Required Term A-1 Lenders definition

Required Term A-1 Lenders means, as of any date of determination, Term A-1 Lenders holding more than 50% of the Outstanding Amount of the Term A-1 Facility on such date; provided that the portion of the Term A-1 Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A-1 Lenders.
Required Term A-1 Lenders means, as of any date of determination, Term A-1 Lenders holding more than 50% of the Term A-1 Facility on such date; provided that the portion of the Term A-1 Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A-1 Lenders.
Required Term A-1 Lenders means, as of any date of determination, Term A-1 Lenders having Total Term A-1 Loan Exposure representing more than 50% of the Total Term A-1 Loan Exposure of all Term A-1 Lenders on such date; provided that the portion of the Term A-1 Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A-1 Lenders.

Examples of Required Term A-1 Lenders in a sentence

  • Such Defaulting Lender's right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in Section 10.01 and in the definition of "Required Lenders", "Required Revolving Lenders", "Required Term A-1 Lenders", "Required Term A-2 Lenders", "Required Term B Lenders" and "Required Performance Letter of Credit Lenders".

  • The low interest rate environment will make it difficult to place surplus funds without a cost of carry to the council and it is therefore appropriate at this time to remain under borrowed and minimise the cost of holding funds until they are required.


More Definitions of Required Term A-1 Lenders

Required Term A-1 Lenders means at any time, Term A-1 Lenders holding in the aggregate more than 50% of the aggregate outstanding principal amount of all Term A-1 Loans and Term A-1 Commitments.
Required Term A-1 Lenders means, as of any date of determination, Term A-1 Lenders having Total Term A-1 Loan Exposures representing more than 50% of the Total Term A-1 Loan Exposures of all Term A-1 Lenders. The Total Term A-1 Loan Exposure of any Defaulting Lender shall be disregarded in determining Required Term A-1 Lenders at any time.
Required Term A-1 Lenders. Required Term A-2 Lenders” or ‘Required Term B Lenders” without the written consent of each Lender under the applicable Facility;
Required Term A-1 Lenders without the written consent of each Lender under the applicable Facility;
Required Term A-1 Lenders means, as of any date of determination, Lenders holding in the aggregate more than fifty percent (50%) of the sum of (a) the Total Term A-1 Outstandings, plus (b) the aggregate unused Term A-1 Commitments; provided, that, the unused Term A-1 Commitments of, and the portion of the Total Term A-1 Outstandings held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A-1 Lenders.
Required Term A-1 Lenders means, as of any date of determination, Term A-1 Lenders having Total Term A-1 Loan Exposure representing more
Required Term A-1 Lenders as of any date of determination, Term A-1 Lenders holding more than 50% of the sum of the total outstanding Term A-1 Loans on such date; provided that the portion of Term A-1 Loans held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A-1 Lenders.