Minimum Consenting Lenders definition

Minimum Consenting Lenders means, at any time, Lenders having outstanding Loans and unused Commitments that, taken together, represent more than 50% of the sum of all outstanding Loans and unused Commitments at such time. The Loans and unused Commitment of any Defaulting Lender shall be disregarded in determining the Minimum Consenting Lenders at any time.

Examples of Minimum Consenting Lenders in a sentence

  • This Agreement may not be amended nor may any provision hereof be waived except pursuant to a writing signed by the Administrative Agent, the Borrower and the Minimum Consenting Lenders.

Related to Minimum Consenting Lenders

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Non-Consenting Lenders has the meaning specified in Section 3.07(d).

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Non-Consenting Lender means any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 11.01 and (b) has been approved by the Required Lenders.

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Extending Lenders has the meaning specified in Section 2.08.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Continuing Lenders as defined in the recitals hereto.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Non-Consenting Bank means any Bank that does not approve any consent, waiver or amendment that (a) requires the approval of each Bank or each affected Banks in accordance with the terms of Section 10.05 and (b) has been approved by the Required Banks.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Requisite Revolving Lenders means Lenders having (a) more than 66 2/3% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Revolving Loan.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Revolving Commitments has the meaning specified in Section 2.14(a).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).