Required Consenting Term Loan Lenders definition

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders comprising not fewer than three (3) unaffiliated Consenting Term Loan Lenders holding at least 66.67% of the aggregate outstanding principal amount of Term Loans that are held by Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, one or more Consenting Term Loan Lenders that individually or collectively hold more than 50% of the aggregate outstanding principal amount of Term Loans that are held by all Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means Consenting Creditors holding greater than 50% of the aggregate principal amount of the 2017 Term Loan Claims held by all Consenting Creditors.

Examples of Required Consenting Term Loan Lenders in a sentence

• The salamander assemblage in Rockhouse Creek scored a 6.7 on the SPAR compared to a perfect 10 of White Oak Branch.

• DelDOT’s DBE Subcontract spend shows an 11% increase over the same period last year.

• After this test, the equipment is usually moved into a postal facility to prepare for the First Article Test.2. First Article Test and Customer Acceptance Test — The date or time frame during which the first sample of purchased equipment or software is placed and tested for functionality, quality, and compliance with contract specifications.

• Each Intercompany Claim shall be, at the option of the Debtors and the Required Consenting Term Loan Lenders, setoff, contributed, distributed, compromised, settled, Reinstated, canceled and released without any distribution, or otherwise addressed in a manner determined by the Debtors and the Required Consenting Term Loan Lenders.

• The conditions to Confirmation and Consummation set forth in this Article IX may be waived by the Debtors only with the prior written consent of the Required Consenting Term Loan Lenders, the DIP ABL Agent, and the ABL Agent (email shall suffice), without notice, leave, or order of the Bankruptcy Court or any formal action other than proceedings to confirm or consummate the Plan.

More Definitions of Required Consenting Term Loan Lenders

Required Consenting Term Loan Lenders means the Consenting Term Loan Lenders who hold, in the aggregate, at least 66.67 percent in principal amount outstanding of all Term Loan Claims held by Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term

Required Consenting Term Loan Lenders means, as of the relevant date, (i) if the members of the Term Lender Committee collectively hold at least thirty-five percent (35%) of the aggregate principal amount of the Term Loans, two or more Consenting Term Loan Lenders that are members of the Term Lender Committee holding at least fifty and 1/100 percent (50.01%) of the aggregate principal amount of the Term Loans that are held by all Consenting Term Loan Lenders that are members of the Term Lender Committee or (ii) if the members of the Term Lender Committee collectively hold less than thirty-five percent (35%) of the aggregate principal amount of the Term Loans, the Consenting Term Loan Lenders holding at least fifty and 1/100 percent (50.01%) of the aggregate principal amount of Term Loans held by all Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders holding at least 50.01% of the aggregate outstanding principal amount of Secured Notes that are held by Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, one or more

Required Consenting Term Loan Lenders means each of the Consenting Term Loan Lenders; provided, that in the event that any of the Consenting Term Loan Lenders transfers some, but not all, of its interests in the Term Loan Claims to an unaffiliated Entity, Required Consenting Term Loan Lenders shall mean Consenting Term Loan Lenders holding at least 50.01% of the aggregate outstanding principal amount of Term Loans that are held by the Consenting Term Loan Lenders plus each of the Consenting Term Loan Lenders party to the RSA as of the Agreement Effective Date (as defined in the RSA) that remains party to the RSA following such transfer.

Required Consenting Term Loan Lenders means, as of the relevant date, (i) Consenting Term Loan Lenders on the Term Loan Steering Committee (a) holding at least 50.01% of the aggregate outstanding principal amount of the Term Loans that are held by the Term Loan Steering Committee and (b) comprising at least a majority of the unaffiliated Consenting Term Loan Lenders on the Term Loan Steering Committee; or, (ii) if such threshold is not met, no fewer than five (5) unaffiliated Consenting Term Loan Lenders together holding at least 50.01% of the aggregate outstanding principal amount of the Term Loans that are held by Consenting Term Loan Lenders.