Common use of Disenfranchisement of Defaulting Lenders Clause in Contracts

Disenfranchisement of Defaulting Lenders. (a) For so long as a Defaulting Lender has any Available Commitment, in ascertaining the Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents, that Defaulting Lender’s Commitments will be reduced by the amount of its Available Commitments. (b) For the purposes of this Clause 36.5, the Agent may assume that the following Lenders are Defaulting Lenders:

Disenfranchisement of Defaulting Lenders. (a) For so long as a Defaulting Lender has any Available undrawn Commitment, in ascertaining the Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents, that Defaulting Lender’s Commitments will be reduced by the amount of its Available undrawn Commitments. (b) For the purposes of this Clause 36.533.4, the Facility Agent may assume that the following Lenders are Defaulting Lenders:

Disenfranchisement of Defaulting Lenders. (a) For so long as a Defaulting Lender has any an Available Commitment, in ascertaining the Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents, that Defaulting Lender’s Commitments Commitment will be reduced by the amount of its Available CommitmentsCommitment. (b) For the purposes of this Clause 36.533.3, the Agent may assume that the following Lenders are Defaulting Lenders:

Disenfranchisement of Defaulting Lenders. (a) For so long as a Defaulting Lender has any Available Commitment, in ascertaining the Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents, that Defaulting Lender’s Commitments 's Commitment will be reduced by the amount of its Available CommitmentsCommitment. (b) For the purposes of this Clause 36.534.3, the Agent may assume that the following Lenders are Defaulting Lenders:

Disenfranchisement of Defaulting Lenders. (a) For so long as a Defaulting Lender has any Available Commitment, in ascertaining the Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents, that Defaulting Lender’s Commitments will be reduced by the amount of its Available Commitments. (b) For the purposes of this Clause 36.534.5, the Agent may assume that the following Lenders are Defaulting Lenders:

Disenfranchisement of Defaulting Lenders. (a) For so long as a Defaulting Lender has any Available Commitment, in ascertaining the Majority Lenders or whether any given percentage (including, for the avoidance of doubt, unanimity) of the Total Commitments has been obtained to approve any request for a consent, waiver, amendment or other vote under the Finance Documents, that Defaulting Lender’s Commitments will be reduced by the amount of its Available Commitments. (b) For the purposes of this Clause 36.535.3, the Facility Agent may assume that the following Lenders are Defaulting Lenders: