Approved Commercial Bank definition
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000.
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Asset Sale” means:
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least
Examples of Approved Commercial Bank in a sentence
In either case, such appointment shall be subject to the prior written approval of Borrower (which approval may not be unreasonably withheld or unreasonably delayed if such successor is an Approved Commercial Bank and which shall not be required upon the occurrence and during the continuance of an Event of Default pursuant to Section 9.1(a), (b) or (f)).
If no successor Agent shall have been so appointed by the Required Lenders with such consent of the Borrower and shall have accepted such appointment within 30 days after the retiring Agent’s giving of notice of resignation, then the retiring Agent may, on behalf of the Lenders and with the consent of the Borrower (such consent not to be unreasonably withheld or delayed), appoint a successor Agent, that shall be an Approved Commercial Bank.
More Definitions of Approved Commercial Bank
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $2,500,000,000.
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Approved Fund” means any entity that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5.0 billion. “Asset Disposition” means:
Approved Commercial Bank meansshall mean a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000.
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present value of the obligation of the
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5.0 billion. “Approved Foreign Bank” has the meaning specified in the definition of “Cash Equivalents.”
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Approved Fund” means any Fund that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages a Lender. “Arranger/Lender-Related Persons” has the meaning specified in Section 10.15(d). “Arrangers” means each of RBC Capital Markets, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Senior Funding, Inc., Credit Suisse Loan Funding LLC, MUFG Union Bank, N.A. and Citizens Bank, N.A., in their respective capacities as exclusive joint lead arrangers and joint bookrunners for the Initial Term Loans, each of the 2022 Incremental Term Loan Arrangers, each of the 2023 Term Loan Arrangers and, each of the 2024 Term Loan Arrangers and the 2024 Term B-2 Loan Arranger. “Asset Sale” means any Disposition by the Borrower or any Restricted Subsidiary other than: a sale, exchange or other disposition of cash, Cash Equivalents or Investment(a) Grade Securities, or of obsolete, damaged, unnecessary, surplus, negligible, unsuitable or worn out equipment or other assets in the ordinary course of business, or dispositions of property no longer used, useful or economically practicable to maintain in the conduct of the business of the Borrower and the Restricted Subsidiaries (including allowing any such registrations or any such applications for registration of any such intellectual property or other such intellectual property rights to lapse or become abandoned); without limiting the provisions of Section 8.01(k), the sale, conveyance, lease or(b) other disposition of all or substantially all of the assets of the Borrower in compliance with the provisions of Section 7.03 or Section 7.04 or any Disposition that constitutes a Change of Control; any Restricted Payment that is permitted to be made, and is made, pursuant to(c) Section 7.05 or any Permitted Investment; any Disposition of assets or issuance or sale of Equity Interests of any Restricted(d) Subsidiary, in a single transaction or series of related transactions, with an aggregate Fair Market Value of less than or equal to the greater of (x) $42,000,000 and (y) 20.0% of Consolidated EBITDA of the Group Parties per fiscal year; provided that any unused amounts pursuant to this clause (d) during any fiscal year shall carry forward to the succeeding fiscal year; any transfer or Disposition of property or assets or issuance or sale of Equity(e)