Example ContractsClausesadditional reserve requirementsVariants
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"Reserve Percentage" shall mean as of any day the maximum percentage in effect on such day as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding.

"Reserve Percentage"Percentage” shall mean as of any day the maximum percentage in effect on such day as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding.funding (currently referred to as “Eurocurrency Liabilities”).

"“Eurodollar Reserve Percentage" shall mean as ofPercentage” means, for any dayday, the maximum percentage which is in effect onfor such day as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirements (including supplemental, marginal andrequirement (including, without limitation, any basic, supplemental or emergency reserve requirements) withreserves) in respect toof eurocurrency funding.liabilities or any similar category of liabilities for a member bank of the Federal Reserve System in New York City.

"“Eurocurrency Reserve Percentage" shall mean as ofPercentage” means, for any day during any Interest Period, the maximumreserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day as prescribedday, whether or not applicable to any Bank, under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirementsrequirement (including supplemental,any emergency, supplemental or other marginal and emergency reserve requirements)requirement) with respect to eurocurrency funding.Eurocurrency funding (currently referred to as “Eurocurrency liabilities”).

"Reserve Percentage"Percentage” shall mean as of any day the maximum effective percentage in effect on such day as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding.

"“Euro-Dollar Reserve Percentage" shall meanPercentage” means, for any day, that percentage (expressed as of any day the maximum percentagea decimal) which is in effect on such dayday, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirements (including supplemental, marginal and emergency reserve requirements)requirement for a member bank of the Federal Reserve System in New York City with deposits exceeding in respect of “Eurocurrency liabilities” (or in respect of any other category of liabilities which includes deposits by reference to eurocurrency funding.which the interest rate on Euro-Dollar Loans is determined or any category of extensions of credit or other assets which includes loans by a non-United States office of any Lender to United States residents).

"“Eurodollar Reserve Percentage" shall mean as ofPercentage” means, for any day during any Interest Period, the maximumreserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day as prescribedday, whether or not applicable to any Lender, under regulations issued from time to time by the Board of Governors of the Federal Reserve System (or any successor)of the United States for determining the maximum reserve requirementsrequirement (including supplemental,any emergency, supplemental or other marginal and emergency reserve requirements)requirement) with respect to eurocurrency funding.Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage.

"Reserve Percentage" shall meanPercentage: the reserve percentage (expressed as a decimal, rounded up to the nearest 1/100th of any day the maximum percentage in effect on such day as prescribed1%) applicable to member banks under regulations issued by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirements (including supplemental, marginal and emergency reserve requirements) with respect to eurocurrency funding.requirement for Eurocurrency liabilities.

"“Euro-Dollar Reserve Percentage" shall mean as ofPercentage” means for any day the maximumthat percentage (expressed as a decimal) which is in effect on such dayday, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirements (including supplemental, marginal and emergency reserve requirements)requirement for a member bank of the Federal Reserve System in New York City with deposits exceeding in respect of “Eurocurrency liabilities” (or in respect of any other category of liabilities which includes deposits by reference to eurocurrency funding.which the interest rate on Euro-Dollar Loans is determined or any category of extensions of credit or other assets which includes loans by a non-United States office of any Lender to United States residents).

"“Euro-Dollar Reserve Percentage" shall meanPercentage” means, for any day, that percentage (expressed as of any day the maximum percentagea decimal) which is in effect on such dayday, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirements (including supplemental, marginal and emergency reserve requirements)requirement for a member bank of the Federal Reserve System in New York City with deposits exceeding in respect of “Eurocurrency liabilities” (or in respect of any other category of liabilities which includes deposits by reference to eurocurrency funding.which the interest rate on Euro-Dollar Loans is determined or any category of extensions of credit or other assets which includes loans by a non-United States office of any Lender to United States residents).

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