Examples of Required Prepayment Lenders in a sentence
The provisions of this Section do not constitute a consent to the consummation of any Disposition not permitted by Section 7.5. (c) Unless the Required Prepayment Lenders shall otherwise agree, if, for any fiscal year of the Borrower commencing with the fiscal year ending December 31, 2003, there shall be Excess Cash Flow, then, on the relevant Excess Cash Flow Application Date, the Loans shall be prepaid by an amount equal to 50% of such Excess Cash Flow, as set forth in Section 2.11(e).
The definition of "Required Prepayment Lenders" in subsection 1.1 of the Credit Agreement is hereby amended by deleting the word "the" prior to the words "Term Facility" and inserting in lieu thereof the word "each".
The Administrative Agent shall have received a Lender Consent Letter, substantially in the form of Exhibit B hereto, duly executed and delivered by the Required Lenders and, solely with respect to the amendments to Section 2.10, the Required Prepayment Lenders (in each case, as defined in the Existing Credit Agreement).
It is understood that the changes made to Section 2.9(b) of the Existing Credit Agreement pursuant to this Agreement require the consent of the Required Prepayment Lenders and shall be removed from the final Execution Copy of this Agreement if such consent is not obtained.
Unless the Required Prepayment Lenders shall otherwise agree, if any Indebtedness shall be incurred by the Borrower or any of its Restricted Subsidiaries (excluding any Indebtedness incurred in accordance with Section 7.2 as in effect on the date of this Agreement), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans and the reduction of Revolving Credit Commitments as set forth in Section 2.10(e).