Common use of Required Revolver Lenders Clause in Contracts

Required Revolver Lenders. As of any date, the Revolving Credit Lenders (other than Delinquent Lenders) holding greater than fifty percent (50%) of the Total Revolving Credit Commitment on such date, or, in the event that the Total Revolving Credit Commitment has been terminated or otherwise reduced to zero, the outstanding principal amount of Revolving Credit Loans on such date.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Emmis Communications Corp), Revolving Credit and Term Loan Agreement (Emmis Communications Corp), Revolving Credit and Term Loan Agreement (Emmis Communications Corp)

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