Syndicated Loan definition

Syndicated Loan means a Loan made by a Lender pursuant to Section 2.01(a); provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Syndicated Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.
Syndicated Loan means a loan provided by a group of lenders in a lending syndicate;
Syndicated Loan means a loan by a Lender to the Borrower as part of a Syndicated Advance.

Examples of Syndicated Loan in a sentence

  • Each Syndicated Loan shall be made as part of a Borrowing consisting of Loans of the same Class, Currency and Type made by the applicable Lenders ratably in accordance with their respective Commitments of the applicable Class.

  • If the Custodian receives any consent or waiver solicitation, notice of default or similar notice from any syndication agent, lead or obligor on a Syndicated Loan, the Custodian shall undertake reasonable efforts to forward the notice to the Managing Member.

  • Each such Syndicated Loan Request shall specify (A) the principal amount of the Syndicated Loan requested, (B) the proposed Drawdown Date of such Syndicated Loan, (C) whether such Syndicated Loan requested is to be a Base Rate Loan or a Eurodollar Loan, and (D) the Interest Period for such Syndicated Loan, if a Eurodollar Loan.

  • Each Syndicated Loan requested shall be in a minimum amount of $10,000,000.

  • Each such Syndicated Loan Request shall reflect the Maximum Drawing Amount of all Letters of Credit outstanding and the amount of all Loans outstanding (including Competitive Bid Loans and Swing Line Loans).


More Definitions of Syndicated Loan

Syndicated Loan means a Base Rate Loan or a Euro-Dollar Loan and Syndicated Loans means Base Rate Loans or Euro-Dollar Loans, or any or all of them, as the context shall require.
Syndicated Loan means a Loan made pursuant to Section 2.01.
Syndicated Loan means a Loan made pursuant to Section 2.02, including, without limitation, any Base Rate Loan, Eurocurrency Rate Loan, Floating LIBOR Rate Loan or CP Rate Loan made pursuant thereto.
Syndicated Loan means a Loan made by a Bank pursuant to Section 2.01(a); PROVIDED that, if any loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term "Syndicated Loan" shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.
Syndicated Loan means either or both a Revolving Loan or a Term Loan.
Syndicated Loan means a Revolving Credit Loan or a Swing Line Loan, as the context shall require; collectively, the “Syndicated Loans”.
Syndicated Loan means a Loan which is made as part of a Borrowing, is made collectively by the Banks based on each Bank's Pro Rata Share of such Loan, is made as either a Base Rate Loan or a Eurocurrency Rate Loan and is requested pursuant to a Notice of Syndicated Borrowing.