Required Lender definition

Required Lender. “Required Revolving Lender” and any similar terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, Agent or such Affiliate, as the case may be, in its individual capacity as Lender, Revolving Lender or as one of the Required Lenders or Required Revolving Lenders, respectively.
Required Lender and any similar terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, the Agent or such Affiliate, as the case may be, in its individual capacity as Lender, Revolving Lender or as one of the Required Lenders.
Required Lender means Lenders holding at least 66% of the aggregate outstanding principal amount of the Loans (or, if no Loans at the time of such determination are outstanding, then Lenders obligated with respect to at least 66% of the Commitments).

Examples of Required Lender in a sentence

  • Any consent required from the Administrative Agent or any Required Lender with respect to the foregoing shall not be unreasonably withheld, conditioned or delayed.


More Definitions of Required Lender

Required Lender means, on any date of determination, any combination of Lenders having more than 50% of the Revolving Advances and Term Advances then outstanding.
Required Lender. “Required Revolving Lender”, “Required Original Revolving Lender”, “Required LIFO Revolving Lender” and any similar terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, Agent or such Affiliate, as the case may be, in its individual capacity as Lender, Revolving Lender, Original Revolving Lender, LIFO Revolving Lender or as one of the Required Lenders, Required Revolving Lenders, Required Original Revolving Lenders or Required LIFO Revolving Lenders, respectively.
Required Lender shall require the consent of the Required Lenders, (y) no amendment, waiver or consent shall affect the rights or duties under any Loan Document of, or any payment to, the Administrative Agent (or otherwise modify any provision of Article X or the application thereof) or any SPV that has been granted an option pursuant to Section 11.2(f) unless in writing and signed by the Administrative Agent or, as the case may be, such SPV in addition to any signature otherwise required and (z) the consent of the Borrower shall not be required to change any order of priority set forth in Section 2.12.
Required Lender. “Majority Revolving Lender” and any similar terms shall, except where otherwise expressly provided in any Loan Document, include Administrative Agent or such Affiliate, as the case may be, in its individual capacity as Lender, Revolving Lender, one of the Required Lenders or one of the Majority Revolving Lenders, respectively.
Required Lender. Matters Consent of Exit Facility Lenders (except affiliates of the Borrower) holding more than 50% of outstanding Exit Facility Loans and undrawn Exit Facility Commitments to be required for any matter except a Sacred Right.
Required Lender. WHITE OAK STRATEGIC MASTER FUND, LP By: WHITE OAK GLOBAL ADVISORS, LLC, its Investment Advisor By: /s/ Xxx Xxxxxxx Name: Xxx Xxxxxxx Title: Managing Member
Required Lender and any similar terms shall, except where otherwise expressly provided in any Loan Document, include, without limitation, the Second Lien Collateral Agent or such Affiliate, as the case may be, in its individual capacity as Lender or as one of the Required Lenders.