Required Consenting Term Loan Lenders definition

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 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, 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.

Examples of Required Consenting Term Loan Lenders in a sentence

• The salamander assemblage in Rockhouse Creek scored a 6.7 on the SPAR compared to a perfect 10 of White Oak Branch.

• Upon the occurrence of the Effective Date, the Reorganized Debtors shall be permitted to close all of the Chapter 11 Cases except for one of the Chapter 11 Cases as determined by the Reorganized Debtors and the Required Consenting Term Loan Lenders and all contested matters relating to each of the Debtors, including objections to Claims, shall be administered and heard in such Chapter 11 Case.

• The conditions to Confirmation and Consummation set forth in this Article IX may be waived by the Debtors only with the prior written consent of the Required Consenting Term Loan Lenders, the DIP ABL Agent, and the ABL Agent (email shall suffice), without notice, leave, or order of the Bankruptcy Court or any formal action other than proceedings to confirm or consummate the Plan.

• Each Intercompany Claim shall be, at the option of the Debtors and the Required Consenting Term Loan Lenders, setoff, contributed, distributed, compromised, settled, Reinstated, canceled and released without any distribution, or otherwise addressed in a manner determined by the Debtors and the Required Consenting Term Loan Lenders.

• This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement by and among Dream II Holdings, LLC, on behalf of the Company, the Required Consenting Term Loan Lenders, and the Sponsor.

More Definitions of Required 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.

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, one or more

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.

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, (i) Consenting Term Loan Lenders on the Term Loan Steering Committee (a) holding at least 50.01% of the aggregate outstanding principal amount of the Term Loans that are held by the Term Loan Steering Committee and (b) comprising at least a majority of the unaffiliated Consenting Term Loan Lenders on the Term Loan Steering Committee; or, (ii) if such threshold is not met, no fewer than five (5) unaffiliated Consenting Term Loan Lenders together holding at least 50.01% of the aggregate outstanding principal amount of the Term Loans that are held by Consenting Term Loan Lenders.