Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is greater than fifty percent (50%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.
Appears in 5 contracts
Samples: Term Credit Agreement, Term Credit Agreement (STORE CAPITAL Corp), Credit Agreement (STORE CAPITAL Corp)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is greater than fifty percent (5050.0%) of the Total Commitment; provided that in determining said such percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the any Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.
Appears in 4 contracts
Samples: Senior Secured Credit Agreement (Healthcare Trust, Inc.), Senior Secured Credit Agreement (Healthcare Trust, Inc.), Senior Secured Revolving Credit Agreement (American Realty Capital Healthcare Trust II, Inc.)
Majority Lenders. As of any date, the any Lender or collection of Lenders whose aggregate Commitment Percentage is greater than fifty percent (50%) of the Total Commitment); provided that in determining said percentage at any given time, all then the existing Lenders that are Defaulting Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.
Appears in 4 contracts
Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is greater than fifty percent (50%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing Defaulting Delinquent Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Delinquent Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Republic Property Trust), Senior Secured Revolving Credit Agreement (Republic Property Trust)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is greater than fifty percent (50%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the Commitment Percentages Percentages, Loans, and Letter of Credit Liabilities of the Lenders shall be redetermined for voting purposes only of this definition to exclude the Commitment Percentages Commitments of such Defaulting Lenders.
Appears in 2 contracts
Samples: Credit Agreement (CyrusOne Inc.), Credit Agreement (CyrusOne Inc.)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is equal to or greater than fifty fifty-one percent (5051%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Tier Reit Inc), Credit Agreement (Behringer Harvard Reit I Inc)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is equal to or greater than fifty percent (50%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Carter Validus Mission Critical REIT, Inc.), Credit Agreement (Carter Validus Mission Critical REIT, Inc.)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is greater than fifty percent (50%) of the Total Commitment; provided that if there shall only be two (2) Lenders, the Majority Lenders shall mean both of such Lenders; and provided further that in determining said percentage at any given time, all then existing Defaulting Delinquent Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Delinquent Lenders.
Appears in 1 contract
Samples: Loan Agreement (Comstock Homebuilding Companies, Inc.)
Majority Lenders. As of any date, the Lender or Lenders whose aggregate Commitment Percentage is greater than fifty percent (50%) of the Total Commitment; provided that in determining said such percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the any Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.
Appears in 1 contract
Samples: Credit Agreement (American Realty Capital Healthcare Trust Inc)
Majority Lenders. As of any date, the Lender or Lenders (excluding any Defaulting Lenders) whose aggregate Commitment Percentage is greater more than fifty percent (50%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing total Commitments. Commitments and Loans held by Defaulting Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting disregarded when determining Majority Lenders.
Appears in 1 contract
