Major Banks definition

Major Banks means (i) with respect to any U.S. dollar-denominated Notes, four major banks in the London interbank market and (ii) with respect to any euro-denominated Notes, four major banks in the Eurozone interbank market.
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Major Banks means four major banks in the London interbank market.
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Major Banks means JPMorgan Chase Bank, N.A., Credit Suisse and Deutsche Bank AG, and any successor to any thereof; provided, that if any of such financial institutions shall merge, consolidate or otherwise combine, Bank of Montreal, JPMorgan Chase Bank, N.A. and RCFC shall select a mutually agreed upon financial institution to be a Major Bank.
Sample 1

Examples of Major Banks in a sentence

  • Council Funds may be invested in one or more of the following: Fixed Deposits; Commercial Bills; Government bonds; and Other Short-term Authorised Investments.Council funds are to be invested with the following financial institutions: Major Banks & Bonds Issued by Government and/ or Government Authorities.

  • Council Funds may be invested in one or more of the following: Fixed Deposits Commercial Bills Government bonds Other Short-term Authorised Investments Council funds are to be invested with the following financial institutions. Major Banks & Bonds Issued by Government and/ or Government Authorities.

  • Council Funds may be invested in one or more of the following:• Fixed Deposits• Commercial Bills• Government bonds• Other Short-term Authorised Investments Council funds are to be invested with the following financial institutions.• Major Banks & Bonds Issued by Government and/ or Government Authorities.

  • Council Funds may be invested in one or more of the following:• Fixed Deposits;• Commercial Bills;• Government bonds; and• Other Short-term Authorised Investments.Council funds are to be invested with the following financial institutions:• Major Banks & Bonds Issued by Government and/ or Government Authorities.

  • See International Swaps and Derivatives Assoc., Inc., Major Banks Agree to Sign ISDA Resolution Stay Protocol, press release, October 11, 2014, at http://www2.isda.org/news/major- banks-agree-to-sign-isda-resolution-stay-protocol.

  • Hecht, The State of Short-Term Credit Amid Ambiguity, Evolution and Innovation; John Hecht, Jefferies LLC, The State of Short-Term Credit in a Constantly Changing Environment (2015); Jessica Silver-Greenberg, The New York Times, Major Banks Aid in Payday Loans Banned by States (Feb.

  • These basis point values are presented in the financial statements from fiscal 2017 instead of the outlier ratio (A maximum loss of market value expressed as a percentage of net assets in the event of a parallel rate hike or drop of 200 basis points) in accordance with an amendment to Comprehensive Guidelines for Supervision of Major Banks, etc.

  • Note: Major Banks includes BWA from Dec 08; ANZ, CBA, NAB, STG, WBC for entire sample.

  • Relationships with Major Banks It is both common and usual to accept appointments where major banks hold a security interest over the company’s non-circulating and circulating assets.

  • Ben Protess et al., U.S. Investigates Currency Trades by Major Banks, N.Y. TIMES DEALBOOK (Nov.


More Definitions of Major Banks

Major Banks means JPMorgan Chase Bank, Credit Suisse First Boston and Deutsche Bank AG, and any successor to any thereof; provided, that if any of such financial institutions shall merge, consolidate or otherwise combine, The Bank of Nova Scotia, Bank of Montreal and RCFC shall select a mutually agreed upon financial institution to be a Major Bank.
Sample 1
Major Banks means The Chase Manhattan Bank, Credit Suisse First Boston and Deutsche Bank AG, and any successor to any thereof; provided, that if any of such financial institutions shall merge, consolidate or otherwise combine, The Chase Manhattan Bank and RCFC shall select a mutually agreed upon financial institution to a Major Bank.
Sample 1

Related to Major Banks

  • Banks shall include the Agent in its individual capacity.

  • Major very major". These represent a scale of demand; the individual phrases should be interpreted accordingly.

  • Majority Banks means at any time Banks holding more than 50% of the Commitments, or if the Commitments have been terminated, Banks holding more than 50% of the then aggregate unpaid principal amount of the Advances.

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • Supermajority Banks means Banks having more than 75% of the sum of the Aggregate Commitments or, after the Revolving Credit Termination Date, more than 75% of the aggregate Revolving Loans outstanding (including funded participating interests in Swingline Loans).

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Reference Banks means, in the case of a determination of LIBOR, the principal London office of four major banks in the London inter-bank market and, in the case of a determination of EURIBOR, the principal Euro-zone office of four major banks in the Euro-zone inter-bank market, in each case selected by the Calculation Agent or as specified hereon.

  • Super-Majority Banks means at any time Banks having at least 85% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing at least 85% of the aggregate unpaid principal amount of the Loans.

  • Tranche B Lenders means the Lenders who hold Tranche B Loans or who have Tranche B Commitments.

  • Initial Issuing Banks has the meaning specified in the recital of parties to this Agreement.

  • CMS Reference Banks means (i) where the Reference Currency is Euro, the principal office of five leading swap dealers in the inter-bank market, (ii) where the Reference Currency is Sterling, the principal London office of five leading swap dealers in the London inter-bank market, (iii) where the Reference Currency is United States dollars, the principal New York City office of five leading swap dealers in the New York City inter-bank market, or (iv) in the case of any other Reference Currency, the principal Relevant Financial Centre office of five leading swap dealers in the Relevant Financial Centre inter-bank market, in each case selected by the Calculation 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.

  • Participating Banks means the list of Banks as set out in Table 2 below.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Fortis means Fortis Inc.;

  • UK Financial Institution 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.

  • BANK'S LONDON BRANCH means the London branch office of Bank.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Bank is defined in the preamble hereof.

  • Managing Agents as defined in the preamble hereto.

  • Existing bank means a savings bank, national banking association, or state chartered bank engaged in the business of banking prior to the consolidation under this section.