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 $5.0 billion.
Approved Commercial Bank a commercial bank with a consolidated combined capital surplus of at least $5,000,000,000.

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 $5 billion.
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000.0 million.
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 $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. “Attributable Debtin respect of a sale and leaseback transaction means, at the time of determination, the present value of the obligation of the
Approved Commercial Bank a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Approved Fund”: as defined in Subsection 11.6(b). “Asset Disposition”: any sale, lease, transfer, Division or other disposition of shares of Capital Stock of a Restricted Subsidiary (other than directors’ qualifying shares, or (in the case of a Foreign Subsidiary) to the extent required by any applicable law), property or other assets (each referred to for the purposes of this definition as a “disposition”) by the Borrower or any of its Restricted Subsidiaries (including any disposition by means of a merger, consolidation or similar transaction) other than (i) a disposition to the Borrower or a Restricted Subsidiary,
Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5 billion. “Authenticating Agent” means any agent of the Trustee which at any time shall be appointed and acting pursuant to the provisions ofSection 7.13.