Combined Required Lenders definition

Combined Required Lenders means Combined Lenders having in the aggregate 51% of the aggregate total Combined Commitments under the Combined Loan Documents.
Combined Required Lenders means non-Defaulting Lenders whose Combined Proportionate Shares as so determined then equal or exceed fifty-one percent (51%).)
Combined Required Lenders means, at any time, Lenders under this Agreement and Lenders under the FIL Credit Agreement whose Combined Proportionate Shares equal or exceed fifty-one percent (51%) at such time, except at any time any Lender under this Agreement or under the FIL Credit Agreement is a Defaulting Lender. (For the purposes of determining “Combined Required Lenders” at any time any Lender is a Defaulting Lender, the “Combined Proportionate Shares” of non-Defaulting Lenders shall be determined excluding from the Commitment the aggregate amounts of the Defaulting Lenders’ Commitments; and “Combined Required Lenders” shall mean non-Defaulting Lenders whose Combined Proportionate Shares as so determined then equal or exceed fifty-one percent (51%).)

Examples of Combined Required Lenders in a sentence

  • Upon the approval of the Combined Required Lenders, the Global Administrative Agent shall promptly notify the Company, the Australian Administrative Agent and the Canadian Administrative Agent of such approval and the amount of the reduction in the Global Borrowing Base as a result of such Sale.

  • They are brittle, break with an uneven fracture, are opaque and have a black streak.

  • We start by considering the instantaneous measurement of a single observable before moving on to subsequent instantaneous measurements, simultaneous measurements, and measurements of finite duration.


More Definitions of Combined Required Lenders

Combined Required Lenders means, at any time, Combined Lenders having greater than 66-2/3% of the aggregate amount of the Combined Commitments at such time.
Combined Required Lenders means Combined Lenders having in the aggregate 51% of the aggregate total Combined Commitments under the Combined Loan Documents, or, if the Combined Commitments have been terminated, Combined Lenders holding 51% of the aggregate unpaid principal amount of the outstanding Combined Loans under the Combined Loan Documents.
Combined Required Lenders or any other provision hereof or thereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or thereunder or make any determination or grant any consent hereunder or thereunder, without the written consent of each Lender; provided further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Global Administrative Agent or the Australian Administrative Agent hereunder or thereunder without the prior written consent of the Global Administrative Agent or the Australian Administrative Agent, respectively; provided further that in the event that any Additional Borrower elects to terminate its status as an Additional Borrower under this Agreement and delivers a properly executed Borrower Termination Notice pursuant to Section 2.22(c), such termination and release of such Additional Borrower from its Obligations under this Agreement shall require only the consent of the Global Administrative Agent and the Australian Administrative Agent, which consent shall not be unreasonably withheld or delayed.
Combined Required Lenders at any date of determination, Lenders hereunder and Lenders (as defined in the Other Credit Agreement) having Combined Credit Exposures, without duplication, equal to or greater than 51% of the Total Combined Credit Exposure.
Combined Required Lenders means, at any time, Lenders having greater than 66-2/3% of the aggregate amount of the Combined Commitments at such time.
Combined Required Lenders or any other provision hereof or thereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or thereunder or make any determination or grant any consent hereunder or thereunder, without the written consent of each Lender; provided further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Global Administrative Agent or the Issuing Banks hereunder or thereunder without the prior written consent of the Global Administrative Agent or the applicable Issuing Banks, as the case may be; provided further that in the event that any Additional Borrower elects to terminate its status as an Additional Borrower under this Agreement and delivers a properly executed Borrower Termination Notice pursuant to Section 2.22(c), such termination and release of such Additional Borrower from its Obligations under this Agreement shall require only the consent of the Global Administrative Agent.
Combined Required Lenders or any other provision hereof or thereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or thereunder or make any determination or grant any consent hereunder or thereunder, without the written consent of each Lender; provided further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Global Administrative Agent or the Canadian Administrative Agent hereunder or thereunder without the prior written consent of the Global Administrative Agent or the Canadian Administrative Agent, respectively; provided further that in the event that any Additional Borrower elects to terminate its status as an Additional Borrower under this Agreement and delivers a properly executed Borrower Termination Notice pursuant to Section 2.22(c), such termination and release of such Additional Borrower from its Obligations under this Agreement shall require only the consent of the Global Administrative Agent and the Canadian Administrative Agent, which consent shall not be unreasonably withheld or delayed.