Common use of Interests in Loans/Commitments Clause in Contracts

Interests in Loans/Commitments. The percentage interest of each Bank in the Loans and the Commitments, shall be computed based on the maximum principal amount for each Bank as follows: MAXIMUM REVOLVER LOAN COMMITMENT PERCENTAGE BANK AMOUNT INTEREST ---- ---------------- ---------- BOk $ 529,411.00 52.9411% Mercantile 294,118.00 29.4118% Local 176,471.00 17.6471% ------------- -------- The foregoing percentage interests, as from time to time in effect and reflected in the Register, are referred to as the "Percentage Interests" with respect to all or any portion of the Loans and Letters of Credit, and the Commitments.

Appears in 1 contract

Sources: Revolving Credit Agreement (Heritage Propane Partners L P)

Interests in Loans/Commitments. The percentage interest of each Bank in the Loans Loans, and the Commitments, shall be computed based on the maximum principal amount for each Bank as follows: MAXIMUM REVOLVER LOAN COMMITMENT PERCENTAGE BANK AMOUNT INTEREST ---- Maximum Revolver Percentage Bank Loan Commitments Interest ----------- ---------------- ---------- --------- BOk $ 529,411.00 52.9411400,000 40.00% Mercantile 294,118.00 29.4118$ 300,000 30.00% Local 176,471.00 17.6471$ 300,000 30.00% ------------- -------- ---------- ------ Total $1,000,000 100.00% ========== ====== The foregoing percentage interests, as from time to time in effect and reflected in the Register, interests are referred to as the "Percentage Interests" with respect to all or any portion of the Loans and Letters of Credit, and the Commitments.

Appears in 1 contract

Sources: Revolving Credit Agreement (Heritage Propane Partners L P)