Examples of Assigning Bank in a sentence
After the Agent’s receipt of such funds, the Agent will promptly make such same day funds available to the account of each Assigning Bank in an amount equal to such Assigning Bank’s ratable portion of such payment by the Added Banks and Increasing Banks.
Thereafter, said assignee shall have all of the rights hereunder and obligations of the Assigning Bank (except as otherwise expressly set forth herein) and such Bank shall have no further obligations to the Company hereunder.
It is specified that any service of such an instrument on the Borrower will be made by the Assigning Bank at its costs.
The Agent shall deliver the foregoing Notes to the Applicant and the Assigning Bank promptly after the Effective Date, or (if later) the receipt by the Agent thereof.
Upon or after the acceptance and recording of this Assignment and Acceptance by the Agent, this Assignment will become effective, as to the Purchasing Bank, upon the payment to the Assigning Bank by such Purchasing Bank of the amounts required to be paid, if any, in accordance with the purchased Loans as provided above.