Majority Revolving Credit Facility Lenders definition

Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility.
Majority Revolving Credit Facility Lenders means the holders of more than 50% of the Aggregate Outstanding Revolving Credit Exposure and unused Revolving Commitments at such time, exclusive of Affected Lenders of the type described in clause (iii) or (iv) of Section 2.23(b).
Majority Revolving Credit Facility Lenders or "Majority Tranche A Term Facility Lenders" or modify in any other manner the number, percentages or class of Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof without the consent of each Lender directly affected thereby; (vi) amend, modify or waive any provision of Section 9 without the written consent of the Administrative Agent; (vii) amend, modify or waive any provision of Section 3 without the written consent of the Issuing Lender or (viii) amend, modify or waive any provision of subsection 2.4

Examples of Majority Revolving Credit Facility Lenders in a sentence

  • Unless the Majority Revolving Credit Facility Lenders shall otherwise consent in writing, at any time that any Revolving Credit Loans are outstanding, permit the Consolidated Net Senior Secured Leverage Ratio for any period of four consecutive fiscal quarters ending with any fiscal quarter to exceed 4.25 to 1.0.

  • Any Restricted Subsidiary so designated shall become an Approved Borrower if consented to by the Majority Revolving Credit Facility Lenders.

  • Save as otherwise set out herein and subject to the Common Terms Agreement, the required Senior Secured Creditors for the purposes of any decision within the scope of Clause 34.2 (Amendment and waiver of Facility Agreements) of the Common Terms Agreement relating to this Agreement shall be the Revolving Credit Facility Agent acting on the instructions of the Majority Revolving Credit Facility Lenders.

  • Notwithstanding anything to the contrary contained herein, the definition of “Revolver Financial Covenant Default” may not be amended without the written consent of the Majority Revolving Credit Facility Lenders.

  • Each of the Borrower, the Parent, Revolving Credit Lenders constituting the Majority Revolving Credit Facility Lenders and the Administrative Agent shall have delivered executed counterparts of this Amendment and Waiver to the Administrative Agent.


More Definitions of Majority Revolving Credit Facility Lenders

Majority Revolving Credit Facility Lenders means the Majority Facility Lenders in respect of the Revolving Credit Facility. “Majority Term Loan Facility Lenders” means the Majority Facility Lenders in respect of the Term Loan Facility.
Majority Revolving Credit Facility Lenders means a Revolving Credit Facility Lender or Revolving Credit Facility Lenders whose US dollar equivalent participations in the Revolving Credit Facility Advances then outstanding and undrawn Available Commitments amount in aggregate to more than 50% of the US dollar equivalent of the sum of all Revolving Credit Facility Advances then outstanding and undrawn Available Commitments.
Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility; provided that for purposes of any vote of the Majority Revolving Credit Facility Lenders in connection with Sections 8(B)(i) and 10.1(iii), (i) the 2014 Revolving Credit Loans shall not be considered part of the Total Revolving Extensions of Credit or the Total Revolving Credit Commitments, and (ii) the holders of the 2014 Revolving Credit Loans shall not be permitted to vote on any such matter.
Majority Revolving Credit Facility Lenders the holders of more than 50% of the Revolving Credit Commitments then in effect or, if the Revolving Credit Commitments have been terminated, the Revolving Extensions of Credit then outstanding.
Majority Revolving Credit Facility Lenders the Majority Facility Lenders in respect of the Revolving Credit Facility; provided, that at any time that there is more than one Revolving Credit Lender, “Majority Revolving Credit Facility Lenders” shall include at least two Revolving Credit Lenders.
Majority Revolving Credit Facility Lenders the Majority Facility ------------------------------------------ Lenders in respect of the Revolving Credit Facility. "Material Adverse Effect": a material adverse effect on (a) the ----------------------- business, assets, operations or condition (financial or otherwise) of the Restricted Group Control Members taken as a whole or (b) the validity or enforceability of this Agreement or any of the other Loan Documents or the rights and remedies of the Administrative Agent and the Lenders hereunder or thereunder.