Majority Participants definition

Majority Participants means the Holder(s) of more than 50% of the Outstanding VMTP Shares.

Majority Participants means the Holder(s) of more than 50% of the Outstanding New VMTP Shares.

Majority Participants means the Holder(s) of more than 50% of the Outstanding MFP Shares.

Examples of Majority Participants in a sentence

• In such event, the replacement index initially approved by the Board of Trustees shall be the index in effect for purposes of the Statement until a new index has been approved by the Issuer and the Majority Participants.

• In such event, the replacement index initially approved by the Board of Trustees shall be the index in effect forpurposes of the Statement until a new index has been approved by the Issuer and the Majority Participants.

• Only upon the receipt of, and only in accordance with, the written instruction of the Majority Participants, will the Collateral Agent exercise any right, power, authority or discretion granted to it under this Agreement.

• In such event, the Replacement initially approved by the Board of Trustees shall be the replacement to the SIFMA Municipal Swap Index in effect for purposes of the Variable Rate Mode Supplement until a new replacement to the SIFMA Municipal Swap Index has been approved by the Fund and the Majority Participants.

• Any term of this Agreement may be amended or waived only by the written agreement of the Grantor and the Collateral Agent acting upon the instruction of the Majority Participants.

More Definitions of Majority Participants

Majority Participants means the Holder(s) of more than 50% of the Outstanding Series 1 VRDP Shares.

Majority Participants shall have the meaning provided in Section 12.04(a).

Majority Participants means (a) at any time the aggregate Outstanding Lease Amount is greater than $0, Participants whose aggregate Outstanding Participation Amounts equal or exceed fifty percent (50%) of the aggregate Outstanding Lease Amount at such time and (b) at any time the aggregate Outstanding Lease Amount is $0, Participants whose Proportionate Shares equal or exceed fifty percent (50%).

Majority Participants for purposes of this Section 12.04 shall mean, with respect to each Bank, at any time participants of such Bank participating in at least 51% of the aggregate principal amount of Loans made by such Bank and outstanding at such time, or if no such Loans are outstanding at such time, participants of such Bank participating in at least 51% of the Commitment of such Bank at such time. In the case of any such participation, the participant shall not constitute a "Bank" hereunder and shall not have any rights under this Agreement or any of the other Credit Documents (the participant's rights against any Bank in respect of such participation to be those set forth in the agreement executed by such Bank in favor of the participant relating thereto) and all amounts payable by the Borrower hereunder shall be determined as if such Bank had not sold such participation, except that the participant shall be entitled to the benefits of Section 2.07 or 4.04 of this Agreement to the extent that such Bank would be entitled to such benefits if the participation had not been transferred, granted or assigned.

Majority Participants means Participants whose aggregate Commitments are more than two thirds of the total of the Commitments. MARGIN means 2.50% per annum.

Majority Participants means, at any time, Participants:

Majority Participants means at any time, a majority by value of participants who have the right to vote and who vote on any issue on which they have a right to vote with whom the Relevant Affiliate has entered into participation or similar agreements in relation to any loan or commitment made pursuant to the Credit Agreement and whose participations or similar arrangements are outstanding at such time and, for this purpose, the Relevant Affiliate shall be deemed to be a participant to the extent of any loan or commitment made pursuant to the Credit Agreement which it has (i) not participated or