Required Secured Parties
Required Secured Parties. Means Secured Parties holding at least fifty-one percent (51%) of the aggregate amount of the Obligations outstanding under the Debentures at the time of determination. 2
Found in
ELCOM INTERNATIONAL INC contract
Required Secured Parties. Means Secured Parties holding at least fifty-one percent (51%) of the aggregate amount of the Obligations outstanding under the Debentures at the time of determination. 2 "UCC" means the Uniform Commercial Code as in effect from time to time in the Commonwealth of Massachusetts.
Found in
ELCOM INTERNATIONAL INC contract
Required Secured Parties. At any date, any combination of Secured Parties collectively holding more than sixty-six and two-thirds percent (66-2/3%) of the aggregate unpaid principal amount of the Secured Obligations at such time.
Found in
CARAUSTAR INDUSTRIES INC contract
Required Secured Parties. Shall mean the Secured Parties holding at least 51% of the sum of (x) the aggregate principal amount of the Outstanding Obligations and (y) unless the Commitments of the Lenders have been terminated pursuant to the terms of the Credit Agreement, the undrawn Commitments at such time (the "RSPs"); provided that solely in the event that a payment default has occurred with respect to either of, but not both, the Bank Credit Obligations or the ...
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Found in
BORDERS GROUP INC contract
Required Secured Parties. Shall mean holders of a majority in an aggregate principal amount of the Notes then outstanding voting as a single class, subject in all cases to Section 9.02 of the Indenture.
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ACCELLENT INC contract