Required First Lien Lenders means at any time First Lien Lenders holding a majority in interests of the aggregate unpaid principal amount of the First Lien Loans outstanding at such time; provided, however, that if any First Lien Lender shall be a Defaulting Lender at such time, there shall be excluded from the determination of Required First Lien Lenders at such time the aggregate principal amount of the Loans owing to such First Lien Lender (in its capacity as a First Lien Lender).

Required First Lien Lenders means “Required Lenders” as defined in the First Lien Credit Agreement and includes any comparable defined term under any First Lien Agreement if the First Lien Credit Agreement is replaced, refunded or refinanced.

Examples of Required First Lien Lenders in a sentence

This Agreement may be modified, amended, or supplemented in a writing signed by the Company Parties and the Required First Lien Lenders; provided, however, any modification, amendment, or supplement to this Agreement that materially adversely affects the Second Lien Noteholders in their capacity as holders of Second Lien Notes Claims must be acceptable to the Required Second Lien Noteholders.
On the Effective Date, each Intercompany Interest shall be Reinstated, cancelled, or otherwise settled to the extent determined to be appropriate by the Debtors or the Reorganized Debtors, as applicable, with the consent of the Required First Lien Lenders.
On the Effective Date, each Intercompany Claim shall be Reinstated, cancelled, or otherwise settled to the extent determined to be appropriate by the Debtors or the Reorganized Debtors, as applicable, with the consent of the Required First Lien Lenders.
Consequences for Storage Capacity• Storage gain is variable between approximately 89% and 96%.
Unless the period for advance notice of discontinuance of service required by Applicable Law is more than thirty (30) days, to the extent commercially feasible, Connectel shall send such notice at least thirty (30) days prior to its discontinuance of service.

More Definitions of Required First Lien Lenders

Required First Lien Lenders means, at any time, First Lien Lenders holding at least 51% of the sum of the aggregate unpaid principal amount owing under the Notes outstanding.

Required First Lien Lenders means, as of the date of determination, Consenting First Lien Lenders holding in excess of 60% of the aggregate principal amount of First Lien Facility Claims held by all Consenting First Lien Lenders.

Required First Lien Lenders means the Consenting First Lien Lenders who hold, in the aggregate, at least 66.67% in principal amount outstanding of all First Lien Claims held by the Consenting First Lien Lenders (excluding, for the avoidance of doubt, all of the First Lien Claims held by the Sponsor Entities and the Consenting Second Lien Lenders).

Required First Lien Lenders means, at any time, First-Lien Lenders having Revolving Credit Exposure, unused Revolving Credit Commitments, Term Loans and Term Loan Commitments representing more than 50% of the sum of all Revolving Credit Exposure, unused Revolving Credit Commitments, Term Loans and Term Loan Commitments at such time; provided that any Defaulting Lender shall be excluded for purposes of making a determination of Required First-Lien Lenders.

Required First Lien Lenders. “Required First Lien Secured Parties” or “Special L/C Facility Agreement Outstanding Amount,” set forth in Section 1.1 of the Intercreditor Agreement or (2) amend Section 5.1, 5.3(c) or 5.9(b) of the Intercreditor Agreement; and LSP Gen Finance Special L/C Facility Agreement

Required First Lien Lenders means Consenting First Lien Lenders holding more than 60% in principal amount of the First Lien Claims held by the Consenting First Lien Lenders in the aggregate as of the time of such determination.

Required First Lien Lenders means the “Required First-Lien Lenders” under, and as defined in, the Credit Agreement.