Notice to Bank definition

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.
Sample 1
Notice to Bank means a notice in substantially the form of Exhibit M to this Agreement.
Sample 1
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.
Sample 1

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.

  • 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 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, Xxxxxxxxx: Xx. Xxxxxxx L.

  • 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, 0000 Xxxxxxxx Xxxx, Xxxxx 000, Xxxxx Xxxx, XX 00000.

  • Bank, EFS and the Nominated Purchaser shall in good faith use commercially reasonable efforts to expeditiously consummate the purchase of the Purchased Assets and the assumption of the Assumed Liabilities as contemplated hereby no later than two hundred seventy (270) days from the date on which EFS has provided an Exercise Notice to Bank.

  • 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).

  • Clinical significance of a high ankle-brachial index: insights from the Atherosclerosis Risk in Communities (ARIC) Study.

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

  • 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.

Related to Notice to Bank

  • Funding Notice means a notice substantially in the form of Exhibit A.

  • Notice of Continuation or Conversion has the meaning provided in Section 2.10(b).

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Notice means notice in writing;

  • Notice of Issuance has the meaning specified in Section 2.03(a).

  • Notice of Sale The meaning ascribed thereto in Section 4.16.

  • Notice of Appeal means a notice given pursuant to Condition 6.2.

  • Notice of Interest Rate Election has the meaning set forth in Section 2.10.

  • Enforcement Notice means a written notice delivered, at a time when an ABL Default or Note Default has occurred and is continuing, by either the ABL Agent or the Notes Agent to the other announcing that an Enforcement Period has commenced, specifying the relevant event of default, stating the current balance of the ABL Obligations or the Note Obligations, as applicable, and requesting the current balance of the ABL Obligations or Note Obligations, as applicable, owing to the noticed party.

  • Notice of Continuation means a notice substantially in the form of Exhibit D (or such other form reasonably acceptable to the Administrative Agent and containing the information required in such Exhibit) to be delivered to the Administrative Agent pursuant to Section 2.8. evidencing the Borrower’s request for the Continuation of a LIBOR Loan.

  • Notice of Default means a written notice of the kind specified in Section 5.1(4).

  • Notice of Account Designation has the meaning assigned thereto in Section 2.3(b).

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Notice of Conversion or Continuation shall have the meaning provided in Section 2.6(a).

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Revocation or suspension notice means a board notification suspending a license for an indefinite or specified period of time or a notification revoking a license as required by the Act.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • Consent Notice has the meaning set forth in Section 4.6(a).

  • Counter Notice has the meaning given to it in paragraph 165.2 of this Call Off Schedule 11;

  • Release Notice has the meaning specified in Section 11.19(b).

  • improvement notice means the notice issued by the Authority to the Supplier pursuant to Clause 32.1.3 (Authority Remedies) which will detail how the Supplier shall improve the provision of the Goods and/or Services;

  • Due notice means notice published at least twice, with an interval of at least six days between the two publication dates, in a newspaper or other publication of general circulation within the appropriate area; or, if no such publication of general circulation be available, by posting at a reasonable number of conspicuous places within the appropriate area, such posting to include, where possible, posting at public places where it may be customary to post notices concerning county or municipal affairs generally. At any hearing held pursuant to such notice, at the time and place designated in such notice, adjournment may be made from time to time without the necessity of renewing such notice for such adjourned dates.

  • Notice of Additional Issuance has the meaning set forth in Section 2.09 hereof.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Payment Notice has the meaning assigned to it in Section 8.06(c).