Designating Bank definition

Designating Bank means, with respect to each Designated Bank, the Bank that designated such Designated Bank pursuant to Section 9.07(a).

Designating Bank means, with respect to each Designated Lender, the Bank that designated such Designated Lender pursuant to Section 9.07(a).

Designating Bank has the meaning specified in Section 8.5(g).

Examples of Designating Bank in a sentence

• The Designating Bank for each Designated Lender agrees to indemnify, save, and hold harmless each other party hereto for any loss, cost, damage and expense arising out of its inability to institute any such proceeding against such Designated Lender.

• Each Designating Bank shall act as administrative agent for its Designated Lender and give and receive notices and other communications on its behalf.

• Each Designating Bank shall act as administrative agent for its Designated Bank and give and receive notices and other communications on its behalf.

• The Designating Bank for each Designated Bank agrees to indemnify, save, and hold harmless each other party hereto for any loss, cost, damage and expense arising out of its inability to institute any such proceeding against such Designated Bank.

• Any such notice, communication, vote, approval, waiver, consent or amendment shall be signed by the Designating Bank for the SPC and need not be signed by such SPC on its own behalf.

More Definitions of Designating Bank

Designating Bank means each Bank that is identified as such on the signature pages hereto next to the caption "Designating Bank" and immediately above the signature of its Designated Bank as well as each Bank that shall designate a Designated Bank pursuant to Section 9.08(g).

Designating Bank means a Bank that has entered into a Designation Agreement ---------------- with a Designated Bid Lender pursuant to Section 11.5.

Designating Bank shall have the meaning provided in Section 13.14.

Designating Bank has the meaning specified in Section 8.06(d).

Designating Bank means, with respect to each Designated Entity, the Bank that designated such Designated Entity pursuant to Section 9.07(a). "Domestic Business Day" means any day except a Saturday, Sunday or other day on which commercial banks in New York City are authorized by law to close. "Domestic Lending Office" means, as to each Bank, its office located at its address set forth in its Administrative Questionnaire (or identified in its Administrative Questionnaire as its Domestic Lending Office) or such other office as such Bank may hereafter designate as its Domestic Lending Office by notice to the Borrower and the Agent; provided that any Bank may so designate separate Domestic Lending Offices for its Base Rate Loans, on the one hand, and its CD Loans, on the other hand, in which case all references herein to the Domestic Lending Office of such Bank shall be deemed to refer to either or both of such offices, as the context may require. "Domestic Loans" means CD Loans or Base Rate Loans or both. "Domestic Reserve Percentage" has the meaning set forth in Section 2.07(b). "Effective Date" means the date this Agreement becomes effective in accordance with Section 3.01. "Eligible Designee" means a special purpose corporation that (i) is organized under the laws of the United States or any state thereof, (ii) is engaged in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and (iii) issues (or the parent of which issues)commercial paper rated at least A-1 or the equivalent thereof by S&P or at least P-1 or the equivalent thereof by Moxxx'x..

Designating Bank has the meanixx xxxxxxxxd in Section 8.6(g).

Designating Bank has the meaning set forth in Section 2.03(h).