Bank Notice definition

Bank Notice has the meaning set for in Section 3.1(b).
Bank Notice means a notice (a) from the Seller or WMECO to any Lock-Box Bank, in substantially the form of Exhibit C-1 or in such other form as is acceptable to the Agent, or (b) from the Purchaser to the bank at which the Collection Account is maintained, in substantially the form of Exhibit C-2 or in such other form as is acceptable to the Agent.
Bank Notice has the meaning set forth in the Receivables Purchase Agreement.

Examples of Bank Notice in a sentence

  • Within 45 days of receipt of the Investment Bank Notice, the Board of Directors shall appoint an investment banking firm to seek and report on candidates interested in entering into a Corporate Transaction, with a view toward maximizing stockholder value.

  • If Energy Spectrum elects to give the Company the Alternative Investment Bank Notice, the Company shall relinquish its rights under this Section 3.2, and the parties' rights under this Article 3 shall be governed by Section 3.3.

  • If the Company does not give Energy Spectrum the Company's response of its selection (the "Company Response") within the 45-day period described in this Section 3.2, Energy Spectrum may elect, in its sole discretion, to give the Company the Alternative Investment Bank Notice as set forth in Section 3.3(a).

  • If requested to do so following a Transition Event, the Seller shall instruct the Obligors to cause all Collections to be paid to a Lock-Box Bank for deposit into a Lock-Box Account and deliver a Bank Notice to such Lock-Box Bank.

  • Without limiting the foregoing, on or prior to the date of the initial purchase of a Percentage Interest hereunder, (i) the Seller shall cause to be established the Collection Account, in the name of the Purchaser, (ii) the Purchaser shall give a Bank Notice to the bank at which the Collection Account is maintained and (iii) the Seller shall cause such bank to execute such notice and return it to the Purchaser.

  • Promptly following the delivery of any Bank Notice (and in any event, within 60 minutes following any delivery thereof, provided that any delivery thereof shall occur by 5:00 p.m., New York City time), each Bank shall deposit in the designated account of the Administrative Agent in immediately available funds the proceeds of such Bank’s pro rata share of the requested Advance.

  • The Borrower shall give Bank Notice of the date and amount of any proposed prepayment pursuant to this Section 2.3 (y) no less than three (3) LIBOR Business Days prior to any such proposed prepayment of any LIBOR Rate Loans, and (z) no later than 10:00 a.m., New York time, on the date of any such prepayment of any Base Rate Loan.

  • In this notice, the term “insurance” means any insurance required by Bank Notice to BORROWER.

  • Notwithstanding anything herein to the contrary, we shall not make any payment pursuant to a Demand Notice received by us unless and until seven (7) business days have elapsed from our receipt of a Bank Notice from you specifying the payment amount to be demanded.

  • Upon receipt by us of a notice in the form of either Exhibit D-1 or Exhibit D-2 (each, a “Bank Notice”) stating that a payment is required (in the case of Exhibit D-1) or an event permitting the reduction or termination of this guarantee has occurred (in the case of Exhibit D-2), we shall, within one business day following receipt thereof, send by confirmed facsimile to each of you and Misys a copy of such Bank Notice to the addresses for you and Misys contained in Exhibit E hereto.


More Definitions of Bank Notice

Bank Notice means the notice of the existence of the Pledge and of the security interest created thereunder over the Collateral as referred to in paragraph 2.1(b), substantially in the form set out in Schedule A hereto.
Bank Notice means a letter substantially in the form of Exhibit VII hereto from Customer to Citibank F.S.B., Connecticut acknowledged and accepted by such Bank and each Lender.

Related to Bank Notice

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Participation Notice has the meaning set forth in Section 4.2;

  • Publication Notice means the summary notice of proposed Settlement and hearing for publication substantially in the form attached as Exhibit 3 to Exhibit A.

  • Offering Notice has the meaning set forth in Section 3.1(a).

  • Written Notice means a notice or communication in writing and shall be deemed to have been duly served if delivered in persons to the individual or to a member of the contractors firm or to an office of the company for whom it is intended, or if delivered at or sent by registered mail to the last business address known to him who gives the notice.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Funding Notice means a notice substantially in the form of Exhibit A-1.

  • Notice means notice in writing;

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Second Notice has the meaning set forth in Section 6.2(ii)(b) hereof.

  • Email Notice means the legal notice summarizing the proposed Settlement terms, as approved by Class Counsel, Facebook’s Counsel, and the Court, to be provided to Class Members (including Minor Subclass Members), under Section 3.3 of this Agreement via electronic mail or the Facebook domain of xxx.xxxxxxxx.xxx. The Email Notice must be substantially similar to the form attached hereto as Exhibit 3.

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit I.

  • Requisite Notice means a notice delivered in accordance with Section 10.02.

  • Warning Notice means a notice in writing by the Secretary of State to the Academy Trust requiring the Academy Trust to procure the admission of a sufficient number of pupils by such date as he deems appropriate in the circumstances and setting out the consequences of not procuring the admission of a sufficient number of pupils by the date specified in such Warning Notice. 91D) If at any time after signing this Agreement, the Parties agree that by virtue of low pupil numbers the Academy is not financially viable, then the Parties jointly may terminate this Agreement having agreed first the precise terms of termination.

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Addition Notice With respect to the transfer of Subsequent Mortgage Loans to the Trust Fund pursuant to Section 2.08, a notice of the Depositor's designation of the Subsequent Mortgage Loans to be sold to the Trust Fund and the aggregate principal balance of such Subsequent Mortgage Loans as of the Subsequent Cut-off Date. The Addition Notice shall be given not later than three Business Days prior to the related Subsequent Transfer Date and shall be substantially in the form attached hereto as Exhibit P.

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • CFIUS Notice means a joint voluntary notice with respect to the Transactions prepared by the parties hereto and submitted to CFIUS in accordance with the requirements of the CFIUS Statute.

  • Piggyback Notice has the meaning specified in Section 2.02(a).

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.