Required Prepayment Lenders definition

Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

Required Prepayment Lenders means, at any time, the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans at such time (subject to the last paragraph of Section 9.08(b)).

Required Prepayment Lenders the holders of more than 50% of the aggregate unpaid principal amount of the Tranche A Term Loans and the Tranche B Term Loans.

Examples of Required Prepayment Lenders in a sentence

• The provisions of this Section do not constitute a consent to the consummation of any Disposition not permitted by Section 7.5. (c) Unless the Required Prepayment Lenders shall otherwise agree, if, for any fiscal year of the Borrower commencing with the fiscal year ending December 31, 2003, there shall be Excess Cash Flow, then, on the relevant Excess Cash Flow Application Date, the Loans shall be prepaid by an amount equal to 50% of such Excess Cash Flow, as set forth in Section 2.11(e).

• The Administrative Agent shall have received a Lender Consent Letter, substantially in the form of Exhibit B hereto, duly executed and delivered by the Required Lenders and, solely with respect to the amendments to Section 2.10, the Required Prepayment Lenders (in each case, as defined in the Existing Credit Agreement).

• Unless the Required Prepayment Lenders shall otherwise agree, if any Indebtedness shall be incurred by the Borrower or any of its Restricted Subsidiaries (excluding any Indebtedness incurred in accordance with Section 7.2 as in effect on the date of this Agreement), an amount equal to 100% of the Net Cash Proceeds thereof shall be applied on the date of such incurrence toward the prepayment of the Term Loans and the reduction of Revolving Credit Commitments as set forth in Section 2.10(e).

• This First Amendment shall become effective as of the date upon which the Administrative Agent receives counterparts of this First Amendment duly executed by Holdings, the Borrower, the Required Lenders and the Required Prepayment Lenders.

• The Administrative Agent and the Issuing Lender shall not be required to 109 103 give any notice to any Person other than the Borrower or the applicable Subsidiary Borrower that an automatic extension of a Letter of Credit shall not be effective, unless the Required Lenders (or, as appropriate, the Supermajority Lenders, Ortho Consent Lenders, Required Prepayment Lenders or Majority Facility Lenders) otherwise direct.

More Definitions of Required Prepayment Lenders

Required Prepayment Lenders the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans; provided that in determining Required Prepayment Lenders at any time, the Term Loans of each Defaulting Lender and each Affiliate Lender (other than any Debt Fund Affiliate) shall be disregarded.

Required Prepayment Lenders means the Majority Facility Lenders in respect of each Facility.

Required Prepayment Lenders. (a) while any Term Loans are outstanding, the Majority Facility Lenders in respect of the Term Loan Facility and (b) thereafter, the Majority Revolving Credit Facility Lenders.

Required Prepayment Lenders the Majority Facility Lenders in respect of the Term Loan Facility.

Required Prepayment Lenders the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans; provided, however, that determinations of the “Required Prepayment Lenders” shall exclude any Term Loans held by the Carlyle Fund, Parent, any subsidiary of Parent or Defaulting Lenders.

Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility (with the Tranche B Term Facility and the Incremental Term Facility being treated for this purpose as a single Facility).

Required Prepayment Lenders the Majority Facility Lenders in ----------------------------- respect of each Facility.