Requisite First Lien Lenders definition

Requisite First Lien Lenders means, as of the date of determination, Consenting First Lien Lenders holding at least a majority of the aggregate principal amount outstanding of the First Lien Debt then held by all Consenting First Lien Lenders.
Requisite First Lien Lenders means, as of the relevant date, Consenting First Lien Lenders that collectively hold at least a majority of the aggregate outstanding principal amount of the First Lien Claims.
Requisite First Lien Lenders means the Holders of a majority of the aggregate outstanding principal amount of the Claims held by the First Lien Lenders.

Examples of Requisite First Lien Lenders in a sentence

  • Intercompany Claims shall be, at the option of the applicable Debtor with the consent of the Requisite First Lien Lenders, either: (i) Reinstated; or (ii) canceled and released without any distribution on account of such Claims.

  • Pursuant to section 510 of the Bankruptcy Code, except where otherwise provided herein, the Reorganized Debtors (with the consent of (a) the Requisite First Lien Lenders and (b) the Owners solely to the extent the provisions therein affect the legal and/or economic rights of the Owners) reserve the right to re-classify any Allowed Claim or Interest in accordance with any contractual, legal, or equitable subordination rights relating thereto.

  • Subject to Article IV.E of this Plan, the Reorganized Debtors shall enter into such agreements and amend their corporate governance documents to the extent necessary to implement the terms and provisions of the Plan, which shall be in form and substance reasonably satisfactory to (a) the Requisite First Lien Lenders and (b) the Owners solely to the extent the provisions therein affect the legal and/or economic rights of the Owners.

  • The Mishna is of course speaking of Herod's Temple, not Solomon's.But somehow Ritmeyer claims that Solomon's Temple was an ama x ama and shows the remainder of the mountas Herod's extended courts..

  • The Exit ABL Facility shall (a) be secured by a first priority lien on, inter alia, the collateral that currently secures the Prepetition ABL Claims and a second priority lien on, inter alia, the collateral that currently secures the Prepetition Term Loan Claims, (b) have material terms and conditions that are substantially similar to those in the Prepetition ABL Credit Agreement, and (c) be acceptable to the Requisite First Lien Lenders.


More Definitions of Requisite First Lien Lenders

Requisite First Lien Lenders means, as of the date of determination, Consenting First Lien Lenders holding at least a majority in aggregate principal amount outstanding of the First Lien Loans held by the Consenting First Lien Lenders as of such date.
Requisite First Lien Lenders means, as of the date of determination, Consenting Lenders that are members of the Consenting Term Loan Committee holding at least a majority of the aggregate outstanding principal amount of the Term Loan Claims held by all of the Consenting Lenders that are members of the Consenting Term Loan Committee as of such date.
Requisite First Lien Lenders means, as of the date of determination, Consenting Creditors holding at least a majority in aggregate principal amount of First Lien Loans held by the Consenting Creditors as of such date.
Requisite First Lien Lenders means, collectively, Lenders having more than fifty percent (50%) of the sum of (a) the aggregate outstanding amount of the Revolving Credit Commitments or, after the Revolving Credit Termination Date, the aggregate Revolving Credit Outstandings and (b) the aggregate outstanding amount of the Term B Commitments or, after the Closing Date, the principal amount of all Term B Loans then outstanding. A Non-Funding Lender shall not be included in the calculation of "Requisite First Lien Lenders."
Requisite First Lien Lenders. Requisite Revolving Credit Lenders", "Requisite Term B Lenders", "Requisite Term C Lenders" and any similar terms shall, unless the context clearly otherwise indicates, include, without limitation, each Agent in its individual capacity as a Lender, Revolving Credit Lender, Optional Currency Lender, Term Loan Lender, Term B Lender, Term C Lender or as one of the Requisite Lenders, Requisite First Lien Lenders, Requisite Revolving Credit Lenders, Requisite Term B Lenders or Requisite Term C Lenders. Each Agent and each of its Affiliates may accept deposits from, lend money to, and generally engage in any kind of banking, trust or other business with, any Loan Party as if such Agent were not acting as an Agent.
Requisite First Lien Lenders means, at any time, Lenders having more than fifty percent (50%) of the sum of (a) the aggregate amount of the Revolving Credit Commitments or, after the Revolving Credit Maturity Date, the Revolving Credit Exposure and (b) the aggregate outstanding amount of all Term B Loans.