Examples of Required Term A Lenders in a sentence
The terms “Lenders”, “Required Revolving Loan Lenders”, “Required Term A Lenders”, “Required Term B Lenders”, “Required Lenders” or any similar terms shall, unless the context clearly otherwise indicates, include each Agent in its individual capacity as a Lender or one of the Required Revolving Loan Lenders, the Required Term A Lenders, the Required Term B Lenders or the Required Lenders.
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 the definitions of Required Lenders, Required Term A Lenders, Required Term B Lenders, Required Pro Rata Lenders or Required Revolving Lenders.
The provisions of this Section 7.11 are for the sole benefit of the Revolving Lenders and the Term A Lenders only and only the Required Revolving Lenders and Required Term A Lenders may amend, waive or otherwise modify this Section 7.11 or the defined terms used solely for purposes of this Section 7.11 or waive any Default resulting from a breach of this Section 7.11, in each case without the consent of any other Lenders in accordance with the provisions of the proviso of Section 10.01(b).
Interest charges shall be computed on the actual principal amount of the Term Loan A outstanding during each interest assessment period described above at the Applicable Term Loan A Rate; provided, however, that after the occurrence of an Event of Default and during the continuation thereof, at the option of Agent or at the direction of the Required Term A Lenders, the Term Loan A shall bear interest, instead, at the Default Rate.
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 the definitions of " Majority Lenders," "Required Revolving Credit Lenders," "Required Term A Lenders," "Required Term B-2 Lenders" and Section 10.01.