Replacement of Lenders definition

Replacement of Lenders. The ABL Facility Documents shall contain customary provisions for replacing, through an assignment at par or through repayment at par: (i) non-consenting Lenders in connection with amendments and waivers requiring the consent of all Lenders or of all Lenders directly and adversely affected thereby so long as the Required Lenders shall have consented thereto, (ii) Lenders invoking yield protection provisions and (iii) defaulting Lenders. Governing Law and Forum: New York. Agent: Xxxxxx, Xxxxx & Bockius LLP. NY\6882757.9 Warrior A&R Commitment Letter

Examples of Replacement of Lenders in a sentence

  • Remove the timing window of 90 days during which UPC Broadband may exercise its rights as set out in Clause 27.9(b) (Replacement of Lenders) such that UPC Broadband may exercise such rights at any time.

  • Mitigation Obligations; Replacement of Lenders............................................

  • Mitigation Obligations; Replacement of Lenders...........................................

  • Mitigation Obligations; Replacement of Lenders....................

  • Mitigation Obligations; Replacement of Lenders........................

  • Mitigation Obligations; Replacement of Lenders........................................

  • Remove the timing window of 90 days during which UPC Broadband may exercise its rights as set out in Clause 28.9(b) (Replacement of Lenders) such that UPC Broadband may exercise such rights at any time.

  • Mitigation Obligations; Replacement of Lenders......................................

  • Mitigation Obligations; Replacement of Lenders.............................................................

  • Mitigation Obligations; Replacement of Lenders...............................

Related to Replacement of Lenders

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Existing Lenders as defined in the recitals hereto.

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Extending Lenders has the meaning specified in Section 2.08.

  • Continuing Lenders as defined in the recitals hereto.

  • Non-Consenting Lenders has the meaning specified in Section 3.07(d).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Consenting Lenders has the meaning specified in Section 2.13(b).

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Accepting Lenders has the meaning specified in Section 2.24(a).

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Increasing Lenders is defined in Section 2.14.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Increase Lender has the meaning given to that term in Clause 2.2 (Increase).

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Required Facility Lenders means, with respect to any Facility on any date of determination, Lenders having more than 50% of the sum of (i) the outstanding Loans under such Facility and (ii) the aggregate unused Commitments under such Facility; provided that, to the same extent set forth in Section 10.07(h) with respect to determination of Required Lenders, the Loans of any Affiliated Lender shall in each case be excluded for purposes of making a determination of Required Facility Lenders.

  • Exit Facility Lenders means each of the lenders under the Exit Facility Credit Agreement, solely in their respective capacities as such.