Foreign Exchange Bank definition

Foreign Exchange Bank means any Person that, (i) at the time it enters into an agreement to provide foreign exchange services with the Borrower or any Subsidiary, is a Lender or an Affiliate of a Lender, or, (ii) in the case of an agreement to provide foreign exchange services with the Borrower or any Subsidiary executed prior to the Closing Date, was a Lender or an Affiliate of a Lender on the Closing Date, in any case in its capacity as a party to such an agreement to provide foreign exchange services.

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Foreign Exchange Bank means, as provided in Section 2.2(d) below, the bank authorized to carry out foreign exchange transactions in Brazil as the Seller may designate by written notice delivered to the Buyer at least five Business Days prior to the Closing Date, provided that, in case the Foreign Exchange Bank does not accept the designation by the Seller up to such date, the Foreign Exchange Bank shall be a bank authorized to carry out foreign exchange transactions freely selected by the Buyer among the banks having a previous working relationship with the Buyer or CEMIG.

Foreign Exchange Bank means a Bank acquired a letter of appointment from Bank Indonesia to conduct banking business in foreign currencies, including a branch office of a foreign bank in Indonesia, but not including an overseas branch office of a Bank headquartered in Indonesia.

Examples of Foreign Exchange Bank in a sentence

Effective period Until August 28, 1998 Condition : N/A --------------------------------------------- 1998 Confirmation by the Authorized Foreign Exchange Bank On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.
The Foreign Exchange Contract Exposure of the Borrowers to the Foreign Exchange Bank shall be secured pari passu with the other Obligations hereunder and under the Loan Documents.
Effective period Until August 28, 1999 Condition: N/A 1998 Confirmation by the Authorized Foreign Exchange Bank: On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.
In accordance with the Regulations for the Administration of Foreign Exchange Settlement, Sales and Payments and the Provisional Measures for the Administration of Foreign Exchange Bank Accounts, the Company shall be granted a FERC.
The rights and obligations of the parties to the Foreign Exchange Contract shall be documented pursuant to the documentation customarily used by the Foreign Exchange Bank.
Each Foreign Exchange Bank agrees, on the terms and conditions hereinafter set forth and subject to Section 5.02(r), to enter into foreign exchange contracts with any Borrower from time to time at the request of such Borrower during the period from the date hereof to and including the Revolving Termination Date but only to the extent that the aggregate amount of Foreign Exchange Contract Exposure shall not exceed the maximum amount permitted by Section 5.02(r)(i) at such time.
Effective period Until November 13, 1998 Condition : N/A 1998 Confirmation by the Authorized Foreign Exchange Bank: On the basis of Korea Foreign Exchange Control Regulation, we as the authorized bank, hereto affix the seal of us in testimony of approval.
Each Foreign Exchange Bank agrees to furnish to the Administrative Agent promptly after the end of each month a report setting forth the amount of presettlement risk at the end of each month of each Borrower with which such Foreign Exchange Bank has entered into a Foreign Exchange Contract.

More Definitions of Foreign Exchange Bank

Foreign Exchange Bank means any Lender or any Affiliate thereof that is party to a Foreign Exchange Contract with a Loan Party.

Foreign Exchange Bank has the meaning specified in Section 3.2;

Foreign Exchange Bank means Boatmen's First National Bank of Kansas City (together with any successor by merger or consolidation) or any other Lender which provides a replacement foreign exchange line in an amount not greater than $500,000.