Controlling Parties definition

Controlling Parties means (a) so long as any Senior Obligations are outstanding, the Senior Secured Parties and (b) after the Senior Obligations have been paid in full and so long as any Junior Lien Obligation remains outstanding, the Junior Secured Parties.

Controlling Parties means controlling parties according to the Notification of the SEC

Controlling Parties means, at any time:

Examples of Controlling Parties in a sentence

• The parties hereto agree that for purposes of Applicable Anti-Money Laundering Law, including without limitation the CTA as applicable, (a) the Certificateholders are and shall be deemed to be the sole direct owners of the Trust and (b) one or more Controlling Parties of the Certificateholders shall be deemed to be the parties with the power and authority to exercise substantial control over the Trust.

• The Bank, on behalf of the Transfer Agent, shall screen new and existing Authorized Participants, UBOs and Controlling Parties against sanction-related lists promulgated by the United States, the European Union, and the United Nations.

• The Bank reserves the right to screen new and existing Authorized Participants, UBOs and Controlling Parties against such other sanction-related lists as may be required by the Bank’s AML and Sanctions Program from time to time.

• The parties hereto agree that for purposes of Applicable Anti-Money Laundering Law, including without limitation the CTA, as applicable, (a) the Certificateholders are and shall be deemed to be the sole direct owner(s) of the Trust and (b) one or more of the Controlling Parties of the Certificateholders and the Servicer are, and shall be deemed to be, the parties with the power and authority to exercise substantial control over the Trust.

• The parties hereto agree that for purposes of the CTA, the Certificateholder(s) are and shall be deemed to be the sole direct owners of the Trust, and one or more Controlling Parties of the Administrator are and shall be deemed to be the parties with the power and authority to exercise substantial control over the Trust.

More Definitions of Controlling Parties

Controlling Parties means, prior to Payment In Full, the Required Lenders, and, thereafter, the Majority Holders.

Controlling Parties means (a) in the case of the Credit Agreement, (i) until the Credit Agreement has been Refinanced in full, the “Controlling Party” under and as defined in the Credit Agreement and (ii) if the Credit Agreement has been Refinanced in full and the Loan Insurer is not guaranteeing or insuring any other Insured Debt, the administrative agent under any successor credit facility (subject to the requirements thereunder regarding majority or supermajority lender voting) and (b) in the case of any other Insured Debt, the “Controlling Party”, “Directing Party” or analogous entity in respect of such other Insured Debt.

Controlling Parties means a Majority of the Lenders.

Controlling Parties means if the party is a:

Controlling Parties means collectively The Baupost Group, L.L.C., AG Special Situations Corp. and Xxxxx X.

Controlling Parties means (i) with respect to an Event of Default resulting only from the failure to make a required payment on the Class B-3 Notes, (a) Majority Holders of the Class B-1 Notes, the Majority Holders of the Class B-2 Notes and the Majority Holders of the Class B-3 Notes and (b) the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes, (ii) with respect to an Event of Default resulting only from the failure to make a required payment on the Class B-2 Notes and the Class B-3 Notes, (a) the Majority Holders of the Class B-1 Notes and the Majority Holders of the Class B-2 Notes and (b) the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes (iii) with respect to an Event of Default resulting only from the failure to make a required payment on the Class B-1 Notes, the Class B-2 Notes and the Class B-3 Notes, (a) the Majority Holders of the Class B-1 Notes and (b) the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes; and (iv) with respect to an Event of Default resulting from the failure to make a required payment on the Class A Notes, the Note Insurer, but if a Note Insurer Default has occurred and is continuing, the Majority Holders of the Class A Notes.

Controlling Parties. At any time, the Lenders representing amounts in excess of 50.00% of Outstanding Funded Loans at such time.