Syndicated Facility definition

Syndicated Facility means the credit facility in the maximum principal amount of Cdn. $280,000,000 or the Equivalent Amount thereof in United States Dollars to be made available to the Borrower by the Lenders in accordance with the provisions hereof, subject to any reduction in accordance with the provisions hereof.

Syndicated Facility means the credit facility made available by the Syndicated Lenders to Borrower as described in Section 2.02(a).

Syndicated Facility means that certain means that certain Master Murabaha Agreement dated as of March 28, 2007 by and between Arcapita Bank, AIHL as guarantor, and WestLB, AG, London Branch as Investment Agent (as amended, restated, supplemented, and/or otherwise modified) together with all mortgages, documents, notes, instruments and any other agreements delivered pursuant thereto or in connection therewith.

Examples of Syndicated Facility in a sentence

• The Borrower will not be entitled to request an Advance from a Syndicated Facility Lender which has a Maturity Date after the Syndicated Facility Termination Date applicable to such Syndicated Facility Lender.

• Each Lender will, prior to 12:00 noon (Montreal time) on the proposed date on which an Advance under the Syndicated Facility is to take place, credit the account of the Agent specified in the Agent’s notice given pursuant to Section 5.5 with such Xxxxxx’s Rateable Portion of such Advance, and upon receipt of the funds from the Lender, the Agent will make available to the Borrower the amount so credited.

• All payments of the Obligations of the Borrower to the Lenders under the Syndicated Facility will be made by the Borrower to the Agent for the account of the applicable Lenders, and, except to the extent otherwise provided herein, in accordance with each such Lender’s Rateable Portions in such Credit Facility.

• The Agent will promptly notify the Borrower and, in the case of the Syndicated Facility, the Lenders of (i) the implementation of any Benchmark Replacement or (ii) the effectiveness of any Conforming Changes in connection with the use, administration, adoption or implementation of such Benchmark Replacement.

• Subject to the terms and conditions hereof and effective on the Amendment and Restatement Date, the Lenders hereby establish the Syndicated Facility in favour of the Borrower.

More Definitions of Syndicated Facility

Syndicated Facility means the separate committed, unsecured syndicated line of credit made available by the Bank and certain other lenders to the Funds, with State Street Bank and Trust Company acting in its capacity as agent for such lenders, pursuant to a credit agreement dated on or about the date hereof, as the same may be amended, restated, extended, renewed, replaced or otherwise modified and in effect from time to time.

Syndicated Facility means the revolving credit facility established by Section 2.1(a)(i);

Syndicated Facility has the meaning set forth in Section 3.1(a)(i);

Syndicated Facility mean any of such credit facilities.

Syndicated Facility means the U.S.$265,000,000 Amended and Restated Credit Agreement entered into by the Guarantor on November 21, 2000.

Syndicated Facility means the credit facility in the maximum principal amount of Cdn. $430,000,000 or the Equivalent Amount thereof in United States Dollars to be made available to the Borrower by the Lenders in accordance with the provisions hereof, subject to any reduction in accordance with the provisions hereof."

Syndicated Facility means the second amended and restated credit agreement between, among others, the Guarantor and Xxxxx Fargo Bank, National Association as administrative agent dated 24 June 2011.