Agreed Bank definition

Agreed Bank. Means, initially, JPMorgan Chase Bank N.A. or any successor thereto or any replacement bank selected by the Trustee, in each case, so long as it: (a) has an investment grade rating by Fitch Ratings Inc. (minimum ratings of BBB or F2) or Xxxxx’x (minimum ratings of Baa2 or P-2); and (b) can act as a securities intermediary under the UCC.

Agreed Bank means a bank which is at all times rated at least AA by S&P or Aa2 by Moody's;

Agreed Bank means a bank which is at all times rated at least [AA by S&P or Aa2 by Xxxxx'x];

Examples of Agreed Bank in a sentence

• N.B: In cases where the name of any Central Government or State Government owned and / or sponsored Industrial Financing or Rehabilitation Financing Corporations and /or Unit Trust of India or General Insurance Corporation of India and/or its subsidiaries or LIC of India/ any Financial Institution is included in the title of the Fire Policy as mortgagees, the above Agreed Bank Clause may be incorporated in the Policy substituting the name of such institution in place of the word 'Bank' in the said clause.

• Standard Special Clause (Agreed Bank Clause) Agreed Bank Clause If You have mortgaged, hypothecated or created any security over any Insured Property in favour of a Bank, and the Bank has an interest in the Policy, the name of such Bank will also be shown in the Policy Schedule under the title ‘Agreed Bank Clause’.

• Agreed Bank ClauseIf You have mortgaged, hypothecated or created any security over any Insured Property in favour of a Bank, and the Bank has an interest in the Policy, the name of such Bank will also be shown in the Policy Schedule under the title ‘Agreed Bank Clause’.

• Agreed Bank Clause If You have mortgaged, hypothecated or created any security over any Insured Property in favour of a Bank, and the Bank has an interest in the Policy, the name of such Bank will also be shown in the Policy Schedule under the title ‘Agreed Bank Clause’.

• All other terms and conditions of the Policy shall apply to the Declaration Policy Standard Special Clause (Agreed Bank Clause) Agreed Bank Clause If You have mortgaged, hypothecated or created any security over any Insured Property in favour of a Bank, and the Bank has an interest in the Policy, the name of such Bank will also be shown in the Policy Schedule under the title ‘Agreed Bank Clause’.

• Agreed Bank ClauseAll policies in which a Bank/Financial Institution has interest shall be issued in the name of Bank/Financial Institution and owner or mortgagor and shall contain a suitable clause to protect their interest.

• Agreed Bank clause All policies in which a Bank/Financial Institution has interest shall be issued in the name of Bank/Financial Institution and owner or mortgagor and shall contain a suitable clause to protect their interest.

• The Trustee shall make, or direct the Agreed Bank in writing to make, distributions from the Distributions Account–Rental Proceeds in accordance with the Distribution Date Schedule in the order of priority set forth in Section 5.05(b) below.

• On each Distribution Date, the Trustee shall distribute pro rata to the Certificateholders from the Distribution Account— Indebtedness Proceeds, or direct the Agreed Bank in writing to distribute, the net proceeds of Permitted Indebtedness, if any, received and deposited into the Distribution Account— Indebtedness Proceeds during the related Collection Period.

• The Trustee shall make, or direct the Agreed Bank in writing to make, transfers from the Collections Account–Rental Proceeds in accordance with Section 5.03(a) and with the Distribution Date Schedule as set forth in Section 5.05(a) below.

More Definitions of Agreed Bank

Agreed Bank means a bank which is at all times rated at least AA by S&P or Aa2 by Xxxxx'x; "Agreed Form" means, in relation to any document, the form of that document agreed by the Parties; "Amended Corridor" means the Corridor as amended to reflect the Reviewed Design Documentation;