Acceding Bank definition

Acceding Bank has the meaning set forth in Section 12.09(c)(i).
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Acceding Bank means any financial institution that is to provide an Ancillary Facility to one or more members of the South African Group that has executed a Bank Accession Notice and the Company has delivered to the Facility Agent each of the documents required to be provided therewith each in a form satisfactory to the Facility Agent.
Sample 1
Acceding Bank has the meaning set forth in Section 9.6(d).
Sample 1

Examples of Acceding Bank in a sentence

  • All communications and notices hereunder to the Acceding Bank shall be given to it at the address set forth under its signature hereto, which information, together with the amount of the Acceding Bank’s Commitment, supplements Schedule 1 to the Credit Agreement.

  • The Acceding Bank, as of the Effective Date, hereby accedes to the Credit Agreement and shall thereafter have the rights and obligations of a Bank thereunder with the same force and effect as if originally named therein as a Bank.

  • The following terms shall have the meanings set forth in this Section 1 or elsewhere in the provisions of this Credit Agreement referred to below: Acceding Bank.

  • C The Acceding Bank wishes to become party to the Facility Agreement as a Bank pursuant to the procedure established in clause 29.5 of the Facility Agreement by the execution of this Certificate.

  • Without limiting clause 5 of this Certificate, the Acceding Bank agrees that the provisions of clause 24.13 of the Facility Agreement binds it as if the reference therein to this "Agreement" included this Certificate and (subject to any agreement to the contrary between the Existing Banks and Acceding Bank) the reference therein to the "Agent" included the Existing Banks.

  • The Acceding Bank acknowledges that it has received a complete and current copy of each Transaction Document together with such other documents and information as it has required in connection therewith.

  • The Acceding Bank undertakes to the Existing Banks, the Agent and the Borrower that it shall assume the New Obligations on and from the Accession Date.

  • In the event that the Lender Increase Notices are less than the amount requested by the Borrower, no later than five (5) Business Days prior to the proposed effective date the Borrower may notify the Administrative Agent of any Eligible Assignee that shall have agreed to become a "Tranche B Lender" party hereto (an "Acceding Bank") in connection with the Commitment Increase Notice.

  • NationsBank, FNBB and the other lending institutions listed on Schedule 1 hereto and any other Person who becomes an assignee of any rights and obligations of a Bank pursuant to Section 19 or which becomes an Acceding Bank pursuant to Section 19 hereof.

  • On and from the Substitution Date the Agent will make all payments received by it in respect of the amounts referred to in paragraph 8(b) to the Banks (other than the Acceding Bank) in accordance with their respective entitlements.


More Definitions of Acceding Bank

Acceding Bank has the meaning ascribed to such term in Clause 6.12 (Increase of Commitments);
Sample 1
Acceding Bank has the meaning set forth in Section 9.6(d). "Administrative Questionnaire" means, with respect to each Bank, an administrative questionnaire in the form prepared by the Agent and submitted to the Agent (with a copy to the Borrower) duly completed by such Bank.
Sample 1
Acceding Bank means the bank set out in Part Two of the Schedule hereto;
Sample 1

Related to Acceding Bank

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Exiting Lender see Section 2.17.7.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • UK Non-Bank Lender means a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

  • Settling Bank means the entity appointed by the Trust or you, as applicable, to perform such settlement services on behalf of the Trust and you, as applicable, which entity agrees to abide by NSCC's then current rules and procedures insofar as they relate to same day funds settlement. In all cases, processing and settlement of share transactions shall be done in a manner consistent with applicable law.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • New Lender as defined in Section 2.24(b).

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Collecting bank means a bank handling the item for collection except the payor bank.

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Swap Bank means any Lender or an Affiliate of a Lender in its capacity as a party to a Swap Contract entered into after the date of this Agreement.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Issuing Bank Agreement means an agreement in the form of Exhibit C, or in any other form reasonably satisfactory to the Administrative Agent, pursuant to which a Lender agrees to act as an Issuing Bank.

  • Purchasing Lender shall have the meaning set forth in Section 16.3(c) hereof.

  • Increasing Bank has the meaning specified in Section 2.6(a).

  • New Lender Supplement as defined in Section 2.1(c).

  • Supplemental Administrative Agent has the meaning specified in Section 9.13(a) and “Supplemental Administrative Agents” shall have the corresponding meaning.

  • Purchasing Banks as defined in subsection 10.5(d).