Australian Bank definition

Australian Bank means a bank or financial institution authorized under the laws of Australia to carry out the business of banking in Australia.
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Australian Bank means an “Australian bank” as defined in the Corporations Xxx 0000 (Cth) which is incorporated in Australia.
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Australian Bank or “ADI” means an Australian Company which is also an authorised deposit- taking institution (as defined in the Banking Act);
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Examples of Australian Bank in a sentence

  • Examples of IBOR include ‘LIBOR’ (the London Inter‑bank Offered Rate), ‘EURIBOR’ (the Euro Inter‑bank Offered Rate), ‘CDOR’ (the Canadian dollar offered rate) and ‘BBSW’ (the Australian Bank Bill Swap Rate).

  • Borrowings of more than one Type may be outstanding at the same time; provided that there shall not at any time be more than a total of ten Eurodollar Borrowings, EURIBOR Borrowings, HIBOR Borrowings, SIBOR Borrowings, Australian Bank Xxxx Rate Borrowings or Canadian BA Rate Borrowings outstanding.

  • Except as otherwise provided herein, an Interest Election Request for conversion to, or continuation of, any Eurodollar Borrowing, EURIBOR Borrowing, HIBOR Borrowing, SIBOR Borrowing, Australian Bank Xxxx Rate Borrowing or Canadian BA Rate Borrowing shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to effect a conversion or continuation in accordance therewith.

  • Except as otherwise provided herein, a Borrowing Request for a Eurodollar Borrowing, a EURIBOR Borrowing, a HIBOR Borrowing, a SIBOR Borrowing, an Australian Bank Xxxx Rate Borrowing or a Canadian BA Rate Borrowing shall be irrevocable on and after the related Interest Rate Determination Date, and the Borrower shall be bound to make a borrowing in accordance therewith.

  • If no Interest Period is specified with respect to any requested Eurodollar Borrowing, EURIBOR Borrowing, HIBOR Borrowing, SIBOR Borrowing, Australian Bank Xxxx Rate Borrowing or Canadian BA Rate Borrowing, then the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • This forecast is based on loan terms which have been proposed by a major Australian Bank but have not yet been finalised.

  • Distributions will be paid by direct credit to your nominated Australian Bank Account only.Cheques will not be issued for distribution payments.

  • The applicable Alternate Base Rate, Adjusted LIBO Rate, Adjusted EURIBOR Rate, HIBOR, SIBOR, Australian Bank Xxxx Rate or Canadian BA Rate shall be determined by the Administrative Agent or the applicable Issuing Bank, as the case may be, and such determination shall be conclusive absent manifest error.

  • The majority of cash and cash equivalents is held with one Australian Bank which has an AA- long-term credit rating from Standard and Poor’s.Wherever possible, the Group trades only with recognised, credit worthy third parties.

  • Bulk Electronic Clearing System (BECS) means the clearing and settlement system regulated by the Australian Payments Clearing Associated and used to transfer funds between Australian Bank accounts.


More Definitions of Australian Bank

Australian Bank means anAustralian ADI that is permitted under section 66 of the Banking Act 1959 to assume or use:
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Australian Bank means Australia and New Zealand Banking Group Limited.
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Australian Bank means an Australian ADI that is permitted under section 66 of the Banking Act 1959 to assume or use:
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Australian Bank means an “Australian bank” as defined in the Corporations Xxx 0000 (Cth) which is incorporated in Australia. Australian Standards means the standards issued from time to time by Standards Australia.
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Australian Bank means each Bank designated as an "Australian Bank" on SCHEDULE 1.1(A) and each other Bank which becomes an Australian Bank hereunder pursuant to SECTION 15.9.
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Australian Bank and "Australian Banks" include BofA (and any applicable Affiliate thereof) in such capacity, as applicable.
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Related to Australian Bank

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any province or territory thereof.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Canadian Loan Party means any Loan Party organized under the laws of Canada or any province or territory thereof.

  • UK Loan Party means any Loan Party incorporated under the laws of England and Wales.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Swiss Borrower means a Borrower incorporated in Switzerland and/or having its registered office in Switzerland and/or qualifying as a Swiss resident pursuant to Art. 9 of the Swiss Federal Withholding Tax Act.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Australian Corporations Act means the Corporations Xxx 0000 (Cth) of Australia.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Lender means any Lender that (a) is a Canadian chartered bank lending and receiving payment through Canadian offices and (b) has a Canadian Commitment.

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

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Canadian Borrower as defined in the preamble hereto.