Syndication Termination Date definition

Syndication Termination Date means the earlier of (x) 120 days after the Third Restatement Effective Date or (y) the date on which the Administrative Agent, in its sole discretion, determines (and notifies the Borrower) that the primary syndication (and the resultant addition of institutions as Banks pursuant to Section 12.04) has been completed.
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Syndication Termination Date means, (i) with respect to the Initial Term Loans, the earlier to occur of (a) the first date to occur after the Closing Date on which the Mandated Lead Arrangers and their Affiliates collectively hold less than 50% of the Term Loans and (b) April 13, 2017, and (ii) with respect to the Aleris Incremental Term Loans, the Aleris Syndication Termination Date.
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Syndication Termination Date means the date on which the Arrangers shall have informed the Company that the syndication contemplated by the four page letter dated as of November 21, 1997 signed by the Company, the Initial Lenders and the Arrangers has been completed.
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Examples of Syndication Termination Date in a sentence

  • The provisions of Sections 3, 5 and 8 and this Section 9 of this Commitment Letter will survive any termination or completion of the arrangements contemplated by this Commitment Letter or the Fee Letter, including without limitation whether or not the Loan Documents are executed and delivered and whether or not the Facilities are made available; provided Section 3 shall survive only until the Syndication Termination Date.

  • Notwithstanding anything to the contrary contained herein or in any other Loan Document, until the Syndication Termination Date, no Revolving Loan made as a LIBOR Rate Loan shall have an Interest Period greater than one (1) month.

  • For the avoidance of doubt, the Borrowers hereby acknowledge and agree that if, at any time on or prior to the Syndication Termination Date, any LIBOR Rate Loan must be prepaid or converted (in whole or in part) in connection with the syndication of the credit facilities provided hereunder on a day other than the last day of the Interest Period therefor, then such prepayment or conversion shall be subject to, and the Borrowers shall be required to pay any amounts required pursuant to, Section 10.4.


More Definitions of Syndication Termination Date

Syndication Termination Date means the earlier to occur of (i) ten (10) Business Days after the Closing Date or (ii) completion of primary syndication as determined by the Administrative Agent.
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Syndication Termination Date means the earliest to occur of:
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Related to Syndication Termination Date

  • Forbearance Termination Date means the sooner to occur of (a) 5:01 o'clock p.m. on December 28, 2016 and (b) the date on which the agreement to forbear terminates as provided in Section 4 of this Agreement.”

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Loan Termination Date means each day on which a deposit is made into the Collateral Account in respect of Terminated Loans.

  • Escrow Termination Date has the meaning set forth in Section 11.7.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).