Majority Lenders. Lenders holding, in the aggregate, not less than sixty-six and two-thirds of one percent (66 ⅔%) of the Committed Amount or, if no such principal amount is then outstanding, not less than sixty-six and two-thirds of one percent (66 ⅔%) of the Commitment Percentages.
Appears in 3 contracts
Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Majority Lenders. Lenders holding, in the aggregate, holding not less than sixty-six and two-thirds of one percent (66 ⅔%2/3%) of the Committed Amount then aggregate outstanding unpaid principal amount of the Loan or, if no such principal amount is then outstanding, not less than sixty-six and two-thirds of one percent (66 ⅔%2/3%) of the Commitment PercentagesRevolving Commitment.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Saul Centers Inc), Revolving Credit Agreement (Saul Centers Inc)
Majority Lenders. Lenders holdingholding Notes representing, in the aggregate, not less than sixty-sixty six and two-thirds of one sixty seven hundredths percent (66 ⅔%66.67%) of the Committed Amount or, if no such principal amount is then outstanding, Lenders representing not less than sixty-sixty six and two-thirds of one sixty seven hundredths percent (66 ⅔%66.67%) of the Commitment Percentages.
Appears in 2 contracts
Samples: Construction Loan Agreement (Saul Centers Inc), Construction Loan Agreement (Saul Centers Inc)
Majority Lenders. Lenders holding, in the aggregate, holding not less than sixty-six and two-thirds of fifty one percent ---------------- (66 ⅔%51%) of the Committed Amount then aggregate outstanding unpaid principal amount of the Loan or, if no such principal amount is then outstanding, not less than sixty-six and two-thirds of fifty one percent (66 ⅔%51%) of the Commitment PercentagesRevolving Commitment.
Appears in 1 contract
Majority Lenders. Lenders holding, in the aggregate, not less than sixty-six and two-thirds of one percent (66 ⅔%2⁄3%) of the Committed Amount or, if no such principal amount is then outstanding, not less than sixty-six and two-thirds of one percent (66 ⅔%2⁄3%) of the Commitment Percentages; provided, notwithstanding the foregoing, if at any time there are two or more Lenders, at least two Lenders holding an aggregate of not less than 66 2⁄3% of the Committed Amount shall be required to constitute the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)