Farm Credit banks definition

Farm Credit banks means one or more Farm Credit Banks, agricultural credit banks, and banks for coopera- tives.
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Farm Credit banks means one ormore Farm Credit Banks, agricultural credit banks, and banks forcooperatives.
Sample 1Sample 2

Examples of Farm Credit banks in a sentence

  • After consulting with the other Farm Credit banks, the Funding Corporation, and the FCSIC, you must pay or make adequate provision for payment of your primary liability on consolidated or System-wide obligations in a method that we deem acceptable.

  • If your institution is a ter- minating bank, within 10 days of adopting the commencement resolu- tion, your bank and the other Farm Credit banks must begin negotiations to provide for your satisfaction of li- abilities (other than your primary li- ability) under section 4.4 of the Act.

  • If your institution is a bank, also send a copy to your affiliated associations, the other Farm Credit banks, and the Fed- eral Farm Credit Banks Funding Cor- poration (Funding Corporation).

  • Before we make a final decision on your proposal and as we deem necessary, we may con- sult with the other Farm Credit banks, the Funding Corporation, and the FCSIC.(c) Satisfaction of joint and several li- ability and liability for interest on indi- vidual obligations.

  • Before we make a final decision on your proposal and as we deem necessary, we may con- sult with the other Farm Credit banks, the Funding Corporation, and the FCSIC.

  • The authority of Farm Credit banks and associations oper- ating under section 1.7(a) of the Act to finance eligible farm-related service businesses under paragraphs (b)(1) and (b)(2) of this section is limited to nec- essary capital structures, equipment, and initial working capital.[62 FR 4441, Jan.

  • State that information on the compensation of directors and senior officers of Farm Credit banks is con- tained in each bank’s annual report to shareholders and that the annual re- port of each bank is available to inves- tors upon request pursuant to § 630.3(g).

  • The Farm Credit banks must in- clude a report on consolidated YBS lending data of their affiliated associa- tions.

  • The Farm Credit banks may borrow from other financial institutions, such as insurance companies, Federal agen- cies, or Federal reserve banks.[37 FR 11434, June 7, 1972, as amended at 54FR 1151, Jan.

  • If your institution is a bank, also send a copy to your affiliated associations, the other Farm Credit banks, and the Fed- eral Farm Credit Banks Funding Cor- poration (Funding Corporation).(b) Advance notice.

Related to Farm Credit banks

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Banks shall include the Agent in its individual capacity.

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

  • CoBank means CoBank, ACB.

  • Deposit Bank has the meaning set forth in Section 7.1.

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

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

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Credit Facility Agent means that certain agent, in its capacity as arranger and administrative agent under the Credit Agreement or any replacement or successor agent under the Credit Agreement.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • New Credit Facility is defined in Section 9.8.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • DIP Lender means a lender under the DIP Facility.

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Canadian Loan Parties means the Canadian Borrower and the Canadian Guarantors.

  • Credit Agreement Secured Parties means the “Secured Parties” as defined in the Credit Agreement.

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

  • HSBC means HSBC Bank USA, National Association.

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • Letter of Credit Accommodations means, collectively, the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Agent or any Lender for the account of any Borrower or Obligor or (b) with respect to which Agent or Lenders have agreed to indemnify the issuer or guaranteed to the issuer the performance by any Borrower or Obligor of its obligations to such issuer; sometimes being referred to herein individually as "Letter of Credit Accommodation".

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.