Common use of Free Syndication market Clause in Contracts

Free Syndication market. The Borrower shall not, and shall ensure that no Owner and no member of the Group shall, until the earlier of 30 September 2007 and the date on which the Agent declares that the primary syndication of the Loan has closed: (a) syndicate or issue or attempt to syndicate or issue; or (b) announce or authorise the announcement of the syndication or issuance of; or (c) engage in discussions concerning the syndication or issuance of, any Financial Indebtedness with any banks or financial institutions in the commercial banking market Provided that this shall not restrict the Borrower from completing the IPO or arranging other financing during such period.

Free Syndication market. The Borrower shall not, and shall ensure that no Owner and Owner, no member of the Group and no affiliate of the Borrower or any other member Group shall, until the earlier of 30 September 2007 and the date on which the Agent declares has declared that the primary syndication of the Loan has closed: (a) syndicate or issue or attempt to syndicate or issue; or (b) announce or authorise the announcement of the syndication or issuance of; or (c) engage in discussions concerning the syndication or issuance of, any Financial Indebtedness with any banks or financial institutions in the commercial banking market Provided that this shall not restrict the Borrower from completing the IPO or arranging other financing during such periodmaking any further equity offerings.

Free Syndication market. The Borrower shall not, and shall ensure that no Owner and no member of the Group shall, until the earlier of 30 September 2007 August 2008 and the date on which the Facility Agent declares that the primary syndication of the Loan has closed: (a) syndicate or issue or attempt to syndicate or issue; or (b) announce or authorise the announcement of the syndication or issuance of; or (c) engage in discussions concerning the syndication or issuance of, any Financial Indebtedness with any banks or financial institutions in the commercial banking market Provided that this shall not restrict the Borrower from completing incurring any further Financial Indebtedness to banks or financial institutions (other than the IPO or arranging other Lenders) subject to the Facility Agent having been given the opportunity to match the terms and conditions of any financing during such periodoffered to the Borrower.