Majority Term Loan Banks definition

Majority Term Loan Banks means at any time with respect to the Term Loans, Term Loan Banks holding not less than 66.66% of the aggregate principal amount of the Indebtedness then outstanding under the Term Loan; provided however, that so long as there are fewer than three Term Loan Banks "Majority Term Loan Banks" shall mean all Term Loan Banks.
Majority Term Loan Banks means all Term Loan Banks.
Majority Term Loan Banks or this Section 14.11; provided, further, that notwithstanding the foregoing, (v) the definition of "Permitted Borrower" may be amended and the Revolving Credit Maturity Date may be extended with the consent of all of the Revolving Credit Banks and (w) any date fixed for payment of principal of or interest on any Term Loan may be postponed or extended with the consent of all the applicable Term Loan Banks; and provided further, that no amendment, waiver or consent shall, unless in writing signed by the Swing Line Bank, do any of the following: (x) reduce the principal of, or interest on, the Swing Line Note or (y) postpone any date fixed for any payment of principal of, or interest on, the Swing Line Note; and provided further, however, that no amendment, waiver, or consent shall, unless in writing and signed by the Agent in addition to all the Banks, affect the rights or duties of the Agent under this Agreement or any other Loan Document. All references in this Agreement to "Banks" or "the Banks" shall refer to all Banks, unless expressly stated to refer to Majority Banks.

More Definitions of Majority Term Loan Banks

Majority Term Loan Banks means Banks having at least 60% of the sum of (a) the aggregate outstanding principal amount of the Term Loans at such time PLUS (b) the aggregate outstanding principal amount of the PAD Loans at such time PLUS (c) if any PAD Commitments are then in effect, the aggregate unused amount of the PAD Commitments at such time.
Majority Term Loan Banks. Lender" or "Required Lenders", or modify in any other manner the number or percentage of the Banks required to make any determinations or waive any rights hereunder or to modify any provision hereof or thereof without the consent of all of the Banks and any amendment, modification or waiver of the definition of the terms "Lender" and "Required Lenders" or other modification of the number or percentage of the Lenders required to make any determinations to be made by any or all of the Lenders or waive any rights in favor of the Lenders or modifying any provision thereof shall also require the consent of all of the Lenders; (ii) any amendment, modification or waiver of (a) any of the conditions precedent specified in Section 6.02 hereof with respect to the making of Revolving Credit Loans shall require the consent of the Majority Revolving Credit Banks and (b) any of the conditions precedent to the making of any Series of PAD Loans other than the requirements of Sections 2.01(e) hereof shall require only the consent of Banks holding at least 60% of the related Series of PAD Commitments for such PAD Loans; and (iii) any amendment of Section 10 hereof, or which alters the rights or obligations of the Agent hereunder or under any of the other Credit Documents, shall require the consent of the Agent.
Majority Term Loan Banks means, subject to Clause 57 of the Common Terms Agreement, Term Loan Banks which are owed at least 66_% of both the Tranche A and Tranche B of the Term Loan, Provided that if on any particular issue which is required to be determined or approved by the Majority Term Loan Banks, Term Loan Banks holding at least 66_% of Tranche A of the Term Loan vote differently from Term Loan Banks holding at least 66_% of Tranche B of the Term Loan, the Majority Term Loan Banks shall be those owed more than 50% of the Term Loan and Provided further that if there are is no Term Loan outstanding at the relevant time, references above to sums owed to Term Loan Banks shall be construed as references to the maximum commitments of the Term Loan Banks to advance or otherwise pay monies to the Company under the Term Loan Facility (unless all commitments shall have been discharged, in which case they shall be taken to be at the levels immediately prior to their discharge);
Majority Term Loan Banks means at any time with respect to Term Loan A, Term Loan A Banks holding not less than 66-2/3% of the aggregate principal amount of the Obligations then outstanding under Term Loan A and at any time with respect to Term Loan B, Term Loan B Banks holdings not less than 66-2/3% of the aggregate principal amount of the Obligations then outstanding under Term Loan B; provided however, that so long as there are fewer than three Term Loan A Banks "Majority Term Loan Banks" shall mean with respect to Term Loan A all Term Loan A Banks and so long as there are fewer than three Term Loan B Banks "Majority Term Loan Banks" shall mean with respect to Term Loan B all Term Loan B Banks.
Majority Term Loan Banks means with respect to Term Loan A all Term Loan A Banks and so long as there are fewer than three Term Loan B Banks "Majority Term Loan Banks" shall mean with respect to Term Loan B all Term Loan B Banks.
Majority Term Loan Banks. Weighted Percentage" or (i) change or modify Section 2.1, 2.5(e), 3.6(e), 7.19, or 9.2(b) or this Section 13.10. Notwithstanding the foregoing, (A) any date fixed for payment of principal or mandatory prepayment of or interest on any Term Loan may be postponed or extended with the consent of all the applicable Term Loan Banks; (B) no amendment, waiver or consent shall, unless in writing signed by the Swing Line Bank, do any of the following: (x) reduce the principal of, or interest on, the Swing Line Note or (y) postpone any date fixed for any payment of principal of, or interest on, the Swing Line Note; (C) no amendment, waiver, or consent shall, unless in writing and signed by the Issuing Bank, affect the rights or duties of the Issuing Bank under Article 3 hereof and (D) no amendment, waiver, or consent shall, unless in writing and
Majority Term Loan Banks. Revolving Credit Percentage", "Tenor Loan Percentage" or "Weighted Percentage" or this Section 12.11; provided further, that no amendment, waiver, or consent shall, unless in writing and signed by the Agent in addition to all the Banks, affect the rights or duties of the Agent under this Agreement or any Loan Document.