MPF Banks definition

MPF Banks means the Boston Bank and any other FHLB that has entered into an agreement with the MPF Provider to offer the MPF Program to their members.

Examples of MPF Banks in a sentence

  • Any Master Commitment amendment made by the MPF Bank will be made at the MPF Bank's sole discretion.Amendments may be requested to:• Change the size and term of the Master Commitment; or• Extend the expiration date of the Master Commitment.

  • If the financial information is not public information, the MPF Provider may provide the NMS’s financial information to other MPF Banks, investors or the MPF Provider’s regulator on a confidential basis.

  • The MPF Provider and each Owner Bank shall have the right to provide copies of each SOC 1 they receive pursuant to this chapter to other MPF Banks or the MPF Provider’s regulator and auditors on a confidential basis.

  • The MPF Program is a cooperative program among the MPF Banks and the MPF Provider.

  • Such suspension shall not limit the MPF Bank's prerogative to take other steps to enforce its rights or to protect its interests.

  • The MPF Provider will use commercially reasonable best efforts to balance differences of opinions among the Active MPF Banks, taking into account the direction or purpose of the overall MPF Program as established by the MPF Governance Committee, and abide by any additional obligation of the MPF Provider in determining whether and how to incorporate or address any comments from the Active MPF Banks concerning any non-Substantive Revisions.

  • All amendments to this PFI Sale Agreement shall be in writing duly executed and delivered by the PFIs and MPF Banks.

  • No amendment to, modification or waiver of, or consent with respect to, any provision of this Agreement shall in any event be effective unless in writing and executed and delivered by the MPF Provider and the Pittsburgh Bank, except for the subsequent modifications to the FHLB Guide which may be made by the MPF Provider after consultation with all the MPF Banks.

  • The MPF Provider will credit to the Boston Bank’s Clearing Account interest on the outstanding balance thereof from time to time at the rate of interest paid by the MPF Provider to all MPF Banks under the MPF Program, as the same is published in the FHLB Guide from time to time (the “MPF Bank Rate”).

  • The Parties agree that the MPF Provider shall maintain Program Loan purchase funding and reporting systems for use by the MPF Banks as specified in the FHLB Guide.

Related to MPF Banks

  • Banks shall include the Agent in its individual capacity.

  • 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.

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

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

  • Issuing Banks means (a) with respect to the Letter of Credit A Facility, each Initial Issuing Bank that has a Letter of Credit A Commitment set forth opposite its name on Schedule I hereto and any other Working Capital A Lender approved as an Issuing Bank by the Agent and, so long as no Default shall have occurred and be continuing, by Crompton Corp. (such approval not to be unreasonably withheld or delayed) and each Eligible Assignee to which a Letter of Credit A Commitment hereunder has been assigned pursuant to Section 8.07 and (b) with respect to the Letter of Credit B-1 Facility, each Initial Issuing Bank that has a Letter of Credit B-1 Commitment set forth opposite its name on Schedule I hereto and any other Working Capital B-1 Lender approved as an Issuing Bank by the Agent and, so long as no Default shall have occurred and be continuing, by Crompton Corp. (such approval not to be unreasonably withheld or delayed) and each Eligible Assignee to which a Letter of Credit B-1 Commitment hereunder has been assigned pursuant to Section 8.07 so long as, in each case, each such Lender or Eligible Assignee expressly agrees to perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as an Issuing Bank and notifies the Agent of its Applicable Lending Office and the amount of its Letter of Credit Commitment (which information shall be recorded by the Agent in the Register).

  • Liquidity Account Investments means Deposit Securities or any other security or investment owned by the Fund that is rated not less than A3 by Moody’s, A- by Standard & Poor’s, A- by Fitch or an equivalent rating by any other NRSRO (or any such rating’s future equivalent) or if not rated, determined by the Adviser to be of comparable quality.

  • Managing Agents as defined in the preamble hereto.

  • 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.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

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

  • Liquidity Providers means, collectively, the Class A Liquidity Provider and the Class B Liquidity Provider.

  • KeyBank means KeyBank National Association.

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

  • Issuing Lenders means all such Persons, collectively.

  • Bank Parties means Administrative Agent and the Banks.

  • 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).

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Conduit Credit Enhancer shall have the meaning assigned to such term in Section 14(d).

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Liquidity Account Initial Date means, with respect to any Series, the date designated as the Liquidity Account Initial Date in the Appendix for such Series.

  • Bank of America means Bank of America, N.A. and its successors.

  • Bank is defined in the preamble hereof.

  • Exiting Lender see Section 2.17.7.

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