Exiting Bank definition

Exiting Bank has the meaning specified in Section 12.24(a).
Exiting Bank means a Lender who declines to participate in making its Revolving Credit Commitment available on a Substitute Basis.
Exiting Bank means each Bank which hereby assigns its entire interest in the Existing Loan Agreements.

Examples of Exiting Bank in a sentence

  • In connection with any such sale, the relevant Borrowers shall compensate the Exiting Bank for any funding losses as provided in Section 2.13 and the Company shall pay to the Exiting Bank its facility fee accrued to but excluding the date of such sale.

  • On the Replacement Date, the Exiting Bank shall receive payment from the Borrower in full of the outstanding principal amount, together with accrued interest to such date and any other amount owed by the Borrower to such Exiting Bank pursuant to this Agreement or any Note, of the Loans of such Exiting Bank.

  • Each of the 364-Day Revolver Notes (other than the Exiting Bank Notes (as defined below)) is amended by changing the date at the top of such note to the date of the Third Amendment Effective Date.

  • The 364-Day Commitment of each Exiting Bank under the 364-Day Revolver is hereby terminated as of the Third Amendment Effective Date, and each Exiting Bank is hereby released from its obligations under the Second Amended Credit Agreement with respect to the 364-Day Revolver (but not with respect to the Multi-Year Revolver) as of the Third Amendment Effective Date.

  • Each of the 364-Day Revolver Notes (other than the Exiting Bank Notes (as defined below)) is amended by changing the date at the top of such note to the date of the Second Amendment Effective Date.


More Definitions of Exiting Bank

Exiting Bank shall have the meaning provided in Section 3.5(d).
Exiting Bank means National Australia Bank Limited.
Exiting Bank shall have the meaning ascribed thereto in Section 9.20.
Exiting Bank means a Person that is a “Bank” under and as defined in the Existing Revolving Credit Agreement but is not a party to this Agreement. “Extension Effective Date” has the meaning set forth in Section 2.10(b).
Exiting Bank means each lender under the Existing Loan Agreement which is not, as of the Closing Date, a Bank under this Agreement.
Exiting Bank has the meaning set forth in Section 11.30.
Exiting Bank means a Person that is a “Bank” under and as defined in the Existing Revolving Credit Agreement but is not a party to this Agreement.