Non-Defaulting Bank definition

Non-Defaulting Bank means each Bank other than a Defaulting Bank.
Non-Defaulting Bank means, at any time, each Bank that is not a Defaulting Bank at such time.
Non-Defaulting Bank means, at any time, a Bank that is not a Defaulting Bank.

Examples of Non-Defaulting Bank in a sentence

  • Subject to Section 32, no reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Bank arising from that Bank having become a Defaulting Bank, including any claim of a Non-Defaulting Bank as a result of such Non-Defaulting Bank’s increased exposure following such reallocation.

  • The article based on the mathematical model of factor analysis and established the model such as the following:mF = ∑j =1f j ⋅ d jf j is the main factors’ score, d j is the contribution offactors, F is the Comprehensive score of technology innovation city and in this article we call it “the technology index of the capacity which cities can create ” ,we use it to evaluate the cities’ innovation capacity.Specific evaluation steps are:Main factors score.

  • In the event any Non-Defaulting Bank is an MPI Bank, or would become an MPI Bank as a result of making full payment of its Initial Allocation Amount, an MPI Adjustment shall be made to each Non-Defaulting Bank’s Initial Allocation Amount pursuant to Section 2.02(b)(iv) hereof.

  • The Funding Corporation shall determine the Initial Allocation Percentage for each Non-Defaulting Bank with respect to the Defaulted Maturing Obligation Allocation Amount, and the Initial Allocation Amount for each such Bank, pursuant to Section 2.01 hereto.

  • A Non-Defaulting Bank may elect to make its Allocation Payment in cash in lieu of issuing Allocation Payment Debt.


More Definitions of Non-Defaulting Bank

Non-Defaulting Bank means a Bank that is not a Defaulting Bank.
Non-Defaulting Bank is defined in Section 2.4(c).
Non-Defaulting Bank means any Bank that is not, as of the relevant date, a Defaulting Bank.
Non-Defaulting Bank at any time, all Banks other than any Defaulting Banks at such time.
Non-Defaulting Bank means, at any time, a Bank that is not a Defaulting Bank or a Potential Defaulting Bank. “Non Extending Bank” has the meaning set forth in Section 2.9(b).
Non-Defaulting Bank means, at any time, each Bank that is not a Defaulting Bank at suchtime.
Non-Defaulting Bank means, at any time, each Bank that is not a Defaulting Bank at such time. “Non-U.S. Bank” means a Bank that is not a United States person as defined in Section 7701(a)(30) of the Code. “Notes” means the Revolving Notes and the Swing Line Note. “NYFRB” means the Federal Reserve Bank of New York. “Obligations” means all obligations and liabilities of each Borrower to the Agent and the Banks under this Agreement and all other Loan Documents, including without limitation obligations to pay principal, interest, fees, expenses and other amounts, all Letter of Credit Obligations, and all Hedging Obligations of each Borrower to any of the Banks or their respective affiliates, including without limitation any such obligations that arise after the filing of a petition by or against any Borrower under the Bankruptcy Code, regardless of whether allowed as a claim in the resulting proceeding, even if the obligations do not accrue because of the automatic stay under Bankruptcy Code Section 362 or otherwise; provided, further, that “Obligations” shall exclude all Excluded Swap Obligations. “OFAC” means the U.S. Department of the Treasury’s Office of Foreign Assets Control, and any successor thereto. “Organizational Documents” means, for a Person that is (a) a corporation, its articles of incorporation and bylaws, (b) a limited liability company, any articles of formation, membership agreement, member control agreement or equivalent document, (c) limited or general partnership, any partnership agreement, and (d) any other form of entity, the equivalent documents, in each case together with all instruments, documents and agreements filed with any Governmental