Majority Supporting Noteholders definition

Majority Supporting Noteholders means, as of any date of determination, Supporting Noteholders who hold at least fifty-one percent (51%) in aggregate principal amount of the Senior Subordinated Notes held by all of the Supporting Noteholders.
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Majority Supporting Noteholders means the Supporting Noteholders holding in the aggregate at least 50.1% of the aggregate principal amount of the Notes held by the Supporting Noteholders.
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Majority Supporting Noteholders means Supporting Noteholders (or their permitted assigns) that hold in the aggregate not less than a majority of the aggregate principal amount of the Existing Notes which are Relevant Securities (as defined in the Noteholder Support Agreements) as at May 30, 2016;
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Examples of Majority Supporting Noteholders in a sentence

  • Except for Sections 2.3, 2.7, 8.1(a) and 9.3, which are intended to benefit, and to be enforceable by, the Majority Supporting Noteholders, this Agreement, together with the other Transaction Documents and the Exhibits and Schedules hereto and thereto are not intended to confer in or on behalf of any Person not a party to this Agreement (and their successors and assigns) any rights, benefits, causes of action or remedies with respect to the subject matter or any provision hereof.

  • This Agreement may not be amended except by an instrument in writing signed on behalf of each of the parties hereto, which amendment shall be made only with the prior written consent of the Majority Supporting Noteholders, such consent not to be unreasonably withheld, conditioned or delayed.

  • By an instrument in writing, Purchaser, on the one hand, or Seller, on the other hand, may waive compliance by the other with any term or provision of this Agreement that the other party was or is obligated to comply with or perform, which waiver shall be made only with the prior written consent of the Majority Supporting Noteholders, such consent not to be unreasonably withheld, conditioned or delayed.

  • The structure and method of the Acceptable Ocean Sale or the Ocean Business Hand Over, as the case may be, shall be subject to modification mutually agreeable to the Company, Sparrow, Southern Cross and the Majority Supporting Noteholders (in consultation with the IFC-OFID Lenders) to mitigate any tax and/or local law issues associated with such Acceptable Ocean Sale or Ocean Business Hand Over.


More Definitions of Majority Supporting Noteholders

Majority Supporting Noteholders shall have the meaning set forth in the Restructuring Support Agreement.
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Related to Majority Supporting Noteholders

  • Requisite Noteholders Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class.

  • Majority Noteholders means the Holders of Notes representing a majority of the principal balance of the most senior Class of Notes then outstanding; provided, that neither Holders of Notes who are employees or Affiliates of the Issuer, the Seller, the Servicer or General Motors Financial Company, Inc. nor the Notes held by such Holders shall be counted when calculating such majority of the related principal balance.

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

  • Controlling Noteholder Representative shall have the meaning assigned to such term in Section 6(a).

  • Requesting Noteholders shall have the meaning ascribed thereto in Section 12.01 of the Indenture.