Required Incremental Lenders definition

Required Incremental Lenders means, at any time, with respect to Incremental Lenders of any Series, Incremental Lenders of such Series having Incremental Loan Exposures and unused Incremental Loan Commitments of such Series representing more than 50% of the total Incremental Loan Exposures of such Series and unused Incremental Loan Commitments of such Series at such time.

Required Incremental Lenders means, as of any date of determination, with respect to any Incremental Facility, Lenders holding more than 50% of such Incremental Facility on such date, provided that the portion of such Incremental Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Incremental Lenders.

Required Incremental Lenders at any time for any series of Incremental Term Loans, Lenders holding more than 50% of the aggregate unpaid principal amount of such series of Incremental Term Loans then outstanding.

Examples of Required Incremental Lenders in a sentence

• The Administrative Agent shall not be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders or, if provided herein, with the consent or at the request of the Required Revolving Credit Lenders or Required Incremental Lenders of any Class, or in the absence of its own gross negligence or willful misconduct.

• This Amendment may be amended, modified or supplemented only by a writing signed by the Administrative Agent, the Required Incremental Lenders (as defined below) and the Borrower; provided that any amendment or modification that would require the consent of all Lenders or all affected Lenders if made under the Credit Agreement shall require the consent of all Incremental Term Lenders or all affected Incremental Term Lenders, as applicable.

More Definitions of Required Incremental Lenders

Required Incremental Lenders means, at any time, Incremental Lenders having Incremental Loans and unused Incremental Commitments representing more than 50% of the sum of the outstanding Incremental Loans and unused Incremental Commitments at such time. For purposes of this definition, the Incremental Loans and unused Incremental Commitments of any Affiliated Lender or Defaulting Lender shall be disregarded in determining the Required Incremental Lenders at any time.

Required Incremental Lenders means, at any time, Incremental Loan Lenders the sum of whose outstanding Incremental Loans at such time represents at least a majority of the sum of all outstanding Incremental Loans of all the Incremental Loan Lenders.”

Required Incremental Lenders. “Required Lenders”, “Required Revolving Lenders”, “Required Tranche B Term Lenders” and Section 9.08. 117

Required Incremental Lenders means Lenders having outstanding Incremental Term Loans representing more than 50% of the total outstanding Incremental Term Loans at such time.

Required Incremental Lenders means the holders of more than 50% of the sum of the aggregate unpaid principal amount of the Incremental Term Loans made pursuant to this Amendment then outstanding.