Requisite Senior Lenders definition

Requisite Senior Lenders or any similar terms shall, unless the context clearly otherwise indicates, include the Administrative Agent or its Affiliates as a Senior Lender or one of the Requisite Senior Lenders. The Administrative Agent may accept deposits from, lend money to, and generally engage in any kind of banking, trust or other business with Southland or any of its Subsidiaries as if it were not acting as Administrative Agent pursuant hereto.
Sample 1
Requisite Senior Lenders means those Senior Lenders holding two-thirds (2/3) in aggregate of the total principal amount of the Senior Lender Claims.
Sample 1
Requisite Senior Lenders means the "Required Banks" as defined in the Credit Agreement as of the date hereof.
Sample 1

Examples of Requisite Senior Lenders in a sentence

  • The German Restructuring Opinion shall have been delivered to the New Senior Facility Agent and the New Junior Facility Agent, as provided in the New Facilities Agreements, the Requisite Senior Lenders and Oaktree, and shall be a positive opinion that is satisfactory in form and substance to the Requisite Senior Lenders.

  • The Bankruptcy Court shall have entered the Confirmation Order in a form acceptable in all material respects to the Debtors and the Requisite Senior Lenders (acting reasonably).

  • The transactions described in the Implementation Memorandum that are required to be completed on or before the Effective Date have been completed in a manner acceptable in all material respects to the Debtors and the Requisite Senior Lenders (acting reasonably).

  • All documents to be contained in the Plan Supplement shall be completed and in final form acceptable in all material respects to the Debtors and the Requisite Senior Lenders (acting reasonably) and, to the extent necessary, shall have been executed and delivered by the respective parties thereto.

  • The Confirmation Order must be entered by the Bankruptcy Court in a form acceptable in all material respects to the Debtors and the Requisite Senior Lenders (acting reasonably) and must provide for the confirmation of the Plan with respect to (a) each Debtor or (b) each Debtor other than DIC Almatis Bidco B.V..

  • This is in relation to the desirability of preserving its setting or any features of special architectural or historic interest or its character.

  • No amendment, modification, or waiver of any of the provisions of this Agreement shall be effective unless in writing and signed by the party or parties affected thereby and, if such amendment, modification or waiver of any provisions of this Agreement materially adversely affects the rights of the Senior Lenders, the Requisite Senior Lenders.


More Definitions of Requisite Senior Lenders

Requisite Senior Lenders means, at any time of determination, holders of at least a majority in principal amount of the Senior Indebtedness Liabilities then outstanding, or if no Senior Indebtedness Liabilities are then outstanding holders having at least a majority of the commitments under the Senior Credit Agreement to extend Senior Indebtedness Liabilities; provided, however, that so long as there are any Senior Lender Liabilities (or any commitments therefor) outstanding, Requisite Senior Lenders must include holders of a majority in principal amount (or, if applicable, amount of commitments) of the Senior Lender Liabilities.
Sample 1
Requisite Senior Lenders means Senior Lenders whose Pro Rata Shares, in the aggregate, are more than fifty percent (50%). "REVOLVING CREDIT OBLIGATIONS" shall mean, at any particular time, the sum of (i) the outstanding principal amount of the Loans at such time, plus (ii) the Facility Letter of Credit Obligations at such time.
Sample 1
Requisite Senior Lenders means, collectively, Lenders having more than (a) 66 2/3% of the aggregate outstanding amount of the Revolving Credit Commitments or, after the Revolving Credit Termination Date, 66 2/3% of the aggregate Revolving Credit Outstandings and (b) 66 2/3% of the Term A Loan Commitments or, after the Amendment Closing Date, 66 2/3% of the principal amount of all Term A Loans then outstanding. A Non-Funding Lender that is a Term A Lender or a Revolving Credit Lender shall not be included in the calculation of “Requisite Senior Lenders.”
Sample 1
Requisite Senior Lenders means Senior Lenders whose Pro Rata Shares, in the aggregate, are more than fifty percent (50%).
Sample 1
Requisite Senior Lenders means the “Requisite Lenders” under and as defined in the Senior Lien Credit Agreement .
Sample 1

Related to Requisite Senior Lenders

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.

  • Senior Lenders means each of the lenders from time to time under the Senior Credit Agreement.

  • Requisite Lenders means Lenders having (a) more than 66 2/3% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Loans.

  • Second Lien Lenders means the “Lenders” under and as defined in the Second Lien Credit Agreement.

  • Requisite Holders means the holders of the Warrants representing a majority of the shares of Common Stock underlying the Warrants then outstanding.

  • First Lien Lenders means the “Lenders” under and as defined in the First Lien Credit Agreement.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Second Lien Credit Agreement means the Second Lien Credit Agreement, dated as of the Closing Dates thereof among the Borrower, the other Credit Parties from time to time party thereto, the Second Lien Lenders and the Second Lien Administrative Agent, as the same may be amended, restated and/or modified from time to time subject to the terms thereof.

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Senior Lender means each holder of a Senior Note.

  • DIP means debtor-in-possession.

  • First Lien Credit Agreement has the meaning set forth in the recitals hereto.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Senior Credit Agreement means that Credit Agreement dated as of December 1, 2006 (as amended, supplemented or otherwise modified from time to time), among the Issuer, Holdings, IV, Holdings V, Holdings III, each lender from time to time party thereto and the Administrative Agent.

  • Requisite Noteholders Holders of Notes evidencing not less than a majority of the Outstanding Amount of the Controlling Class.

  • Second Lien Agent means has the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Credit Agreement Agent means, at any time, the Person serving at such time as the “Agent” or “Administrative Agent” under the Credit Agreement or any other representative then most recently designated in accordance with the applicable provisions of the Credit Agreement, together with its successors in such capacity.

  • Supermajority Banks means Banks having more than 75% of the sum of the Aggregate Commitments or, after the Revolving Credit Termination Date, more than 75% of the aggregate Revolving Loans outstanding (including funded participating interests in Swingline Loans).

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Majority Lenders means a Lender or Lenders whose Commitments aggregate more than sixty six and two thirds per cent (66 2/3%) of the aggregate of all the Commitments.

  • Required Lenders means, at any time, Lenders having Revolving Credit Exposures and unused Commitments representing more than 50% of the aggregate Revolving Credit Exposures and unused Commitments at such time.

  • Supermajority Lenders means Lenders having (a) 66.67% or more of the Commitments of all Lenders, or (b) if the Commitments have been terminated, 66.67% or more of the aggregate outstanding amount of the Revolving Credit Advances.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Second Lien Administrative Agent shall have the meaning assigned to the term “Administrative Agent” in the Second Lien Credit Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.