Banking Institution Sample Clauses

Banking Institution. An entity chartered by a state or the federal gov- ernment to provide financial services.
Sample 1
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Banking Institution. 2.12(a) Bank Accounts................................................ 2.21
Sample 1
Banking Institution. All interest earned on the Deposit shall either (i) at the time of Closing, be delivered to Seller and credited toward the Consideration or (ii) paid to Purchaser if this Agreement terminates and, in accordance with the terms of this Agreement, the Deposit is refunded to Purchaser, or (iii) paid to Seller if this Agreement terminates and, in accordance with the terms of this Agreement, the Deposit is paid to Seller.
Sample 1
Banking Institution. 2.12(a) Business Day ................ Appendix "B" Bank Accounts ............... 2.21
Sample 1

Related to Banking Institution

  • Financial Institution The Financial Institution will not be liable under this Agreement, except for (i) its own willful misconduct, bad faith or negligence or (ii) breach of its representations and warranties in this Agreement. The Financial Institution will not be liable for special, indirect or consequential losses or damages (including lost profit), even if the Financial Institution has been advised of the likelihood of the loss or damage and regardless of the form of action.

  • Financial Institution Funding Each Purchaser Interest of the Financial Institutions shall accrue Yield for each day during its Tranche Period at either the LIBO Rate or the Prime Rate in accordance with the terms and conditions hereof. Until Seller gives notice to the Agent of another Discount Rate in accordance with Section 4.4, the initial Discount Rate for any Purchaser Interest transferred to the Financial Institutions pursuant to the terms and conditions hereof shall be the Prime Rate. If the Financial Institutions acquire by assignment from Company any Purchaser Interest pursuant to Article XIII, each Purchaser Interest so assigned shall each be deemed to have a new Tranche Period commencing on the date of any such assignment.

  • EEA Financial Institution No Loan Party is an EEA Financial Institution.

  • Location of Financial Institution Regardless of any provision in any other agreement, for purposes of the UCC, New York will be the location of the bank for purposes of Sections 9-301, 9-304 and 9-305 of the UCC and the securities intermediary for purposes of Sections 9-301 and 9-305 and Section 8-110 of the UCC.

  • Bank The Buyer (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto.

  • EEA Financial Institutions No Loan Party is an EEA Financial Institution.

  • Financial Institutions Notwithstanding this Article 3, any party may provide Confidential Information to any financial institution in connection with borrowings from such financial institution by such party or any of its Controlled Related Parties, so long as prior to any such disclosure such financial institution executes a confidentiality agreement that provides protection substantially equivalent to the protection provided the parties in this Article 3.

  • Affected Financial Institution No Loan Party is an Affected Financial Institution.

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