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
Anything herein to the contrary notwithstanding, none of the Joint Lead Arrangers, Joint Bookrunners, Syndication Agent or the Documentation Agent listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Credit Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or a Letter of Credit Issuer hereunder.
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 means the syndication of the Facilities.
Syndication shall have the meaning assigned to such term in Section 14.26.
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 any syndication, sale, assignment, transfer, pledge, participation, hypothecation or other disposition by a Holder of all or a portion of a Note.