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 JPMorgan Chase Bank, N.A., 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, JPMorgan Chase Bank, N.A., Bank of Montreal and RCFC shall select a mutually agreed upon financial institution to be a Major Bank.
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Major Banks means four major banks in the London interbank market.
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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 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.

  • 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.

  • If the Major Banks selected as aforesaid by the Company are not quoting such rates as mentioned above, the Applicable Variable Rate for such Interest Period will be the Applicable Variable Rate determined with respect to the immediately preceding Interest Period.

  • Issuer Shares/Par Value ($) Bonds – continued Major Banks – continued HSBC Holdings PLC, 4% to 9/09/2026, FLR (CMT - 1yr.

  • 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.

  • Otherwise, the Company shall select three major banks in New York City and shall request each of them to provide a quotation of the Applicable Offered Rate offered by them at approximately 11:00 a.m., New York City time, on the Determination Date for loans to leading Major Banks that is representative of single transactions at that time.

  • In addition, III-3-3-3 of the “Comprehensive Guidelines for Supervision of Major Banks, etc” issued by the FSA states that the FSA would pay attention to whether or not a bank has estab- lished an appropriate information management system.

  • Uncontrolled copy valid only at time of printing.INVESTMENT POLICY 0024.100.E.R To limit overall credit exposure of the portfolio, Council has placed the following limits on portfolio credit ratings: Major Banks for the purpose of this policy are defined as ANZ, CBA, NAB, Westpac and their wholly owned and guaranteed subsidiaries.


More Definitions of Major Banks

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.
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Related to Major Banks

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

  • 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.

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

  • 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.

  • Increasing Bank has the meaning specified in Section 2.6(a).

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

  • 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.

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • Super-Majority Banks means, at any time, Banks holding Loans representing at least 66-2/3% of the aggregate principal amount of the Loans outstanding, or if no Loans are outstanding, Banks having Commitments representing at least 66-2/3% of the Total Commitment.

  • 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 such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • 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.