Common use of Majority Banks Clause in Contracts

Majority Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage is equal to or greater than sixty-six and two-thirds percent (66.67%).

Appears in 4 contracts

Samples: Mezzanine Loan Agreement (Wellsford Real Properties Inc), Term Loan Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc)

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Majority Banks. As of any date, the Bank or The Banks whose aggregate Commitment Percentage is equal to or greater than Commitments constitute at least sixty-six and two-two thirds percent (66.6766-2/3%)) of the Total Commitment.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Alliance Capital Management Lp), Revolving Credit Agreement (Alliance Capital Management Lp Ii)

Majority Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage is equal to or greater than Commitments -------------- constitute at least sixty-six and two-two thirds percent (66.6766 2/3%)) of the Total Commitment.

Appears in 2 contracts

Samples: Short Term Credit Agreement (Pimco Advisors Holdings Lp), Long Term Credit Agreement (Pimco Advisors Holdings Lp)

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Majority Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage is greater than or equal to or greater than sixty-six and two-thirds percent (66.6766 2/3%).

Appears in 1 contract

Samples: Revolving Credit Agreement (Schuler Homes Inc)

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