Examples of Maximum Syndication Amount in a sentence
Each Syndication Party's Syndication Interest in the Loan shall be evidenced by a promissory note, payable to the order of such Syndication Party in the face amount equal to such Syndication Party's Maximum Syndication Amount, in the form attached hereto as Exhibit 6.1 (each a "Note" and collectively, such promissory notes shall be referred to as the "Notes").
Each Syndication Party, severally but not jointly, hereby irrevocably agrees to fund its Syndication Share of all Advances from time to time pursuant to the terms and conditions contained herein; provided that no Syndication Party shall be required to fund an Advance in an amount such that the aggregate principal balance owing to such Syndication Party after such funding would be in excess of such Syndication Party's Maximum Syndication Amount.
No amendment to this Agreement shall be effective unless in writing and signed by Borrower and the Required Lenders, except that (a) all Syndication Parties must sign any amendment hereto that would change any provision herein requiring the consent or approval of 100% of the Syndication Parties, and (b) no Syndication Party's Syndication Share or Maximum Syndication Amount may be changed without its written consent.
Provided however, the amount of any Advance Payment which a Syndication Party would otherwise be required to tender hereunder shall be reduced as necessary so that the aggregate principal owing to such Syndication Party at such time (including such Advance Payment) does not exceed that Syndication Party's Maximum Syndication Amount.
On the terms and conditions set forth in this Agreement, the Syndication Parties agree, each as to their Syndication Share and to the extent of their Maximum Syndication Amount, to make a revolving loan to Borrower (the "Loan") in an amount up to the Aggregate Commitment less the undrawn face amount of any Letters of Credit then outstanding.
On the terms and conditions set forth in this Term Credit Agreement, the Syndication Parties agree, each as to their Syndication Share and to the extent of their Maximum Syndication Amount, to make a loan to Borrower in an amount up to the Aggregate Commitment (the "Loan").
Each Syndication Party's Syndication Interest in the Loans shall be evidenced by a promissory note, payable to the order of such Syndication Party in the face amount equal to such Syndication Party's Maximum Syndication Amount, in the form attached hereto as Exhibit 6.1 (each a “Note” and collectively, the “Notes”).
Each Syndication Party's Syndication Interest in the Loan shall be evidenced by a promissory note, payable to the order of such Syndication Party in the face amount equal to such Syndication Party's Maximum Syndication Amount, in the form attached hereto as Exhibit 6.
Each Syndication Party's Syndication Interest in the Loan is evidenced by a promissory note, executed in connection with the Original Credit Agreement and dated August 1, 1996, payable to the order of such Syndication Party in the face amount equal to such Syndication Party's Maximum Syndication Amount in the form attached hereto as Exhibit 5.1 (collectively, such promissory notes shall be referred to as the "Notes").
Any reduction of the Aggregate Commitment Amount pursuant to this Section shall be irrevocable and shall result in a ratable reduction of each Syndication Party's Maximum Syndication Amount.