Enhancement Bank definition

Enhancement Bank means any Person providing credit support to a Purchaser for such Purchaser’s account, including pursuant to an unfunded commitment.
Enhancement Bank means and includes SG, as lender to Bartxx xxx as issuer of a letter of credit for Bartxx'x xxxount, under the Enhancement Agreement, and any other or additional bank or other financial institution now or hereafter extending credit or having a commitment to extend credit to or for the account of Bartxx xxxer the Enhancement Agreement.
Enhancement Bank means and includes DBNY as lender to the Transferee ---------------- and issuer of a letter of credit for the Transferee's account under the Enhancement Agreement, and any other or additional bank or other financial institution now or hereafter extending credit or having a commitment to extend credit to or for the account of the Transferee under the Enhancement Agreement.

Examples of Enhancement Bank in a sentence

  • Each Timber Note shall be secured by a standby letter of credit issued by a Credit Enhancement Bank in an amount not less than the aggregate principal amount of such Timber Note and for a term which exceeds the maturity of such Timber Note by at least 95 days.

  • OUR GENERAL POSSIBILITIES AND PROCEDURESISO 15022 Provision of a Project, Commercial, Balance sheet and Credit Enhancement Bank Instrument, is assigned in personal or corporate name of the Applicant, as specified and agreed by Contract/Agreement.The Bank Instrument is made available as Enhancement Instrument only.

  • Parent shall not transfer or otherwise dispose of its interest in any of Buyers or commit to do so, (i) to a Credit Enhancement Bank or any Affiliate thereof, at any time or (ii) to any other Person, until a period of one year has elapsed from the Closing Date.

  • The parties hereto hereby acknowledge that each Conduit Lender may transfer all or any portion of its respective Loans to their related Enhancement Bank and Liquidity Bank(s).

  • Upon any such transfer any such Enhancement Bank or any such Liquidity Bank shall be deemed to be the "Lender" of such transferred Loan for all purposes hereof.

  • Without limiting the foregoing, the Seller acknowledges and agrees that the fees and other amounts payable by the Seller to the Purchasers and the Agent have been negotiated on the basis that the unused portion of the Commitment of each Liquidity Bank is treated as a “short term commitment” for which there is no regulatory capital requirement and the Commitment of each Enhancement Bank carries the same capital requirement as a funded Purchase in the same amount.

  • The Letter(s) of Credit securing the Timber Notes issued by Purchaser Subsidiary in respect of the Installment Note Purchase Price shall have been delivered to Seller by one or more Credit Enhancement Banks in such maximum aggregate amounts per Credit Enhancement Bank as is satisfactory to Seller and on terms and conditions that are consistent with the Timber Note indicative terms attached as Exhibit K.

  • ENHANCEMENT FACILITY Waratah has entered into an Enhancement Agreement with Westpac (in such capacity the "Enhancement Bank") pursuant to which Westpac has agreed to provide a committed loan facility (the "Enhancement Commitment").

  • Buyers and Seller shall consult in good faith and cooperate in determining the maximum aggregate amounts of Letters of Credit per Credit Enhancement Bank and otherwise with respect to the terms of the Letter of Credit documentation.

  • The technological level of many Ukrainian enterprises is the highest by world standards.


More Definitions of Enhancement Bank

Enhancement Bank means and includes SG, as lender to Barton and as issuer of a letter of credit for Barton's account, under the Enhancement Agreement, and any other or additional bank or other financial institution now or hereafter extending credit or having a commitment to extend credit to or for the account of Barton under the Enhancement Agreement.
Enhancement Bank means and includes Societe Generale, as lender to Xxxxxx and as issuer of a letter of credit for Xxxxxx'x account, under the Enhancement Agreement, and any other or additional bank or other financial institution now or hereafter extending credit or having a commitment to extend credit to or for the account of Xxxxxx under the Enhancement Agreement.
Enhancement Bank means any Person providing credit support to a Purchaser for such Purchaser's account under an Enhancement Agreement, including pursuant to an unfunded commitment.
Enhancement Bank means, for Windmill, ABN AMRO; provided, however, to the extent the Enhancement Bank is no longer party to the Windmill Transfer Agreement all references herein to the Enhancement Bank (with respect to Windmill) shall be of no further force and effect.

Related to Enhancement Bank

  • Enhancement Provider means the Person providing any Enhancement as designated in the applicable Series Supplement.

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • Enhancement Agreement means any agreement, instrument or document governing the terms of any Series Enhancement or pursuant to which any Series Enhancement is issued or outstanding.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Investment Bank means each of those reputable internationally recognised investment banks, selected from time to time as First Choice Investment Banks or as a Third Investment Bank in terms of Section 1.4 or Section 1.5 of the Subscription Agreement (as the case may be), whose Mandate Letters remain effective.

  • Credit Enhancement Provider means, with respect to any Securities, any person issuing, funding or otherwise making available, for the benefit of Securityholders or any party to a Serviced Corporate Trust Contract, an asset as an enhancement of the credit quality or liquidity of any Securities or the mortgage assets or other assets pledged for or underlying such Securities, such as a letter of credit, surety bond, insurance policy, guaranty, reserve fund pledge or collateral undertaking.

  • Enhancement means, with respect to any Series of Notes, the rights and benefits provided to the Noteholders of such Series of Notes pursuant to any letter of credit, surety bond, cash collateral account, overcollateralization, issuance of subordinated Notes, spread account, guaranteed rate agreement, maturity guaranty facility, tax protection agreement, interest rate swap or any other similar arrangement.

  • Treasury Management Bank means (a) any Person that is a Lender or an Affiliate of a Lender at the time that it becomes a party to a Treasury Management Agreement with any Loan Party and (b) any Lender or Affiliate of a Lender that is a party to a Treasury Management Agreement with any Loan Party in existence on the Closing Date.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Derivative Counterparty means any party to any Derivative Agreement other than the Issuer or the Indenture Trustee.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Credit Enhancement Agreement means the Agreement among the Sellers, the Master Servicer, the Trustee and the Credit Enhancement Provider with respect to the Credit Enhancement.

  • Credit Enhancement means, with respect to this Confirmation or any other Relevant Agreement, any credit enhancement or other credit support arrangement in support of the obligations of Dealer or Counterparty hereunder or thereunder or with respect hereto or thereto, including any guarantee or collateral arrangement (including any pledge, charge, mortgage or other security interest in collateral or title transfer arrangement), trust or similar arrangement, letter of credit, transfer of margin or any similar arrangement.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Company, any of its Restricted Subsidiaries, or any Receivables Entity for the purpose of providing credit support for one or more Receivables Entities or any of their respective securities, debt instruments, obligations or other Indebtedness.

  • Swap Counterparty means Lender or an Affiliate of Lender, in its capacity as counterparty under any Swap Contract.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Hedge Bank means any Person that, at the time it enters into a Secured Hedge Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Secured Hedge Agreement.

  • Series Enhancement means the rights and benefits provided to the Trust or the Investor Certificateholders of any Series or Class pursuant to any letter of credit, surety bond, insurance policy, cash collateral guaranty, subordinated interest in the Trust Assets, cash collateral account, collateral interest, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate swap agreement, interest rate cap agreement or other similar arrangement. The subordination of any Series or Class to another Series or Class shall be deemed to be a Series Enhancement.

  • Enhancements means the corrections, updates, upgrades or new versions of the Software or Documentation that Licensor may provide to Licensee under this Agreement.

  • Credit Enhancements means surety bonds, insurance policies, letters of credit, guarantees and other

  • Cap Provider means the third-party financial institution approved by Lender that is the counterparty under any Cap Agreement or Replacement Cap Agreement.

  • Replacement Provider has the meaning set forth in Section II.D.1.

  • central counterparty means a CCP as defined in point (1) of Article 2 of Regulation (EU) No 648/2012;

  • Swap Provider means any Person that, at the time it enters into a Swap Agreement is a Lender or an Affiliate of a Lender, in its capacity as a party to such Swap Agreement.

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Cap Counterparty Not applicable.