Majority in Interest of the Secured Parties

Example Definitions of "Majority in Interest of the Secured Parties"
Majority in Interest of the Secured Parties. Means the Secured Parties holding more than 60% of the aggregate outstanding principal amount of the Notes; provided that any action, waiver or amendment requiring the approval or consent of a Majority in Interest of the Secured Parties may not be taken if such action adversely affects a Secured Party in a manner materially different from any of the other Secured Parties, unless the Secured Party so adversely affected separately consents or approves of such action.
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