Bank Letter definition

Bank Letter shall have the meaning specified in Section 5.28 hereof.
Bank Letter means a letter from a financial institution stating its view, subject to reasonable and customary assumptions, that SplitCo could be expected to borrow the principal amount of the Galleria Credit Facility or the Refinanced Facility, as the case may be, without a guarantee or other form of credit support from Acquiror, provided that such financing may be on terms less favorable than those contained in the Galleria Credit Facility or the Refinanced Facility, as the case may be.
Bank Letter means a letter from a financial institution stating its view, subject to reasonable and customary assumptions, that Vistana could be expected to borrow the principal amount of the Vistana Loan(s) or the Refinancing, as the case may be, without a guarantee or other form of credit support from ILG or any of its Subsidiaries.

Examples of Bank Letter in a sentence

  • ATTACHMENT NUMBER DESCRIPTION OF ATTACHMENTNUMBER OF PAGESAttachment 1Sample Bank Letter of GuarantyJ.

  • No contract resulting from this RFP will be valid until the required Performance Bond or Irrevocable Bank Letter of Credit has been received and found to be in proper form and amount.

  • The final decision as to the requirement for a Performance Bond or Irrevocable Bank Letter of Credit will be made upon contract award and is at the State’s sole discretion.

  • The date of Bank Letter should not be prior to the date of advertisement and should also indicate the relationship (type and period) bank is holding with the applicant.

  • You must submit a signed copy of this form along with a signed W-9 and one form of account verification (Voided Check, Deposit Slip, Bank Letter).


More Definitions of Bank Letter

Bank Letter. If a bank letter is necessary due to non-imprinted checks, it must be on bank letterhead, and include merchant name, routing number, account number, and be signed by a bank representative with their title listed. Name on bank account must match the applicant name. Trusts: Need complete copy of trust paperwork and the business information shown under "Partnerships and Corporations."
Bank Letter means a letter, in form and substance acceptable to Parent, from a financial institution stating its view, subject to reasonable and customary assumptions, that Wimbledon (or Merger Sub after the consummation of the Merger) could be expected to borrow the principal amount of the Wimbledon Credit Facility or the Refinancing, as the case may be, without a guarantee or other form of credit support from Acquiror; provided , however , that such financing may be on terms less favorable than those contained in the Wimbledon Credit Facility or the Refinancing, as the case may be.
Bank Letter means a letter, in form and substance acceptable to Parent, from a financial institution stating its view, subject to reasonable and customary assumptions, that Wimbledon (or Merger Sub after the consummation of the Merger) could be expected to borrow the principal amount of the Wimbledon Credit Facility or the Refinancing, as the case may be, without a guarantee or other form of credit support from Acquiror; provided, however, that such financing may be on terms less favorable than those contained in the Wimbledon Credit Facility or the Refinancing, as the case may be.
Bank Letter means the letter dated the Closing Date between Buyer and the Duncans regarding the assumption by Buyer of certain bank loans guaranteed by the Duncans in the form of Exhibit J.
Bank Letter means a letter from a financial institution stating its view, subject to reasonable and customary assumptions, that Folgers could be expected to borrow the principal amount of the Folgers Credit Facility or the Refinancing, as the case may be, without a guarantee or other form of credit support from RMT Partner, provided that such financing may be on terms less favorable than those contained in the Folgers Credit Facility or the Refinancing, as the case may be.
Bank Letter means the letter from DNB Markets, a part of DNB ASA, in the agreed form confirming that certain shareholders of Investor Parent have committed, subject to paragraphs (i) and (ii) of the definition of the Escrow Payment Condition, to subscribe for (and pay for) sufficient shares in the capital of Investor Parent such that Investor Parent can procure that the Escrow Amount be paid into the Escrow Account pursuant to the terms of this Agreement and the Escrow Agreement.
Bank Letter means [ ].15