Supported Syndicate definition

Supported Syndicate means Lloyd’s Syndicate 1221 underwriting insurance business at Lloyd’s through the Managing Agent.
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Supported Syndicate means Lloyd’s Syndicate 1458 underwriting insurance business at Lloyd’s through the Managing Agent.
Sample 1Sample 2
Supported Syndicate means Lloyd’s Syndicate 1458 underwriting insurance business at Lloyd’s through the ManagingAgent.
Sample 1Sample 2

Examples of Supported Syndicate in a sentence

  • A summary of the RDS calculations (including the information necessary to calculate the covenants in Sections 6.23(e) and (f)) for the Supported Syndicate prepared in accordance with the definitions and reporting requirements of Lloyd’s as in effect on the Closing Date for the applicable account years to be covered by the Letters of Credit to be issued hereunder.

  • The site is covered with grass, a garage with a dwelling unit on the second floor, and driveway.

  • As per Hindu law, in case of properties not acquired with the aid of joint family property, it is presumed that property acquired bycoparceners by working together is joint family property unless the persons concerned desire to hold it as co-owners.

  • The aggregate amount of Funds at Lloyd’s provided by the Corporate Members of the Supported Syndicate shall not be less than the highest of (i) 25% of the total Funds at Lloyd’s required to be provided to the Supported Syndicate and (ii) 90% of the aggregate of the three highest net RDS scenarios for any Year of Account.

  • A summary of the RDS calculations (including the information necessary to calculate the covenants in Sections 6.23(e) and (f)) for the Supported Syndicate prepared in accordance with the definitions and reporting requirements of Lloyd’s as in effect on the Amendment Effective Date for the applicable account years to be covered by the Letters of Credit to be issued hereunder.

  • Letters of Credit will be issued to provide Funds at Lloyd’s to support underwriting capacity provided by the Corporate Member to the Supported Syndicate for the 2015 and 2016 underwriting years of account (and prior open years).

  • Letters of Credit will be issued to provide Funds at Lloyd’s to support underwriting capacity provided by the Corporate Members to the Supported Syndicate for the 2011 and 2012 underwriting years of account (and prior open years).

  • The Lloyd’s Comfort Letter duly executed1 and a letter from the Corporate Members of the Supported Syndicate setting forth the Primary FAL for the Supported Syndicate, in each case for the 2011 Year of Account.

  • Subject to the duties of Lloyd’s as trustee of all such Funds at Lloyd’s and to any conditions and requirements prescribed under the Membership Byelaw which are applicable, the Borrower will cause the Corporate Members and the Managing Agent to use their best efforts to cause the Primary FAL of the Supported Syndicate to be applied to its obligations and only after such Primary FAL has been exhausted, to draw under the Letters of Credit.

  • The Lloyd’s Comfort Letter duly executed and a letter from the Corporate Members of the Supported Syndicate setting forth the Primary FAL for the Supported Syndicate, in each case for the 2012 Year of Account.

Related to Supported Syndicate

  • Facility Agent has the meaning set forth in the Preamble.

  • Credit Facility Agent means the then acting Agent as defined in and under the Credit Facility or any successor thereto.

  • Successful Syndication shall have the meaning given to such term in the Fee Letter.

  • Exit Facility Agent means the agent under the Exit Facility.

  • Co-Syndication Agent means each of Bank of America, N.A., Branch Banking and Trust Company and Xxxxx Fargo Bank, N.A. in its capacity as syndication agent for the credit facility evidenced by this Agreement.

  • LC Facility means the letter of credit facility established pursuant to Article III.

  • Syndication Date means the earlier of (x) the date upon which the Administrative Agent determines in its sole discretion (and notifies the Borrower) that the primary syndication (and resultant addition of Persons as Lenders pursuant to Section 14.04(b)) has been completed and (y) 90 days after the Initial Borrowing Date.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Bridge Facility means the Commitments and any Advances made thereunder.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • L/C Facility means the letter of credit facility established pursuant to Article III.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B-1 Loans, the Term B-1 Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Co-Syndication Agents as defined in the preamble hereto.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Term Facilities means the Term A Facility and the Term B Facility.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Broadly Syndicated Loan means a Collateral Loan that (a) is a syndicated commercial loan, (b) has an Initial Tranche Size of $250,000,000 or greater (without consideration of reductions thereon from scheduled amortization payments), and (c) is rated (or will be rated) by S&P or Xxxxx’x (or the related Obligor for such Collateral Loan is rated by S&P or Xxxxx’x).

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.