Requisite Banks. Swingline Loans shall bear interest at a rate determined by the Agent, and interest and principal shall be payable by the Borrower upon demand by the Agent. The aggregate amount of all Swingline Loans outstanding on the date any regular Advance is made shall be included as a previously disbursed portion of such regular Advance in which each Bank shall participate based upon its Ratable Share and the Agent shall thereupon be immediately reimbursed for the full amount of such Swingline Loans from the proceeds of such regular Advance. If no regular Advance is made for any period of 60 days, whether by reason of the failure to comply with any condition for a regular Advance or otherwise, or at any other time as determined by the Agent in its sole discretion, each Bank shall absolutely and unconditionally, upon request of the Agent, on the Business Day after receiving such request, remit to the Agent such Bank's Ratable Share of all outstanding Swingline Loans, whereupon, such Swingline Loans shall be automatically converted to a regular Alternative Base Rate Advance in Dollars effective on such next Business Day. In no event will any Swingline Loan be made if, after giving effect to such Swingline Loan, the Equivalent in Dollars of the aggregate principal amount of all Advances would exceed the Aggregate Commitment Amount or the Equivalent in Dollars of the aggregate principal amount of all Swingline Loans would exceed $15,000,000.
Requisite Banks. As of any date, any Bank or collection of Banks whose aggregate Commitment Percentage is greater than or equal to sixty-six and two-thirds percent (66 2/3%); provided, that, in determining said percentage at any given time, all then existing Delinquent Banks will be disregarded and excluded and the Commitment Percentages of the Banks shall be redetermined for voting purposes only, to exclude the Commitment Percentages of such Delinquent Banks.
Requisite 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.
Requisite Banks. Babson CLO Ltd. 2003-I
Requisite Banks. At any time the Banks then holding at least seventy percent (70%) of the then aggregate unpaid principal amount of the Loans, or, if no such principal amount is then outstanding, the Banks then having at least seventy percent (70%) of the Commitments.
Requisite Banks. As of any date, the Bank or Banks whose aggregate Commitment Percentage exceeds fifty percent (50%), provided that there shall always be at least two (2) Banks included in the Requisite Banks. Reserve Percentage. For any Interest Period, that percentage which is specified three (3) Business Days before the first day of such Interest Period by the Board of Governors of the Federal Reserve System (or any successor) or any other governmental or quasi-governmental authority with jurisdiction over Agent or any Bank for determining the maximum reserve requirement (including, but not limited to, any marginal reserve requirement) for Agent or any Bank with respect to liabilities constituting of or including (among other liabilities) Eurocurrency liabilities in an amount equal to that portion of the Loan affected by such Interest Period and with a maturity equal to such Interest Period. Residential Development Assets. Assets included in the "Residential Development" segment within Crescent OP's 10-Q and 10-K reports filed with the SEC.
Requisite Banks. For the purposes ofss.ss.2 and 4, the Requisite Banks are the Majority Banks. For purposes ofss.3, the Requisite Banks are all of the Banks.
Requisite Banks. As of any date, the Banks whose aggregate Facility Percentages constitute at least sixty-six percent (66%) of the total of all Facility Percentages provided that the Facility Percentages of any Delinquent Banks shall be disregarded when determining the Requisite Banks.
Requisite Banks. As of any date, the Revolver Banks and Norwegian Term A Banks whose sum of (i) Revolver Exposure plus (ii) the principal amount of the Norwegian Term A Loan owing to such Bank constitutes at least fifty-one percent (51%) of the sum of (i) the aggregate Revolver Exposure of all of the Revolver Banks plus (ii) the aggregate principal amount of the Norwegian Term A Loan outstanding on such date. Restricted Subsidiary. A Subsidiary of the Parent designated as a "Restricted Subsidiary" under the Indentures relating to the Senior Notes and the Additional Senior Notes.
Requisite Banks. The Administrative Agent will endeavor to provide prompt notice to Borrower of any change in the location of the Designated Eurodollar Market.
