Requisite Extending Lenders definition

Requisite Extending Lenders means at any time Lenders having Revolving Credit Committed Amounts constituting at least a majority of the Revolving Credit Committed Amounts of all Lenders at such time.
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Requisite Extending Lenders means, as of any date, (a) Extending Lenders having more than 50% of the aggregate amount of the Extended Commitments of all Extending Lenders or (b) if the Extended Commitments have been terminated or reduced to zero, Extending Lenders holding more than 50% of the principal amount of the aggregate outstanding Loans and Letter of Credit Liabilities; provided, that (i) in determining such percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded, and (ii) at all times when two or more Lenders (excluding Defaulting Lenders) are party to this Agreement, the term “Requisite Extending Lenders” shall in no event mean fewer than two Lenders.
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Requisite Extending Lenders shall in no event mean fewer than two Lenders.
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More Definitions of Requisite Extending Lenders

Requisite Extending Lenders means as of any date of determination Extending Lenders having Extension Obligations which represent, in the aggregate, a majority of the amount of Extension Obligations as in effect on such date; provided that the Extension Obligations held or deemed held by any Defaulting Lender shall be excluded for purposes of making a determination of Requisite Extending Lenders.
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Related to Requisite Extending Lenders

  • Extending Lenders has the meaning specified in Section 2.08.

  • Non-Extending Lender has the meaning specified in Section 2.18(b).

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Requisite Revolving Lenders means Lenders having (a) more than 66 2/3% of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, more than 66 2/3% of the aggregate outstanding amount of the Revolving Loan.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Non-Extending Bank has the meaning set forth in Section 2.09(a) hereof.

  • Continuing Lenders as defined in the recitals hereto.

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

  • Existing Lenders has the meaning specified in the recitals hereto.

  • 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.

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Additional Revolving Lender means any Lender with an Additional Revolving Credit Commitment or any Additional Revolving Credit Exposure.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Supermajority Revolving Lenders means Lenders having (a) 80% or more of the Revolving Loan Commitments of all Lenders, or (b) if the Revolving Loan Commitments have been terminated, 80% or more of the aggregate outstanding amount of the Revolving Loan (with the Swing Line Loan being attributed to the Lender making such Loan) and Letter of Credit Obligations.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • New Revolving Lender as defined in Section 2.24.

  • Revolving Lenders means, as of any date of determination, Lenders having a Revolving Loan Commitment.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Continuing Lender as defined in Section 2.17(a).

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • 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.

  • Incremental Revolving Credit Lender means a Lender with an Incremental Revolving Credit Commitment or an outstanding revolving loan under the Credit Agreement of any class as a result of an Incremental Revolving Credit Commitment.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.

  • Existing Revolving Commitments has the meaning assigned to such term in Section 2.27(a).