Required Term Loan B Lenders definition

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

Required Term Loan B Lenders at any time, the holders of more than 50% of the Available Term Loan B Commitments plus the aggregate unpaid principal amount of the Term Loan B Loans then outstanding.

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

Examples of Required Term Loan B Lenders in a sentence

• During the existence of a Default, no Loans may be requested as, converted to or continued as Eurocurrency Rate Loans (whether in Dollars or any Alternative Currency) without the consent of the Required Revolving Lenders, the Required Term Loan A Lenders or the Required Term Loan B Lenders, as applicable.

• The covenants contained in this Section 9 are for the sole and exclusive benefit of the Term Loan B Lenders and shall not inure to the benefit of the Revolving Lenders (or their successors or permitted assigns) and such covenants may only be amended, modified, supplemented or waived by the Required Term Loan B Lenders and without notice to, or the consent of, the Revolving Lenders (or their successors or permitted assigns).

• The provisions contained in this Section 10 are for the sole and exclusive benefit of the Term Loan B Lenders and shall not inure to the benefit of the Revolving Lenders (or their successors or permitted assigns) and such provisions may only be amended, modified, supplemented or waived by the Required Term Loan B Lenders and without notice to, or the consent of, the Revolving Lenders (or their successors or permitted assigns).

• The conditions precedent contained in this Section 5.4 are for the sole and exclusive benefit of the Term Loan B Lenders and shall not inure to the benefit of the Revolving Lenders (or their successors or permitted assigns) and such conditions precedent may only be amended, modified, supplemented or waived by the Required Term Loan B Lenders and without notice to, or the consent of, the Revolving Lenders (or their successors or permitted assigns).

• During the existence of a Default, no Loans may be requested as, Converted to or Continued as Eurodollar Rate Loans without the consent of the Required Revolving Lenders or the Required Term Loan B Lenders, as applicable.

More Definitions of Required Term Loan B Lenders

Required Term Loan B Lenders means, at any time, Lenders whose Pro Rata Shares (determined pursuant to clause (c) of such definition) aggregate at least 50.1% of the Term Loan B Commitment (or, from and after the making of Term Loan B, the aggregate unpaid principal amount of Term Loan B); provided, that, “Required Term B Loan Lenders” shall include Administrative Agent.

Required Term Loan B Lenders means Term Loan B Lenders holding not less than 51% of the Term Loan B Commitments (or 51% of the Aggregate Term Loan B Outstandings if the Term Loan B Commitments have been terminated.)

Required Term Loan B Lenders as at any date, shall mean (i) if there shall be three (3) or fewer Term Loan B Lenders, at least two (2) of all Term Loan B Lenders on such date, and (ii) if there shall be more than three (3) Term Loan B Lenders, the Term Loan B Lenders on such date having Credit Exposures with respect to the Term Loan B Credit Facility greater than 50% of the aggregate Credit Exposures with respect to the Term Loan B Credit Facility of all the Term Loan B Lenders on such date.

Required Term Loan B Lenders as at any date, shall mean the Term Loan B Lenders on such date having Credit Exposures with respect to the Term Loan B Credit Facility greater than 50% of the aggregate Credit Exposures with respect to the Term Loan B Credit Facility of all the Term Loan B Lenders on such date.

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

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

Required Term Loan B Lenders means, as of any date of determination, Term Loan B Lenders whose Voting Percentages (determined solely with respect to Term Loan B Outstandings) aggregate at least 66-2/3% (or such other percentage as shall be specified in the Supplemental Credit Documents) of the Voting Percentages (similarly determined) of all Term Loan B Lenders.