Fleet Bank definition

Fleet Bank means Fleet National Bank.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Fleet Bank means Fleet National Bank, a national banking association.

Fleet Bank means Fleet Bank, N.A.

Examples of Fleet Bank in a sentence

• The purchase price (the "Purchase Price") of the Transferred Assets shall be as set forth on Schedule B hereto and shall be payable in full in cash --------- at the Closing by wire or other transfer of immediately available funds to Seller's account as follows: Fleet Bank, N.A. New York, NY ABA no.

• The Company will use its best efforts to obtain the consent of Fleet Bank of Massachusetts, N.A. referred to in Section 5.12 of the Disclosure Letter, within 10 days after the date hereof.

• Such consent as may be required by PSINet's bank lender, Fleet Bank of Massachusetts, N.A. ("Fleet").

• Evidencing an undivided interest in a trust, the corpus of which consists of receivables generated from time to time in the ordinary course of business in a portfolio of revolving consumer credit card accounts owned by Fleet Bank (RI), National Association (the "Bank") as successor in interest to Advanta National Bank (formerly known as Advanta National Bank USA and prior to that known as Colonial National Bank USA and successor in interest to the former Advanta National Bank) or any Additional Seller.

• If the corporation shall default in payment of the redemption price, interest shall accrue thereon from the date of default at the base or prime rate of the corporation’s principal lending bank or if none, the base or prime rate of Fleet Bank or its successor, as in effect from time to time during the period of default.

More Definitions of Fleet Bank

Fleet Bank means Fleet National Bank, a national banking association organized under the laws of the United States of America, f/k/a BankBoston, N.A., f/k/a The First National Bank of Boston, in its capacity as a Lender hereunder, and its successors and permitted assigns in such capacity.

Fleet Bank means Fleet Capital Corporation, a Rhode Island corporation (as assignee of Fleet National Bank, successor to Fleet Bank N.A.), in its individual capacity, and its successors.

Fleet Bank means Fleet Capital Corporation, a Rhode Island corporation. ----------

Fleet Bank means Fleet Bank, N.A. (formerly known as NatWest Bank N.A.), in its individual capacity, and its successors. "GAAP" shall mean generally accepted accounting principles in the United States of America as in effect on the date of this Agreement consistently applied; it being understood and agreed that determinations in accordance with GAAP for purposes of Section 8, including defined terms as used therein, are subject (to the extent provided therein) to Section 12.07(a). "Guaranties" shall have the meanings provided in Section 5.14 and shall include the Carlisle Guaranty, the Holdings Guaranty and any additional Subsidiary Guaranties executed after the Restatement Date. "Guarantors" shall mean the Subsidiary Guarantors and Holdings. "Hazardous Materials" means (a) any petroleum or petroleum products, radioactive materials, asbestos in any form that is or could become friable, urea formaldehyde foam insulation, transformers or other equipment that contained, electric fluid containing levels of polychlorinated biphenyls, and radon gas; (b) any chemicals, materials or substances defined as or included in the definition of "hazardous substances," "hazardous waste," "hazardous materials," "extremely hazardous waste," "restricted hazardous waste," "toxic substances," "toxic pollutants," "contaminants," or "pollutants," or words of similar import, under any applicable Environmental Law; and (c) any other chemical, material or substance, exposure to which is prohibited, limited or regulated by any governmental authority.

Fleet Bank means Fleet National Bank, in its individual capacity, and any successor corporation thereto by merger, consolidation or otherwise.

Fleet Bank. Fleet National Bank.

Fleet Bank means Fleet National Bank, and references to affiliates of Fleet Bank shall include Lender.” “Hedge Agreement - any and all transactions, agreements, or documents now existing or hereafter entered into between Borrower and Fleet Bank or its affiliates, which provide for an interest rate, credit, commodity or equity swap, cap, floor, collar, forward foreign exchange transaction, currency swap, cross currency rate swap, currency option, or any combination of, or option with respect to, these or similar transactions, for the purpose of hedging Borrower’s exposure to fluctuations in interest or exchange rates, loan, credit exchange, security or currency valuations or commodity prices.” “Initial Cash Dominion Procedures - shall have the meaning set forth in Subsection 6.6(b) hereof.” “Initial Cash Dominion Trigger Event – the occurrence of one or more of the following events at any time when 60% of the value of Eligible Inventory, calculated on the basis of the lower of cost or market on a first-in, first-out basis, is less than Seventy Million Dollars ($70,000,000): (i) the numerical average, for any period of three (3) consecutive Business Days, of Availability is less than or equal to Fifteen Million Dollars ($15,000,000), or (ii) the numerical average, for any period of three (3) consecutive Business Days, of the sum of (A) aggregate principal amount of all outstanding Revolving Credit Loans, plus (B) the outstanding LC Amount, plus (C) the Bank Product Reserve, is greater than or equal to Thirty-Five Million Dollars ($35,000,000).”