Purchasing Banks definition

Purchasing Banks as defined in subsection 10.5(d).

Purchasing Banks has the meaning specified in Section 10.6(c).

Purchasing Banks as defined in subsection 8.6(c).

Examples of Purchasing Banks in a sentence

• Upon such sale, the Purchasing Bank or Purchasing Banks shall assume the Affected Bank's commitment, and the Affected Bank shall be released from its obligations hereunder to a corresponding extent.

• Upon such sale, the Purchasing Bank or Purchasing Banks shall assume the Affected Bank’s commitment, and the Affected Bank shall be released from its obligations hereunder to a corresponding extent.

• The Affected Bank shall be obligated to sell its Advances of the Revolving Credit and/or Swing Line, as the case may be, and assign its commitments to such Purchasing Bank or Purchasing Banks within fifteen days after receiving notice from Company requiring it to do so, at an aggregate price equal to the outstanding principal amount thereof, plus unpaid interest accrued thereon up to but excluding the date of the sale.

• The Affected Bank shall be obligated to sell its Advances of the Revolving Credit, Swing Line and/or the applicable Term Loan, as the case may be, and assign its commitments to such Purchasing Bank or Purchasing Banks within fifteen days after receiving notice from Company requiring it to do so, at an aggregate price equal to the outstanding principal amount thereof, plus unpaid interest accrued thereon up to but excluding the date of the sale.

• The Affected Bank shall be obligated to sell its Advances of the Revolving Credit and/or the applicable Term Loan, as the case may be, and assign its commitments to such Purchasing Bank or Purchasing Banks within fifteen days after receiving notice from Borrowers requiring it to do so, at an aggregate price equal to the outstanding principal amount thereof, plus unpaid interest accrued thereon up to but excluding the date of the sale.

More Definitions of Purchasing Banks

Purchasing Banks as defined in Section 14.7(b) of the Project Loan Agreement.

Purchasing Banks shall have the meaning provided in Section 9.4(d).

Purchasing Banks shall have the meaning ascribed to such term in Section 11.6(c).

Purchasing Banks as defined in Section 9.6(c).

Purchasing Banks is defined in Section 12.11 hereof.

Purchasing Banks shall have the meaning specified in paragraph (c) of subsection 11.6 of this Amended and Restated Credit Agreement.

Purchasing Banks. [ ] Borrower: Indiantown Cogeneration, L.P. The undersigned, as Agent under the Debt Service Reserve Letter of Credit and Reimbursement Agreement, dated as of October 10, 2003 by and among (i) Indiantown Cogeneration, L.P., a Delaware limited partnership ("Borrower"), (ii) the Banks parties thereto from time to time (collectively, the "Banks"), and (iii) Credit Lyonnais New York Branch, as agent for the Banks ("Agent") (as from time to time amended, supplemented or otherwise modified in accordance with the terms thereof, the "Debt Service Reserve Letter of Credit Agreement") acknowledges receipt of [ ] ([ ]) copies of the Commitment Transfer Supplement as described in Annex I hereto, each fully executed. Terms defined in such Commitment Transfer Supplement are used herein as therein defined.