the Syndicate definition

the Syndicate all or any Syndicate managed by the Xxxxxx Group.

Examples of the Syndicate in a sentence

  • These policies define the identification of risk and its interpretation to ensure the appropriate quality and diversification of assets, align underwriting and reinsurance strategy to the Syndicate goals, and specify reporting requirements.

  • The principal risk the Syndicate faces under insurance contracts is that the actual claims and benefit payments or the timing thereof, differ from expectations.

  • It is also responsible for safeguarding the assets of the Syndicate and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

  • Therefore, the objective of the Syndicate is to ensure that sufficient reserves are available to cover these liabilities.

  • Failure to do so may result in delays in dispatch of refund orders or refunds through electronic transfer of funds, as applicable, and any such delay may be at the Anchor Investors’ sole risk and neither the Issuer, the Registrar to the Offer, the Escrow Collection Banks, or the Syndicate, may be liable to compensate the Anchor Investors for any losses caused to them due to any such delay, or liable to pay any interest for such delay.

  • However, the collection centre of the Members of the Syndicate or the SCSB or the Trading Member, as the case may be, will acknowledge the receipt of the Application Forms by stamping and returning to the Applicant the acknowledgement slip.

  • Applicants should note that the Members of the Syndicate, or the Trading Members, as appropriate, will not be liable for errors in data entry due to incomplete or illegible Application Forms.

  • As permitted by FRS 103 the Syndicate continues to apply the existing accounting policies that were applied prior to this standard for its insurance contracts.

  • Applicants may submit duly filled in Application Forms either in physical or downloaded Application Forms to the Members of the Syndicate or the Trading Members accompanied by account payee cheques/ demand drafts prior to or on the Issue Closing Date.

  • Each member’s SCR shall thus be determined by the sum of the member’s share of the Syndicate SCR ‘to ultimate’.

Related to the Syndicate

  • Co-Syndication Agent means each of Bank of America, N.A., Branch Banking and Trust Company and Xxxxx Fargo Bank, N.A. in its capacity as syndication agent for the credit facility evidenced by this Agreement.

  • Syndication Date means that date upon which the Administrative Agent determines in its sole discretion (and notifies the Borrower) that the primary syndication (and resultant addition of Persons as Lenders pursuant to Section 13.04(b)) has been completed.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Syndicate means the Syndicate of the University;

  • Syndication Agents as defined in the preamble hereto.

  • Syndication Agent as defined in the preamble hereto.

  • Managing Agents is defined in the preamble.

  • MSSF means Xxxxxx Xxxxxxx Senior Funding, Inc.

  • Sole Bookrunner means Pareto Securities AB.

  • Arranger means Banc of America Securities LLC, in its capacity as sole lead arranger and sole book manager.

  • Lender Presentation means the Lender Presentation dated July 12, 2016, relating to the Credit Facilities and the Transactions.

  • Successful Syndication shall have the meaning given to such term in the Fee Letter.

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer, the applicable Lender and its related Lender Agent in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Facility Agent has the meaning set forth in the Preamble.

  • Managing Agent means a person authorized by the landlord to act on behalf of the landlord under

  • Pricing Side Letter means that certain letter agreement between Buyer and Seller, dated as of the date hereof, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Joint Lead Arrangers and Bookrunners means Credit Suisse Securities (USA) LLC, Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., Xxxxxxx Xxxxx Credit Partners L.P., HSBC Securities (USA) Inc., Xxxxxx Brothers Inc. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

  • Lead Arranger as defined in the preamble hereto.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Joint Bookrunner means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, X.X. Xxxxxx Securities LLC and RBC Capital Markets(3), each in its respective capacity as a bookrunner under this Agreement, and “Joint Bookrunners” means all of them, collectively.

  • DBSI means Deutsche Bank Securities Inc.

  • Documentation Agent as defined in the preamble hereto.

  • Documentation Agents as defined in the preamble hereto.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Arrangers as defined in the preamble hereto.

  • 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.