Common use of Majority Banks Clause in Contracts

Majority Banks. The Banks with fifty-one percent (51%) of the Total Commitment; provided that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Waste Management Holdings Inc), Revolving Credit Agreement (Usa Waste Services Inc), Revolving Credit Agreement (Usa Waste Services Inc)

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Majority Banks. The As of any date, the Banks with fifty-one whose aggregate Commitments constitute more than fifty percent (5150%) of the Total Commitment; provided , provided, that in if at the event that time Majority Banks is being determined, the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one more than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations Loans on such date.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Hasbro Inc), Credit Agreement (Hasbro Inc), Revolving Credit Agreement (Hasbro Inc)

Majority Banks. The Banks with fifty-one whose aggregate Commitments constitute more than fifty percent (5150%) of the Total Commitment; provided that in Commitment or, if the event that the Total Commitment has Commitments have been terminated, the Majority Banks shall be the Banks holding fifty-one whose Loans constitute more than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations on such dateLoans.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Alliancebernstein L.P.), Revolving Credit Agreement (Alliancebernstein Holding L.P.), Revolving Credit Agreement (Alliancebernstein Holding L.P.)

Majority Banks. The As of any date, the Banks with whose aggregate Commitments constitute at least fifty-one percent (51%) of the Total Commitment (or, if the Commitments have been terminated, the Banks whose aggregate Commitments, immediately prior to such termination, constituted at least fifty-one percent (51%) of the Total Commitment; provided that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date).

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Properties Inc)

Majority Banks. The At any date, Banks with fifty-one the aggregate amount of whose Commitments is greater than fifty percent (5150%) of the Total Commitment; provided that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one greater than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Management Inc)

Majority Banks. The Banks with fifty-one whose aggregate Commitments constitute more than fifty percent (5150%) of the Total Commitment; provided that in Commitment or, if the event that the Total Commitment has Commitments have been terminated, the Majority Banks shall be the Banks holding fifty-one more than fifty percent (5150%) of the aggregate outstanding principal amount of the Obligations on such dateLoans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Alliance Capital Management L P)

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Majority Banks. The Banks with fifty-one percent (51%) of the Total Commitment; provided that PROVIDED THAT in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Waste Management Inc)

Majority Banks. The Banks with fifty-one percent (51%) of the Total Commitment; provided PROVIDED that in the event that the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) of the aggregate outstanding principal amount of the Obligations on such date.

Appears in 1 contract

Samples: Loan Agreement (Waste Management Holdings Inc)

Majority Banks. The As of any date, Banks with fifty-one percent (51%) whose aggregate Commitments constitute more than 50% of the Total Commitment; provided that in the event that , or if the Total Commitment has been terminated, the Majority Banks shall be the Banks holding fifty-one percent (51%) more than 50% of the aggregate outstanding principal amount of the Obligations on such dateLoans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Boston Edison Co)

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