Loan Modification Offer definition

Loan Modification Offer has the meaning specified in Section 2.24(a).
Loan Modification Offer has the meaning specified in Section 11.01.
Loan Modification Offer shall have the meaning assigned to such term in Section 11.02(g).

Examples of Loan Modification Offer in a sentence

  • Permitted Amendments shall become effective only with respect to the Loans and Commitments of the Lenders of the Affected Class that accept the applicable Loan Modification Offer (such Lenders, the “Accepting Lenders”) and, in the case of any Accepting Lender, only with respect to such Lxxxxx’s Loans and Commitments of such Affected Class as to which such Lxxxxx’s acceptance has been made.


More Definitions of Loan Modification Offer

Loan Modification Offer as defined in Section 10.1.
Loan Modification Offer has the meaning assigned to that term in Section 2.9A.
Loan Modification Offer shall have the meaning provided in Section 2.15(a).
Loan Modification Offer means any Term Loan Extension Request or Revolving Credit Extension Request. “Loan Parties” means Holdings, the Borrower and the Subsidiary Loan Parties. “Loans” means the loans made by the Lenders to the Borrower pursuant to this Agreement. “Losses” has the meaning assigned to such term in Section 9.03(b). “LTV Ratio” means, on any date of determination, the ratio of (a) Consolidated Total Net Debt as of the last day of the Test Period most recently ended on or prior to such determination to (b) the Contract Asset Balance as of the last day of such Test Period. “Majority in Interest” when used in reference to Lenders of any Class, means, at any time, (a) in the case of the Revolving Lenders, Lenders having Revolving Exposures and unused Revolving Commitments representing more than 50% of the sum of the aggregate Revolving Exposures and the unused aggregate Revolving Commitments at such time, (b) in the case of Lenders with Other Revolving Commitments, Lenders holding Other Revolving Commitments representing more than 50% of the sum of the aggregate Other Revolving Commitments of such Lenders in such Class, (c) in the case of Lenders with Replacement Revolving Commitments, Lenders holding Replacement Revolving Commitments representing more than 50% of the sum of the aggregate Replacement Revolving Commitment of such Class and (d) in the case of the Term Lenders of any Class, Lenders holding outstanding Term Loans of such Class representing more than 50% of all Term Loans of such Class outstanding at such time; provided that whenever there are one or more Defaulting Lenders, the total outstanding Term Loans, Revolving Exposures and unused Revolving Commitments, Replacement Revolving Commitments or Other Revolving Commitments of each Defaulting Lender shall be excluded for purposes of making a determination of the Majority in Interest. 57 US-DOCS\115047431.4
Loan Modification Offer shall have the meaning assigned to such term in Section 5.16(a).
Loan Modification Offer has the meaning specified in Section 2.16(a). “Loan Notice” means a notice of (a) a Borrowing of Loans, (b) a conversion of Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, in each case pursuant to Section 2.02(a), which shall be substantially in the form of Exhibit A or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower. “London Banking Day” means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market. “Maintenance Leverage Ratio” has the meaning specified in Section 7.05(a). “Margin Stock” shall have the meaning assigned to such term in Regulation U issued by the FRB. “Material Adverse Effect” means a materially adverse effect on the financial condition, results of operations or business of the Borrower and the Subsidiaries, taken as a whole.; provided, that during the period from the 2020 Amendment Effective Date through and including March 31, 2021, the impacts of the Coronavirus Disease 2019 (“COVID-19”), the declaration on March 13, 2020 of the national emergency relating to COVID-19, and related legislative, regulatory and execution actions on the financial conditions, results of operations or business of the Borrower and the Subsidiaries will be disregarded from any determination of “Material Adverse Effect”. “Material Indebtedness” means Indebtedness (other than the Loans), or obligations in respect of any Hedging Agreement, of the Borrower or any of the Subsidiaries in a principal amount exceeding $100,000,000. For purposes of determining Material Indebtedness, the “principal amount” of the obligations of the Borrower or any Subsidiary in respect of any Hedging Agreement at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or such Subsidiary would be required to pay if such Hedging Agreement were terminated at such time. “Material Subsidiary” means and includes, at any time, any Subsidiary, except Subsidiaries which, if aggregated and considered as a single Subsidiary, would not meet the definition of asignificant subsidiary” contained as of the date hereof in Regulation S-X of the Securities and Exchange Commission. “Maturity Date” means (i) with respect to any Lender that h...