Unanimous Lenders definition

Unanimous Lenders means all Non-Defaulting Lenders in the aggregate having one hundred percent (100%) of the Aggregate Outstanding Credit Exposure and Aggregate Available Commitment held by all the Non-Defaulting Lenders.

Unanimous Lenders means (a) all of the Lenders under Facility A, and (b) all of the Lenders under Facility B.

Unanimous Lenders means, at any time, all Lenders.

Examples of Unanimous Lenders in a sentence

• Tenth: An approved backflow prevention device shall be required on all private fire service connections and shall be installed, owned and maintained at the expense of the Customer.

• In this name of Love all the holiness and glory of God are now to be revealed.

• The Agent may refrain from exercising any right, power or discretion vested in it under this Agreement unless and until instructed by, as applicable, the Majority Lenders or the Unanimous Lenders as to whether or not such right, power or discretion is to be exercised and, if it is to be exercised, as to the manner in which it should be exercised.

• If the proposal would permit development of fewer than six lots or units on privately owned and operated individual or communal septic systems, and 4500 litres of effluent or less would be produced per day as a result of the development being completed, a hydrogeological report will not be required.

• No Lender shall bring legal proceedings against the Borrower or any other Person hereunder under any Security or under any other Documents or in connection herewith or therewith, or exercise any right arising hereunder or thereunder or in connection herewith or therewith over the property and assets of the Borrower or any other Person, without the prior written consent of the Unanimous Lenders.

More Definitions of Unanimous Lenders

Unanimous Lenders means all Lenders then holding a direct interest in the Loan; provided that in determining such percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded.

Unanimous Lenders. All of the Lenders (including Agent, but not including the participation of any of the Lenders which Agent has determined to be in default), collectively.

Unanimous Lenders means (a) all of the Lenders under Facility A, (b) all of the Lenders under Facility B, (c) all of the Lenders under Facility C and (d) all of the Lenders under Facility D.

Unanimous Lenders means Lenders having, in the aggregate, one hundred percent (100%) of the total Commitments under the Master Line.

Unanimous Lenders set forth in Section 1.1 of the Credit Agreement are hereby amended and restated in their entirety, to read as follows:

Unanimous Lenders means, as of any date of determination, Lenders holding 100% of the Aggregate Commitments or, if the commitment of each Lender to make Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section 8.02, Lenders holding in the aggregate 100% of the Total Outstandings (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations being deemed “held” by such Lender for purposes of this definition); provided that the Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Unanimous Lenders.

Unanimous Lenders means, as of any date of determination, Lenders holding 100% of the Aggregate Commitments or, if the Commitment of each Lender to make Loans have been terminated pursuant to Section 8.02, Lenders holding in the aggregate 100% of the Obligations; provided that the Commitment of, and the portion of the Obligations held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Unanimous Lenders.