Required Term B-2 Lenders definition

Required Term B-2 Lenders means, as of any date of determination, Term B-2 Lenders and Mission Term B-2 Lenders holding more than 50% of the sum of the (a) Total Term B-2 Loan Outstandings and (b) Mission Total Term B-2 Loan Outstandings. The (i) portion of the Total Term B-2 Loan Outstandings held or deemed held by, any Defaulting Lender and (ii) portion of the Mission Total Term B-2 Loan Outstandings held or deemed held by, any Mission Defaulting Lender, in each case, shall be disregarded in determining Required Term B-2 Lenders at any time.
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Required Term B-2 Lenders means, as of any date of determination, Term B-2 Lenders and Nexstar Term B-2 Lenders holding more than 50% of the sum of the (a) Total Term B-2 Loan Outstandings and (b) Nexstar Total Term B-2 Loan Outstandings. The (i) portion of the Total Term B-2 Loan Outstandings held or deemed held by, any Defaulting Lender and (ii) portion of the Nexstar Total Term B-2 Loan Outstandings held or deemed held by, any Nexstar Defaulting Lender, in each case, shall be disregarded in determining Required Term B-2 Lenders at any time.
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Required Term B-2 Lenders means, as of any date of determination and subject to the limitations set forth in Section 10.07(l), Term B-2 Lenders having more than 50% of the sum of the aggregate Term B-2 Loans; provided that any such amounts in respect of any Defaulting Lender shall be excluded for purposes of making a determination of the Required Term B-2 Lenders.
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Examples of Required Term B-2 Lenders in a sentence

  • Each Agent shall be fully justified in failing or refusing to take any action under any Loan Document unless it shall first receive such advice or concurrence of the Majority Lenders, the Required Lenders, the Required Revolving Lenders or the Required Term B-2 Lenders as it deems appropriate and, if it so requests, it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.

  • Although landlocked Botswana, strategically located at the center of southern region of Africa, can position itself to be an effective land-bridge connecting South Africa, and Namibia to Zambia, Angola and its further hinterland of Angola and Eastern Africa.

  • 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.

  • It is these noise standards that have been incorporated into TRPA’s regulations and threshold indicators.


More Definitions of Required Term B-2 Lenders

Required Term B-2 Lenders means, at any time, Lenders having Term B-2 Loans representing more than 50% of the aggregate outstanding Term B-2 Loans at such time; provided that (a) the Term B-2 Loans of the Borrowers or any Affiliate thereof (other than an Affiliated Debt Fund) and (b) whenever there are one or more Defaulting Lenders, the total outstanding Term B-2 Loans of each Defaulting Lender, shall, in each case of clauses (a) and (b), be excluded for purposes of making a determination of Required Term B-2 Lenders.
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Required Term B-2 Lenders at any time, Lenders holding more than 50% of the aggregate unpaid principal amount of the Term B-2 Loans then outstanding.
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Required Term B-2 Lenders means, as of any date of determination, Lenders having more than 50% of the sum of the (a) Outstanding Amount of all Term B-2 Loans and (b) aggregate unused Term B-2 Commitments; provided that the unused Term B-2 Commitment and the portion of the Outstanding Amount of all Term B-2 Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders; provided, further, that for all purposes under this Agreement and each other Loan Document, the “Required Term B-2 Lenders” shall be calculated in accordance with Section 10.07(k).
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Required Term B-2 Lenders at any time, the holders of more than 50% of (a) until the Closing Date, the Initial Term B-2 Commitments then in effect and (b) thereafter, the sum of the aggregate unpaid principal amount of the Term B-2 Loans then outstanding.
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Related to Required Term B-2 Lenders

  • Required Term B Lenders means, as of any date of determination, Term B Lenders holding more than 50% of the Term B Facility on such date; provided that the portion of the Term B Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term B Lenders.

  • 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 Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Tranche B Term Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • New Term Lender a Lender that has a New Term Loan.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term B-1 Lender means, at any time, any Lender that has a Term B-1 Commitment or a Term B-1 Loan at such time.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.