Merged bank means a merging bank that is not the
Merged bank means a merging bank that is not the continuing, resulting, or surviving bank in a consolidation or merger.
SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.
Bank is defined in the preamble hereof.
Custodian bank means as defined in section 515.35.
Required Banks means at any time Banks having more than 50% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing more than 50% of the aggregate unpaid principal amount of the Loans.