Required Persons definition
Examples of Required Persons in a sentence
The Issuer shall not enter into any transaction described in subsection 8.3(c) of the Indenture unless the Trustee and the Required Persons shall have given their prior written consent thereto.
ICP will not cause or permit Buyer to amend its Certificate of Limited Partnership or partnership agreement without the prior written consent of the Required Persons.
Upon the occurrence and continuance of any other Early Amortization Event, after the applicable grace period, if any, set forth in such subsection, Trustee may (and, at the direction of the Required Persons, shall) by notice then given in writing to Transferor and Servicer, declare that an Early Amortization Period has commenced as of the date of Transferor's receipt of the notice.
Servicer shall promptly give notice to the Required Persons and the Rating Agencies upon the appointment of a successor Trustee.
No Guarantor Party shall have the right to assign its rights hereunder or any interest herein without the prior written consent of the Required Persons.
For purposes of this Agreement, the Prohibited Countries shall be those countries reasonably determined by the Required Persons as subject to Sanctions from time to time and notified to the Borrower Parties.
On the tenth day after Transferor receives notice or otherwise becomes aware of the occurrence of any Early Amortization Event described in subsection 6.1(e), an Early Amortization Period shall commence without any notice or other action on the part of Trustee or the Series 1996-1 Certificateholders, unless waived by the Required Persons (except that an Early Amortization Period shall commence immediately upon notice thereof from Trustee or the Required Persons prior to the running of such ten day period).
The Borrowers shall notify the Required Persons by telephone (confirmed by telecopy) of any prepayment of the Outstanding ILFC Loans hereunder not later than 11:00 a.m., New York City time, three Business Days before the date of prepayment in the case of a prepayment under Section 2.07(a) and one Business Day before the date of prepayment in the case of a prepayment under Section 2.07(b).
Not amend its certificate of formation or its limited liability company agreement, or engage in any business other than as contemplated by the Transaction Documents, unless (i) the Modification Condition has been satisfied in connection with the amendment or change in Transferor's business and (ii) Transferor shall have received the written consent of the Trustee (at the direction of the Required Persons).
The Issuer shall not make any material amendment to the Credit Manual without the prior written consent of the Required Persons for each Series.