Super Majority Consenting Creditors definition

Super Majority Consenting Creditors means, at any time, Consenting Creditors who hold an aggregate outstanding principal amount of the Notes of more than 75% of the outstanding principal amount of the Notes held in aggregate by the Consenting Creditors, at that time.
Super Majority Consenting Creditors means Consenting Creditors representing Supporting Claims with an aggregate principal amount of more than 66⅔% of the Supporting Claims held in aggregate by the Consenting Creditors, provided that to the extent that the Consenting Creditors include at least one Weighted Noteholder and at least one Weighted RCF Lender, such majority shall include at least one Weighted Noteholder and one Weighted RCF Lender.
Super Majority Consenting Creditors means, at any time, Consenting Creditors who hold (beneficially, as principal) an aggregate outstanding principal amount of the Existing Bonds more than 75% of the outstanding principal amount of the Existing Bonds held in aggregate by all Consenting Creditors, at that time.

Examples of Super Majority Consenting Creditors in a sentence

  • Subject to the next paragraph, any term of the Restructuring as set out in the Term Sheet, may only be amended or waived by each of the Super Majority Consenting Creditors and the Company, in each case each acting reasonably.

  • Espe-cially in the case of GP trainees who are not working as GPs, there seems to be a need to tailor the positions.


More Definitions of Super Majority Consenting Creditors

Super Majority Consenting Creditors means, at any time, Consenting Creditors who hold (in the aggregate) more than 75% of the outstanding principal amount of the Notes held (in the aggregate) by all Consenting Creditors at that time.
Super Majority Consenting Creditors means the Consenting Unsecured Creditors whose Locked-up Unsecured Debt in respect of the DOCA Companies, as calcula xxx by the Administrators (acting reasonably), constitutes in aggregate, at least 66 ⅔ per cent, of the Locked-up Unsecured Debt in respect of the DOCA Companies, of all the Consenting Unsecured Creditors;
Super Majority Consenting Creditors means, at any time, Consenting Creditors who hold (in aggregate) more than 75% of the outstanding principal amount of the Notes held (in aggregate) by all Consenting Creditors, at that time.

Related to Super Majority Consenting Creditors

  • Super Majority Lenders means at any time a Lender or group of Lenders whose Commitments aggregate more than 80% of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated more than 80% of the Total Commitments immediately prior to that reduction).

  • Requisite Holders means the holders of the Warrants representing a majority of the shares of Common Stock underlying the Warrants then outstanding.

  • Supermajority Vote means the affirmative vote of at least seventy-five percent (75%) of the Members.

  • Consenting Noteholders has the meaning set forth in the preamble to this Agreement.

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Majority in Interest As to any Class of Regular Certificates, the Holders of Certificates of such Class evidencing, in the aggregate, at least 51% of the Percentage Interests evidenced by all Certificates of such Class.

  • Required Majority means a required majority, as defined in Section 57(o) of the Act.8

  • Majority Shareholder Vote means a vote of “a majority of the outstanding voting securities” (as such term is defined in the 0000 Xxx) of the Trust with each class and series of Shares voting together as a single class, except to the extent otherwise required by the 1940 Act or this Declaration with respect to any one or more classes or series of Shares, in which case the applicable proportion of such classes or series of Shares voting as a separate class or series, as the case may be, also will be required.

  • Requisite Majority means, as at any particular time, Passenger Operators whose Vehicle departures from the Station, expressed as a percentage of Total Departures, as at the relevant date, together are at least equal to the percentage specified in paragraph 4 of Annex 8 (or such other percentage as the ORR may specify by notice to the Station Facility Owner and to each Passenger Operator as the new percentage which is to apply for these purposes following the entry into, variation, amendment or termination of an access contract permitting a passenger service operator to use the Station, a Change in Control of any Passenger Operator or any event which results in a material change to the proportion of the Total Departures made by trains operated by or on behalf of any Passenger Operator);

  • special majority means the majority of votes described in §11.2 which is required to pass a special resolution. Act and Interpretation Act Definitions Applicable

  • Requisite Creditors of any Class shall mean each of (x) with respect to the Credit Document Obligations, the Required Banks and (y) with respect to the Other Obligations, the holders of at least a majority of all obligations outstanding from time to time under the Interest Rate Protection Agreements or Other Hedging Agreements.