Minority Lenders definition

Minority Lenders has the meaning provided in SECTION 9.02(c).

Minority Lenders shall have the meaning given such term in Section 10.09(b).

Minority Lenders shall have the meaning set forth in Section 10.10(b).

Examples of Minority Lenders in a sentence

• If, however, the Minority Lenders (or any Lender, in the event of a proposed increase of the Borrowing Base) notify Administrative Agent within such 15 days of their disapproval, Administrative Agent and the Required Lenders (or all Lenders, in the event of a proposed increase of the Borrowing Base) shall agree on a new Borrowing Base.

• The motion also addressed the Minority Lenders' lien claim in respect of the FHS Litigation.

• Specifically, the Minority Lenders asserted that by reason of the pledge of stock of SNTLHC (the "SNTLHC Stock Pledge"), the Lender Group holds a first priority security interest in (a) any recovery under the FHS Litigation (the "FHS Recovery") and (b) payments by JPMC on the EON.

• As mentioned, following the filing of the Initial Plan, the Minority Lenders asserted for the first time their contention that the Stock Pledges entitled the Lender Group to potentially the entirety of the FHS Recovery as well as all payments to the Litigation Trust in respect of the EON (as described below) as the "proceeds" of the Stock Pledge in respect of SNTLHC.

• The Minority Lenders reasoned that their stock pledge must have value.

More Definitions of Minority Lenders

Minority Lenders shall have the meaning given such term in Section 10.10(b).

Minority Lenders has the meaning specified in Section 10.01.

Minority Lenders means, as of any date of determination, Lenders holding more than 33-1/3% of the Total Credit Exposure at such time (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations being deemed “held” by such Lender for purposes of this definition). The unused Commitment of, and the Revolving Credit Exposure held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Minority Lenders.

Minority Lenders. Defined in Section 19.5.

Minority Lenders has the meaning provided therefor in Section 9.2(c). “Moody’s” means Xxxxx’x Investors Service, Inc.

Minority Lenders on any date of determination, Lenders under this Agreement having Tranche A Commitments (or, if no Tranche A Commitments are in effect, Tranche A Exposure), Tranche B Loans and Tranche C Loans aggregating not less than 40% of the sum of (i) the Aggregate Tranche A Commitments (or, if no Tranche A Commitments are in effect, Aggregate Tranche A Exposure), (ii) the aggregate outstanding principal balance of the Tranche B Loans, and (iii) the aggregate outstanding principal balance of the Tranche C Loans.

Minority Lenders on any date of determination, Lenders under this Agreement and Lenders under and as defined in the Tranche B Credit Agreement having Tranche A Commitments (or, if no Tranche A Commitments are in effect, Tranche A Exposure), Tranche B Commitments (or if no Tranche B Commitments are in effect, Tranche B Loans) and Tranche C Loans of not less than 40% of the sum of (i) the Aggregate Tranche A Commitments (or, if no Tranche A Commitments are in effect, Aggregate Tranche A Exposure), (ii) the Aggregate Tranche B Commitments (or if no Tranche B Commitments are in effect, the Aggregate Tranche B Exposure), and (iii) the aggregate outstanding principal balance of the Tranche C Loans.