Primary Syndication Period definition

Primary Syndication Period means the period commencing on or prior to the Closing Date and ending on the earlier of (a) the date that is 30 days following the Closing Date and (b) the date that the Syndication Agent has notified the Administrative Agent and the Borrowers that the primary syndication of the Revolving Credit Commitments has ended.
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Primary Syndication Period means the thirty (30) days immediately following the Closing Date.
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Primary Syndication Period means the period ending on the earlier of:
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Examples of Primary Syndication Period in a sentence

  • Notwithstanding anything else contained in this Section, no Lender may assign, or sell a participation in, its Revolving Credit Commitment during the Primary Syndication Period other than (i) assignments by the Syndication Agent and its Affiliates or (ii) assignments by a Lender to its Affiliates and Approved Funds of such Lender.

  • Subject to the provisions of this Section, at the election of the Borrowers, (i) Revolving Credit Loans shall bear interest at (A) the Base Rate plus the Applicable Margin or (B) the LIBOR Rate plus the Applicable Margin; provided that, unless the Primary Syndication Period has been successfully completed, the LIBOR Rate shall not be available until ten (10) Business Days after the Closing Date and (ii) any Swingline Loan shall bear interest at the Base Rate plus the Applicable Margin.

  • During the Primary Syndication Period, the Borrower may not elect to convert any Base Rate Loans to Eurodollar Loans.

  • Notwithstanding the foregoing, during the Primary Syndication Period, all Borrowings shall be Base Rate Borrowings.

  • The period of time commencing on the Closing -------------------------- Date and ending on the date ninety (90) days thereafter (or on such earlier date as each of the Primary Syndication Parties shall mutually determine in writing in good faith constitutes the end of the Primary Syndication Period).


More Definitions of Primary Syndication Period

Primary Syndication Period means the period of the primary syndication of the credit facilities being provided under this Agreement, provided that the Primary Syndication Period will be deemed to have been completed on the earlier to occur of (a) Arrangers notifying Borrower that primary syndication has been completed and (b) the date falling 60 days after the Closing Date.
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Primary Syndication Period means a period commencing on the Closing Date and ending on the date the Administrative Agent notifies the Funds Administrator that it has completed the Primary Syndication of the Second Lien Term Loans (which notice shall be delivered promptly after such Primary Syndication), which date shall in no event be later than ninety (90) days following the Closing Date.
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Primary Syndication Period means the period ending on the earlier of the date the Agent notifies NGG that primary syndication of the Facilities is completed and 30th June, 1999 (or such other date as NGG and the Arrangers may agree);
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Primary Syndication Period means the period ending on the earlier of the date the Facility Agent notifies NGG that primary syndication of the Facilities is completed and 31st March, 2002 (or such other date as NGG and the Arrangers may agree);
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Primary Syndication Period means the period ending sixty (60) days after the Closing Date.
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Primary Syndication Period means 120 days from the date of this Agreement.
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Primary Syndication Period means the period commencing on September 20, 2007 through the date that is 150 days thereafter.
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