Syndicated New Issues Distribution definition

Syndicated New Issues Distribution means the distribution in the CBL system of securities newly issued in global note form, for which the Customer acts as Settlement Agent according to the terms of the present Agreement.
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Syndicated New Issues Distribution means the distribution in the CBL system of securities newly issued in global note form, for which the Customer acts as Lead Manager according to the Terms of the present Agreement.
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Syndicated New Issues Distribution means the distribution in the Euroclear System (or in the Euroclear System and the securities settlement system operated by Clearstream) of securities newly issued in global note form.
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Examples of Syndicated New Issues Distribution in a sentence

  • The Parties wish to conclude the present Agreement in order for the Customer, acting as Lead Manager, to appoint CBL to act as commission agent (commissionaire) on the Lead Manager’s behalf in relation to the Syndicated New Issues Distribution and to instruct CBL, in its capacity as commission agent (commissionaire), to open, in CBL’s books, Syndicated New Issues Distribution Accounts in CBL’s name, which shall be subject to and operated in accordance with the terms and conditions of the present Agreement.

  • Immediately after the delivery versus payment transfer referred to above in clause 6 (a) (i) of the present Syndicated New Issues Distribution Terms and Conditions, CBL shall, pursuant to prior instructions of the Lead Manager, execute the transfer of the amount of cash received from the Lead Manager Syndication Cash Account on the Syndicated New Issues Distribution Cash Account, to the Issuer (or to any other person as instructed by the Lead Manager acting on behalf of the Issuer).

  • The Lead Manager, as the stipulating party, hereby unconditionally and irrevocably waives any right that it may have to revoke the third-party beneficiary clause referred to above in this clause 6 (b) of the present Syndicated New Issues Distribution Terms and Conditions.

  • No Receivable has been originated in, or is subject to the laws of, any jurisdiction under which the sale, transfer and assignment of such Receivable or any Receivable under this Agreement, the Purchase Agreement, or the Indenture is unlawful, void or voidable.

  • The Lead Manager instructs CBL to open one Syndicated New Issues Distribution Securities Account and one Syndicated New Issues Distribution Cash Account in its books.

  • These Syndicated New Issues Distribution Terms and Conditions govern the distribution in the Euroclear System of securities issued in global note form.

  • In case there is not sufficient cash or available credit on the Lead Manager Syndication Cash Account, the newly issued securities will remain in the Syndicated New Issues Distribution Securities Account until there is sufficient cash or credit on the Lead Manager Syndication Cash Account [or the Final Settlement Date].

  • For the avoidance of doubt, the parties confirm that in case an Insolvency Event occurs inrespect of the Lead Manager after the delivery versus payment transfer(s) referred to in Sections 5(e)(i)(x) and 5(e)(ii) above, the instruction(s) in respect of the amount of cash standing on the Syndicated New Issues Distribution Cash Account referred to in Section 5(e)(i)(y) above, will remain irrevocable and will still be processed.

  • Similarly, under certaincircumstances, depression qualifies as a handicap under the NJLAD.

  • Each Participant acting as Lead Manager shall sign a Syndicated New Issues Distribution Agreement pursuant to which it agrees to be bound by these Syndicated New Issues Distribution Terms and Conditions.

Related to Syndicated New Issues Distribution

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Revolving Borrowing means a Borrowing comprised of Revolving Loans.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Syndicated Loan means a Loan made by a Lender pursuant to Section 2.01(a); provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Syndicated Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.

  • Refunding Borrowing means a Committed Borrowing which, after application of the proceeds thereof, results in no net increase in the outstanding principal amount of Committed Loans made by any Bank.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • 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).

  • Notice of Revolving Borrowing shall have the meaning as set forth in Section 2.3.

  • Initial Revolving Borrowing means one or more borrowings of Dollar Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date in an amount not to exceed the aggregate amounts specified or referred to in the definition of “Permitted Initial Revolving Borrowing Purposes.”

  • Successor Reference Rate means the rate that the relevant Independent Adviser determines is a successor to or replacement of the Reference Rate which is formally recommended by any Relevant Nominating Body.

  • the London Bombings Relief Charitable Fund means the company limited by guarantee (number 5505072), and registered charity of that name established on 11th July 2005 for the purpose of (amongst other things) relieving sickness, disability or financial need of victims (including families or dependants of victims) of the terrorist attacks carried out in London on 7th July 2005;

  • Dollar Denominated Loan means any Loan incurred in Dollars.

  • Swingline Borrowing means a Borrowing comprised of Swingline Loans.

  • ABR Borrowing means a Borrowing comprised of ABR Loans.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Mid-Swap Floating Leg Benchmark Rate means EURIBOR (if the Specified Currency is euro), LIBOR for the Specified Currency (if the Specified Currency is U.S. dollars, Pounds Sterling or Swiss Francs), CIBOR (if the Specified Currency is Danish Kroner), NIBOR (if the Specified Currency is Norwegian Kroner), STIBOR (if the Specified Currency is Swedish Kronor) or (in the case of any other Specified Currency) the benchmark rate most closely connected with such Specified Currency and selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Initial Borrowing means the first Borrowing by the Borrower under this Agreement.

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Pro Rata and Pari Passu Basis means with respect to the Notes and the Note Holders, the allocation of any particular payment, collection, cost, expense, liability or other amount between such Notes or such Note Holders, as the case may be, without any priority of any such Note or any such Note Holder over another such Note or Note Holder, as the case may be, and in any event such that each Note or Note Holder, as the case may be, is allocated its respective Percentage Interest of such particular payment, collection, cost, expense, liability or other amount.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.