Bank Transferee definition

Bank Transferee has the meaning set forth in Section 8.06 hereof.
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Bank Transferee has the meaning given to that term in sub-clause 23.4.2 of Clause 23.4 (Transfers by Banks).
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Bank Transferee has the meaning given to that term in Clause 21.4.2.
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Examples of Bank Transferee in a sentence

  • In connection with any transfer pursuant to this clause (b), the applicable Bank Transferee shall provide the District with an investor letter in the same form and substance as the investor letter delivered by the Bank to the District on the Closing Date.

  • No Bank Transferee shall be entitled to receive any greater payment under Sections 2.16 and 2.17 hereof than the Bank would have been entitled to receive with respect to the rights and obligations hereunder transferred.


More Definitions of Bank Transferee

Bank Transferee shall have the meaning assigned to such term in Section 11.08(c).
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Bank Transferee means and include (a) each Person (an "INITIAL BANK TRANSFEREE") who acquired any equity security issued by the Company from any person or entity referenced in any of clauses (w), (x) or (y) above and (b) each Person who acquires the relevant (or any successor) shares, directly or indirectly, from any Initial Bank Transferee or any subsequent transferee. The provisions of this Section 5.20 may not be amended, supplemented or otherwise modified without the consent of the Bank of Scotland and (if different) the Agent.
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Bank Transferee means a bank or other financial institution to which a Bank seeks to transfer all or part of such Bank’s rights, benefits and obligations under this Agreement; “CNR” means the Centre for Non-Residents of the Inland Revenue in the United Kingdom; “Certain Funds Period” means the period beginning on the date hereof and ending on the earliest of:
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Bank Transferee has the meaning specified in Section 2.10(a) of the MLB Credit Agreement.
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Bank Transferee has the meaning attributed thereto in Clause 19.
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Bank Transferee has the meaning attributed thereto in Clause 19.
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Related to Bank Transferee

  • Transferee Any Person who is acquiring by Transfer any Ownership Interest in a Certificate.

  • Approved Transferee means (a) a “qualified institutional buyer” (“QIB”) as defined in Rule 144A promulgated under the Securities Act that is a financial institution or commercial bank having capital and surplus of $5,000,000,000 or more, (b) an affiliate of the Funding Lender, or (c) a trust or custodial arrangement established by the Funding Lender or one of its affiliates the beneficial interests in which will be owned only by QIBs.

  • Permitted Transferee Any Transferee of a Residual Certificate other than a Disqualified Organization or Non-United States Person.

  • Assignee as defined in Section 10.6(b).

  • Prospective Transferee means any person to whom a Key Holder proposes to make a Proposed Key Holder Transfer.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Subsequent Transferee has the meaning set forth in Section 4.06(b).

  • Qualified Assignee means (a) any Lender, any Affiliate of any Lender and, with respect to any Lender that is an investment fund that invests in commercial loans, any other investment fund that invests in commercial loans and that is managed or advised by the same investment advisor as such Lender or by an Affiliate of such investment advisor, and (b) any commercial bank, savings and loan association or savings bank or any other entity which is an "accredited investor" (as defined in Regulation D under the Securities Act) which extends credit or buys loans as one of its businesses, including insurance companies, mutual funds, lease financing companies and commercial finance companies, in each case, which has a rating of BBB or higher from S&P and a rating of Baa2 or higher from Xxxxx'x at the date that it becomes a Lender and which, through its applicable lending office, is capable of lending to Borrower without the imposition of any withholding or similar taxes; provided that no Person determined by Agent to be acting in the capacity of a vulture fund or distressed debt purchaser shall be a Qualified Assignee and no Person or Affiliate of such Person (other than a Person that is already a Lender) holding Subordinated Debt or Stock issued by any Credit Party shall be a Qualified Assignee.

  • Eligible Transferee means and include a commercial bank, financial institution or other "accredited investor" (as defined in Regulation D of the Securities Act).

  • Licensed financial institution means a financial institution issued a license under this act.

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • recognised institution means an institution of higher learning recognised by the University;

  • Covered institution means, on and after the Effective Date of its initial Management Agreement, a public institution of higher education of the Commonwealth of Virginia that has entered into a management agreement with the Commonwealth to be governed by the provisions of Subchapter 3 of the Act.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Successor in Interest means any (i) shareholder of; (ii) trustee, custodian, receiver or other person acting in any Bankruptcy or reorganization proceeding with respect to; (iii) assignee for the benefit of the creditors of; (iv) officer, director or partner of; (v) trustee or receiver, or former officer, director or partner, or other fiduciary acting for or with respect to the dissolution, liquidation or termination of; or (vi) other executor, administrator, committee, legal representative or other successor or assign of, any Partner, whether by operation of law or otherwise.