Required Revolving Class Lenders means, at any date, Non-Defaulting Lenders having or holding greater than 50% of the Adjusted Total Revolving Credit Commitment or the Adjusted Total Additional/Replacement Revolving Credit Commitment, as applicable, at such date (or, if the Total Revolving Credit Commitment or Total Additional/Replacement Revolving Credit Commitment has been terminated at such time, a majority of the outstanding principal amount of the Revolving Credit Loans and Revolving Credit Exposure (excluding the Revolving Credit Exposure of Defaulting Lenders) or of the Additional/Replacement Revolving Credit Loans and related revolving credit exposure (excluding the revolving credit exposure of Defaulting Lenders) at such time).
Required Revolving Class Lenders means, at any date and with respect to any Credit Facility that is not a Term Loan Facility, Non-Defaulting Lenders having or holding a majority of (a) the Commitments at such date with respect to such Credit Facility or (b) if the Commitments with respect to such Credit Facility have been terminated or, for the purposes of acceleration pursuant to Section 11, the aggregate outstanding principal amount of the Loans and Revolving Credit Exposure, in each case with respect to such Credit Facility (excluding the Revolving Credit Exposure with respect to such Credit Facility of Defaulting Lenders) at such time.
Required Revolving Class Lenders means, with respect to the applicable Class and at any date, Non-Defaulting Lenders having or holding greater than 50% of the Adjusted Total Revolving Credit Commitment or the Adjusted Total Additional/Replacement Revolving Credit Commitment, as applicable, at such date (or, if the Total Revolving Credit Commitment or Total Additional/Replacement Revolving Credit Commitment has been terminated at such time, a majority of the outstanding principal amount of the Revolving Credit Loans and Revolving Credit Exposure (excluding such Loans and the Revolving Credit Exposure of Defaulting Lenders) or of the Additional/Replacement Revolving Credit Loans and related revolving credit exposure (excluding such Loans and the revolving credit exposure of Defaulting Lenders) at such time). “Required Term Class Lenders” shall mean, at any date and with respect to any Credit Facility consisting of Term Loans, Non-Defaulting Lenders having or holding greater than 50% of the outstanding principal amount of the Term Loans of such Credit Facility in the aggregate at such date. “Resignation Effective Date” shall have the meaning provided in Section 12.8. “Restoration Certification” shall mean, with respect to any Recovery Prepayment Event, a certification made by an Authorized Officer of the Borrower or a Restricted Subsidiary, as applicable, to the Administrative Agent prior to the end of the Reinvestment Period certifying (a) that the Borrower or such Restricted Subsidiary intends to use the proceeds received in connection with such Recovery Prepayment Event to repair, restore or replace the property or assets in respect of which such Recovery Prepayment Event occurred, or otherwise invest in assets useful to the business, (b) the approximate costs
More Definitions of Required Revolving Class Lenders
Required Revolving Class Lenders means, at any date, Non-Defaulting Lenders having or holding greater than 50% of the Adjusted Total Revolving Credit Commitment or the Adjusted Total Additional/Replacement Revolving Credit Commitment, as applicable, at such date (or, if the Total Revolving Credit Commitment or Total Additional/Replacement Revolving Credit Commitment has been terminated at such time, a majority of the outstanding principal amount of the Revolving Credit Loans and Revolving
Required Revolving Class Lenders. “Required Term Class Lenders” or “Required Additional/Replacement Revolving Credit Lenders”, in each case without the written consent of each Revolving Credit Lender, each Term Lender or each Additional/Replacement Revolving Credit Lender, as applicable, or (iii) amend, modify or waive any provision of this Section 13.1 or reduce the percentages specified in the definition of the term “Required Lenders” or consent to the assignment or transfer by the Borrower of its rights and obligations under any Credit Document to which it is a party (except as permitted pursuant to Section 10.3), without the written consent of each Lender, or (iv) amend, modify or waive Section 5.4 of the Security Agreement, Section 12(b) of the Pledge Agreement or Section 5.02 of the GP Undertaking without the consent of each Lender, or (v) amend, modify or waive any provision of Section 12 without the written consent of the Administrative Agent and/or the Collateral Agent (and/or each former Agent), as applicable, affected thereby, or (vi) amend, modify or waive any provision of Section 2.16 (to the extent applicable to it) or Section 3 without the written consent of each Letter of Credit Issuer affected thereby, or (vii) amend, modify or waive any provisions hereof relating to Swingline Loans without the written consent of the Swingline Lender, or (viii) change any Commitment to a Commitment of a different Class without the prior written consent of each Lender directly and adversely affected thereby, or (ix) release all or substantially all of the Guarantors under the Guarantee, or release all or substantially all of the Collateral under the Security Documents, in each case without the prior written consent of each Lender, or