Requisite Facility Lenders means (a) for the Revolving Credit (USD) Facility, the Requisite Revolving Credit (USD) Lenders and (b) for the Revolving Credit (MC) Facility, the Requisite Revolving Credit (MC) Lenders.
Requisite Facility Lenders means Lenders (excluding all Defaulting Lenders) having more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving Commitments (or total Revolving Credit Obligations), as the case may be, outstanding under such Facility (excluding the Term Exposures, Revolving Commitments and Revolving Credit Obligations, as applicable, of all Defaulting Lenders).
Requisite Facility Lenders means with respect to the Term Facility or the Revolving Credit Facility, as applicable, the holders of more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving Credit Commitments, as the case may be, outstanding under such Facility (or, in the case of the Revolving Credit Facility, after any termination of the Revolving Credit Commitments, the holders of more than 51% of the total Revolving Credit Obligations); provided that, in the event any Lender shall be a Defaulting Lender, then for so long as such Lender is a Defaulting Lender, “Requisite Facility Lenders” means Lenders (excluding all Defaulting Lenders) having more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving Commitments (or total Revolving Credit Obligations), as the case may be, outstanding under such Facility (excluding the Term Exposures, Revolving Commitments and Revolving Credit Obligations, as applicable, of all Defaulting Lenders).
Examples of Requisite Facility Lenders in a sentence
Any amendment, waiver or consent that affects only the rights and duties of the Lenders under a specific Facility or that adversely affects the rights and duties of the Lenders under a specific Facility in a manner different than such amendment, waiver or consent affects the rights and duties of the Lenders under the other Facility shall, in addition to the Lenders required hereinabove to take such action, require the consent of the Requisite Facility Lenders for such Facility.
Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Requisite Lenders and Requisite Facility Lenders and in Section 13.6.
More Definitions of Requisite Facility Lenders
Requisite Facility Lenders means with respect to the Term Facility or the Revolving Credit Facility, as applicable, the holders of more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving Credit Commitments, as the case may be, outstanding under such Facility (or, in the case of the Revolving Credit Facility, after any termination of the Revolving Credit Commitments, the holders of more than 51% of the total Revolving Credit Obligations); provided that, while any Lender shall be a Defaulting Lender, “Requisite Facility Lenders” means Lenders (excluding all Defaulting Lenders) having more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving< Credit> Commitments (or total Revolving Credit Obligations), as the case may be, outstanding under such Facility (excluding the Term Exposures, Revolving< Credit> Commitments and Revolving Credit Obligations, as applicable, of all Defaulting Lenders).
Requisite Facility Lenders means with respect to the Term Facility or the Revolving Credit Facility, as applicable, the holders of more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving Credit Commitments, as the case may be, outstanding under such Facility (or, in the case of the Revolving Credit Facility, after any termination of the Revolving Credit Commitments, the holders of more than 51% of the total Revolving Credit Obligations); provided that, while any Lender shall be a Defaulting Lender, “Requisite Facility Lenders” means Lenders (excluding all Defaulting Lenders) having more than 51% of the total Term Exposures and unused Term Commitments or the total Revolving Commitments (or total Revolving Credit Obligations), as the case may be, outstanding under such Facility (excluding the Term Exposures, Revolving Commitments and Revolving Credit Obligations, as applicable, of all Defaulting Lenders).
Requisite Facility Lenders means, as of any date with respect to any Facility, the holders of more than 50% of (a) the sum of the total Term Exposures and unused Term Commitments (if any) or (b) the total Revolving Commitments, as the case may be, outstanding under such Facility (or, in the case of the Revolving Facility, after termination of all of the Revolving Commitments, the holders of more than 50% of the total Revolving Credit Exposures) at such time; provided that (i) in determining such percentage at any given time, all then existing
Requisite Facility Lenders means, with respect to any Facility, the holders of more than 50% of (a) the sum of the total Outstanding Term Exposures and unused Term Commitments or (b) the Total Revolving Commitments, as the case may be, outstanding under
Requisite Facility Lenders means, with respect to any Facility, the holders of more than 50% of the total Outstanding Term Exposures or the Total Revolving Commitments, as the case may be, outstanding under such Facility (or, in the case of the Revolving Facility, after termination of all of the Revolving Commitments, the holders of more than 50% of the total Outstanding Revolving Exposures); provided that, in the event any Lender shall be a Defaulting Lender, then for so long as such Lender is a Defaulting Lender, “Requisite Facility Lenders” means Lenders (excluding all Defaulting Lenders) having more than 50% of the total Outstanding Term Exposures or the Total Revolving Commitments (or total Outstanding Revolving Exposures), as the case may be, outstanding under such Facility (excluding the Outstanding Term Exposures, Revolving Commitments and Outstanding Revolving Exposures, as applicable, of all Defaulting Lenders).
Requisite Facility Lenders shall in no event mean less than two (2) Lenders party to such Facility. For purposes of this definition, a Revolving Lender (other than the applicable Issuing Bank) shall be deemed to hold a Letter of Credit Liability to the extent such Revolving Lender has acquired a participation therein under the terms of this Agreement and has not failed to perform its obligations in respect of such participation.