Majority Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage is equal to or greater than the required percentage, as determined by the Banks, required to approve such matter, as disclosed by the Agent to the Borrower from time to time.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Walden Residential Properties Inc), Construction Loan Agreement (Walden Residential Properties Inc), Credit Agreement (Wellsford Real Properties Inc)
Majority Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage is equal to or greater than the required percentage, as determined by the Banks, required to approve such matter, as disclosed by the Agent to the Borrower Borrowers from time to time.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Walden Residential Properties Inc), Revolving Credit Agreement (Walden Residential Properties Inc)
Majority Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage is equal to or greater more than the required percentage, as determined by the Banks, Banks required to approve such matter, as disclosed by the Agent to the Borrower Borrowers from time to timetime (provided that such required percentage determined by the Banks shall not exceed sixty-six and two- thirds percent (66 2/3%)).
Appears in 1 contract
Samples: Master Credit Agreement (Wellsford Real Properties Inc)
