Required Prepayment Lenders definition

Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.
Required Prepayment Lenders means, at any time, the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans at such time (subject to the last paragraph of Section 9.08(b)).
Required Prepayment Lenders means, at any time, the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans outstanding at such time (subject to the last paragraph of Section 9.08(b)).

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).


More Definitions of Required Prepayment Lenders

Required Prepayment Lenders the holders of more than 50% of the aggregate unpaid principal amount of the Tranche A Term Loans and the Tranche B Term Loans.
Required Prepayment Lenders the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans; provided that in determining Required Prepayment Lenders at any time, the Term Loans of each Defaulting Lender and each Affiliate Lender (other than any Debt Fund Affiliate) shall be disregarded.
Required Prepayment Lenders. (a) while any Term Loans are outstanding, the Majority Facility Lenders in respect of the Term Loan Facility and (b) thereafter, the Majority Revolving Credit Facility Lenders.
Required Prepayment Lenders the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans; provided, however, that determinations of the “Required Prepayment Lenders” shall exclude any Term Loans held by the Carlyle Fund, Parent, any subsidiary of Parent or Defaulting Lenders.
Required Prepayment Lenders means the Majority Facility Lenders in respect of each Facility.
Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility (with the Tranche B Term Facility and the Incremental Term Facility being treated for this purpose as a single Facility).