Definition of Term B-4 Required Lenders

  1. Term B-4 Required Lenders means, as of any date of determination, Term B-4 Lenders holding more than 50% of the Term B-4 Loans and Term B-4 Commitments outstanding on such date; provided that Term B-4 Loans held by any Defaulting Lender shall be excluded for purposes of making a determination of Term B-4 Required Lenders.

Examples of Term B-4 Required Lenders in a sentence

  1. If any Event of Default (other than an Event of Default pursuant to Section 8.01(k) or (l)) occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions; provided, that with respect to an Event of Default pursuant to Section 8.01(k) or (l), the Administrative Agent shall only act upon the request of the Term B-4 Required Lenders and the remedies shall be limited to the Term B-4 Loans:

Definition of Term B-4 Required Lenders in Amended and Restated Credit Agreement

Term B-4 Required Lenders means, as of any date of determination, Term B-4 Lenders holding more than 50% of the Term B-4 Loans and Term B-4 Commitments outstanding on such date; provided that Term B-4 Loans held by any Defaulting Lender shall be excluded for purposes of making a determination of Term B-4 Required Lenders.