Springing Maturity Threshold Amount definition
Springing Maturity Threshold Amount means, on any date of determination, an amount equal to 50% of LTM Consolidated EBITDA.
Springing Maturity Threshold Amount has the meaning specified in the definition of “Maturity Date.” “Sterling” and “£” mean lawful money of the United Kingdom. “Sterling Loan” means a Loan denominated in Sterling. “Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business entity (excluding, for the avoidance of doubt, charitable foundations) of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Company. “Successor Borrower” has the meaning specified in the definition of “Borrower Transaction Requirements”. “Successor Company” has the meaning specified in Section 7.04(d). “Supermajority Lenders” means, as of any date of determination, Lenders having more than 75% of the sum of the (A) Total Outstandings (other than Protective Advances and with the aggregate Dollar Amount of each Lender’s risk participation and funded participation of L/C Obligations and Swing Line Loans being deemed “held” by such Lender for purposes of this definition) and (b) aggregate Unused Amount; provided that the unused Revolving Credit Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Supermajority Lenders. “Supplemental Administrative Agent” has the meaning specified in Section 9.14(a) and “Supplemental Administrative Agents” shall have the corresponding meaning. “Swap Contract” means (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any ...
Springing Maturity Threshold Amount has the meaning specified in the definition of “Maturity Date.” (b) The defined term “Alternative Currency L/C Issuer” is hereby deleted in its entirety and replaced with the following: ““Alternative Currency L/C Issuer” means, individually or collectively, as the context may require, (i) Citibank and any other Lender denoted as an Alternative Currency L/C Issuer on Exhibit A to Amendment No. 4 on the Amendment No. 4 Effective Date or any other Lender that becomes an Alternative Currency L/C Issuer in accordance with Section 2.03(l) or 10.07(j), in each case, in its capacity as an issuer of Alternative Currency Letters of Credit hereunder, or any successor issuer of Alternative Currency Letters of Credit hereunder and (ii) each issuer of an Existing Letter of Credit denoted as an “Alternative Letter of Credit” on Schedule 1.01E to the Original Credit Agreement. Any Alternative Currency L/C Issuer may, in its discretion, arrange for one or more Alternative Currency Letters of Credit to be issued by Affiliates of such Alternative Currency L/C Issuer, in