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.
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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.
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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."
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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 time, Lenders having Tranche A Term Loans and unused Tranche A Term Loan Commitments representing at least 51% of the sum of the total Tranche A Term Loans and unused Tranche A Term Loan Commitments at such time.
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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
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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
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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
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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.
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Related to Required Tranche A Term Loan Lenders

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Required Term Loan Lenders means, at any date, Non-Defaulting Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the aggregate outstanding principal amount of the Term Loans (excluding Term Loans held by Defaulting Lenders) at such date.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • 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.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.