Reserve Rate. The rate, expressed as a decimal, at which the Banks would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any subsequent or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation D), or against any other category of liabilities which might be incurred by the Banks to fund Eurodollar Loans, if such liabilities were outstanding. Revolving Credit Loans. Revolving credit loans made or to be made by the Banks to the Borrowers pursuant to Section 2.
Reserve Rate. 3.1 Lessee shall be relieved of its obligation to pay the Reserve Rate at any time that the Aircraft Maintenance Agreement is in effect with respect to the Aircraft. At any time that the Aircraft Maintenance Agreement is not in effect, then Lessee shall, in addition to installments of Rent, pay to Lessor the Reserve Rate as follows:
Reserve Rate. 3.1 In addition to installments of Rent, Lessee shall pay to Lessor the Reserve Rate as follows:
Reserve Rate. The rate, expressed as a decimal, at which the Lenders would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any subsequent or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation D), or against any other category of liabilities which might be incurred by the Lenders to fund Eurodollar Loans, if such liabilities were outstanding. The Reserve Rate shall be adjusted automatically on and as of the effective date of any change in the Reserve Rate. RESTRICTED SUBSIDIARIES. Collectively, all Subsidiaries of the Parent which are not Unrestricted Subsidiaries. REVOLVING CREDIT LENDERS. Each of the Lenders holding a Commitment as set forth on SCHEDULE 1 hereto and any other Person who becomes an assignee of any rights and obligations of a Revolving Credit Lender pursuant to ss.18. REVOLVING CREDIT LOANS. Revolving Credit Loans advanced to the Borrowers pursuant to ss.2.1. REVOLVING CREDIT MATURITY DATE. July 20, 2004, or such earlier date on which the Obligations become due and owing.
Reserve Rate. The rate in effect from time to time, expressed as a percentage, at which the Bank would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any successor or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is used in Regulation D) if such liabilities were outstanding. R&M. R&M Corporation (f/k/a Environmental Solutions, Inc.), a California corporation. R&M Note. Promissory note of the Parent dated as of July 1, 1997 in favor of R&M having an outstanding principal amount, as of the date hereof, of not more than $7,000,000. Security Agreement. The Amended and Restated Security Agreement, dated as of the date hereof among the Borrowers and the Bank and in form and substance satisfactory to the Bank.
Reserve Rate. The rate, expressed as a decimal, at which the Lenders would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any subsequent or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation D), or against any other category of liabilities which might be incurred by the Lenders to fund Eurodollar Loans, if such liabilities were outstanding. The Reserve Rate shall be adjusted automatically on and as of the effective date of any change in the Reserve Rate. RESTRICTED SUBSIDIARIES. Collectively, all Subsidiaries of the Parent which are not Unrestricted Subsidiaries. REVOLVING CREDIT LENDERS. Each of the Lenders holding a Commitment as set forth on SCHEDULE 1 hereto and any other Person who becomes an assignee of any rights and obligations of a Revolving Credit Lender pursuant to ss.18.
Reserve Rate. The rate, expressed as a decimal, at which the Banks would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any subsequent or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation D), or against any other category of liabilities which might be incurred by the Banks to fund Loans bearing interest based on the Eurodollar Rate, if such liabilities were outstanding. Stock Pledge Agreement. The Stock Pledge Agreement, amended and restated as of the Closing Date, among the Borrowers and the Agent in form and substance satisfactory to the Agent.
Reserve Rate. For any day with respect to a LIBOR Rate Loan, the maximum rate (expressed as a decimal) at which any lender subject thereto would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any successor or similar regulations relating to such reserve requirements) against "Eurocurrency Liabilities" (as that term is used in Regulation D or such other regulations) if such liabilities were outstanding. The Reserve Rate shall be adjusted automatically on and as of the effective date of any change in the Reserve Rate.
Reserve Rate. The rate, expressed as a decimal, at which the Lenders would ------------ be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any subsequent or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation D), or against any other category of liabilities which might be incurred by the Lenders to fund Loans bearing interest based on the Eurocurrency Rate, if such liabilities were outstanding. Revolving Credit Commitment. $45,000,000 minus the outstanding principal --------------------------- amount of Multicurrency Loans and the Maximum Drawing Amount of all Letters of Credit, as the same may be reduced pursuant to (S)2.2 hereof.
Reserve Rate. The rate, expressed as a decimal, at which the Lenders would be required to maintain reserves under Regulation D of the Board of Governors of the Federal Reserve System (or any subsequent or similar regulation relating to such reserve requirements) against "Eurocurrency Liabilities" (as such term is defined in Regulation D), or against any other category of liabilities which might be incurred by the Lenders to fund Eurodollar Loans, if such liabilities were outstanding. The Reserve Rate shall be adjusted automatically on and as of the effective date of any change in the Reserve Rate.
