Examples of Syndicated Facilities in a sentence
For the avoidance of doubt, if at the last date of the Syndication Period, the Banks have not received sufficient commitments to achieve Successful Syndication of the Syndicated Facilities the Banks may (but are not obliged to) close the syndication.
The Company authorises the Banks to discuss the terms of the Syndicated Facilities with, and to disclose those terms to, Agreed Potential Lenders to facilitate the syndication.
Provided that all amounts outstanding under the Syndicated Facilities Agreement (or any restructuring thereof) have been repaid in full, all amounts outstanding under this Agreement on the Final Maturity Date will be automatically capitalised by way of a capital contribution of such amounts by the Lender to the Borrower.
Therefore, it has classified the borrowings outstanding under the Syndicated Facilities and the Credit Facility as short-term obligations as of December 31, 1999.