Syndication Lenders definition

Syndication Lenders means the parties participating as Lenders in Syndication.
Syndication Lenders means the parties participating as Lenders in Syndication (excluding, for the avoidance of doubt, the Underwriters and Mandated Lead Arrangers (or their respective Affiliates)).
Syndication Lenders means the parties participating as Lenders in Syndication of the Term Facility. This paragraph 4 is for the benefit of the Mandated Lead Arrangers and the Underwriters only.

Examples of Syndication Lenders in a sentence

  • Not later than 11:00 a.m. (Boston time) on the Effective Date each of the Syndication Lenders will make available to the Agent at the Agent's Head Office in immediately available funds, the amount of such Lender's Commitment Percentage of the outstanding principal amount of the Loans which amounts will be distributed equally to the Lead Lenders for their own account.

  • Each of the Syndication Lenders shall be subject to the provisions of this (S)18.2 to the same extent as though it were becoming a party to this Agreement as an assignee by entering into an Assignment and Acceptance with each Lead Lender effective on the Effective Date.

  • On the Effective Date the Lead Lenders shall be deemed to have assigned to the Syndication Lenders, and the Syndication Lenders shall be deemed to have assumed from the Lead Lenders, a portion of the Lead Lenders' rights and obligations under this Agreement relating to the Commitment and the Commitment Percentage allocated to the Syndication Lenders, respectively, on Schedule 1.2. One half of the interests so assigned to each Syndication Lender shall be deemed to have been assigned by each Lead Lender.

  • Notwithstanding the foregoing, to the extent such other Lender applies such funds or the proceeds of such property to reduction of one or more of the Loans, such other Lender shall share such funds or proceeds with all Syndication Lenders according to their respective Individual 5-Year Commitments.

  • Each of (i) this Third Amendment to Credit Agreement, (ii) the Third Amendment to the Guaranty, (iii) the Loan Notes for the Syndication Lenders and (iv) the replacement Loan Notes for the Lead Lenders shall have been duly executed and delivered by the respective parties thereto, shall be in full force and effect and shall be in form and substance satisfactory to each of the Lenders.

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  • On the Effective Date the outstanding principal balance of the Loans shall be reallocated among the Lead Lenders and the Syndication Lenders such that after the Effective Date the outstanding principal amount of Loans owed to each Lender shall be equal to such Lender's Commitment Percentage of the outstanding amount of all Loans.


More Definitions of Syndication Lenders

Syndication Lenders means the parties participating as Lenders in Syndication. Unless a contrary indication appears, a term defined in the Facilities Agreement has the same meaning when used in this letter. This letter is the Syndication Side Letter and is a Finance Document.

Related to Syndication Lenders

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Prepetition Lenders means the lenders from time to time party to the Prepetition Credit Agreements.

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.

  • Syndication Agents as defined in the preamble hereto.

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Lead Arrangers means X.X. Xxxxxx Securities LLC, Xxxxxxx Xxxxx Bank USA, Deutsche Bank Securities Inc., Barclays Bank PLC, Xxxxxx Xxxxxxx Senior Funding, Inc. and Credit Suisse Loan Funding LLC.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Arrangers as defined in the preamble hereto.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Co-Syndication Agents as defined in the preamble hereto.

  • Lead Arranger as defined in the preamble hereto.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Co-Syndication Agent has the meaning assigned to such term in the preamble hereto.

  • Majority Revolving Lenders at any time, (a) if only one Revolving Lender holds the Total Revolving Commitments at such time, such Revolving Lender, both before and after the termination of such Revolving Commitment; and (b) if more than one Revolving Lender holds the Total Revolving Commitment, at least two Revolving Lenders who hold more than 50% of the Total Revolving Commitments (including, without duplication, the L/C Commitments) or, at any time after the termination of the Revolving Commitments when such Revolving Commitments were held by more than one Revolving Lender, at least two Revolving Lenders who hold more than 50% of the Total Revolving Extensions of Credit then outstanding (including, without duplication, any L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans at such time)); provided that the Revolving Commitments of, and the portion of the Revolving Loans and participations in L/C Exposure and Swingline Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Majority Revolving Lenders; provided further that a Lender and its Affiliates shall be deemed one Lender.

  • Majority Revolving Credit Lenders means Revolving Credit --------------------------------- Lenders having at least 51% of the aggregate amount of the Revolving Credit Commitments or, if the Revolving Credit Commitments shall have terminated, Lenders holding at least 51% of the sum of (a) the aggregate unpaid principal amount of the Revolving Credit Loans plus (b) the aggregate amount of all Letter of Credit Liabilities.

  • Canadian Lenders means the financial institutions listed on the signature pages of the Canadian Credit Agreement and their respective successors and assigns.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.