Example ContractsClausesdefaulting banksVariants
Remove:

Majority Banks” means at any time Banks then holding more than 50% of the aggregate amount of the Credit Exposures at such time (exclusive in each case of the Credit Exposure(s) of Defaulting Banks).

Majority Banksmeansmeans, at any timetime, Banks then holdinghaving more than 50% of the aggregate amount of the Credit ExposuresAggregate Commitments at such time (exclusive in each caseor, if the Aggregate Commitments shall have been terminated, holding Outstanding Amounts evidencing more than 50% of the Credit Exposure(s)Aggregate Outstanding Amount at such time, provided that the Commitment of, and the Outstanding Amount held by, any Defaulting Bank shall be excluded for purposes of Defaulting Banks).making a determination of Majority Banks.

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