Requisite Lenders. As of any date, the Lenders whose aggregate Commitments constitute at least sixty-six percent (66%) of the Total Commitment, provided that on and after the date that Commitments which constitute at least sixty-six percent (66%) of the Total Commitment have terminated pursuant to ss.12.2, Requisite Lenders shall mean the Lenders whose aggregate Credit Exposures constitute at least sixty-six percent (66%) of the aggregate Credit Exposures of all Lenders, and provided that the Commitments (or the Credit Exposures) of any Delinquent Lenders shall be disregarded when determining the Requisite Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Liberty Property Limited Partnership), Credit Agreement (Liberty Property Limited Partnership)
Requisite Lenders. As of any date, the Lenders whose aggregate Commitments constitute at least sixtyfifty-six one percent (6651%) of the Total Commitment, provided that on and after the date that Commitments which constitute at least sixtyfifty-six one percent (6651%) of the Total Commitment have terminated pursuant to ss.12.2Section 12.2, Requisite Lenders shall mean the Lenders whose aggregate Credit Exposures constitute at least sixtyfifty-six one percent (6651%) of the aggregate Credit Exposures of all Lenders, and provided that the Commitments (or the Credit Exposures) of any Delinquent Lenders shall be disregarded when determining the Requisite Lenders.
Appears in 1 contract
Samples: Credit Agreement (Liberty Property Limited Partnership)
Requisite Lenders. As of any date, the Lenders whose aggregate Commitments constitute at least sixtyfifty-six one percent (6651%) of the Total Commitment, provided that on and after the date that Commitments which constitute at least sixtyfifty-six one percent (6651%) of the Total Commitment have terminated pursuant to ss.12.2§12.2, Requisite Lenders shall mean the Lenders whose aggregate Credit Exposures constitute at least sixtyfifty-six one percent (6651%) of the aggregate Credit Exposures of all Lenders, and provided further that the Commitments (or the Credit Exposures) of any Delinquent Defaulting Lenders shall be disregarded when determining the Requisite Lenders.
Appears in 1 contract
Samples: Credit Agreement (Liberty Property Limited Partnership)
Requisite Lenders. As of any date, the Lenders whose aggregate Commitments constitute at least sixtyfifty-six one percent (6651%) of the Total Commitment, provided that on and after the date that Commitments which constitute at least sixtyfifty-six one percent (6651%) of the Total Commitment have terminated pursuant to ss.12.2§12.2, Requisite Lenders shall mean the Lenders whose aggregate Credit Exposures constitute at least sixtyfifty-six one percent (6651%) of the aggregate Credit Exposures of all Lenders, and provided that the Commitments (or the Credit Exposures) of any Delinquent Defaulting Lenders shall be disregarded when determining the Requisite Lenders.
Appears in 1 contract
Samples: Credit Agreement (Liberty Property Limited Partnership)