Required Multicurrency Revolving Lenders definition

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

Examples of Required Multicurrency Revolving Lenders in a sentence

  • The performance frameworks may set outcomes such as program specific KPIs against which the project company’s performance is measured.

  • The registrant paid filing fees for the Unsold Securities in an aggregate amount of $10,560.

  • For purposes hereof, “Currency Valuation Notice” means a notice given by the Required Multicurrency Revolving Lenders to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Multicurrency Credit Exposure.


More Definitions of Required Multicurrency Revolving Lenders

Required Multicurrency Revolving Lenders means, at any time, the Multicurrency Revolving Lenders holding outstanding Multicurrency Revolving Credit Exposure and Unutilized Multicurrency Revolving Commitments (or, after the termination of the Multicurrency Revolving Commitments, outstanding Multicurrency Revolving Credit Exposure) representing at least a majority of the aggregate, at such time, of all outstanding Multicurrency Revolving Credit Exposure and Unutilized Multicurrency Revolving Commitments (or, after the termination of the Multicurrency Revolving Commitments, the aggregate at such time of all outstanding Multicurrency Revolving Credit Exposure); provided that the Multicurrency Revolving Commitment of, and the portion of the outstanding Multicurrency Revolving Credit Exposure held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Multicurrency Revolving Lenders.
Required Multicurrency Revolving Lenders. Required Term A Lenders,” “Required Term B Lenders” or “Required Term A-1 Lenders” without the written consent of each Lender under the applicable Facility;
Required Multicurrency Revolving Lenders means, at any date of determination, Multicurrency Revolving Lenders (excluding Defaulting Lenders) having more than 50% of the sum of all (i) outstanding Multicurrency Revolving Loans, (ii) LC Exposure and (iii) unused Multicurrency Revolving Commitments at such time; provided that the Multicurrency Revolving Loans, LC Exposure and unused Multicurrency Revolving Commitments of any Defaulting Lender shall be excluded for purposes of making a determination of the Required Multicurrency Revolving Lenders.
Required Multicurrency Revolving Lenders means, as of any date of determination, Multicurrency Revolving Lenders with Multicurrency Revolving Credit Commitments that total more than fifty percent (50%) of the Aggregate Multicurrency Revolving Credit Commitments or, at any time after the Aggregate Multicurrency Revolving Credit Commitments have been terminated, Multicurrency Revolving Lenders holding in the aggregate more than fifty percent (50%) of the Outstanding Amount of
Required Multicurrency Revolving Lenders means, as of any date of determination, Multicurrency Revolving Credit Lenders holding, as of such date, more than 50% of the sum of the (a) Total Multicurrency Revolving Credit Outstandings and (b) aggregate unused Multicurrency Revolving Credit Commitments; provided that the unused Multicurrency Revolving Credit Commitment of, and the portion of the Total Multicurrency Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Multicurrency Revolving Lenders.
Required Multicurrency Revolving Lenders means Multicurrency Revolving Lenders having more than 50% of the sum of the (a) total aggregate outstanding principal amount of Multicurrency Revolving Loans and L/C Obligations (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Lender for purposes of this definition), and (b) aggregate unused Multicurrency Revolving Credit Commitments; provided that the Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Multicurrency Revolving Lenders.
Required Multicurrency Revolving Lenders means, at any date of determination, Multicurrency Revolving Lenders (excluding Defaulting Lenders) having more than 50% of the sum of all (i) outstanding Multicurrency Revolving Loans, (ii) LC Exposure and(iii) unused Multicurrency Revolving Commitments at such time; provided that the Multicurrency Revolving Loans, LC Exposure and unused Multicurrency Revolving Commitments of any Defaulting Lender shall be excluded for purposes of making a determination of the Required Multicurrency Revolving Lenders.