Syndicated Credit Agreement Sample Clauses
A Syndicated Credit Agreement is a contract that outlines the terms under which a group of lenders provides a loan to a single borrower. This agreement details the roles and responsibilities of each lender, the process for disbursing funds, repayment schedules, and how decisions are made among the lenders. For example, it may specify how interest rates are set, how defaults are handled, and the procedures for transferring lender interests. The core function of this clause is to coordinate multiple lenders efficiently, ensuring clarity and consistency in the lending process while distributing risk among the participants.
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Syndicated Credit Agreement. On or after the date of any Removal Event, all certificates or notices required to be delivered to under Section 6.01, 6.02 or 6.03 of the Syndicated Credit Agreement shall be delivered to Lender hereunder.
Syndicated Credit Agreement. Any Event of Default (as defined therein) occurs under the Syndicated Credit Agreement.
Syndicated Credit Agreement. The executed Syndicated Credit Agreement, and evidence that all conditions precedent specified in section 4.01 thereof have been fulfilled or waived.
Syndicated Credit Agreement. NOTICE OF DRAWDOWN
Syndicated Credit Agreement. A fully executed copy of the Syndicated Credit Agreement (as defined in Section 1 above), which agreement shall be in full force and effect.
Syndicated Credit Agreement. On 4 November 2014, a syndicate of foreign financial institutions lead by ABN Amro Bank N.V., Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., DNB Bank ASA and Nordea Bank Norge ASA, (hereinafter the “Finance Parties”, as defined in the Facility Agreement referred to below) and Marine Harvest ASA and certain of its subsidiaries, which include the Chilean companies [insert names of relevant Chilean companies] and other companies domiciled abroad, entered into a facility agreement (the “Facility Agreement”) pursuant to which the Lenders make available to the Borrowers (both as defined in the Facility Agreement) a multicurrency revolving credit facility in an aggregate amount equal to EUR 555,000,000. A copy of the Facility Agreement has been recorded on this same date in this same Notary Public office.
Syndicated Credit Agreement. Any Event of Default (as defined therein) occurs under the Syndicated Credit Agreement; or the Syndicated Credit Agreement is terminated.