C Banks definition

C Banks shall have the meaning provided in Section 4.02(C).
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C Banks means the Original C Banks and any assignee or transferee to whom rights and/or obligations are assigned, transferred or novated in respect of the C Facility in accordance with the A/C Facilities Agreement;
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Examples of C Banks in a sentence

  • Promptly following receipt of a notice of borrowing by way of Bankers' Acceptances, the Canadian Administrative Agent shall so advise the C$ Banks and shall advise each C$ Bank of the face amount of each Bankers' Acceptance to be accepted by it and the term thereof.

  • Any Bankers' Acceptance borrowed pursuant to the preceding sentence shall yield an Acceptance Fee at a rate equal to the respective Acceptance Fee rates then applicable to the Bankers' Acceptances of the other C$ Banks having comparable maturities.

  • In addition, for so long as any amounts are owed to any Part C Bank with respect to any Part C Loan, any amounts otherwise owing by a Part B Bank pursuant to this Agreement or any other Credit Document shall be paid on a pro rata basis to the Part C Banks until all amounts with respect to outstanding Part C Loans have been repaid.

  • Notwithstanding anything to the contrary contained in this Agreement, in no event may C$ R/C Loans or Bankers' Acceptances be borrowed or issued under this Section 3.1 if, after giving effect thereto and the application of the proceeds thereof, the Aggregate Canadian Extensions of Credit of any C$ Bank then outstanding would exceed such C$ Bank's Canadian Commitment.

  • Upon any change in the Tranche C Commitments or Adjusted Tranche C Percentages of the Banks pursuant to Section 12.04(b) or upon a Bank Default, it is hereby agreed that, with respect to all outstanding Tranche C Letters of Credit and Unpaid Drawings thereon, there shall be an automatic adjustment to the participations pursuant to this Section 2.04 to reflect the new Adjusted Tranche C Percentages of the assigning and assignee Bank or of all Tranche C Banks, as the case may be.

  • Each borrowing of C$ R/C Loans shall be made pro rata according to the then existing Canadian Commitments of the C$ Banks.

  • Each reallocation pursuant to this Section 12.10(c) shall be subject to the prior written consent of the affected US$ Bank and C$ Bank, provided, that each C$ Bank and its Related US$ Bank confirm that, as of the date hereof, such C$ Bank and its Related US$ Bank are willing to consider any reallocation of such Related US$ Bank's U.S. Commitment to such C$ Bank's Canadian Commitment which does not increase such C$ Bank's Canadian Commitment above its Initial Offered Canadian Commitment Amount.

  • Lewis, H.*, Abshire, C.*, Banks, K.*, Jaderholm, C.*, Jaramillo, J.*, & Kothari, B.

  • BorrowingsBanks borrows from other Commercial Banks, C Banks and other Financial Institutions to carry out their business in the state of lack of business funds.

  • Each reallocation pursuant to this subsection 13.9(c) shall be subject to the prior written consent of the affected US$ Bank and C$ Bank, provided, that each C$ Bank and its Related US$ Bank confirm that, as of the date hereof, such C$ Bank and its Related US$ Bank are willing to consider any reallocation of such Related US$ Bank's U.S. Commitment to such C$ Bank's Canadian Commitment which does not increase such C$ Bank's Canadian Commitment above its Initial Offered Canadian Commitment Amount.

Related to C Banks

  • Existing Banks means each Person which was a Bank under, and as defined in, the Existing Credit Agreement.

  • Banks shall include the Agent in its individual capacity.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Purchasing Banks as defined in subsection 10.5(d).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Managing Agents as defined in the preamble hereto.

  • L/C Issuers means (i) Bank of America, (ii) any other Lender in its capacity as issuer of Letters of Credit hereunder who has been selected by GFI and who has agreed to be an L/C Issuer hereunder in accordance with the terms hereof and (iii) any successor issuer of Letters of Credit hereunder appointed in accordance with the terms hereof, and “L/C Issuer” means any one of them.

  • DIP Lenders has the meaning assigned to such term in Section 2.05(b).

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Syndication Agents as defined in the preamble hereto.

  • Issuing Banks means (a) with respect to the Letter of Credit A Facility, each Initial Issuing Bank that has a Letter of Credit A Commitment set forth opposite its name on Schedule I hereto and any other Working Capital A Lender approved as an Issuing Bank by the Agent and, so long as no Default shall have occurred and be continuing, by Crompton Corp. (such approval not to be unreasonably withheld or delayed) and each Eligible Assignee to which a Letter of Credit A Commitment hereunder has been assigned pursuant to Section 8.07 and (b) with respect to the Letter of Credit B-1 Facility, each Initial Issuing Bank that has a Letter of Credit B-1 Commitment set forth opposite its name on Schedule I hereto and any other Working Capital B-1 Lender approved as an Issuing Bank by the Agent and, so long as no Default shall have occurred and be continuing, by Crompton Corp. (such approval not to be unreasonably withheld or delayed) and each Eligible Assignee to which a Letter of Credit B-1 Commitment hereunder has been assigned pursuant to Section 8.07 so long as, in each case, each such Lender or Eligible Assignee expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as an Issuing Bank and notifies the Agent of its Applicable Lending Office and the amount of its Letter of Credit Commitment (which information shall be recorded by the Agent in the Register).

  • Initial Issuing Banks has the meaning specified in the recital of parties to this Agreement.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Required Banks means at any time Banks having more than 50% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing more than 50% of the aggregate unpaid principal amount of the Loans.

  • Original Lenders shall have the meaning assigned to such term in the recitals.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Supermajority Banks means Banks having more than 75% of the sum of the Aggregate Commitments or, after the Revolving Credit Termination Date, more than 75% of the aggregate Revolving Loans outstanding (including funded participating interests in Swingline Loans).

  • CMS Reference Banks means (i) where the Reference Currency is Euro, the principal office of five leading swap dealers in the inter-bank market, (ii) where the Reference Currency is Sterling, the principal London office of five leading swap dealers in the London inter-bank market, (iii) where the Reference Currency is United States dollars, the principal New York City office of five leading swap dealers in the New York City inter-bank market, or (iv) in the case of any other Reference Currency, the principal Relevant Financial Centre office of five leading swap dealers in the Relevant Financial Centre inter-bank market, in each case selected by the Calculation Agent.

  • Participating Banks means such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • Euro-Dollar Reference Banks means the principal London offices of Xxxxxx Guaranty Trust Company of New York, Bank of America, N.A., The Bank of New York, The Bank of Nova Scotia and Citicorp USA, Inc.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • Bank of America means Bank of America, N.A. and its successors.