Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility on such date; provided that the portion of the Term A Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.
Required Term A Lenders means, as of any date of determination, Lenders holding more than fifty percent (50%) of the aggregate principal amount of Term A Loan Commitments (or, from and after the initial borrowings hereunder, the Term A Loans); provided that the Term A Loan Commitments held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.
Examples of Required Term A Lenders in a sentence
Thereafter, upon the request of the Required Term A Lenders or the Required Revolving Lenders, the Borrower and the Guarantors shall enter into an amendment to this Agreement and, if applicable, the other Loan Documents, evidencing the incorporation of such Most Favored Lender Provisions, it being agreed that any failure to make such request or to enter into any such amendment shall in no way qualify or limit the incorporation described in clause (i) of the immediately preceding sentence.
More Definitions of Required Term A Lenders
Required Term A Lenders means at any time, Term A Lenders holding in the aggregate more than 50% of the aggregate outstanding principal amount of all Term A Loans and Term A Commitments.
Required Term A Lenders means at any time Term A Lenders having aggregate Term A Percentages in excess of 50%.
Required Term A Lenders means, collectively, Term A Lenders having more than 50% of the principal amount of the Term A Loans then outstanding. For the avoidance of doubt, the principal amount of Term A Loans outstanding of any Defaulting Lender shall not be included in the numerator or the denominator for the calculation of “Required Term A Lenders” for purposes hereof.
Required Term A Lenders means, subject to Section 2.22, at any time, Term A Lenders having Term A Loans and unused Term A Loan Commitments representing more than 50% of the sum of the total outstanding principal amount of Term A Loans and unused Term A Loan Commitments at such time.
Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the sum of the (a) aggregate Outstanding Amount of the Term A Loans and (b) aggregate unused Term A Commitments; provided that the unused Term A Commitment of, and the portion of the aggregate Outstanding Amount of the Term A Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Term A Lenders.
Required Term A Lenders means, as of any date of determination, Term A Lenders holding more than 50% of the Term A Facility or the commitments thereunder on such date.
Required Term A Lenders or “Required Term B Lenders” without the written consent of each Lender under the applicable Facility;