Specified Lenders definition

Specified Lenders means BARCLAYS BANK PLC, in its capacity as Lender as of the Amendment No. 2 Effective Date, and any permitted assignee thereof of its rights and obligations in respect of its Specified Commitment and its Loans associated therewith."

Specified Lenders shall include each of the Specified Agents in its individual capacity.

Specified Lenders means, collectively, the Lenders from time to time comprising the steering committee designated by JPMorgan Chase Bank in connection with this Agreement and the ongoing administration of the Cases; provided, that there shall at no time be more than ten Lenders on the steering committee (counting all affiliated Lenders as one for purposes of this proviso).

Examples of Specified Lenders in a sentence

• With respect to its Specified Loans made or renewed by it and any Specified Note issued to it, the Specified Agent shall have the same rights and powers under this Agreement and the other Specified Loan Documents as any Specified Lender and may exercise the same as though it were not a Specified Agent, and the terms "Specified Lender" and "Specified Lenders" shall include each of the Specified Agents in its individual capacity.

• Each Specified Agent is hereby irrevocably authorized by each of the Specified Lenders to execute any document creating any Lien and to release any Lien covering any asset of the Specified Borrower or any of its Subsidiaries (including, without limitation, any Properties, accounts receivable or inventory) that is the subject of a disposition, sale or assignment which is permitted under this Agreement or, subject to subsection 12.1, which has been consented to by the Required Lenders.

• In the event that an Agent receives such a notice, the Specified Agent shall give notice thereof to the Specified Lenders and other Agents.

• Each Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Required Lenders or all the Lenders, as it deems appropriate or it shall first be indemnified to its satisfaction by the Specified Lenders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action.

• Any such determination by the Specified Agent shall be conclusive and binding on the Specified Lenders.

More Definitions of Specified Lenders

Specified Lenders means, at any time, collectively, “Requisite Lenders” as defined in the Revolving Credit Agreement and “Requisite Lenders” as defined in the Term Loan Agreement. For purposes of this definition, votes will be determined in accordance with the provisions of Section 8.2.

Specified Lenders is defined in Section 2.2(c)(v)(2).

Specified Lenders shall have the meaning set forth in Section 11.5 hereof.

Specified Lenders means, as of any date, (a) Lenders having more than sixty-six and two-thirds percent (66-⅔%) of the aggregate amount of the Revolving Commitments and the outstanding Term Loans of all Lenders, or (b) if the Revolving Commitments have been terminated or reduced to zero, Lenders holding more than sixty-six and two-thirds percent (66-⅔%) of the principal amount of the aggregate outstanding Loans; 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 “Specified Lenders” shall in no event mean less than two Lenders.

Specified Lenders means Banco BBVA Perú, Banco de Crédito del Perú and Itaú Corpbanca New York Branch or any of their Affiliates in their capacity as Lenders hereunder.

Specified Lenders shall have the meaning set forth in Section 11.5 hereof. “Subordinated Debt” shall mean, collectively, any and all unsecured Indebtedness for borrowed money incurred by UniTek Parent (and neither incurred by nor guaranteed by any other Loan Party or any Subsidiary of any Loan Party) that provides for the payment of interest in kind (and not in cash) at all times prior to the final maturity thereof and is subordinated in favor of the payment in full of all Obligations and the Holdings Note on terms and conditions (including without limitation subordination terms (including any terms regarding the cash payment of interest) and provisions regarding enforcement standstills) reasonably acceptable to Required Lenders pursuant to a subordination agreement executed and delivered by the holders of such Indebtedness that is satisfactory in both form and substance to Required Lenders in their discretion (such satisfaction not to be unreasonably withheld, conditioned or delayed).

Specified Lenders has the meaning assigned to such term in Section 5.06(c)(iii).