Required Tranche B Term Loan Lenders definition

Required Tranche B 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 B Term Loan Commitments at such date and (b) the outstanding principal amount of the Tranche B Term Loans (excluding Tranche B Term Loans held by Defaulting Lenders) in the aggregate at such date.
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Required Tranche B Term Loan Lenders means, as of any date of determination, Tranche B Term Loan Lenders (except for Tranche B1 Term Loan Lenders and Tranche B2 Term Loan Lenders) having more than fifty percent (50%) of the Outstanding Amount of the Tranche B Term Loans (except for Tranche B1 Term Loans and Tranche B2 Term Loans); provided that the portion of the Outstanding Amount of the Tranche B Term Loans (except for Tranche B1 Term Loans and Tranche B2 Term Loans) held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Tranche B Term Loan Lenders.
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Required Tranche B Term Loan Lenders at any time, Tranche B Term Loan Lenders the Tranche B Term Loan Percentages of which aggregate more than 50%.
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Examples of Required Tranche B 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 B Term Loan Lenders

Required Tranche B Term Loan Lenders means, at any date, Lenders holding a majority of the aggregate outstanding principal amount of the Tranche B Term Loans (excluding Tranche B Term Loans held by Defaulting Lenders for all purposes of this definition) at such date.
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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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Required Tranche B Term Loan Lenders means, at any time, the Tranche B Term Loan Lenders (excluding, for the avoidance of doubt, Incremental Tranche B-1 Term Loan Lenders) having
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Required Tranche B Term Loan Lenders. “Tranche B Repayment Amount”, “Tranche B Repayment Date”, “Tranche B Term Loan”, “Tranche B Term Loan Commitment”, “Tranche B Term Loan Lender” and “Tranche B Term Loan Maturity Date”.
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Required Tranche B Term Loan Lenders in clause (ix) thereof, (iv) deleting the phrase ““Pro Rata Tranche B Term Shares” in clause (ix) thereof and replacing it with the phrase ““Pro Rata Tranche B Term Share,””, (v) inserting the phrase ““Pro Rata Tranche B1 Term Share,”” immediately following the phrase ““Pro Rata Tranche B Term Share,”” in clause (ix) thereof and (vi) deleting the phrase “and the Required Tranche B Term Loan Lenders” in the hanging paragraph immediately following clause (x) thereof and replacing it with the phrase “, the Required Tranche B Term Loan Lenders and the Required Tranche B1 Term Loan Lenders”.
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Required Tranche B 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 B Term Loans plus (ii) the Tranche B Portion of the HSBC China L/C Obligations remaining outstanding.
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Related to Required Tranche B Term Loan Lenders

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

  • 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 Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • 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.

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

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • 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 Lender each Lender that has a Tranche B Term Commitment or that holds a Tranche B Term Loan.

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

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

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

  • 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.

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • 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.