Syndication definition

Syndication means an extension of credit in which two or more persons fund and each person is at risk only up to a specified percentage of the total extension of credit or up to a specified dollar amount.

Syndication shall have the meaning set forth in Section 9.5 hereof.

Syndication means an extension of credit in which 2 or more persons finance the credit and each person is at risk only up to a specified percentage of the total extension of the credit or up to a specified dollar amount.

Examples of Syndication in a sentence

• Thereafter, unless otherwise unanimously determined by the Board, such SB ECL will be automatically adjusted downward to be in an amount equal to the lesser of (x) the Remaining Commitment Amount of the SB Member and any Syndication Parties 4859-2554-6723 v.3 and (y) $3,200,000,000, which commitment must be maintained in full force and effect and be available to be drawn until the Credit Support Release Date.

• Anything herein to the contrary notwithstanding, none of the Lead Arrangers, Syndication Agents or Documentation Agents listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or a Swingline Lender hereunder.

More Definitions of Syndication

Syndication means the primary syndication of the Facility.

Syndication has the meaning specified in Section 13.02(a).

Syndication shall have the meaning assigned to such term in Section 14.26.

Syndication means the syndication of the Facilities.

Syndication means an arrangement which, in respect of a debt of a borrower, provides for multiple (or a group of) lenders (syndicate lenders), and which ordinarily provides for each such syndicate lender to incur only such obligations as relate to that portion of that debt which is owed by that borrower to that syndicate lender;

Syndication means an extension of credit in which 2 or more persons fund the credit extension and each person is at risk at a specified:

Syndication means any syndication, sale, assignment, transfer, pledge, participation, hypothecation or other disposition by a Holder of all or a portion of a Note.