First Lien Required Lenders definition

First Lien Required Lenders means the “Required Lenders” under, and as defined in, the First-Lien Credit Agreement.
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First Lien Required Lenders means the “Majority Lenders”, as defined in the First Lien Credit Agreement.
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First Lien Required Lenders means the Required Lenders as such term is defined in the First Lien Credit Agreement, as such is amended, modified, supplemented or restated from time to time in accordance with the terms thereof and hereof.
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Examples of First Lien Required Lenders in a sentence

  • Each of the conditions set forth in Articles 10.1 and 10.2 above, other than as set forth in Articles 10.1(d) and 10.2(a), may be waived in whole or in part by the Debtors with the consent of the DIP Agent and First Lien Agent, acting at the direction of the DIP Required Lenders and First Lien Required Lenders, respectively, without notice, leave or other order of the Bankruptcy Court or any formal action other than proceedings to consummate the Plan.

  • The Debtors reserve the right to include any amended exhibits in the Plan Supplement, whereupon each such amended exhibit shall be deemed substituted for the original of such exhibit, each in form and substance acceptable to the DIP Agent and First Lien Agent, acting at the direction of the DIP Required Lenders and First Lien Required Lenders, respectively.

  • The Debtors may amend or modify this Plan at any time prior to the Confirmation Date, with the consent of the DIP Agent and First Lien Agent, acting at the direction of the DIP Required Lenders and First Lien Required Lenders, respectively.

  • After the Effective Date, such right shall transfer to the Reorganized Debtors (with the consent of the DIP Agent and First Lien Agent, acting at the direction of the DIP Required Lenders and First Lien Required Lenders, respectively) and no Bankruptcy Court approval of any such action, compromise or settlement shall be required.

  • Pursuant to Federal Rule of Bankruptcy Procedure 9019(a), each of the Debtors or Reorganized Debtors (with the consent of the DIP Agent and First Lien Agent, acting at the direction of the DIP Required Lenders and First Lien Required Lenders, respectively) may compromise and settle various Claims against it and/or claims it may have against other Entities.

  • Until the date upon which the Discharge of First Lien Obligations shall have occurred, the Second Lien Agent, on behalf of itself and the Second Lien Lenders, agrees that none of them shall seek relief from the automatic stay or any other stay in any Insolvency or Liquidation Proceeding in respect of any Common Collateral, without the prior written consent of the First Lien Agent and the First Lien Required Lenders.

  • The Administrative Expense Bar Date may be extended by the Debtors prior to the Effective Date and by Reorganized Remora Operating after the Effective Date, in each case with the consent of the DIP Agent and the First Lien Agent, acting at the direction of the DIP Required Lenders and the First Lien Required Lenders, respectively.

  • The Debtors reserve the right, subject to the consent of the First Lien Agent and DIP Agent, acting at the direction of the DIP Required Lenders and First Lien Required Lenders, respectively, to revoke or withdraw this Plan at any time prior to the Confirmation Date and to file other plans of reorganization.


More Definitions of First Lien Required Lenders

First Lien Required Lenders means “Required Lenders” as defined in the Prepetition First Lien Credit Agreement.
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First Lien Required Lenders means with respect to any amendment or modification of the First Lien Financing Agreement or this Agreement, or any termination or waiver of any provision of the First Lien Financing Agreement or this Agreement, or any consent or departure by the First Lien Borrower or the First Lien Guarantors, as the case may be, therefrom (in each case exclusive of any such modification, waiver, consent, etc., which is permitted to be effected by the First Lien Administrative Agent and the First Lien Borrower without further approval or consent of any First Lien Lenders), those First Lien Lenders, the approval of which is required pursuant to the First Lien Financing Agreement to approve such amendment or modification, termination or waiver or consent or departure.
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First Lien Required Lenders means the Required Lenders under (and as defined in) the First Lien Credit Agreement.
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First Lien Required Lenders means “Required Lenders” as defined in the First Lien Credit Agreement, and with respect to any Other First Lien Obligations Documents, the Other First Lien Obligations Creditors in respect thereof the approval of which is required to approve an amendment or modification of, termination or waiver of any provision of, or consent to any departure from such Other First Lien Obligations Documents (or would be required to effect such consent under this Agreement if such consent were treated as an amendment of such Other First Lien Obligations Documents).
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First Lien Required Lenders shall have the meaning assigned to the term "Required Lenders" in the First Lien Credit Agreement.
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First Lien Required Lenders. Has the meaning given to the term “Required Lenders” in the First Lien Credit Agreement.
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Related to First Lien Required Lenders

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

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

  • 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 Lenders means, at any time, Lenders having Revolving Credit Exposures and unused Commitments representing more than 50% of the sum of the total Revolving Credit Exposures and unused Commitments at such time.

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

  • 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.

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

  • Requisite Lenders means Lenders having (a) more than 50% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Loans.

  • 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.

  • First Lien Credit Agreement has the meaning set forth in the Recitals to this Agreement.

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

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • 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.

  • Supermajority Lenders means, at any time, Lenders having Credit Exposure and unused Commitments representing at least 66 2/3% of the sum of the total Credit Exposure and unused Commitments at such time.

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

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Revolving Facility Lender means a Lender (including an Incremental Revolving Facility Lender) with a Revolving Facility Commitment or with outstanding Revolving Facility Loans.

  • DIP Lender means a lender under the DIP Facility.

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Effective Date, among Holdings, the Borrowers, the lenders party thereto and Deutsche Bank AG New York Branch, as administrative agent and collateral agent.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

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

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • DIP means debtor-in-possession.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.