Required Term A Lenders definition

Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.
Required Term A Lenders means at any time, Term A Lenders holding in the aggregate more than 50% of the aggregate outstanding principal amount of all Term A Loans and Term A Commitments.
Required Term A Lenders without the written consent of each Lender under the applicable Facility;

Examples of Required Term A Lenders in a sentence

  • For purposes of this paragraph (d), Required Term A Lenders shall be determined as if the reduction in the aggregate amount of the Term A Loan Commitments requested by the Borrower had occurred (i.e., the Combined Term A Lenders shall be deemed to have a single Term A Loan Commitment in the aggregate equal to the Surviving Term A Loan Commitment and the aggregate amount of the Term A Loan Commitments shall be deemed to have been reduced by the Retired Term A Loan Commitments).

  • 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.

  • 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).

  • 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.

  • Each determination of LIBOR by the Required Term A Lenders in respect of the Term A Facility shall be conclusive and binding on Borrower in the absence of manifest error.


More Definitions of Required Term A Lenders

Required Term A Lenders means, at any time, Term A Lenders having Term A Loans representing more than 50% of the aggregate amount of the sum of the outstanding Term A Loans at such time; provided that (a) Term A Loans of any Affiliated Lender (other than Affiliated Debt Funds) and (b) whenever there are one or more Defaulting Lenders, the total outstanding Term A Loans of each Defaulting Lender shall, in each case of clause (a) and (b), be excluded for purposes of making a determination of Required Term A Lenders.
Required Term A Lenders or “Required Term B Lenders” without the written consent of each Lender under the applicable Facility;
Required Term A Lenders means, at any time, Term A Lenders having an aggregate Term A Percentage of more than 50%.
Required Term A Lenders without the written consent of all Term A Lenders or (z) amend the definition of "Required Term B Lenders" without the written consent of all Term B Lenders;
Required Term A Lenders means, as of any date of determination, Term A Lenders and Mission Term A Lenders holding more than 50% of the sum of the (a) Total Term A Loan Outstandings, (b) Mission Total Term A Loan Outstandings and (c, (c) aggregate unused Term A Commitments until the expiration of the Term A Availability Period, (d) aggregate unused Mission Term A Commitments until the expiration of the Term A Availability Period and (e) the aggregate outstanding amount of all loans and all other credit extensions under the Rocky Creek Loan. The (i) portion of the Total Term A Loan Outstandings , the unused Term A Commitments (until the expiration of the Term A Availability Period) and the portion of the aggregate outstanding amount of all loans and all other credit extensions under the Rocky Creek Loan held or deemed held by, any Defaulting Lender and (ii) portion of the Mission Total Term A Loan Outstandings , the unused Mission Term A Commitments (until the expiration of the Term A Availability Period) held or deemed held by, any Mission Defaulting Lender, in each case, shall be disregarded in determining Required Term A Lenders at any time.
Required Term A Lenders at any time, the holders of more than 50% of the sum of the aggregate unpaid principal amount of the Term A Loans held by all Lenders under the Term Loan A Facility, or, if no such principal amount is then outstanding, Lenders having greater than 50% of the aggregate Commitments under such Facility; provided that the Aggregate Exposure of any Defaulting Lender shall be disregarded in making any determination under this definition.
Required Term A Lenders. Required Term B Lenders” or “Required Term B-2 Lenders” to the contrary, for purposes of determining whether the Majority Lenders, Required Term A Lenders, Required Term B Lenders or Required Term B-2 Lenders, have (A) consented (or not consented) to any amendment or waiver of any provision of this Agreement or any other Loan Document or any departure by any Loan Party therefrom, (B) otherwise acted on any matter related to any Loan Document, or (C) directed or required the Administrative Agent or any Lender to undertake any action (or refrain from taking any action) with respect to or under any Loan Document, all Loans held by Affiliated Debt Funds shall be deemed to be not outstanding to the extent such Loans would account for more than 50% of the amount of Loans and Commitments included in determining whether the Majority Lenders, Required Term A Lenders, Required Term B Lenders or Required Term B-2 Lenders have taken or consented to any action (it being understood that such excess amount of Loans and Commitments shall be deemed not to be outstanding on a pro rata basis among all Affiliated Debt Funds in accordance with the respective amounts of such Loans and Commitments held by them).