Consenting Banks definition

Consenting Banks has the meaning set forth in Section 2.18(a).
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Consenting Banks is defined in the recitals.
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Consenting Banks means the Prepetition Banks that are signatories to the Restructuring Support Agreement.
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Examples of Consenting Banks in a sentence

  • Each Guarantor hereby ratifies and reaffirms: (i) the validity, legality and enforceability of its obligations under Article 9 of the Credit Agreement; (ii) that its reaffirmation of such obligations is a material inducement to the Administrative Agent and the Consenting Banks to enter into this Amendment; and (iii) that its obligations under Article 9 of the Credit Agreement shall remain in full force and effect in accordance with its terms until all the Guaranteed Obligations have been paid in full.

  • If a Consenting Bank shall have agreed to such Termination Date Extension Request in respect of Commitments held by them, then, subject to paragraph (c) of this Section, on the date specified in the Termination Date Extension Request as the effective date thereof (the “Extension Effective Date”), the Existing Termination Date of the applicable Commitments shall, as to the Consenting Banks, be extended to such date as shall be specified therein.

  • The Administrative Agent shall have received this Amendment duly executed by the Borrower, the Guarantors, the Administrative Agent and the Consenting Banks, and in sufficient copies for each Bank.

  • The Confirmation Order shall be a Final Order in form and substance acceptable to the Required Consenting Noteholders, the Required Consenting Banks and the Debtors.

  • One of the table columns describes op- tional content; but when this column appears it must be used as defined in this section.

  • The Plan and all documents contemplated thereby, including any amendments, modifications or supplements thereto, shall be acceptable to the Debtors, the Required Consenting Noteholders, the Required Consenting Banks and/or the Consenting Banks, as applicable, to the extent of their respective consent rights as provided in the Plan, and pursuant to the terms of, and in accordance with, the Restructuring Support Agreement.

  • A Confirmation Order shall have been entered by the Bankruptcy Court, in form and substance acceptable in all respects to the Required Consenting Noteholders, the Required Consenting Banks and the Debtors.

  • Unless otherwise agreed to in writing by the Required Consenting Noteholders, the Required Consenting Banks, and/or the Consenting Banks, as applicable, to the extent of their respective consent rights as provided in this Plan, the Debtors shall not have submitted any amendment, modification or filing seeking to amend or modify this Plan, the Disclosure Statement or any documents, motions or orders related to the foregoing.

  • The Debtors shall have resolved issues related to the provision of additional collateral to BOEM on terms acceptable to the Required Consenting Noteholders and the Required Consenting Banks.

  • As of the date hereof, Banks (the “Consenting Banks”) holding more than fifty percent (50%) of the aggregate amount of the Revolving Credit Commitments have approved the Extension Request and, subject to the satisfaction of the conditions precedent set forth in Article II, the Revolving Credit Period as to the Consenting Banks shall be extended to September 3, 2019.


More Definitions of Consenting Banks

Consenting Banks has the meaning set forth in Section 2.16(c) hereto.
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Consenting Banks shall have the meaning assigned to such term in Section 1.2(f).
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Consenting Banks has the meaning defined in Section 2.6.
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Related to Consenting Banks

  • Consenting Lenders has the meaning set forth in Section 2.21(b).

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Non-Consenting Lenders has the meaning specified in Section 3.07(d).

  • Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

  • Non-Consenting Bank means any Bank that does not approve any consent, waiver or amendment that (a) requires the approval of each Bank or each affected Banks in accordance with the terms of Section 10.05 and (b) has been approved by the Required Banks.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Exiting Lender see Section 2.17.7.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

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

  • Increasing Lenders shall have the meaning given to that term in Section 2.01(b)(i).

  • Extending Lenders has the meaning specified in Section 2.08.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

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

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Continuing Lenders as defined in the recitals hereto.

  • Augmenting Lender has the meaning assigned to such term in Section 2.20.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Existing bank means a savings bank, national banking association, or state chartered bank engaged in the business of banking prior to the consolidation under this section.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Participating Banks means the list of Banks as set out in Table 2 below.

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

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

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