Controlling Parties definition

Controlling Parties means (a) so long as any Senior Obligations are outstanding, the Senior Secured Parties and (b) after the Senior Obligations have been paid in full and so long as any Junior Lien Obligation remains outstanding, the Junior Secured Parties.
Controlling Parties means, prior to Payment In Full, the Required Lenders, and, thereafter, the Majority Holders.
Controlling Parties means controlling parties according to the Notification of the

Examples of Controlling Parties in a sentence

  • Subject to ongoing approval from the Controlling Parties, ODOT will provide trunked Radio Wireless Communications capabilities at this Site with microwave backhaul to the DC911 PSAP Site.

  • Under the terms of the Irrevocable Undertakings, the obligations of the respective Committed Shareholders are also irrevocably guaranteed by their respective Controlling Parties.

  • The Group was under the control of the Controlling Parties prior to and after the Reorganisation.

  • Bhd., a company ultimately controlled by the Ultimate Controlling Parties.

  • Xuanda Beijing was controlled by the Controlling Parties until August 2016.


More Definitions of Controlling Parties

Controlling Parties means if the party is a:
Controlling Parties means collectively The Baupost Group, L.L.C., AG Special Situations Corp. and Xxxxx X.
Controlling Parties means (a) in the case of the Credit Agreement, (i) until the Credit Agreement has been Refinanced in full, the “Controlling Party” under and as defined in the Credit Agreement and (ii) if the Credit Agreement has been Refinanced in full and the Loan Insurer is not guaranteeing or insuring any other Insured Debt, the administrative agent under any successor credit facility (subject to the requirements thereunder regarding majority or supermajority lender voting) and (b) in the case of any other Insured Debt, the “Controlling Party”, “Directing Party” or analogous entity in respect of such other Insured Debt.
Controlling Parties means, at any time:
Controlling Parties means (i) with respect to an Event of Default resulting only from the failure to make a required payment on the Class B-3 Notes, (a) Majority Holders of the Class B-1 Notes, the Class B-2 Notes and the Class B-3 Notes and (b) the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes, (ii) with respect to an Event of Default resulting only from the failure to make a required payment on the Class B-2 Notes and the Class B-3 Notes, (a) the Majority Holders of the Class B-1 Notes and the Class B-2 Notes and (b) the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes (iii) with respect to an Event of Default resulting only from the failure to make a required payment on the Class B-1 Notes, the Class B-2 Notes and the Class B-3 Notes, (a) the Majority Holders of the Class B-1 Notes and (b) the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes; and (iv) with respect to an Event of Default resulting from the failure to make a required payment on the Class A Notes, the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes.
Controlling Parties means, prior to the termination of all Commitments and the Discharge of Credit Agreement Obligations , the Required Lenders, and, thereafter, the Majority Holders.
Controlling Parties. At any time, the Lenders representing amounts in excess of 50.00% of Outstanding Funded Loans at such time.