Common use of Disenfranchisement of Defaulting Banks Clause in Contracts

Disenfranchisement of Defaulting Banks. (a) For so long as a Defaulting Bank has any undrawn Commitment, in ascertaining the Majority Banks or whether any given percentage (including, without limitation, unanimity) of the Total Commitments has been obtained in relation to any request for a consent, waiver, amendment or other vote under the Finance Documents:

Disenfranchisement of Defaulting Banks. (a) For so long as a Defaulting Bank has any undrawn Commitment, in ascertaining the Majority Banks or whether any given percentage (including, without limitationfor the avoidance of doubt, unanimity) of the Participations or the Total Commitments has been obtained in relation to approve any request for a consent, EXHIBIT 10.1 waiver, amendment or other vote under the Finance Financing Documents:, that Defaulting Bank's Participations and Commitments will be reduced by the amount of its Participations and Commitments (as appropriate).

Disenfranchisement of Defaulting Banks. (a) For so long as a Defaulting Bank has any available and undrawn Commitment, in ascertaining the Majority Banks or whether any given percentage (including, without limitationfor the avoidance of doubt, unanimity) of the Total Commitments has been obtained in relation to approve any request for a consent, waiver, amendment or other vote under the Finance Documents:, that Defaulting Bank’s Commitment will be reduced by the amount of its available and undrawn Commitments.