Syndicated Borrowers definition
Examples of Syndicated Borrowers in a sentence
Subject to the terms of this Agreement, the Syndicated Borrowers may borrow, repay and reborrow Revolving Loans at any time prior to the Termination Date.
On the Termination Date, the Syndicated Borrowers shall repay in full the outstanding principal balance of the Revolving Loans.
Subject to the terms of this Agreement, the Syndicated Borrowers may borrow, repay and reborrow Swing Line Loans at any time prior to the Termination Date.
Within 10 days after receiving any such notice, the Company shall give notice to the Holder that the Company is proceeding with such registration statement or Notification.
The Syndicated Borrowers may at any time pay, without penalty or premium, all outstanding Swing Line Loans or, in a minimum Dollar Amount of $50,000, any portion of the outstanding Swing Line Loans, upon notice to the Administrative Agent and the Swing Line Bank.
For example, a payroll company would be the data controller regarding the data about its own staff, but would be the data processor concerning the staff payroll data it is processing for its client companies.
The Syndicated Borrowers may from time to time and at any time upon at least one (1) Business Day’s prior written notice repay or prepay, without penalty or premium all or any part of outstanding Floating Rate Advances in an aggregate minimum amount of $1,000,000 and in integral multiples of $100,000 in excess thereof.
As a condition precedent to the effectiveness of this Agreement, and as required under the Plan, Administrative Agent shall have received, on or before the Closing Date, (a) a payment for all pre-petition and post-petition interest, at the Loan Rate, less adequate protection payments actually made by Syndicated Borrowers prior to the effective date of the Plan.