Reserve Percentage
Reserve Percentage. Shall mean the percentage announced within Lender as the reserve percentage under Regulation D of the FRB for Loans and obligations making reference to a LIBO Rate for a LIBOR Period. The Reserve Percentage shall be based on Regulation D or other regulations from time to time in effect concerning reserves for Eurocurrency Liabilities as defined in Regulation D from related institutions as though Lender were in a net borrowing position, as promulgated by the FRB, or its successor.
Reserve Percentage. 15%.
Found in
XPLORE TECHNOLOGIES CORP contract
Reserve Percentage. Fifteen (15%) percent of the Face Amount of Eligible Purchased Accounts, which percent may be revised at any time by Purchaser to protect Purchaser with regard to (i) any indebtedness owing by Seller hereunder, or (ii) possible returns, claims or defenses of any Account Debtor.
Found in
LIGHTPATH TECHNOLOGIES INC contract
Reserve Percentage. Means the difference between 100% and the Down Payment Percentage.
Reserve Percentage. The percentage (expressed as a decimal) which Bank determines to be the maximum (but in any case less than 1.00) reserve requirement (including, without limitation, any emergency, marginal, special, or supplemental reserve requirement) prescribed for so-called "Eurocurrency liabilities" (or any other category of liabilities that includes deposits by reference to which the interest rate applicable to LIBOR Units is determined) under Regulation D (as amended from time to time) of the Board of...
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Found in
Quaker Chemical Corporation contract
Reserve Percentage. The Reserve Percentage as set forth on Schedule A.
Reserve Percentage. Means the maximum aggregate rate at which reserves (including, without limitation, any marginal supplemental or emergency reserves) are required to be maintained under Regulation D by member banks of the Federal Reserve System with respect to dollar funding in the London interbank market.
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Found in
GOLDFIELD CORP contract