Required Tranche B Term Lenders definition

Required Tranche B Term Lenders means, at any time, Lenders having Tranche B Term Loans and unused Tranche B Term Commitments representing more than 50% of the sum of the Tranche B Term Loans and unused Tranche B Term Commitments at such time.

Required Tranche B Term Lenders means, as of any date of determination, Lenders holding in the aggregate more than fifty percent (50%) of the Tranche B Term Loan; provided that the portion of the Tranche B Term Loan held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Tranche B Term Lenders.

Required Tranche B Term Lenders means, at any time, Lenders holding in the aggregate more than 50% of the outstanding Tranche B Term Loan (subject in each case to Section 11.01(c) hereof); provided that whenever there are one or more Defaulting Lenders, the Tranche B Term Loans of each such Defaulting Lender shall not be included in determining whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment, waiver or other modifications pursuant to Section 11.01 (subject in each case to Section 11.01(c) hereof)).

Examples of Required Tranche B Term Lenders in a sentence

• If a condition to the Borrowing of the Tranche B Term Loan hereunder is not satisfied or some other event occurs that would prohibit the Borrower from borrowing the Tranche B Term Loan hereunder, then in order to waive such condition or consent to such event, the consent of the Required Tranche B Term Lenders (as a separate group) shall be required in addition to any other consent required pursuant to this Credit Agreement.

• The Administrative Agent shall have received counterparts (or other evidence of execution, including telephonic message, satisfactory to the Administrative Agent) of this Amendment, which collectively shall have been duly executed on behalf of each of the Borrower, the Guarantors, the Required Lenders, the Required Revolving Lenders, the Required Delayed-Draw Term Lenders, the Required Unfunded Delayed-Draw Term Lenders and the Required Tranche B Term Lenders.

• Where this Credit Agreement expressly permits or prohibits an action unless the Required Lenders (or the Required Revolving Lenders or the Required Tranche B Term Lenders, as the case may be) otherwise determine, the Administrative Agent shall, and in all other instances, the Administrative Agent may, but shall not be required to, initiate any solicitation for the consent or a vote of the applicable Lenders.

• Where this Credit Agreement expressly permits or prohibits an action unless the Required Lenders (or the Required Revolving Lenders, Required Tranche B Term Lenders or the Required Tranche C Term Lenders, as the case may be) otherwise determine, the Administrative Agent shall, and in all other instances, the Administrative Agent may, but shall not be required to, initiate any solicitation for the consent or a vote of the applicable Lenders.

More Definitions of Required Tranche B Term Lenders

Required Tranche B Term Lenders means, at any time, Lenders (other than Defaulting Lenders) holding in the aggregate at least a majority of the outstanding Tranche B Term Loan (and Participation Interests therein).

Required Tranche B Term Lenders means, at any time, Tranche B Term Loan Lenders having Tranche B Term Loans and unused Tranche B Term Commitments representing more than 50% of the sum of the outstanding Tranche B Term Loans and unused Tranche B Term Commitments at such time. For purposes of this definition, the Tranche B Term Loans and unused Tranche B Term Commitments of any Affiliated Lender or Defaulting Lender shall be disregarded in determining the Required Tranche B Term Lenders at any time.

Required Tranche B Term Lenders means, at any time, ------------------------------- Tranche B Term Lenders having in the aggregate more than fifty percent (50%) of the outstanding principal amount of the Tranche B Term Loan (taking into account obligations to participate therein); provided that the outstanding principal amount of the Tranche B Term -------- Loan (taking into account obligations to participate therein) owing to, a Defaulting Lender shall be excluded for purposes hereof in making a determination of Required Tranche B Term Lenders.

Required Tranche B Term Lenders. “Required Incremental Lenders” or class votes or consents, (d) for purposes of any matter requiring the vote or consent of each Lender affected by any amendment or waiver, such Person shall be deemed to have voted or consented to approve such amendment or waiver if a majority of the affected class so approves and (e) such Person shall not be entitled to any expense reimbursement or indemnification rights and shall be treated in all other respects as a Defaulting Lender; it being understood and agreed that the foregoing provisions shall only apply to a Disqualified Lender and not to any assignee of such Disqualified Lender that becomes a Lender so long as such assignee is not a Disqualified Lender or an Affiliate thereof. The Administrative Agent shall not have any responsibility or obligation to determine whether any Lender or participant or prospective Lender or participant is a Disqualified Lender or have any liability with respect to any assignment or participation of loans, or disclosure of confidential information, to any Disqualified Lender. 188

Required Tranche B Term Lenders shall be based on the outstanding principal amount of the Tranche B Term Loan.

Required Tranche B Term Lenders and Section 9.08. 117

Required Tranche B Term Lenders. “Required Revolving Lenders”, “Required Incremental Lenders” or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or make any determination or grant any consent hereunder or portion of the Loans or Commitments required to take any action under the Loan Documents, in each case, without the written consent of each Lender directly affected thereby;