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This excerpt taken from the LUX 20-F filed Jun 28, 2006. Majority Lenders means:
(a) if there are no Loans then outstanding, a Lender or Lenders whose Commitments aggregate more than 66 and 2/3 per cent. of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated more than 66 and 2/3 per cent. of the Total Commitments immediately prior to the redaction); or(b) at any other time, a Lender or Lenders whose participations in the Loans then outstanding aggregate more than 66 and 2/3 per cent. of all the Loans then outstanding. |
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