bus grant signal, GNT#, from an arbiter located on the motherboard. Each device has a separate request line REQ# that requests the bus, but the arbiter may "park" the bus grant signal at any device if there are no current requests. The arbiter may remove GNT# at any time. A device which loses GNT# may complete its current transaction, but may not start one (by asserting FRAME#) unless it observes GNT# asserted the cycle before it begins. The arbiter may also provide GNT# at any time, including during another master's transaction. During a transaction, either FRAME# or IRDY# or both are asserted; when both are deasserted, the bus is idle. A device may initiate a transaction at any time that GNT# is asserted and the bus is idle. Address phase A PCI bus transaction begins with an address phase. The initiator, seeing that it has GNT# and the bus is idle, drives the target address onto the AD[31:0] lines, the associated command (e.g. memory read, or I/O write) on the C/BE[3:0]# lines, and pulls FRAME# low. Each other device examines the address and command and decides whether to respond as the target by asserting DEVSEL#. A device must respond by asserting DEVSEL# within 3 cycles. Devices which promise to respond within 1 or 2 cycles are said to have "fast DEVSEL" or "medium DEVSEL", respectively. (Actually, the time to respond is 2.5 cycles, since PCI devices must transmit all signals half a cycle early so that they can be received three cycles later.) Note that a device must latch the address on the first cycle; the initiator is required to remove the address and command from the bus on the following cycle, even before receiving a DEVSEL# response. The additional time is available only for interpreting the address and command after it is captured. On the fifth cycle of the address phase (or earlier if all other devices have medium DEVSEL or faster), a catch-all "subtractive decoding" is allowed for some address ranges. This is commonly used by an ISA bus bridge for addresses within its range (24 bits for memory and 16 bits for I/O). On the sixth cycle, if there has been no response, the initiator may abort the transaction by deasserting FRAME#. This is known as master abort termination and it is customary for PCI bus bridges to return all-ones data (0xFFFFFFFF) in this case. PCI devices