Existing Required Lenders definition

Existing Required Lenders means the “Required Lenders” under and as defined in the Existing Three Year Credit Agreement.
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Existing Required Lenders means the “Required Lenders” under and as defined in the Existing 364-Day Credit Agreement.
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Existing Required Lenders means, at any time, Lenders which are then in compliance with their obligations hereunder (as determined by the Agent) and holding in the aggregate at least sixty-six and two-thirds percent (66 2/3%) of (i) the sum of all Existing Commitments or (ii) if all the Existing Commitments have been terminated, the outstanding Original Term Loans, Revolving Loans and participation interests (including the participation interests of the Issuing Bank in any Letters of Credit).
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Examples of Existing Required Lenders in a sentence

  • The Borrowers have requested and the Existing Required Lenders (as defined below) have agreed to amend certain provisions of the Existing Credit Agreement as set forth herein.

  • The Administrative Agent is hereby authorized and directed to declare the occurrence of the New Facility Availability Date when it has received documents confirming compliance with the conditions set forth in this Section 5 or the waiver of such conditions as agreed to by the Existing Required Lenders pursuant to Section 10.02(b) of the Existing Credit Agreement.

  • In the following we provide details on the specific information we exploit in our analysis.First of all, the ESEE data-set provides direct firm-level information on the workforce composition by education (Master’s degree; Bachelor’s degree; no university degree), on the hiring of recent university graduates, and on worker training in various categories (training in engineering; IT; language; marketing; and other).

  • In turn, grain producers are forced to drive longer distances from farm to elevator in order to use the elevators that remain open and operable, increasing trucking costs as well as on-farm storage requirements and costs, and roadway maintenance costs.

  • Subject to the conditions set forth in Section 4 of this Third Amendment, effective as of the Signing Date, the Borrowers, the Administrative Agent, the Existing Issuing Bank, the Existing Swing Line Lender and the Existing Required Lenders agree as follows: 2 2.1 Consent to New Credit Facility.


More Definitions of Existing Required Lenders

Existing Required Lenders means the “Required Lenders” under and as defined in the Existing Three Year Credit Agreement. “Existing Three Year Credit Agreement” has the meaning assigned to such term in the recitals hereto.
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Existing Required Lenders means the “Required Lenders” under and as defined in the Existing Credit Agreement, as determined on the Signing Date.
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Existing Required Lenders. Term B Required Lenders," "holders of Notes," or any similar terms shall, unless the context clearly otherwise indicates, include the Agent in its individual capacity. The Agent may accept deposits from, lend money to, acquire equity interests in, and generally engage in any kind of banking, trust, financial advisory or other business with one or more of the Borrowers or any affiliate of one or more of the Borrowers as if it were not performing the duties specified herein, and may accept fees and other consideration from the Borrowers for services in connection with this Credit Agreement and otherwise without having to account for the same with the Lenders.
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Existing Required Lenders means the “Required Lenders” under and as defined in the Existing Revolving Credit Agreement, as determined immediately prior to the effectiveness of this Amendment.
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Existing Required Lenders means the “Required Lenders” under and as defined in the Existing Three Year Credit Agreement. “Existing Secured Obligations” shall mean the “Secured Obligations”, as such term is defined in the Collateral Trust Agreement. “Existing Three Year Credit Agreement” has the meaning assigned to such term in the recitals hereto.
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Related to Existing Required Lenders

  • Required Lenders means, at any time, Lenders having Revolving Credit Exposures and unused Commitments representing more than 50% of the aggregate Revolving Credit Exposures and unused Commitments at such time.

  • Requisite Lenders means Lenders having (a) more than 66 2/3% of the Commitments of all Lenders, or (b) if the Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Loans.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Supermajority Lenders means Lenders having (a) 66.67% or more of the Commitments of all Lenders, or (b) if the Commitments have been terminated, 66.67% or more of the aggregate outstanding amount of the Revolving Credit Advances.

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Revolving Credit Agreement means that certain Revolving Credit Agreement dated as of August 30, 2004 between the Company, certain of its Subsidiaries and the banks and financial institutions listed therein, as such agreement may be replaced, amended, supplemented or otherwise modified from time to time.

  • Required Facility Lenders means, with respect to any Facilities on any date of determination, Lenders having or holding more than 50% of the sum of (a) the aggregate principal amount of outstanding Loans under such Facilities and (b) the aggregate unused Commitments under such Facilities; provided that the portion of outstanding Loans and the unused Commitments of such Facilities, as applicable, held or deemed held by a Defaulting Lender shall be excluded for purposes of making a determination of Required Facility Lenders.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Existing Lenders has the meaning specified in the recitals hereto.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Required Revolving Credit Lenders means, at any date, Non-Defaulting Lenders holding a majority of the Adjusted Total Revolving Credit Commitment at such date (or, if the Total Revolving Credit Commitment has been terminated at such time, a majority of the Revolving Credit Exposure (excluding Revolving Credit Exposure of Defaulting Lenders) at such time).

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).