Additional Banks definition

Additional Banks has the meaning set forth in Section 2.21(d).
Sample 1Sample 2Sample 3
Additional Banks means any Person that hereafter becomes a signatory Party hereto as a lender to Borrower hereunder.
Sample 1Sample 2Sample 3
Additional Banks means the banking institutions that, within six (6) months of the Closing Date, (i) become a signatory hereto and (ii) are named in Exhibit B, provided that a banking institution cannot qualify as an Additional Bank if the Aggregate Loan Commitment of the Banks and the Additional Banks exceed $75,000,000.
Sample 1Sample 2

Examples of Additional Banks in a sentence

  • The sum of the increases in the Commitments of the existing Banks pursuant to this subsection (b) plus the Commitments of the Additional Banks shall not in the aggregate exceed the unsubscribed amount of the Increased Commitments.

  • The sum of the increases in the Commitments of the existing Banks pursuant to this subsection (b) plus the Commitments of the Additional Banks shall not in the aggregate exceed the unsubscribed amount of the Commitment Increase.

  • The sum of the increases in the Commitments of the existing Banks pursuant to this paragraph (b) plus the Commitments of the Additional Banks shall not in the aggregate exceed the unsubscribed amount of the Additional Commitment Amount.

  • The Existing Termination Date shall be extended only if Banks holding Commitments (not including the newly undertaken commitments of the Additional Banks) that aggregate more than 50% of the aggregate amount of the Commitments (not including the commitments of the Additional Banks) shall have agreed to extend the Existing Commitment Termination Date.

  • Sometimes candidates request up to a week to review the mission profile, discuss the possibilityof a move with their families and seek God’s guidance in the decision to have their names placed on the call list.

  • In no event shall the Commitment of any Bank be increased by reason of any bank or financial institution becoming an Additional Bank, or otherwise, but the Aggregate Commitment shall be increased by the amount of each Additional Bank's Commitment.

  • Acquisition of Control of Additional Banks or Bank Holding Company.

  • Any such banking institution (an "Additional Bank") shall, on the Effective Date, execute and deliver to the Company and the Agent a Commitment Transfer Supplement, satisfactory to the Company and the Agent, setting forth the amount of such Additional Bank's Commitment and containing its agreement to become, and to perform all the obligations of, a Bank hereunder, and the Commitment of such Additional Bank shall become effective on the Effective Date.

  • The sum of the increases in the Commitments of the existing Banks pursuant to this subsection (b) plus the Commitments of the Additional Banks shall not in the aggregate exceed the request for Increased Commitments.

  • Any Additional Bank shall, on the Existing Termination Date, execute and deliver to the Company and the Administrative Agent a "Commitment Transfer Supplement", satisfactory to the Company and the Administrative Agent, setting forth the amount of such Additional Bank's Commitment and containing its agreement to become, and to perform all the obligations of, a Bank hereunder, and the Commitment of such Additional Bank shall become effective on the Existing Termination Date.


More Definitions of Additional Banks

Additional Banks has the meaning ascribed thereto in the preamble to this Agreement.
Sample 1
Additional Banks means each of the following:
Sample 1
Additional Banks means the financial institutions which agree to provide Additional Term Loans or make Additional Revolving Commitments to Holdings in accordance with the terms and conditions set forth herein by becoming parties to this Agreement on the Subsequent Effective Date.
Sample 1
Additional Banks shall have the meaning given to such term in Section 2.10 hereof. "Additional Costs" shall have the meaning given to such term in Section 5.01 hereof.
Sample 1

Related to Additional Banks

  • Additional Bank has the meaning set forth in Section 2.17(b).

  • National bank means a national banking association

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

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

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

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

  • Request regarding a statement of account means a record authenticated by a debtor requesting that the recipient approve or correct a statement indicating what the debtor believes to be the aggregate amount of unpaid obligations secured by collateral as of a specified date and reasonably identifying the transaction or relationship that is the subject of the request.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

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

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Additional Financing has the meaning set forth in Section 16.3(a).

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

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

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

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

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.