Syndication Date Sample Clauses
Syndication Date. If upon the expiration of any Interest Period applicable to a Borrowing of Eurodollar Loans, the Borrower has failed to elect, or is not permitted to elect, a new Interest Period to be applicable to such Eurodollar Loans as provided above, the Borrower shall be deemed to have elected to convert such Eurodollar Loans into Base Rate Loans effective as of the expiration date of such current Interest Period.
Syndication Date. The Lenders hereby agree and acknowledge that the Syndication Date shall be deemed to have occurred upon the receipt and acceptance by the Administrative Agent of the assignments described in clauses (i) through (v) of Section 6 representing an aggregate assignment of $85,000,000 from the Existing Lender to the other financial institutions named in such clauses. The Existing Lender agrees to provide the Borrowers with notice that the Syndication Date has occurred, which shall be concurrent with the Amendment Effective Date.
Syndication Date. The Bookrunners confirm to the Companies and the Facility Agent the occurrence of the Syndication Date on the Effective Date.
Syndication Date. Notwithstanding anything in this Agreement to the contrary, prior to the date of the first assignment by Royal Bank that is not an assignment of all of Royal Bank’s rights and obligations under this Agreement (such date, the “Syndication Date”), all references herein to the Agent shall be deemed references to Royal Bank, as the initial Lender (the “Initial Lender”), and notices shall be made to the Initial Lender. The Initial Lender shall provide the Borrower five (5) Business Days’ prior written notice of the Syndication Date. On and following the Syndication Date, all references to the Agent shall refer to the Agent, as defined pursuant to Section 1.01 hereof.
Syndication Date. 2.1 The "target hold level" of the Original Committed Lenders under the Super Senior Term Facility for the purpose of the definition of Successful Syndication in the Facilities Agreement is £75,000,000.
2.2 Promptly following the occurrence of Successful Syndication, the Parent shall notify the Arranger that Successful Syndication has occurred.
Syndication Date. The Agent confirms that as at the date of this letter, the Syndication Date (as amended in accordance with paragraph 4.2(k) below) has occurred.
Syndication Date. The obligation of the Lenders to make available their respective Commitments reflected in Schedule A to this Financing Agreement is subject to the satisfaction or waiver of each of the following conditions precedent:
(a) By executing signature pages documenting their accession to this Financing Agreement, and the consequent updating of Schedule A, Term Lenders have made Term Loan Commitments, that, in the aggregate, are equal to 100% of the Aggregate Term Loan Commitment and Revolving Credit Lenders have made Revolving Credit Commitments that, in the aggregate, are equal to 100% of the Aggregate Revolving Credit Commitment as would be in effect on and after the Syndication Date.
(b) The Administrative Agent has received each of the following, in each case in form and substance satisfactory to the Administrative Agent, including, in the case of Documents received by the Administrative Agent on or prior to the Closing Date, appropriate amendments, restatements, modifications or supplements to such Documents:
(i) the Security Agreement, the Financing Statement(s) related thereto and the Existing LC Collateral Account Agreement, executed and delivered by each of the parties thereto;
(ii) certified copies of:
(A) the Organizational Documents of each of the Borrower, the Sponsor and Services;
(B) certificates of good standing with respect to each of the Borrower, the Sponsor and Services, in each case, dated no earlier than seven (7) Business Days before the Syndication Date and with respect to the Borrower including a historical record of state filings by the Borrower; and
(C) incumbency certificates for the signatories of each of the Borrower, the Sponsor and Services and resolutions of each such Person approving the Pre-Completion Documents, Project Documents and Financing Documents to which such Person is or will be a party as of the Syndication Date and the transactions contemplated thereby;
(iii) a certificate of an appropriate officer of each of the Borrower, the Sponsor and Services certifying that:
(A) all Pre-Completion Documents and Project Documents executed by such Imperium Party as of the Syndication Date are in full force and effect, such Imperium Party and, to the Knowledge of such Imperium Party, the Pre-Completion Parties and Project Parties, are in compliance with all covenants and provisions thereof, and no breach or event of default (or any event that would become a breach or event of default with the giving of notice or the passage of time ...