Required Revolving B Lenders means, at any date, any combination of Revolving B Lenders that hold more than fifty percent (50%) of the Aggregate Revolving B Commitment then in effect or, if the Aggregate Revolving B Commitment has been terminated, any combination of Revolving B Lenders who collectively hold more than fifty percent (50%) of the Aggregate Revolving B Credit Exposure, provided that the Revolving B Commitment of, and the portion of the Aggregate Revolving B Credit Exposure held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving B Lenders.
Required Revolving B Lenders means, at any time, Revolving B Lenders holding more than 50% of the Outstanding Amount of all Revolving B Loans and utilized Revolving B Commitments. The Revolving B Loans and Revolving B Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving B Lenders at any time.
Required Revolving B Lenders means, at any time, Lenders having at such time at least a majority of the sum of the aggregate Commitments B (or, if such Commitments are terminated, the sum of the outstanding Revolving B Loans) then in effect, ignoring, in such calculation, the amounts held by any Non-Funding Lender; provided, that, for purposes of determining Required Revolving B Lenders hereunder, the principal amount of Swing Loans (if any that may be refinanced with Revolving B Loans pursuant to Section 2.3) outstanding shall be deemed to be allocated among the Revolving B Lenders based on their respective Pro Rata Shares of Commitments B.
Examples of Required Revolving B Lenders in a sentence
Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving B Lenders, while any Event of Default exists, all Facility B Letter of Credit Fees shall accrue at the Default Rate.
Consolidated Net Income, Lenders comprising the Required Revolving B Lenders have delivered to the Administrative Agent written notice against such Required Revolving B Lenders object is such amendment.
More Definitions of Required Revolving B Lenders
Required Revolving B Lenders means, as of any date of determination, at least three Revolving B Lenders holding more than 50% of the sum of the (a) the unfunded Revolving B Commitments and the outstanding Revolving B Loans and (b) if the Revolving B Commitments have been terminated, the outstanding Revolving B Loans. The unfunded Revolving B Commitments of, and the outstanding Revolving B Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving B Lenders.
Required Revolving B Lenders means, as of any date of determination, Lenders holding at least a majority of the Revolving B Commitments or, if the Revolving B Commitments have been terminated or there are no Revolving B Commitments then outstanding, the outstanding Revolving B Loans; provided, however, that if any Revolving B Lender shall be a Defaulting Lender at such time, then there shall be excluded from the determination of Required Revolving B Lenders, Obligations owing to such Defaulting Lender and such Defaulting Lender’s Commitments.
Required Revolving B Lenders means, at any time, Revolving B Lenders having Total B Credit Exposures in the aggregate representing more than 50% of the Total B Credit Exposures of all Revolving B Lenders or, if the commitment of each Revolving B Lender to make Revolving B Credit Loans has been terminated pursuant to Section 8.02, Revolving B Lenders holding in the aggregate more than 50% of the Total B Outstandings (with the aggregate amount of each Revolving B Lender’s participation in Facility X X/C Obligations being deemed “held” by such Revolving B Lender for purposes of this computation). The Total B Credit Exposure of, and Total B Outstandings held by, any Defaulting Lender shall be disregarded in determining Required Revolving B Lenders at any time; provided that the amount of any participation in any Facility B Unreimbursed Amounts that such Defaulting Lender has failed to fund shall be deemed to be held by the applicable Facility X X/C Issuer in making such determination.
Required Revolving B Lenders means, at any time of determination, for the Class of Lenders having Revolving B Exposure, Lenders whose Percentage (calculated in accordance with clause (b) of the definition thereof), aggregate more than 50%.
Required Revolving B Lenders means, at any date, any combination of Revolving B Lenders that hold more than fifty percent (50%) of the Aggregate Revolving B Commitment then in effect or, if the Aggregate Revolving B Commitment has been terminated, any combination of Revolving B Lenders who collectively hold more than fifty percent (50%) of the Aggregate Revolving B Credit Exposure.
Required Revolving B Lenders means, at any time, (a) if there are two (2) or fewer Revolving B Lenders, all Revolving B Lenders and (b) if there are more than two (2) Revolving B Lenders, at least two (2) unaffiliated Revolving B Lenders having Total Revolving B Credit Exposure representing more than fifty percent (50%) of the Total Revolving B Credit Exposure. The Total Revolving B Credit Exposure of any Defaulting Lender shall be disregarded in determining Required Revolving B Lenders at any time.
Required Revolving B Lenders means, at any time, Revolving B Lenders having Total B Credit Exposures in the aggregate representing more than 50% of the Total B Credit Exposures of all Revolving B Lenders or, if the commitment of each Revolving B Lender to make Revolving B Credit Loans has been terminated pursuant to Section 8.02 , Revolving B Lenders holding in the aggregate more than 50% of the Total B Outstandings (with the aggregate amount of each Revolving B Lender’s participation in Facility B L/C Obligations being deemed “held” by such Revolving B Lender for purposes of this computation). The Total B Credit Exposure of, and Total B Outstandings held by, any Defaulting Lender shall be disregarded in determining Required Revolving B Lenders at any time; provided that the amount of any participation in any Facility B Unreimbursed Amounts that such Defaulting Lender has failed to fund shall be deemed to be held by the applicable Facility B L/C Issuer in making such determination.