Required Consenting Term Loan Lenders definition

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders comprising not fewer than three (3) unaffiliated Consenting Term Loan Lenders holding at least 66.67% of the aggregate outstanding principal amount of Term Loans that are held by Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, one or more Consenting Term Loan Lenders that individually or collectively hold more than 50% of the aggregate outstanding principal amount of Term Loans that are held by all Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means the Consenting Term Loan Lenders who hold, in the aggregate, at least 66.67 percent in principal amount outstanding of all Term Loan Claims held by Consenting Term Loan Lenders.

Examples of Required Consenting Term Loan Lenders in a sentence

• This Agreement, and the obligations of all Parties hereunder, may be terminated by mutual written agreement among all of the following: (a) the Required Consenting Term Loan Lenders; (b) the Required Consenting Unsecured Noteholders; (c) the Sponsors; and (d) each Company Party.

• Unless expressly stated otherwise herein or in the Recapitalization Term Sheet, the Definitive Documents shall be in form and substance reasonably acceptable to the Company Parties, the Required Consenting Term Loan Lenders, the Required Consenting Unsecured Noteholders, and the Sponsors.

• Xxxxx Holdings LLC will be merged into NMG LLC and the intercompany lease agreements between Xxxxx Holdings LLC and NMG LLC will be terminated, in each case, within 90 days after the Effective Date (or such later date as mutually agreed by the Company Parties and the Required Consenting Term Loan Lenders) and, concurrently with such merger, the successor to Xxxxx Holdings LLC will mortgage the real properties constituting collateral currently held by it in accordance with the priorities set forth herein.

More Definitions of Required Consenting Term Loan Lenders

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders holding more than 50% of the aggregate outstanding principal amount of the Term Loans Claims that are held by Consenting Term Loan Lenders; provided that the aggregate outstanding principal amount of the Term Loans held by Breaching Stakeholders as of any time of determination shall be excluded from the determination of Required Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders holding more than 50 percent of the aggregate outstanding principal amount of the Term Loan that is held by Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders holding at least 50.01% of the aggregate outstanding principal amount of Secured Notes that are held by Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, one or more

Required Consenting Term Loan Lenders means, as of the relevant date, Consenting Term Loan Lenders holding more than 50 percent of the aggregate outstanding principal amount of the Term Loan that is held by Consenting Term Loan Lenders; provided that the aggregate outstanding principal amount of the Term Loans held by Breaching Stakeholders (as such term is defined in the Plan Support Agreement) as of any time of determination shall be excluded from the determination of the Required Consenting Term Loan Lenders.

Required Consenting Term Loan Lenders means, as of the relevant date, (i) if the members of the Term Lender Committee collectively hold at least thirty-five percent (35%) of the aggregate principal amount of the Term Loans, two or more Consenting Term Loan Lenders that are members of the Term Lender Committee holding at least fifty and 1/100 percent (50.01%) of the aggregate principal amount of the Term Loans that are held by all Consenting Term Loan Lenders that are members of the Term Lender Committee or (ii) if the members of the Term Lender Committee collectively hold less than thirty-five percent (35%) of the aggregate principal amount of the Term Loans, the Consenting Term Loan Lenders holding at least fifty and 1/100 percent (50.01%) of the aggregate principal amount of Term Loans held by all Consenting Term Loan Lenders.