Notice to Bank definition

Notice to Bank. The Bank's internal records of applicable interest rates shall be determinative in the absence of manifest error. Each LIBOR Rate option selected shall apply to the entire outstanding principal amount of the Term Loan. For determining time and payment dates for LIBOR Loans, the London business day shall be standard convention.
Notice to Bank means a notice in substantially the form of Exhibit M to this Agreement.
Notice to Bank means a written notification from Secured Party to Bank that Secured Party is entitled to direct the Bank to cease complying with all instruction originated by the Company or Company’s agents, or to exercise its rights under the Pledge Agreement, including the right to withdraw, transfer, or otherwise control the Pledged Accounts. The “Effective Date” of a Notice to the Bank shall be the beginning of the second Business Day after an officer of Bank at the level of Vice President or above has verified receipt of the Notice to Bank by fax to Secured Party, provided that Bank may, at its option, act on the Notice to Bank at any time after actual receipt by Bank of the Notice to Bank (even if before the beginning of the second Business Day after Bank has acknowledged receipt, as provided above. A “Business Day” means any day excluding Saturday, Sunday and any day on which Bank is closed for business.

Examples of Notice to Bank in a sentence

  • Borrower has executed and delivered this Borrowing Notice to Bank as of the date set forth above.

  • Notice to Bank of America shall be directed to it at Bank of America, National Association, at 214 North Tryon Street, NC1-027-22-03, Charlotte, North Carolina 28255, ▇▇▇▇▇▇▇▇▇: ▇▇.

  • If Customer fails to provide Timely Notice to Bank of any Error, then Customer shall be precluded from asserting such Error against Bank.

  • Notice to Bank and NMS should be made to in accordance with Article VII, Section 7.02.

  • A Notice to Bank must be addressed to: Westamerica Bank Legal Department, ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇.

  • Notice to Bank and Company must be made in accordance with Section 8.2.G (Notice).

  • Notice to Bank must be made in accordance with Section 8.2.G (Notice).

  • Client may terminate an Account, any or all Card Products, or this Agreement, only by providing 30 days’ prior Notice to Bank (or such shorter time required by the applicable Card Program Documents, Visa or a Provider with respect to a Card Product).

  • Client shall promptly provide Notice to Bank if it becomes aware of or suspects fraud or misconduct by any Agent.

  • The Borrower may elect to reduce or terminate the Commitment by a minimum principal amount of $100,000 or an integral multiple thereof of the amount reduced or, as the case may be, terminated, upon Notice to Bank given by 10:00 a.m., New York time, at least two (2) Business Days prior to the date of such reduction or termination.