Common use of Interests in Loans/Commitments Clause in Contracts

Interests in Loans/Commitments. The percentage interest of each Bank in the Loans and Letters of Credit, and the Commitments, shall be computed based on the maximum principal amount for each Bank as set forth below (the "Lenders Schedule"): MAXIMUM MAXIMUM WORKING MAXIMUM ACQUISITION LOAN CAPITAL LOAN COMMITMENTS PERCENTAGE BANK COMMITMENTS COMMITMENTS AMOUNT INTEREST ---- ----------- ----------- ------ -------- BOk $ 20,000,000 $ 20,000,000 $ 40,000,000 26.667% Bank One $ 15,000,000 $ 15,000,000 $ 30,000,000 20.000% MidFirst $ 10,000,000 $ 10,000,000 $ 20,000,000 13.333% Local $ 7,500,000 $ 7,500,000 $ 15,000,000 10.000% Fifth Third $ 7,500,000 $ 7,500,000 $ 15,000,000 10.000% Arvest $ 2,500,000 $ 2,500,000 $ 5,000,000 3.333% US Bank $ 12,500,000 $ 12,500,000 $ 25,000,000 16.667% TOTAL $ 75,000,000 $ 75,000,000 $150,000,000 100.000% The Lenders Schedule 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: Credit Agreement (Energy Transfer Partners Lp)

Interests in Loans/Commitments. The percentage interest of each Bank in the Loans and Letters of Credit, and the Commitments, shall be computed based on the maximum principal amount for each Bank as set forth below (the "Lenders Schedule"): MAXIMUM MAXIMUM WORKING MAXIMUM ACQUISITION LOAN CAPITAL LOAN COMMITMENTS PERCENTAGE BANK COMMITMENTS COMMITMENTS AMOUNT INTEREST ---- ----------- ----------- ------ -------- BOk BOK $16,000,000 $16,000,000 $ 20,000,000 $ 20,000,000 $ 40,000,000 26.66732,000,000 22.535% Bank One $ $15,000,000 $ $15,000,000 $ 30,000,000 20.00021.127% MidFirst $ $10,000,000 $ $10,000,000 $ 20,000,000 13.33314.085% Local $ 7,500,000 $ 7,500,000 $ 15,000,000 10.00010.563% Fifth Third $ 7,500,000 $ 7,500,000 $ 15,000,000 10.00010.563% Arvest $ 2,500,000 $ 2,500,000 $ 5,000,000 3.3333.521% US Bank $ $12,500,000 $ $12,500,000 $ 25,000,000 16.66717.606% TOTAL $ 75,000,000 $ 75,000,000 $150,000,000 71,000,000 $71,000,000 $142,000,000 100.000% The Lenders Schedule 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: Credit Agreement (Energy Transfer Partners Lp)