Majority Consenting Creditors means, at any time, Consenting Creditors who hold an aggregate outstanding principal amount of more than 50% of the outstanding principal amount of the Notes held in aggregate by all Consenting Creditors at that time.
Majority Consenting Creditors means Consenting Creditors representing Supporting Claims with an aggregate principal amount of more than 50% of the Supporting Claims held in aggregate by the Consenting Creditors, provided that, to the extent that the Consenting Creditors include at least one Weighted Noteholder and at least one Weighted RCF Lender, such majority shall include at least one Weighted Noteholder and one Weighted RCF Lender.
Majority Consenting Creditors for the purpose of this Clause 16.2(e)(ii));
Examples of Majority Consenting Creditors in a sentence
New Notes Trustee To be appointed by the Majority Consenting Creditors Security Agent To be appointed by the Majority Consenting Creditors Amortization None Redemption Optional redemption NewCo may elect to purchase the New Notes, in whole or in part, at any time upon not less than 30 nor more than 60 days’ prior notice at a redemption price equal to 100% of their principal amount plus accrued and unpaid interest.
This Agreement may be terminated by the mutual written agreement of the Company and the Majority Consenting Creditors.
More Definitions of Majority Consenting Creditors
Majority Consenting Creditors means those Consenting Creditors holding a majority in dollar amount of the aggregate outstanding principal amount of the Secured Parties Claims held by all Consenting Creditors.
Majority Consenting Creditors means, at any time, Consenting Creditors who hold an aggregate outstanding principal amount of more than 50% of the outstanding principal amount of the Notes held in aggregate by the Consenting Creditors at the time.
Majority Consenting Creditors means, at any time, Consenting Creditors who hold (in aggregate) more than 50% of the outstanding principal amount of the Notes held (in aggregate) by all Consenting Creditors at that time.
Majority Consenting Creditors means the Lenders under the Facility Agreement and the Facility Agreement;
Majority Consenting Creditors means the Consenting Unsecured Creditors whose Locked-up Unsecured Debt in respect of the DOCA Companies, as calculated by the Administrators (acting reasonably), constitutes, in aggregate, greater than 50 per cent. of the Locked-up Unsecured Debt in respect of the DOCA Companies of all the Consenting Unsecured Creditors;
Majority Consenting Creditors means one or more Consenting Creditors who individually or collectively hold more than fifty percent (50%) of the total principal amount of the Existing Debt Obligations from time to time, provided that after the Consenting Creditors Consummation Date it shall mean one or more Consenting Creditors who individually or collectively held more than fifty percent (50%) of the total principal amount of the Existing Debt Obligations immediately prior to the Consenting Creditors Consummation Date.
Majority Consenting Creditors means persons holding a majority of the total principal amount of the Notes;