Majority Super Senior Creditors definition

Majority Super Senior Creditors means, at any time, those Super Senior Creditors whose Super Senior Credit Participations at that time aggregate more than 50 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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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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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.

  • Nothing in this Clause 3.5 shall prevent the Majority Super Senior Creditors or the Senior Secured Creditors Instructing Group taking Enforcement Action in accordance with their respective Debt Documents subject always to Clause 12.2 (Enforcement Instructions) and Clause 12.3 (Manner of enforcement).

  • 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.

  • 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.


More Definitions of Majority Super Senior Creditors

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, 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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