Majority Lenders

Majority Lenders. At any time, the Lenders holding a majority of the Obligations, or, if there are no amounts outstanding in respect of the Obligations, then the Lenders whose aggregate commitments in respect of the Obligations constitute not less than 66-2/3% thereof.

Majority Lenders. At any time while no Loans or LC Exposure is outstanding, two Lenders having at least sixty-six and two-thirds percent (66- 2/3%) of the Aggregate Maximum Credit Amounts; and at any time while any Loans or LC Exposure is outstanding, two Lenders holding at least sixty-six and two-thirds percent (66-2/3%) of the outstanding aggregate principal amount of the Loans and participation interests in Letters of Credit (without regard to any sale by a Lender of a participation in any Loan under Section... 12.04(c)); provided that the Maximum Credit Amounts and the principal amount of the Loans and participation interests in Letters of Credit of the Defaulting Lenders (if any) shall be excluded from the determination of Majority Lenders. View More

Majority Lenders. The holders of at least 65% of the sum of (i) the issued and outstanding shares of Series D Preferred Stock and (ii) the shares of Series D Preferred Stock issuable upon conversion of the then outstanding Notes

Majority Lenders. Means Lenders that are holders of more than 50% in principal amount of then-outstanding Notes; provided that the PIK Interest shall not be included for purposes of determining the principal amount of then-outstanding Notes.

Majority Lenders. Means, at any time, Required Lenders; provided that, in addition to the foregoing, if there are more than two (2) Lenders at such time, at least two (2) Lenders shall be required to constitute "Majority Lenders".

Majority Lenders. Shall mean the holders of at least 60% of the outstanding principal under the Notes held by holders of Preferred Stock of the Company which held at least 5,000,000 shares of Preferred Stock as of the date of the Note.

Majority Lenders. Any Secured Party or group of Secured Parties holding greater than 50% of the outstanding and unpaid principal of all Loans of all Secured Parties.

Majority Lenders. Means, at any time, (i)if the Facility has not been drawn, a Lender or the Lenders (either individually or collectively) whose aggregate Commitments represent more than 50% (exclusive of 50%) of the Total Commitment; (ii)if the Facility has been drawn, a Lender or the Lenders (either individually or collectively) whose aggregate Outstanding Advances represent more than 50% (exclusive of 50%) of the total Outstanding Advances under the Facility.