Required Bridge Lenders means, as of any date of determination, Bridge Lenders holding more than 50% of the Bridge Facility on such date; provided that the portion of the Bridge Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Bridge Lenders.
Required Bridge Lenders means, at any time, Bridge Lenders having Bridge Loans and unused Bridge Commitments representing more than 50% of the aggregate outstanding Bridge Loans and unused Bridge Commitments at such time; provided that, to the extent set forth in Section 9.02 or Section 9.04, whenever there are one or more Defaulting Lenders, the total outstanding Bridge Loans of, and the unused Bridge Commitments of, each Defaulting Lender shall be excluded for purposes of making a determination of Required Bridge Lenders. “Required Lenders” means, at any time, Lenders having Revolving Exposures, Term Loans and unused Revolving Commitments (other than Swingline Commitments) representing more than 50% of the aggregate Revolving Exposures, outstanding Term Loans and unused Revolving Commitments (other than Swingline Commitments) at such time; provided that to the extent set forth in Section 9.02 or Section 9.04 whenever there are one or more Defaulting Lenders, the total outstanding Term Loans and Revolving Exposures of, and the unused Commitments of, each Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. “Required Revolving Lenders” means, at any time, Revolving Lenders having Revolving Exposures and unused Commitments (exclusive of Swingline Commitments) representing more than 50.0% of the aggregate Revolving Exposures and unused Commitments (exclusive of Swingline Commitments) at such time; provided that to the extent set forth in Section 9.02 or Section 9.04 whenever there are one or more Defaulting -49-
Required Bridge Lenders or any other provision of any First Lien Loan Document specifying the number or percentage of Lenders (or Lenders of any Class) required to waive, amend or modify any rights thereunder or make any determination or grant any consent thereunder, without the written consent of each Lender (or each Lender of such Class, as the case may be), (vii) release all or substantially all the value of the Guarantees under the First Lien Guarantee Agreement (except as expressly provided in the First Lien Loan Documents) without the written consent of each Lender (other than a Defaulting Lender), or (viii) release all or substantially all the Collateral from the Liens of the Security Documents, without the written consent of each Lender (other than a Defaulting Lender), except as expressly provided in the First Lien Loan Documents; provided further that (A) no such agreement shall amend, modify or otherwise affect the rights or duties of the First Lien Administrative Agent, any Issuing Bank or the Swingline Lender without the prior written consent of the First Lien Administrative Agent, such Issuing Bank or the Swingline Lender, as the case may be, (B) any provision of this Agreement or any other First Lien Loan Document may be amended by an agreement in writing entered into by Holdings, the Borrower and the First Lien Administrative Agent to cure any ambiguity, omission, mistake, defect, -144- [EMEA_ACTIVE 302040156_13]
Examples of Required Bridge Lenders in a sentence
Other actions by the Bridge Lenders will require consent from the Required Bridge Lenders.
Unless expressly stated otherwise in this Bridge Financing Agreement, where any matter hereunder requires the approval, consent, waiver or other decision of the Bridge Lenders, it shall require the approval, consent, waiver or other decision of the Required Bridge Lenders, provided that the Maturity Date may not be extended to a date that is later than the Outside Date without the consent of all Bridge Lenders.
Any consent, approval, waiver or instruction of the Bridge Lenders or of the Required Bridge Lenders to be delivered in writing may be delivered by the Bridge Lenders or the Required Bridge Lenders or their respective counsel by way of any written instrument, including by way of electronic mail.
More Definitions of Required Bridge Lenders
Required Bridge Lenders means Diaquem, and the majority of Buyers based on the value of the Indebtedness, including at least Osisko Gold Royalties Ltd, Triple Flag Mining Finance Bermuda Ltd. and Caisse de dépôt et placement du Québec, in consultation with the other Buyers.
Required Bridge Lenders means, as of any date of determination, Bridge Lenders having more than 50% of the sum of the (a) Total Outstandings and (b) aggregate unused Bridge Commitments; PROVIDED that the unused Bridge Commitment and the portion of the Total Outstandings held or deemed held by, any Defaulting Bridge Lender shall be excluded for purposes of making a determination of Required Bridge Lenders.
Required Bridge Lenders means the Bridge Lenders holding (i) prior to the Closing Date, greater than 50% of the Aggregate Commitment or (ii) after the Closing Date, more than 50% of the aggregate principal amount of the Bridge Loans then outstanding.
Required Bridge Lenders means, at any time, Bridge Lenders whose Pro Rata Bridge Shares aggregate 51% or more of the Bridge Commitments, or, if the Bridge Commitments have been terminated irrevocably, 51% of the Bridge Loans then outstanding.
Required Bridge Lenders means, at any time, each of the Bridge Lenders.
Required Bridge Lenders means Revolving Lenders in the aggregate having at least 66-2/3% of the Bridge Revolving Commitment.
Required Bridge Lenders means the Bridge Lenders holding (i) prior to the Closing Date, greater than 50% of the Aggregate Commitment or (ii) after the Closing Date, more than 50% of the aggregate principal amount of the Bridge Loans then outstanding. COST AND YIELD PROTECTION: The Bridge Lenders shall receive cost and yield protection customary for facilities and transactions of this type, including, but not limited to, compensation in respect of "break funding," taxes (including but not limited to gross-up provisions for withholding taxes imposed by any governmental authority), changes in capital requirements, guidelines or policies or their interpretation or application, illegality, change in circumstances, reserves and other provisions deemed necessary by the Bridge Lenders to provide customary protection for U.S. and non-U.S. financial institutions.