Required Noteholders definition

Required Noteholders has, with respect to any Series of Notes, the meaning stated in the related Series Supplement.

Required Noteholders means Holders of Outstanding Notes evidencing more than 66 2/3% of the principal balance of the most senior Class of Notes Outstanding.

Required Noteholders means the holders of the most senior class of Notes outstanding, voting together, representing in excess of 50% of the aggregate principal balance of such class of Notes outstanding.

Examples of Required Noteholders in a sentence

• Notwithstanding the foregoing, upon receipt of written notice from the Indenture Trustee, the Chapter 7 Trustee shall reduce the Indenture Trustee’s distribution by the amount of the costs and expenses, including attorneys’ fees, that the Required Noteholders have incurred in the Bankruptcy Cases, and pay such amount to their designee.

• Notification of Participation in a Noteholders’ Meeting Required Noteholders who wish to participate (in person or represented by proxy (other than pursuant to a consent voting instruction or tender and voting instruction in accordance with the terms set out in the Consent Solicitation and Tender Offer Memorandum)) in a Noteholders’ Meeting must notify the Agent of their participation in the meeting no later than 17.00 (CET) on 31 May 2016.

• Notwithstanding any provisions to the contrary in Section 6.10 or Article XII of the Base Indenture, no supplement, amendment or indenture supplement entered into with respect to the issuance of a new Series of Notes or pursuant to the terms and provisions of Section 12.2 of the Base Indenture may, without the consent of the Series Required Noteholders, supplement, amend or revise any term or provision of this Indenture Supplement.

• If any Liquidation Event shall have occurred and be continuing, then the Issuer Security Trustee may or, at the direction of the Required Noteholders, shall, subject to being indemnified and/or secured and/or prefunded to its satisfaction, exercise from time to time any rights and remedies available to it as the result of such occurrence under the FleetCo Related Documents.

• Company shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of Required Noteholders timely reimburse it for the payment of, any Other Taxes.

More Definitions of Required Noteholders

Required Noteholders means the Noteholders holding at least a majority in interest of the aggregate principal amount of the Advances (as defined in each Secured Promissory Note) outstanding at such time under each of the Secured Promissory Notes.

Required Noteholders means the holders of the Class A Notes outstanding, voting together, representing in excess of 50% of the aggregate principal balance of the Class A Notes outstanding (or, if the Notes have been paid in full, the Required Certificateholders).

Required Noteholders means Holders of more than 50% of the principal amount of Notes then outstanding.

Required Noteholders means, at any time, the Holders of Notes evidencing more than 50% of the Outstanding Notes.

Required Noteholders means, as applicable, (i) in the case of the Existing Notes Indenture, the holders of an aggregate principal amount of all Existing Notes Indebtedness (or portion thereof) then outstanding required to approve any amendment or modification of the Existing Notes Documents, or any termination or waiver of any provision of the Existing Notes Documents, or any consent or departure by any of the Obligors therefrom, and (ii) in the case of the Interim Notes Indenture, the holders of an aggregate principal amount of all Interim Notes Indebtedness (or portion thereof) then outstanding required to approve any amendment or modification of the Interim Notes Documents, or any termination or waiver of any provision of the Interim Notes Documents, or any consent or departure by any of the Obligors therefrom. For purposes of this definition, Notes Indebtedness registered in the name of, or beneficially owned by, any Obligor or any of its Affiliates will be deemed not to be outstanding.

Required Noteholders means the holders of the Series 2017-B Notes Outstanding of the Controlling Class, voting together, representing in excess of 50% of the aggregate Outstanding principal amount of the Series 2017-B Notes of such Class.

Required Noteholders means, so long as the Issuer Notes are Outstanding, as of any date of determination, Noteholders holding more than 50% of the Principal Amount.