Common use of Reserve Percentage Clause in Contracts

Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward to the nearest 1/8th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”).

Appears in 3 contracts

Samples: Loan and Security Agreement (Alon USA Energy, Inc.), Loan and Security Agreement (Chromcraft Revington Inc), Loan and Security Agreement (Alon USA Energy, Inc.)

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Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward to the nearest 1/8th 1/100th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”).

Appears in 1 contract

Samples: Loan and Security Agreement (Ashworth Inc)

Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward up to the nearest 1/8th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as "Eurocurrency liabilities").

Appears in 1 contract

Samples: Loan and Security Agreement (Seneca Foods Corp)

Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward to the nearest 1/8th 1/16th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”).

Appears in 1 contract

Samples: Loan and Security Agreement (United Maritime Group, LLC)

Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward up to the nearest 1/8th 1/100th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “for Eurocurrency liabilities”).

Appears in 1 contract

Samples: Loan and Security Agreement (Cooper-Standard Holdings Inc.)

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Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward up to the nearest 1/8th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “for Eurocurrency liabilities”). Reset Date: as defined Section 5.13.

Appears in 1 contract

Samples: Loan and Security Agreement (Callaway Golf Co)

Reserve Percentage. the reserve percentage (expressed as a decimal, rounded upward up to the nearest 1/8th of 1%) applicable to member banks under regulations issued from time to time by the Board of Governors for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “for Eurocurrency liabilities”).

Appears in 1 contract

Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)

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