Required Term Loan A Lenders definition

Required Term Loan A Lenders means, as of any date of determination, Term Loan A Lenders having more than 50% of the Outstanding Amount of the Term Loan A; provided that the Outstanding Amount of the Term Loan A held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Loan A Lenders.

Required Term Loan A Lenders means, as of any date of determination, Lenders having more than fifty percent (50%) of the aggregate principal amount of Term Loan A Commitments; provided that the Term Loan A Commitments held or deemed held by any Defaulting Lender shall be excluded for purposes of making determinations of Required Term Loan A Lenders.

Required Term Loan A Lenders shall be based on the Outstanding Amount of the Term Loan A.

Examples of Required Term Loan A Lenders in a sentence

• The Agent may, and it shall at the request of the Required Term Loan A Lenders and after the Term Loan A has been paid in full at the request of the Required Term Loan B Lenders, terminate this Agreement immediately at any time during the continuance of an Event of Default under Section 9.1.

• After receipt by the Required Term Loan A Lenders (other than the FF&E Lender) of the Initial Time Share Premises Payment, all references in this Agreement to the Required Term Loan A Lenders with respect to the Time Share Premises shall include the FF& E Lender.

• The Borrower shall not amend, modify or waive any material provision of any Management Agreement or any Leasing Services Agreement except upon notice and with the prior written consent of Agent (acting upon the reasonable direction of the Required Term Loan A Lenders), which consent shall not be unreasonably withheld or delayed.

• The Required Term Loan A Lenders shall be reasonably satisfied as to the implementation by the Borrower of a cash management system and the Agent shall have received blocked account/control agreements with respect to the Operating Accounts and all other Accounts in form and substance reasonably satisfactory to the Agent.

• The Borrower shall not, without the prior written consent of the Agent (acting upon the reasonable direction of the Required Term Loan A Lenders) which consent shall not be unreasonably withheld or delayed, enter into, amend or modify in any material respect, cancel, terminate or shorten the term of, or waive any material term, condition or requirement under, any Material Operating Agreement (other than entering into agreements in connection with the Time Share Plan in accordance with Section 8.23).

More Definitions of Required Term Loan A Lenders

Required Term Loan A Lenders. (except for, in each case, technical amendments with respect to the establishment of additional tranches or additional extensions of credit pursuant to this Agreement to provide for substantially the same kind of treatment afforded those tranches and extensions of credit on the Closing Date, and except for, solely in respect of this Section 11.01(a)(iii), technical amendments which do not adversely affect the rights of the Term Loan A Lenders);

Required Term Loan A Lenders or "Required Term Loan B Lenders," or any other provision hereof, in each case to the extent such change would alter the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder, without the written consent of each Lender directly affected thereby;

Required Term Loan A Lenders means, as of any date of determination, Lenders holding more than 50% of the sum of (a) prior to the making of the Term Loan A, the Term Loan A Commitments and (b) after the making of the Term Loan A, the outstanding principal amount of the Term Loan A and any New Term Loan. For purposes of the definition of “Required Term Loan A Lenders”, (i) the Loans held by any Defaulting Lender and (ii) the Loans held by the Borrower or any of its Affiliates or Subsidiaries, shall, in each case, be excluded for purposes of making a determination of Required Term Loan A Lenders.

Required Term Loan A Lenders means the Term Loan A Lenders having more than sixty-six and two-thirds percent (66-2/3%) of the aggregate amount of the Term Loan A Commitments, or, if the Term Loan A Commitments shall have terminated, Required Term Loan A Lenders shall mean the Term Loan A Lenders holding more than sixty-six and two-thirds percent (66-2/3%) of the unpaid principal amount of the Term Loan A Loans.

Required Term Loan A Lenders shall be based on the Outstanding Amount of the Term Loan A.Term A Loan hereunder. The aggregate amount of the Term A Loan Commitments of all Term A Loan Lenders on the Second Amendment Effective Date is FIVE HUNDRED MILLION DOLLARS ($500,000,000). The amount of the Term A Loan Commitments is identified on Schedule 2.01.

Required Term Loan A Lenders means Lenders holding not less than 51% of the Aggregate Term Loan A Exposure.

Required Term Loan A Lenders means, at any time, the Lenders whose aggregate Term Loan A Commitments and pro rata shares of Term Loan A total more than fifty percent (50%) of the Term Loan A Commitment and the outstanding principal of Term Loan A.