Applicable Percentages. Any Loan requested on a Credit Date shall be made by the applicable Lenders simultaneously and proportionately to their respective Applicable Percentages, it being understood that no Lender shall be responsible for any default by any other Lender in such other Lender’s obligation to make a Loan requested hereunder, nor shall any Commitment of any Lender be increased or decreased as a result of a default by any other Lender in such other Lender’s obligation to make a Loan requested hereunder.
Applicable Percentages. The Applicable Percentage for Corporate Pool RALs shall be 40%; provided, however, the Applicable Percentage for Corporate Pool RALs shall be 49.999999% for each Tax Period during which Tax Masters (or any of its Affiliates) is the exclusive facilitator of a Refund Anticipation Check Service to customers of Block Offices owned by Block Services, Corporate Franchisees and any of Block Services' Affiliates. The Applicable Percentage for a Major Franchisee Pool RAL shall be 25%. Notwithstanding the foregoing provisions of this Section 2.5, any Applicable Percentage (a) for a particular Tax Period may be such lesser percentage as specified by BFC by giving written notice to Tax Masters and HTMAC on or before September 1 immediately prior to such Tax Period (it being understood that (i) such lesser percentage shall pertain only to the particular Tax Period for which such notice is given and (ii) if no such notice is given for a particular Tax Period, the Applicable Percentages shall be the percentages as set forth in this Section 2.5), or (b) for any portion of a particular Tax Period shall be reduced to zero if BFC has exceeded its internal funding limit (it being understood that (i) the reduction of the percentage to zero shall only be in effect during the periods of time BFC has exceeded its internal funding limit and (ii) for the periods of time BFC has not exceeded its internal funding limit, the Applicable Percentages shall be the percentages as set forth in this Section 2.5).
Applicable Percentages. FOR REVOLVING LOANS ----------------------------- FOR FOR PRICING LEVERAGE RATIO EURODOLLAR BASE RATE LOANS LETTER OF UNUSED LEVEL LOANS CREDIT FEE FEE ------- -------------- ---------- --------------- --------- ------ *If on any day following 90 days from the Closing Date, the aggregate outstanding principal amount of all Revolving Loans plus LOC Obligations hereunder together with any "Revolving Loans" outstanding under the 364-Day Credit Agreement, (as such term is defined therein) is less than the product of (A) one-half (1/2) times (B) the Revolving Committed Amount hereunder plus the Revolving Committed Amount under the 364-Day Credit Agreement, the applicable Unused Fee (as shown above) shall be increased by an amount equal to 12.5 basis points. The Applicable Percentages shall be determined and adjusted quarterly on the date (each a "Calculation Date") five Business Days after the date by which the Borrower is required to provide the officer's certificate in accordance with the provisions of Section 7.1(c) for the most recently ended fiscal quarter of the Consolidated Parties; provided, however, that (i) the initial Applicable Percentages shall be based on Pricing Level II (as shown above) and shall remain at Pricing Level II until the date six months following the Closing Date, on and after which time the Pricing Level shall be determined by the Leverage Ratio as of the last day of the most recently ended fiscal quarter of the Consolidated Parties preceding the applicable Calculation Date and (ii) if the Borrower fails to provide the officer's certificate as required by Section 7.1(c) for the last day of the most recently ended fiscal quarter of the Consolidated Parties preceding the applicable Calculation Date, the Applicable Percentage from such Calculation Date shall be based on Pricing Level IV until such time as an appropriate officer's certificate is provided, whereupon the Applicable Percentages shall be determined by the Leverage Ratio as of the last day of the most recently ended fiscal quarter of the Consolidated Parties preceding such Calculation Date. Each Applicable Percentage shall be effective from one Calculation Date until the next Calculation Date. Any adjustment in the Applicable Percentages shall be applicable to all existing Revolving Loans and Letters of Credit as well as any new Revolving Loans and Letters of Credit made or issued.
Applicable Percentages. Each Tranche B-1 Lender hereby authorizes and directs the Administrative Agent to make its portion of each Tranche B-1 Borrowing available to the Parent Borrower by withdrawing from the Deposit Account (and debiting such Tranche B-1 Lender’s Sub-Account in the amount of) such Lender’s Tranche B-1 Applicable Percentage of such Tranche B-1 Borrowing and crediting such amount to the applicable account of the Parent Borrower as provided in Section 2.06. Within the foregoing limits and subject to the terms and conditions set forth herein, the Parent Borrower may borrow, prepay and reborrow Tranche B-1 Loans.
Applicable Percentages. Section 8.01(d) Balance Sheet Section 4.05(a) CERCLA Section 4.19(b) Class A Preferred Shares Recitals Class B Preferred Shares Recitals Closing Section 1.02 Closing Date Section 1.02 Code Section 4.15(a) Common Shares Recitals Common Purchase Price Section 1.01 Commonly Controlled Entity Section 4.17(a) Company Preamble Company Contracts Section 4.09(b) Company Indebtedness Section 1.01 Company Material Adverse Effect Section 4.01(a) Company Plans Section 4.17(a) Confidentiality Agreement Section 6.04(a) Consent Section 2.03 Contract Section 2.03 Copyrights Section 4.08(a) Customer Agreements Section 4.08(a) DOJ Section 6.05(b) EBITDA Section 7.02(h) Environmental Law Section 4.19(b) ERISA Section 4.17(a) Escrow Section 1.03(e) Escrow Agent Section 1.03(e) Escrow Agreement Section 1.03(e) Financial Statements Section 4.05(a) Fixed Sales Bonuses Section 4.02 Foothill Facility Section 1.01 Form 8023 Section 6.09(e) FTC Section 6.05(b) GAAP Section 3.06(a) GE Cap-Eq Preamble GE Purchase Price Section 1.01 Governmental Entity Section 2.03 Hazardous Substance Section 4.19(b) HSR Act Section 2.03 including Section 10.05(b) indemnified party Section 8.04(a) Intellectual Property Section 4.08(a) Jostens Agreement Section 8.02(b) Judgment Section 2.03 Leased Property Section 4.07 Liens Section 4.06(a) Limited Covenants Section 8.01(b) Losses Section 8.01(a)
Applicable Percentages. The Applicable Percentage for Corporate Pool RALs shall be 40%; provided, however, the Applicable Percentage for Corporate Pool RALs shall be 49.999999% for each Tax Period during which BNB (or any of its Affiliates) is the exclusive provider of a Refund Anticipation Check Service to customers of Block Offices owned by Tax Services, its Corporate Satellites and any of their respective Affiliates (a "RAC Service Period"). The Applicable Percentage for Major Franchisee Pool RALs shall be 25% or such lesser percentage amounts provided for by Section 7.2 (it being understood that the Applicable Percentage for Major Franchisee Pool RALS may vary by Major Franchisee). Notwithstanding the foregoing provisions of this Section 2.5, any Applicable Percentage for a particular Tax Period may be such lesser percentage as specified by BFC by giving written notice to BNB on or before the September 1 immediately prior to such Tax Period (it being understood that (i) such lesser percentage shall pertain only to the applicable Tax Period and (ii) if no such notice is given for a particular Tax Period, the Applicable Percentages shall be the percentages as set forth in this Section 2.5).
Applicable Percentages. The Applicable Percentage of Shadow Rent to be paid by each Condominium Sublessee shall be equal to the following: (a) from the commencement of the term of its Condominium Sublease through December 31, 1995, ten and one-half percent (10.5%); (b) commencing upon January 1, 1996, and extending through December 31, 2015, twelve and one-half percent (12.5%); and (c) commencing on January 1, 2016, and extending through the end of the term of the Condominium Sublease, the percentage rate determined in accordance with Section 5.08B(3)(d) of the Master Lease; provided, however, that such percentage shall not be less than twelve and one-half percent (12.5%) nor more than fifteen percent (15%).
Applicable Percentages. The appli- cable percentage for taxable years be- ginning in 1987 through 1990 are as fol- lows: 1987: 35 percent 1988: 60 percent 1989: 80 percent 1990: 90 percent [T.D. 8168, 52 FR 48409, Dec. 22, 1987; 68 FR 13226, Mar. 19, 2003] § 1.163–10T Qualified residence inter- est (temporary).
Applicable Percentages. For purposes of Section 6(g), the following percentages shall apply depending on the date of termination under Sections 6(a) – 6(e): Date of Termination Percentage [***]
Applicable Percentages. 6.4.1 For all transactions under Sections 6.1 and 6.3 during the period beginning October 1, 1996, and continuing through December 31, 1996, the applicable percentage shall be 11.5% and shall be calculated in the same manner as the internal profit split between Xxxxxx'x business units was calculated from January 1, 1996, through September 30, 1996.
