Common use of Majority Banks Clause in Contracts

Majority Banks. The Banks with fifty-one percent (51%) of the Total Commitment; provided that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Usa Waste Services Inc), Revolving Credit Agreement (Usa Waste Services Inc), Loan Agreement (Waste Management Holdings Inc)

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Majority Banks. The As of any date, the Banks with fifty-one whose aggregate Commitments constitute more than fifty percent (5150%) of the Total Commitment; provided , provided, that in if at the event that time Majority Banks is being determined, the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one more than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations Loans on such date.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc), Line of Credit Agreement (Hasbro Inc)

Majority Banks. The Banks with fifty-one whose aggregate Commitments constitute more than fifty percent (5150%) of the Total Commitment; provided that in Commitment or, if the event that the Total Commitment has Commitments have been terminated, the Majority Banks shall be the Banks holding fifty-one whose Loans constitute more than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations on such dateLoans.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Alliancebernstein Holding L.P.), Revolving Credit Agreement (Alliancebernstein Holding L.P.), Revolving Credit Agreement (Alliancebernstein L.P.)

Majority Banks. The As of any date, Banks with fifty-one percent (51%) whose aggregate Commitments constitute more than 50% of the Total Commitment; provided that in the event that , or if the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) more than 50% of the aggregate outstanding principal amount of the Obligations on such dateLoans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Edison Co)

Majority Banks. The Banks with fifty-one percent (51%) of the Total Commitment; provided that PROVIDED THAT in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Management Inc)

Majority Banks. The Banks with fifty-one whose aggregate Commitments constitute more than fifty percent (5150%) of the Total Commitment; provided that in Commitment or, if the event that the Total Commitment has Commitments have been terminated, the Majority Banks shall be the Banks holding fifty-one more than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations on such dateLoans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alliance Capital Management L P)

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Majority Banks. The At any date, Banks with fifty-one the aggregate amount of whose Commitments is greater than fifty percent (5150%) of the Total Commitment; provided that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one greater than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Management Inc)

Majority Banks. The As of any date, the Banks with whose aggregate Commitments constitute at least fifty-one percent (51%) of the Total Commitment (or, if the Commitments have been terminated, the Banks whose aggregate Commitments, immediately prior to such termination, constituted at least fifty-one percent (51%) of the Total Commitment; provided that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date).

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Properties Inc)

Majority Banks. The Banks with fifty-one percent (51%) of the Total Commitment; provided PROVIDED that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 1 contract

Samples: Loan Agreement (Waste Management Holdings Inc)

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