Majority Super Senior Creditors definition

Majority Super Senior Creditors means creditors holding more than 50% of the super senior credit participations under the Senior Secured Credit Facilities and certain designated super senior hedging, as determined in accordance with the Intercreditor Agreement.
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Majority Super Senior Creditors means, at any time, those Super Senior Creditors whose Super Senior Credit Participations at that time aggregate more than 50.00 per cent. of the total Super Senior Credit Participations at that time.
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Majority Super Senior Creditors means, at any time, the Super Senior Creditors whose super senior credit participations at that time aggregate more than fifty per cent. (50.00%) of the total aggregate amount of the super senior credit participations at that time.
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Examples of Majority Super Senior Creditors in a sentence

  • Prior to the Final Discharge Date, the Intra-Group Lenders may not take, accept or receive the benefit of any Security, guarantee, indemnity or other assurance against loss in respect of the Intra-Group Liabilities unless the prior consent of the Majority Super Senior Creditors and the Required Pari Passu Creditors is obtained.

  • This Agreement may be amended or waived only with the consent of the Creditor Representatives, the Majority Super Senior Creditors and the Required Pari Passu Creditors and the Security Agent.

  • The Majority Senior Secured Creditors give consent to each Super Senior Creditor taking Enforcement Action and to the Majority Super Senior Creditors constituting the Instructing Group.


More Definitions of Majority Super Senior Creditors

Majority Super Senior Creditors means those Super Senior Creditors whose Super Senior Credit Participations at that time aggregate more than 66 2/3 per cent. of the total Super Senior Credit Participations at that time.”
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Majority Super Senior Creditors means, at any time, the first in time to issue instructions to the Security Trustee of:
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Majority Super Senior Creditors means those Super Senior Creditors whose Super Senior Credit Participations at that time aggregate more than 66 2/3 per cent. of the total Super Senior Credit Participations at that time.” (d) The definition of “Super Senior Hedging Amount” of the Marlin Intercreditor Agreement is hereby amended to read as follows:
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Majority Super Senior Creditors means, at any time, those RCF Lenders and Hedge Counterparties whose Super Senior Credit Participations at that time aggregate more than 662/ % of the total Super Senior Credit Participations at that time.
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Majority Super Senior Creditors means, at any time:
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Related to Majority Super Senior Creditors

  • Majority Noteholders means the Holders of a majority by principal amount of the most senior then outstanding class of Notes.

  • Senior Creditors means, (a) depositors of the Issuer, (b) creditors of the Issuer who are unsubordinated creditors of the Issuer, and (c) creditors of the Issuer whose claims are or are expressed to be subordinated to the claims of other creditors of the Issuer (other than those whose claims are in respect of obligations which constitute, or would but for any applicable limitation on the amount of such capital, constitute, Tier 1 capital or Tier 2 capital or whose claims rank or are expressed to rank pari passu with, or junior to, the claims of holders in respect of the Notes) (whether only in a Winding Up of the Issuer or otherwise);

  • Controlling Note Holder Representative shall have the meaning assigned to such term in Section 6(a).

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

  • Lead Securitization Subordinate Class Representative means the “Controlling Class Representative” as defined in the Lead Securitization Servicing Agreement or such other analogous term used in the Lead Securitization Servicing Agreement.