Required Consenting Bank Lenders definition

Required Consenting Bank Lenders means, as of the relevant date, Consenting Bank Lenders that collectively hold at least 66 2/3% of First Lien Credit Facility Claims held by all such Consenting Bank Lenders.
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Required Consenting Bank Lenders means, as of the relevant date, (i) with respect to any consent, amendment, waiver, or other modification relating to the Bank Term Sheet, the Common Terms, the Amended and Restated Bank Facilities, or any Definitive Documents listed in Sections 3.01(a)(1) and (3) of the Restructuring Support Agreement (other than any Lender Matter), Consenting Bank Lenders holding at least 66.67% of the aggregate outstanding principal amount of Credit Agreement Claims held by Consenting Bank Lenders under each of the applicable affected Prepetition Credit Agreements, and (ii) except as otherwise set forth in specific Sections of the Restructuring Support Agreement, for all other purposes under the Restructuring Support Agreement (other than any Lender Matter), Consenting Bank Lenders holding 66.67% of the aggregate outstanding principal amount of Credit Agreement Claims held by all Consenting Bank Lenders at such time; provided, however, that any purpose relating to specific Amended and Restated Bank Facilities (other than any Lender Matter or with respect to any consent, amendment, waiver, or other modification relating to any matter set forth or reflected in the Bank Term Sheet or the Common Terms) shall require only the consent of the Consenting Bank Lenders holding at least 66.67% of the aggregate outstanding principal amount of Credit Agreement Claims held by Consenting Bank Lenders party to such facilities if such consent, amendment, waiver, or other modification does not materially adversely affect the Consenting Bank Lenders under the other Amended and Restated Bank Facilities; provided, further, that, with respect to clauses (i) and (ii) above, (a) if the proposed consent, amendment, waiver, or modification has a disproportionate, material adverse effect of the treatment or economic rights of a Consenting Bank Lender, then the consent of each such affected Consenting Bank Lender shall be required to effectuate such consent, amendment, waiver, or modification in accordance with Section 13 of the Restructuring Support Agreement; and (b) if any Consenting Bank Lender (other than a Consenting Bank Lender that is a member of the CoCom) fails to respond to such a request for a consent, waiver, amendment of or in relation to any of the terms of the Restructuring Support Agreement within ten (10) Business Days of that request being made (unless the Company Parties and the CoCom agree in writing to a longer period in relation to any such request), the outstanding principa...
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Examples of Required Consenting Bank Lenders in a sentence

  • All times for follow-up will remain calculated from start of RT in line with active surveillance pathway.

  • Required Consenting Bank Lenders has the meaning set forth in the Restructuring Support Agreement.

  • Exit Credit Facility Agreement means that certain credit agreement, dated as of the Effective Date (as the same may be amended, restated, amended and restated, supplemented, or otherwise modified from time to time in accordance with the terms thereof), containing terms consistent with the Exit Credit Facility Term Sheet and in form and substance satisfactory to the Required Consenting Noteholders and the Required Consenting Bank Lenders.

  • The RSA contains certain provisions that give the Required Consenting Noteholders, the Required Consenting Bank Lenders (as defined in the RSA), the Required Consenting Crossholders (as defined in the RSA), and the Required Consenting Non-Crossholders (as defined in the RSA) the ability to terminate the RSA if various conditions are not satisfied.

  • This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual written agreement among all of the following: (a) the Required Consenting Noteholders; (b) the Required Consenting Bank Lenders; and (c) the Company Parties.

Related to Required Consenting Bank Lenders

  • Consenting Lenders has the meaning set forth in Section 2.21(b).

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

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

  • 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.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

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

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

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Continuing Lenders as defined in the recitals hereto.

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

  • Exiting Lender see Section 2.17.7.

  • 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.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Extending Lenders has the meaning specified in Section 2.08.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • Increasing Lenders shall have the meaning given to that term in Section 2.01(b)(i).

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Lender Consent means any lender consent delivered by a Lender on the Closing Date in the form of Exhibit 4.1(a).

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

  • Requisite Revolving Lenders means Lenders having (a) more than 50% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 50% of the aggregate outstanding amount of the Revolving Loan.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.