Common use of Required Lenders Clause in Contracts

Required Lenders. As of any date, the Lenders holding at least Sixty-Six and 2/3rds (66 2/3%) percent of the outstanding principal amount due under the Note on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds (66 2/3%) percent of the Total Commitment.

Appears in 4 contracts

Samples: Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc), Loan Agreement (Cedar Shopping Centers Inc)

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Required Lenders. As of any date, the Lenders holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the outstanding principal amount due under of the Note Notes on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total Commitment.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Barnes Group Inc), Agreement (Barnes Group Inc), Assignment and Assumption (Barnes Group Inc)

Required Lenders. As of any date, the Lenders Lender(s) holding at least Sixty-Six and 2/3rds greater than fifty percent (66 2/350%) percent of the outstanding principal amount due under of the Note Revolving Credit Notes on such date; and if no such principal is outstanding, the Lenders Lender(s) whose aggregate Commitments constitute at least Sixty-Six and 2/3rds Commitment(s) constitute(s) greater than fifty percent (66 2/350%) percent of the Total Commitment.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Coach Inc), Revolving Credit Agreement (Coach Inc), Revolving Credit Agreement (Coach Inc)

Required Lenders. As of any date, the any three or more Lenders holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the outstanding aggregate principal amount due under of all of the Note on Loans outstanding as of such date; , and if no such principal is outstanding, the any three or more Lenders whose aggregate Commitments as of such date constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total CommitmentCommitment in effect as of such date.

Appears in 2 contracts

Samples: Revolving Credit Agreement (United States Cellular Corp), Revolving Credit Agreement (United States Cellular Corp)

Required Lenders. As of any date, the Lenders holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the outstanding principal amount due under of the Note Notes on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total Commitment; provided that the Commitment of, and the portion of the Total Commitments held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Barnes Group Inc), Assignment and Assumption (Barnes Group Inc)

Required Lenders. As of any date, the Lenders Lender holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the outstanding principal amount due under of the Note Notes on such date plus the unused portion of the Commitments on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total Commitment.

Appears in 2 contracts

Samples: Credit Agreement (Safety Insurance Group Inc), Revolving Credit Agreement (Safety Insurance Group Inc)

Required Lenders. As of any date, the any two or more Lenders holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the outstanding principal amount due under of the Note Loans on such datedate (including the unfunded portion of the Commitments); and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total Commitment.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement (Genesee & Wyoming Inc), Credit and Term Loan Agreement (Genesee & Wyoming Inc)

Required Lenders. As of any date, the Lenders Lender holding at least Sixty-Six and 2/3rds fifty one percent (66 2/351%) percent of the outstanding principal amount due under of the Note Revolving Credit Notes on such date; and if no such principal is outstanding, the Lenders Lender whose aggregate Commitments constitute constitutes at least Sixty-Six and 2/3rds fifty one percent (66 2/351%) percent of the Total Commitment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lifeline Systems Inc)

Required Lenders. As of any date, the Lenders holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the sum of the outstanding principal amount due under of the Note Loans on such datedate (excluding any participations of a Delinquent Lender); and if no such principal and/or participation is outstanding, the Lenders whose aggregate Commitments Commitment Amounts constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total Commitment.

Appears in 1 contract

Samples: Credit Agreement (Staples Inc)

Required Lenders. As of any date, the Lenders holding at least Sixtysixty-Six six and 2/3rds two thirds percent (66 2/3%) percent of the outstanding principal amount due under of the Note on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixtysixty-Six six and 2/3rds two thirds percent (66 2/3%) percent of the Total Commitment.

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

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Required Lenders. As of any date, the Lenders holding at least Sixtyfifty-Six and 2/3rds one ---------------- percent (66 2/351%) percent of the outstanding principal amount due under of the Note Revolving Credit Notes on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute constitutes at least Sixtyfifty-Six and 2/3rds one percent (66 2/351%) percent of the Total Commitment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Us Xpress Enterprises Inc)

Required Lenders. As of any date, the Lenders holding at least Sixtysixty-Six and 2/3rds one percent (66 2/361%) percent of the outstanding principal amount due under of the Note Notes on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixtysixty-Six and 2/3rds one percent (66 2/361%) percent of the Total Commitment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Barnes Group Inc)

Required Lenders. As of any date, the Lenders holding at least Sixty-Six and 2/3rds sixty percent (66 2/360%) percent of the outstanding principal amount due under of the Note Notes on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds sixty percent (66 2/360%) percent of the Total Commitment; provided, however, as long as there are only two (2) Lenders, Required Lenders shall require that both Lenders concur on any decision requiring Required Lenders’ consent.

Appears in 1 contract

Samples: Loan Agreement (Franklin Street Properties Corp /Ma/)

Required Lenders. As of any date, the Lenders holding at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the outstanding principal amount due under of the Note Revolving Credit Notes on such date; and if no such principal is outstanding, the Lenders whose aggregate Commitments constitute at least Sixty-Six and 2/3rds more than fifty percent (66 2/350%) percent of the Total Commitment.

Appears in 1 contract

Samples: Revolving Credit Agreement (Interpool Inc)

Required Lenders. As of any date, the any three or more Lenders holding at least Sixty------------------ more than fifty-Six and 2/3rds one percent (66 2/351%) percent of the outstanding principal amount due under of the Note Notes on such date; , and if no such principal is outstanding, the any three or more Lenders whose aggregate Commitments constitute at least Sixtymore than fifty-Six and 2/3rds one percent (66 2/351%) percent of the Total Commitment.

Appears in 1 contract

Samples: Revolving Credit Agreement (United States Cellular Corp)

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