New Bank definition

New Bank as defined in subsection 2.20(b).
New Bank means a bank or national banking association that is a party to a consolidation agreement and is not engaged in the business of banking before the consummation of the consolidation or merger provided for in the consolidation agreement.
New Bank has the meaning specified in Section 2.6(a).

Examples of New Bank in a sentence

  • On the transfer becoming effective in this manner the Existing Bank shall be relieved of its obligations under this Agreement to the extent that they are transferred to the New Bank.

  • New Bank desires to become a party to the Senior Lending Agreement.

  • RGC 3, New Bank Stabilization in Tidal Waters of Puget Sound Activities involving new bank stabilization in tidal waters in Water Resource Inventory Areas (WRIAs) 8, 9, 10, 11 and 12 (within the areas identified on Figures 1a through 1e) cannot be authorized by NWP.

  • In addition to sharing your New Bank Information with your Old Bank, we also share your New Bank Information with payment system operators and the provider of the payment system software.

  • The New Bank agrees to [continue to] be bound by the provisions of subsection 10.7 of the Credit Agreement.


More Definitions of New Bank

New Bank means a savings bank not engaged in the business of banking prior to the consolidation under this section.
New Bank means a savings bank that is a party to a consolidation agreement and is not engaged in the business of banking prior to the consummation of the consolidation or merger provided for in the consolidation agreement.
New Bank means each financial institution that executes and delivers to the Administrative Agent a signature page to this Amendment on which it is indicated that such financial institution is a “New Bank”.
New Bank is defined in clause (b) of Section 2.17.
New Bank means a bank not engaged in the business of banking before the consolidation provided in this section.
New Bank means each of the Persons listed on Schedule I that is not a Continuing Bank.
New Bank has the meaning set forth in Section 2.14.