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, Combined Lenders having greater than 66-2/3% of the aggregate amount of the Combined Commitments at such time.

Examples of Combined Required Lenders in a sentence

  • Upon any such resignation, Borrower shall have the right, in consultation with the Combined Required Lenders, to appoint one of the Lenders as a successor.

  • The Administrative Agent shall have received counterparts of this Amendment executed by the Borrower and consented to by the Combined Required Lenders.

  • Subject to the appointment and acceptance of a successor Global Administrative Agent as provided in this paragraph, the Global Administrative Agent may resign at any time by notifying the Combined Required Lenders, the Issuing Banks and the Borrower.

  • Upon the approval (or deemed approval) by the Combined Required Lenders, such determination shall thereafter be the Global Borrowing Base and the Global Administrative Agent shall within five (5) days of such approval notify the Company in writing 30 of such redetermined Global Borrowing Base.

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More Definitions of Combined Required Lenders

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%).)
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 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 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 "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%).)
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.
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 means, at any time, Combined Lenders having Combined Credit Exposures and unused Combined Commitments representing more than 50% of the sum of the total Combined Credit Exposures and unused Combined Commitments under the Combined Credit Agreements at such time.