Banking Relationship definition

Banking Relationship means obligations of the Borrower relating to or arising out of (i) checking and operating account relationships among the Borrower and any Lender (or any Affiliate of a Lender) in the ordinary course of business and (ii) Interest Rate Protection Agreements.
Sample 1Sample 2
Banking Relationship means (a) checking and operating account relationships between any Obligor and any Lender (or any Affiliate of a Lender) and (b) Hedge Agreements between any Obligor and any Lender (or any Affiliate of a Lender).
Sample 1Sample 2Sample 3
Banking Relationship. The Loan Parties shall be required to establish and maintain their primary domestic, operating and investment accounts with Xxxxx Fargo Bank.
Sample 1Sample 2Sample 3

Examples of Banking Relationship in a sentence

  • Banking Relationship: Primary (100.0%) banking relationship with C3bank required.

  • Monthly, within 30 days YES NO IP Report Quarterly, within 30 days YES NO A/R Audit Initial and Semi-Annual YES NO Annual (CPA Audited) FYE within 180 days YES NO 10K and 10Q (as applicable) YES NO Annual Financial Projections November 30 of each year YES NO Banking Relationship Please Banking Relationship below and circle YES or NO under the COMPLIES column.

  • Secured Parties - Agent, Lenders, Fleet as the procurer of Letters of Credit, Fleet as the provider of Settlement Loans, and Bank as the issuer of Letters of Credit or as the obligee with respect to any Banking Relationship Debt.

  • In addition, each Bank Product Provider, by virtue of entering into a Bank Product Agreement, shall be automatically deemed to have agreed that Agent shall have the right, but shall have no obligation, to establish, maintain, relax, or release reserves in respect of Banking Relationship Debt and that if reserves are established there is no obligation on the part of Agent to determine or insure whether the amount of any such reserve is appropriate or not.

  • Banking Relationship Debt - Debt or other obligations of an Obligor to any Lender or any Affiliate of a Lender arising out of or relating to Bank Products.

  • Notwithstanding any other provision of this Article VIII to the contrary, Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations consisting of Banking Relationship Debt.

  • AFFIRMATIVE COVENANTS 27 Section 6.1 Maintenance of Business 27 Section 6.2 Maintenance of Properties 28 Section 6.3 Taxes and Assessments 28 Section 6.4 Insurance 28 Section 6.5 Financial Reports 29 Section 6.6 Inspection 30 Section 6.7 ERISA 30 Section 6.8 Compliance with Laws 30 Section 6.9 Compliance with OFAC Sanctions Programs 31 Section 6.10 Formation of Subsidiaries 32 Section 6.13 Banking Relationship 33 SECTION 7.

  • Banking Relationship Debt — Debt or other liabilities or obligations of an Obligor to Lender or Pre-Petition Lender (or any Affiliate of either of them) arising out of or relating to Bank Products.

  • We have reached an agreement with the largest creditor and the arrest was subsequently lifted for this specific amount.

  • Before the current position he worked as Manager Corporate Banking, Corporate Banking Relationship Manager and as Project Officer within CRDB Bank.


More Definitions of Banking Relationship

Banking Relationship. Borrower shall move one hundred percent (100.0%) of its primary banking relationship with Xxxxxx. Borrower shall maintain its primary demand deposit account (the account into which substantially all of Borrower’s receipts from operations are deposited and from which substantially all of Borrower’s disbursements are made) with Lender. Unless otherwise approved by Lender (which approval Lender shall not unreasonably withhold, condition or delay), Borrower and its subsidiaries shall maintain their primary demand deposit account relationship with Lender, which shall include but not be limited to accounts of Heritage Global Partners Inc., a California corporation, Heritage Global LLC, a Delaware limited liability company, Heritage ALT LLC, formerly known as Equity Partners HG LLC, a Delaware limited liability company, and Heritage Global Capital LLC, a Delaware limited liability company. ______ INITIAL [BORROWER HAS READ AND UNDERSTOOD EACH ADDITIONAL REQUIREMENT]
Sample 1Sample 2
Banking Relationship. Borrower shall move one hundred percent (100.0%) of its primary banking relationship with Xxxxxx. Borrower shall maintain its primary demand deposit account (the account into which substantially all of Borrower’s receipts from operations are deposited and from which substantially all of Borrower’s disbursements are made) with Lender. Unless otherwise approved by Lender (which approval Lender shall not unreasonably withhold, condition or delay), Borrower and its subsidiaries shall maintain their primary demand deposit account relationship with Lender, which shall include but not be limited to accounts of Heritage Global Partners Inc., a California corporation, Heritage Global LLC, a Delaware limited liability company, Heritage ALT LLC, formerly known as Equity Partners HG LLC, a Delaware limited liability company, and Heritage Global Capital LLC, a Delaware limited liability company.
Sample 1Sample 2
Banking Relationship means obligations of any Borrower relating to or arising out of (i) checking and operating account relationships among any Borrower and any Lender (or any Affiliate of a Lender) in the ordinary course of business and (ii) Interest Rate Protection Agreements. BASE RATE shall mean the interest rate per annum announced from time to time by the Collateral Agent at its Principal Office as its then prime rate, which rate may not be the lowest rate then being charged commercial borrowers by the Collateral Agent .
Sample 1
Banking Relationship. Principal operating accounts and banking activities of Borrower to be maintained with Bank. Identix Incorporated By /s/ Randxxx X. Xxxxxx XXX _______________________________________ (Authorized Signature and Title)
Sample 1
Banking Relationship means obligations of the Borrower relating to MasterCard charges (not to exceed $200,000 of outstanding charges) and checking and operating account charges incurred by the Borrower to NationsBank in the ordinary course of business.
Sample 1

Related to Banking Relationship

  • Familial relationship means a person who is a spouse, domestic partner or civil union partner of a County employee or State, County or municipal official, or any person who is related to such an employee or official, whether by blood, marriage or adoption, as a: ParentChild Brother Sister Aunt UncleNiece NephewGrandparentGrandchild Father-in-law Mother-in-law Son-in-lawDaughter-in-lawBrother-in-law Sister-in-lawStepfatherStepmother StepsonStepdaughter Stepbrother Stepsister Half-brotherHalf-sister COOK COUNTY BOARD OF ETHICS FAMILIAL RELATIONSHIP DISCLOSURE FORM

  • Relationship means any interest, service, employment, gift, or other benefit or relationship with an entity that would be prohibited by Title 5, Subtitle 5 of the State's Public Ethics Law if not disclosed and approved pursuant to this Policy and procedures adopted pursuant to it. "Relationship" includes any relationship of the spouse or other relative of an officer or employee if such relationship creates restrictions on the officer or employee under the conflict of interest provisions of the Ethics Law.

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Significant relationship means a situation in which the actor is: (1) the complainant's parent, stepparent, or guardian; (2) any of the following persons related to the complainant by blood, marriage, or adoption: brother, sister, stepbrother, stepsister, first cousin, aunt, uncle, nephew, niece, grandparent,great-grandparent, great-uncle, great-aunt; or (3) an adult who jointly resides intermittently or regularly in the same dwelling as the complainant and who is not the complainant's spouse. Minn. Stat. § 609.341(15).At what age is a person able to consent?18 years old. Idaho Statutes §§ 18-6101. At what age is a person able to consent?17 years old. 720 ILCS 5/11-1.60. However, if the actor is 17 years of age or older and holds a position of trust, authority, or supervision in relation to the victim, then the age of consent is 18 years old. At what age is a person able to consent?16 years old. IC §§ 35-42-4-9. At what age is a person able to consent?16 years old. I.C.A. § 709.4. At what age is a person able to consent?16 years old. K.S.A. 21-5506; 5507*.*Note: KSA 21-5507 was held to violate the equal protection provisions of the Fourteenth Amendment to the United States Constitution and§ 1 of the Kansas Constitution Bill of Rights to the extent that it results in a punishment for unlawful voluntary sexual conduct between members of the opposite sex that is less harsh than the punishment for the same conduct between members of the same sex. The court struck the phrase “and are members of the opposite sex” from the statute. State v. Limon, 280 Kan. 275, 276, 122 P.3d 22, 24 (2005). Proposed legislation would remedy this. See 2019 KS H.B. 2270 (NS). At what age is a person able to consent?18 years old.A person is deemed incapable of consent when he or she is: less than sixteen (16) years old; orsixteen (16) or seventeen (17) years old and the actor at least ten (10) years older than victim at the time of the sexual act.KRS § 510.020. At what age is a person able to consent?16 years old. Connecticut General Statutes Annotated §§ 53a-71. At what age is a person able to consent?16 years old, if the defendant is more than 4 years older, otherwise 18 years old. 11 Delaware Code §§ 761; 762; 765; 770; 771; 778.If the victim is at least 12 years old and the defendant is no more than 4 years older than the victim, it is an affirmative defense if the victim consented to the act “knowingly”. At what age is a person able to consent?16 years old. D.C. Code § 22-3001(3). At what age is a person able to consent?18 years old. Florida Statutes §§ 794.011; 794.05. At what age is a person able to consent?16 years old. Georgia Code § 16-6-3(a).

  • Direct relationship means that the nature of criminal conduct for which the person was convicted has a direct bearing on his fitness or ability to perform one or more of the duties or responsibilities necessarily related to the license, opportunity, or job in question.

  • material relationship means one actually known of a personal, familial or business nature between the Broker and affiliated licensees and a client which would impair their ability to exercise fair judgment relative to another client.

  • Service Relationship means any relationship as a full-time employee, part-time employee, director or other key person (including Consultants) of the Company or any Subsidiary or any successor entity (e.g., a Service Relationship shall be deemed to continue without interruption in the event an individual’s status changes from full-time employee to part-time employee or Consultant).

  • Control Relationship means the power to exercise a controlling influence over the management or policies of a Company, unless such power is solely the result of an official position. Any person who owns beneficially, either directly or through one or more controlled companies, more than 25 per centum of the voting Securities of a Company shall be presumed to control such Company. Any person who does not so own more than 25 per centum of the voting Securities of any Company shall be presumed not to control such Company.

  • Business relationship means a connection between two or more parties based on commercial activity of one of the parties. The term does not include a connection based on: (A) a transaction that is subject to rate or fee regulation by a federal, state, or local governmental entity or an agency of a federal, state, or local governmental entity; (B) a transaction conducted at a price and subject to terms available to the public; or (C) a purchase or lease of goods or services from a person that is chartered by a state or federal agency and that is subject to regular examination by, and reporting to, that agency. Texas Local Government Code 176.001(3).

  • Established business relationship means a relationship between a seller and a consumer based on:

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Relationship Agreement means the relationship agreement between certain members of the Brookfield Group, the Partnership, BRELP, the Holding Entities and others;

  • Championship means the FIA Formula One World Championship, which includes both the Constructors' Championship and the Drivers' Championship.