Benefited Bank definition

Benefited Bank as defined in Section 12.8.
Sample 1Sample 2Sample 3
Benefited Bank has the meaning set forth in Section 9.04.
Sample 1Sample 2Sample 3
Benefited Bank as defined in Section 10.9(b).
Sample 1

Examples of Benefited Bank in a sentence

  • If during any period of an Unmatured Event of Default or Event of Default, a Benefited Bank receives payment or other proceeds in connection with any other credit facility with ADESA or any Subsidiary, excluding AFC, such payment or proceeds shall be applied exclusively for the pro rata benefit of the Banks in connection with the Obligations hereunder prior to any application to such other credit facility.


More Definitions of Benefited Bank

Benefited Bank as defined in subsection 9.7(a).
Sample 1
Benefited Bank has the meaning set forth in Section 11.11(a).
Sample 1
Benefited Bank has the meaning set forth in Section 2.10 of the Credit Agreement.
Sample 1
Benefited Bank shall have the meaning given in Section 2.7(h) of the Agreement.
Sample 1
Benefited Bank shall have the meaning given to that term in subsection 10.9(a).
Sample 1
Benefited Bank shall have the meaning specified in Section 11.6.
Sample 1

Related to Benefited Bank

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • Lender has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line Lender.

  • Affected Creditor means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write down or conversion power pursuant to the use of the bail-in tool;

  • Committed Lender means, as to any Lender Group, each of the financial institutions listed on Schedule I as a “Committed Lender” for such Lender Group, together with its respective successors and permitted assigns.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Lender Group means, individually and collectively, each of the Lenders (including the Issuing Lender) and Agent.