemplated hereby, including all financial information and projections (the “Projections”), as the Lenders and the Administrative Agent may reasonably request in connection with the Syndication of the Advances.

  • Cooperation in Syndication 136 ARTICLE XIV REAFFIRMATION 138 Section 14.01.

  • Any Arranger, Bookrunner, Documentation Agent or Syndication Agent, if any, shall not have any right, power, obligation, liability, responsibility or duty under this Agreement other than those applicable to all Lenders as such, and shall not be deemed to have any fiduciary relationship with any Lender.


More Definitions of Syndication

Syndication means the syndication of the Facilities.
Syndication has the meaning specified in Section 13.02(a).
Syndication means the primary syndication of the Facility.
Syndication shall have the meaning assigned to such term in Section 14.26.
Syndication means the primary syndication by the Arranger of the Facility.
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:
Syndication means any syndication, sale, assignment, transfer, pledge, participation, hypothecation or other disposition by a Holder of all or a portion of a Note.