Assignor Bank definition

Assignor Bank shall have the meaning given to that term in Subparagraph 8.05(c).
Sample 1Sample 2Sample 3
Assignor Bank shall have the meaning given to that term in SUBPARAGRAPH 8.05(c).
Sample 1Sample 2
Assignor Bank means the bank that transfers assets to the assignee pursuant to Article 7-bis of the law;
Sample 1Sample 2

Examples of Assignor Bank in a sentence

  • The Notes surrendered by the Assignor Bank shall be returned by Agent to Borrower marked "replaced".

  • Each Assignment Agreement shall be deemed to amend Schedule I to the extent, and only to the extent, necessary to reflect the addition of each Assignee Bank, the deletion of each Assignor Bank which reduces its Proportionate Share to 0% and the resulting adjustment of Proportionate Shares arising from the purchase by each Assignee Bank of all or a portion of the rights and obligations of an Assignor Bank under this Agreement and the other Credit Documents.

  • Concurrently with the execution and delivery hereof, Assignor Bank will provide to each Assignee Bank (if it is not already a Bank party to the Credit Agreement) conformed copies of all documents delivered to Assignor Bank on or prior to the Closing Date in satisfaction of the conditions precedent set forth in the Credit Agreement.

  • At or before 12:00 noon (local time of Assignor Bank) on the Assignment Effective Date, each Assignee Bank shall pay to Assignor Bank, in immediately available or same day funds, an amount equal to the purchase price, as agreed between Assignor Bank and such Assignee Bank (the "Purchase Price"), for the Proportionate Share purchased by such Assignee Bank hereunder.

  • Effective upon receipt by Assignor Bank of the Purchase Price payable by each Assignee Bank, the sale, assignment and delegation to such Assignee Bank of such Proportionate Share as described in Paragraph 2 hereof shall become effective.

  • The Assignee hereby agrees to pay to the Assignor Bank the assignment fee for the [Commitment Amount] [Outstanding Principal Balance] under the Loan Agreement, at the rate of % of the [Commitment Amount] [Outstanding Principal Balance] assigned to it, and such payment shall be made on the execution date of this Agreement.

  • The Revolving Loan Notes surrendered by the Assignor Bank shall be returned by Administrative Agent to Borrower marked "replaced".

  • Each Assignment Agreement shall be deemed to amend Schedule I to the extent, and only to the extent, necessary to reflect the addition of each Assignee Bank, the deletion of each Assignor Bank which reduces its Revolving Loan Commitment to $0, and the resulting adjustment of Revolving Loan Commitments arising from the purchase by each Assignee Bank of all or a portion of the rights and obligations of an Assignor Bank under this Restated Credit Agreement and the other Credit Documents.

  • The Assignee Bank shall make the proceeds of such purchases available to the Administrative Agent which shall then make such amounts of the proceeds of such purchases available to each Assignor Bank as is necessary to purchase in full at par the Existing Loan Commitment owing to each respective Assignor Bank.

  • On the Effective Date, each New Bank shall make available to the Agent for the benefit of each Existing Bank that has made an assignment to it hereunder (each such Existing Bank applicable to a New Bank herein an "Assignor Bank") in immediately available funds an amount equal to the sum of the Assigned Percentages of such New Bank set forth on Annex B hereto multiplied by the aggregate amount of the Revolving Loans outstanding on the Effective Date (the "Purchase Price").


More Definitions of Assignor Bank

Assignor Bank has the meaning given to it in Clause 26.2 (Accession of Assignee Banks);
Sample 1
Assignor Bank is defined in Section 10.11.
Sample 1
Assignor Bank is defined in SECTION 13.7.1.
Sample 1

Related to Assignor Bank

  • Assignor Lender shall have the meaning given to that term in Section 8.05(c).

  • Assignor as defined in Section 10.6(c).

  • Payor bank means a bank that is the drawee of a draft.

  • New Bank as defined in subsection 2.20(b).

  • Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Assignee Lender is defined in Section 11.11.1.

  • New Lender as defined in Section 2.24(b).

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Assigning Lender means as specified in Section 13.8(b).

  • KeyBank means KeyBank National Association.

  • Increasing Bank has the meaning specified in Section 2.6(a).

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

  • Bank is defined in the preamble hereof.

  • Existing Lender were references to all the Lenders immediately prior to the relevant increase;

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • Rabobank means Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A., “Rabobank Nederland”, New York Branch.

  • Settling Bank means the entity appointed by the Trust or you, as applicable, to perform such settlement services on behalf of the Trust and you, as applicable, which entity agrees to abide by NSCC's then current rules and procedures insofar as they relate to same day funds settlement. In all cases, processing and settlement of share transactions shall be done in a manner consistent with applicable law.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Bank of America Fee Letter means the letter agreement, dated as of August 10, 2012, between the Borrower and the Syndication Agent, as amended, modified, supplemented or restated and in effect from time to time.

  • New Borrower means (a) each New Company that is a Company Borrower, and (b) each other Company (including a New Company) acting on behalf of, and for the account of, each Series thereof that is a New Fund.

  • Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.