Appointed Bank definition

Appointed Bank has the meaning set forth in Clause 5.1(c);
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Appointed Bank means an appointed entity which is a bank;
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Appointed Bank shall have the meaning set forth in Section 4(e).
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Examples of Appointed Bank in a sentence

  • Upon payment of the Exercising Purchase Price by the Grantee to the Appointed Bank, the Grantee shall legally own the Common Shares acquired upon the exercise of the Options.

  • Mefford | President of Midland States Bank and EVP of Midland States Bancorp ▪ Joined Midland in 2003 ▪ Appointed Bank President in March 2018 ▪ Oversees all sales activities for commercial, retail, mortgage, wealth management, equipment finance, and treasury management Douglas J.

  • On the 45th Business Day following delivery of the Valuation Process Notice or such earlier date as mutually agreed between the Transferring Stockholder and the Offeree Stockholder, each Appointed Bank shall present to the other party and its Appointed Bank its determination of the fair market value of such non-cash consideration.

  • Each of the Transferring Stockholder and the Offeree Stockholder shall instruct its Appointed Bank to determine, by no later than 20 Business Days after being appointed, its best estimate of the fair market value of the non-cash consideration, based on the customary methodologies that such Appointed Bank in its professional experience deem relevant to such a determination.

  • Each of the Manager, on the one hand, and the Company and the Managed Subsidiaries, on the other hand, shall instruct its Appointed Bank to determine, by no later than twenty (20) Business Days after being appointed, its best estimate of the Fair Market Value of such consideration, based on the customary methodologies that such Appointed Bank in its professional experience deems relevant to such a determination.

  • On the forty-fifth (45th) Business Day following delivery of the Valuation Process Notice or such earlier date as agreed to by the Parties, each Appointed Bank shall present to the Parties and the other Appointed Bank its determination of the Fair Market Value of such consideration.

  • On the fifth day following delivery of the Valuation Process Notice or such earlier date as may be mutually agreed between the ROFO Transferor and the ROFO Offerees, each Appointed Bank shall present to the other parties and its Appointed Bank its determination of the fair market value of such non-cash consideration.

  • Mefford | President of Midland States Bank and EVP of Midland States Bancorp ▪ 25+ years in community banking ▪ Appointed Bank President in March 2018 ▪ Oversees commercial, retail, mortgage and treasury sales Douglas J.

  • Each of the MC Stockholder and the DT Stockholder shall instruct its Appointed Bank to determine, by no later than 20 Business Days after being appointed, its best estimate of the fair market value of the non-cash consideration, based on the customary methodologies that such Appointed Bank in its professional experience deem relevant to such a determination.

  • Funds are transferred to the Bank of Indonesia (BI) in USD note (5) and passed to the Appointed Bank in IDR notes (6).


More Definitions of Appointed Bank

Appointed Bank has the meaning set forth in Section 3.4 herein.
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Appointed Bank means a bank appointed by the Minister pursuant to section 15; “contingencies fund” means the fund established under section 10;
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Appointed Bank. ’ means an appointed entity which is a bank; ‘‘appointed entity’’ means any entity appointed by the Minister
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Related to Appointed Bank

  • Designated Bank means any bank designated by Lender as a Designated Bank, but only for as long as Lender has an agreement under which Lender receives Depository Benefits from that bank.

  • Obligated bank means the issuer of a cashier's check or teller's check or the acceptor of a certified check.

  • appointed person means the person given the authority to assess, plan and organise the work; to select suitable or appropriate plant and equipment, to ensure statutory documentation is current and in order; to provide instruction and supervision for the work to be undertaken safely; and tostop the work whenever he considers danger is likely to arise if it were to be continued.

  • Appointed means the act of naming or designating someone to a position or office.

  • Appointed Trustee means each person acting in a Corporate Trust Capacity under each applicable Corporate Trust Contract.

  • Successor Agent has the meaning set out in Section 15.10.

  • appointed member means a member referred to in section 5(1)(a) or (b);

  • Appointment means the appointment of any Seller to act in a Corporate Trust Capacity under any of the Corporate Trust Contracts of the Business.

  • Regulated Bank means an Approved Commercial Bank that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Qualified Bank means a U.S. commercial bank or the U.S. branch office of a foreign bank, in either case, having (x) assets on its most recent audited balance sheet of at least $10,000,000,000 and (y) a rating for its senior long-term unsecured debt obligations of at least (A) “A-” by S&P and “A3” by Moody’s, if such entity is rated by both S&P and Moody’s or (B) “A-” by S&P or “A3” by Moody’s, if such entity is rated by either S&P or Moody’s but not both.

  • appointor means in relation to an alternate Director, the Director who appointed the alternate to act as his alternate;

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Agent means any Registrar or Paying Agent.

  • Affected Bank has the meaning specified in Section 3.07.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Bank is defined in the preamble hereof.

  • Existing Agent has the meaning assigned to such term in the recitals hereto.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Independent Trustee means a Trustee who is not an interested person within the meaning of Section 2(a)(19) of the Investment Company Act.

  • Appointee means the person named by you and registered with us in accordance with the Nomination Schedule, who is authorized to receive the Death Benefit under this Policy on the death of the Life Assured while the Nominee is a minor;

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Liquidation Agent has the meaning set forth in Section 9.03.

  • Lead Agent has the meaning given to it above;