Required Tranche A Term Loan Lenders definition

Required Tranche A Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (a) the portion of the Adjusted Total Term Loan Commitment that relates to Tranche A Term Loan Commitments at such date and (b) the outstanding principal amount of the Tranche A Term Loans (excluding Tranche A Term Loans held by Defaulting Lenders) in the aggregate at such date.
Required Tranche A Term Loan Lenders means, at any time, the Tranche A Term Loan Lenders having outstanding Tranche A Term Loans representing more than 50% of the sum of the outstanding Tranche A Term Loans at such time, in each case subject to the proviso in the definition of “Class”.
Required Tranche A Term Loan Lenders means, as of any date of determination, Tranche A Term Loan Lenders having more than fifty percent (50%) of the Outstanding Amount of the Tranche A Term Loans; provided that the portion of the Outstanding Amount of the Tranche A Term Loans held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Tranche A Term Loan Lenders.

Examples of Required Tranche A Term Loan Lenders in a sentence

  • Neither Agent shall be liable for any action taken or not taken by it with the consent or at the request of the Required Lenders or, if provided herein, with the consent or at the request of the Required Revolving Credit Lenders, the Required Tranche A Term Loan Lenders or the Required Tranche B Term Loan Lenders, or in the absence of its own gross negligence or wilful misconduct.


More Definitions of Required Tranche A Term Loan Lenders

Required Tranche A Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the aggregate outstanding principal amount of the Tranche A Term Loans (excluding Tranche A Term Loans held by Defaulting Lenders for all purposes of this definition) at such date.
Required Tranche A Term Loan Lenders. Required Tranche B Term Loan Lenders" or "Required Tranche C Term Loan Lenders", or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or under any other Loan Document or make any determination or grant any consent hereunder or thereunder, without the written consent of each Lender (except as a result of the designation of Incremental Facility Loans, and the related commitments to provide such Incremental Facility Loans hereunder, as a "Class" of Loans or Commitments hereunder which, as contemplated by Section 7.01(e), shall only require the consent of the Required Lenders); or" In addition, the last paragraph of Section 10.02(b) of the Credit Agreement is hereby amended to read in its entirety as follows: "Anything in this Agreement to the contrary notwithstanding, no waiver or modification of any provision of this Agreement that has the effect (either immediately or at some later time) of enabling the Borrower to satisfy a condition precedent to the making of a Loan of any Class shall be effective against the Lenders of such Class, unless the Required Revolving Credit Lenders, Required Tranche A Term Loan Lenders, Required Tranche B Term Loans Lenders or Required Tranche C Term Loan Lenders (whichever of such Class is so affected) shall have concurred with such waiver or modification."
Required Tranche A Term Loan Lenders. Required Tranche B-1 Term Loan 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), in each case without the written consent of each Lender directly and adversely affected thereby, or (iii) amend, modify or waive any provision of Section 12 without the written consent of the then-current Administrative Agent, or (iv) amend, modify or waive any provision of Section 3 without the written consent of the Letter of Credit Issuer, or (v) amend, modify or waive any provisions hereof relating to Swingline Loans without the written consent of the Swingline Lender, or (vi) change any Revolving Credit Commitment to a Term Loan Commitment, or change any Term Loan Commitment to a Revolving Credit Commitment, in each case without the prior written consent of each Lender directly and adversely affected thereby, or (vii) release all or substantially all of the Guarantors under the Guarantee (except as expressly permitted by the Guarantee) or release all or substantially all of the Collateral under the Pledge Agreements, the Security Agreements and the Mortgages, in each case without the prior written consent of each Lender, or (viii) amend Section 2.9 so as to permit Interest Period intervals greater than six months without regard to availability to Lenders, without the written consent of each Lender directly and adversely affected thereby, or (ix) decrease any Tranche A Repayment Amount, extend any scheduled Tranche A Repayment Date or decrease the amount or allocation of any mandatory prepayment to be received by any Lender holding any Tranche A Term Loans, in each case without the written consent of the Required Tranche A Term Loan Lenders, or (x) decrease any Tranche B-1 Repayment Amount, extend any scheduled Tranche B-1 Repayment Date or decrease the amount or allocation of any mandatory prepayment to be received by any Lender holding any Tranche B-1 Term Loans, in each case without the written consent of the 110
Required Tranche A Term Loan Lenders. Required Tranche B Term Loan Lenders” or “Required Tranche C Term Loan 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) or alter the order of application set forth in the final paragraph of Section 11, in each case without the written consent of each Lender directly and adversely affected thereby, or
Required Tranche A Term Loan Lenders without the consent of all of the Tranche A Term Loan Lenders or (z) "Required Tranche B Term Loan Lenders" without the consent of all of the Tranche B Term Loan Lenders or (xi) amend or modify any provision of this Agreement which expressly provides for the unanimous consent or approval of the Lenders or all of the Lenders of a particular Tranche without the consent of all of the Lenders in such Tranche. No such amendment, modification, waiver or consent shall (i) amend Section 2.21 hereof or adversely affect the rights and obligations of the Issuing Bank hereunder without its prior written consent or (ii) amend Section 2.04 hereof or adversely affect the rights and obligations of the Swingline Lender without its prior written
Required Tranche A Term Loan Lenders or "Required Tranche B Term Loan Lenders", or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or under any other Loan Document or make any determination or grant any consent hereunder or thereunder, without the written consent of each Lender (except as a result of the designation of Incremental Facility Loans, and the related commitments to provide Incremental Facility Loans hereunder, as a "Class" of Loans or Commitments hereunder which, as contemplated by Section 7.01(e), shall only require the consent of the Required Lenders); or
Required Tranche A Term Loan Lenders means holders of greater than fifty percent (50%) of the sum of the aggregate amounts of (i) the unpaid principal amount of the Tranche A Term Loans plus (ii) the Bank of America L/C Obligations remaining outstanding plus (iii) the Tranche A Portion of the HSBC China L/C Obligations remaining outstanding.