Majority Tranche A Lenders definition

Majority Tranche A Lenders means, at any time, Tranche A Lenders whose Tranche A Commitments (or, after the Tranche A Commitments have terminated, the sum of such Tranche A Lenders’ Applicable Percentages of the Tranche A L/C Obligations at such time) represent an amount greater than 50% of the aggregate Tranche A Commitments (or after termination thereof, the Tranche A L/C Obligations at such time).

Majority Tranche A Lenders means Tranche A Lenders having at least 51% of the Tranche A Commitments;

Majority Tranche A Lenders or “Majority Tranche B Lenders” or any other provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder, without the written consent of each Lender directly affected thereby; or

Examples of Majority Tranche A Lenders in a sentence

• Notwithstanding any contrary provision hereof, if an Event of Default has occurred and is continuing, and upon the request of the Majority Tranche A Lenders, (i) no outstanding Borrowing may be converted to or continued as a Eurodollar Tranche A Loan and (ii) unless repaid, each Eurodollar Tranche A Loan shall be converted to an ABR Tranche A Loan at the end of the Interest Period applicable thereto.

• All postpetition intercompany liens of the Obligors, if any (other than any liens securing the DIP Obligations), will be contractually subordinated to the DIP Liens and the DIP Obligations on terms satisfactory to the DIP Agents (at the direction of the Majority Tranche A Lenders until such time as the Tranche A DIP Obligations have been satisfied in full, and then the Majority Tranche C Lenders).

More Definitions of Majority Tranche A Lenders

Majority Tranche A Lenders means Tranche A Lenders holding at -------------------------- least 51% of the aggregate outstanding principal amount of the Tranche A Term Loans or, if the Tranche A Term Loans shall not have been made, at least 51% of the Tranche A Term Loan Commitments.

Majority Tranche A Lenders without the consent of all the Tranche A Lenders;

Majority Tranche A Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the undrawn Tranche A Commitments at such date and (ii) outstanding principal amount of the Tranche A Loans (excluding Tranche A Loans held by Defaulting Lenders) at such date.

Majority Tranche A Lenders means Tranche A Banks and Tranche A Lender Groups holding greater than 50% of the Tranche A Obligations."

Majority Tranche A Lenders at any time, Tranche A Lenders the then aggregate Lender's Percentages of which are more than 50%.

Majority Tranche A Lenders means Tranche A Lenders whose Pro Rata Shares, taken in the aggregate, represent at least 51% of the Tranche A Total Commitment.

Majority Tranche A Lenders means, at any time, those Tranche A Non-Delinquent Lenders having Tranche A Loan Commitments, the outstanding plus undisbursed principal amounts of which aggregate at least a majority of the aggregate outstanding plus undisbursed principal amount of the Tranche A Loan Commitments of all Tranche A Non-Delinquent Lenders; provided, however, that during the existence of an Event of Default, the "Majority Tranche A Lenders" shall be those Tranche A Non-Delinquent Lenders having Tranche A Loan Commitments, the outstanding principal amounts of which aggregate at least a majority of the aggregate outstanding principal amount of the Tranche A Loan Commitments of all Tranche A Non-Delinquent Lenders.