Minority Lenders definition

Minority Lenders has the meaning provided in SECTION 9.02(c).

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Minority Lenders shall have the meaning given such term in Section 10.09(b).

Minority Lenders shall have the meaning set forth in Section 10.10(b).

Examples of Minority Lenders in a sentence

If, however, the Minority Lenders (or any Lender, in the event of a proposed increase of the Borrowing Base) notify Administrative Agent within such 15 days of their disapproval, Administrative Agent and the Required Lenders (or all Lenders, in the event of a proposed increase of the Borrowing Base) shall agree on a new Borrowing Base.
In the event Majority Lender decides to proceed with liquidation of the Collateral, Majority Lender shall act as Minority Lender's agent and agrees to liquidate the Collateral for the benefit of both Lenders.
The Springing Sections of the Security and Intercreditor Agreement shall become effective on the earliest to occur of (i) the Existing Arch Senior Note Termination Date, (ii) the Merger Effective Date and (iii) the request of the Administrative Agent pursuant to the direction of Minority Lenders.
Borrowers shall not be obligated to pay the Minority Lenders any early termination fee under Section 3.3(b) hereof or otherwise in connection with the payments to them under this Section 11.3(c).

More Definitions of Minority Lenders

Minority Lenders has the meaning provided therefor in Section 10.2(c).

Minority Lenders shall have the meaning given to that term in Section 10.03(b) hereof.

Minority Lenders means, as of any date of determination, Lenders holding more than 33-1/3% of the Total Credit Exposure at such time (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations being deemed “held” by such Lender for purposes of this definition). The unused Commitment of, and the Revolving Credit Exposure held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Minority Lenders.

Minority Lenders. Defined in Section 19.5.

Minority Lenders shall have the meaning given such term in Section 10.09. “Moody’s” shall mean ▇▇▇▇▇’▇ Investors Service, Inc.

Minority Lenders on any date of determination, Lenders under this Agreement having Tranche A Commitments (or, if no Tranche A Commitments are in effect, Tranche A Exposure), Tranche B Loans and Tranche C Loans aggregating not less than 40% of the sum of (i) the Aggregate Tranche A Commitments (or, if no Tranche A Commitments are in effect, Aggregate Tranche A Exposure), (ii) the aggregate outstanding principal balance of the Tranche B Loans, and (iii) the aggregate outstanding principal balance of the Tranche C Loans.

Minority Lenders has the meaning specified in Section 9.01.