Broadly Syndicated Loans definition

Broadly Syndicated Loans means any loan that is not a Middle Market Loan.

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Broadly Syndicated Loans syndicated loans that are not primarily underwritten or co-underwritten by the Administrative Agent’s middle market group and are not substantially similar to those primarily underwritten or co-underwritten by the Administrative Agent’s middle market group.

Broadly Syndicated Loans syndicated loans that are not primarily underwritten or co-underwritten by ▇▇▇▇▇’s investment adviser or an Affiliate thereof.

Examples of Broadly Syndicated Loans in a sentence

Portions of the same Collateral Obligation acquired by any Loan Party on different dates (whether through purchase, receipt by contribution or the making or origination thereof, but excluding subsequent draws under Broadly Syndicated Loans) will, for purposes of determining the purchase price of such Eligible Collateral Obligation, be treated as separate purchases on separate dates (and not a weighted average purchase price for any particular Eligible Collateral Obligation).
Portions of the same Collateral Obligation acquired by the Borrower on different dates (whether through purchase, receipt by contribution or the making or origination thereof, but excluding subsequent draws under Broadly Syndicated Loans) will, for purposes of determining the purchase price of such Eligible Collateral Obligation, be treated as separate purchases on separate dates (and not a weighted average purchase price for any particular Eligible Collateral Obligation).
The first five Eligible Collateral Obligations acquired by the Borrower shall be any of Broadly Syndicated Loans, Middle Market Loans and/or Unitranche Loans.
The first five Eligible Collateral Obligations acquired by the Borrower shall be any of First Lien Broadly Syndicated Loans, Traditional Middle Market Loans, Unitranche A Loans and/or FILO A Loans.

More Definitions of Broadly Syndicated Loans

Broadly Syndicated Loans means any Loan to an Obligor issued as part of a loan facility with an original loan size (including any first and second lien loans included in the facility) greater than $250,000,000.

Broadly Syndicated Loans means each of the Loan Assets with a “Loan Asset Type” classifying it as such on Schedule II (as determined by the Initial Lender and the Majority Lenders (acting in its sole and absolute discretion) as of the Cut-Off Date).