Overdraft Bank definition

Overdraft Bank means any Lender or any affiliate of any Lender which from time to time provides Overdraft Facilities.

Overdraft Bank means Nordea Bank AB (publ) or such other financial institution as may be appointed in relation to the Purchaser under the Master Overdraft Facility Agreement.

Overdraft Bank means HSBC Bank plc of 27-32 Poultry, London EC2P 2BX and its successors in title;

Examples of Overdraft Bank in a sentence

• The Agent will as soon as reasonably practicable notify the Overdraft Bank of the contents of each notice received from a Company under the terms of a Financing Document.

• The Agent may institute legal proceedings against a Company in the name of the Overdraft Bank if the Overdraft Bank authorises it to take those proceedings.

• Each Bank, the Swingline Bank and the Overdraft Bank, shall maintain, in accordance with its usual practices, an account or accounts evidencing the amounts from time to time lent by, owing to and paid to it under this Agreement.

• Nothing contained herein shall constitute a waiver of, impair or otherwise affect any Obligations, any other obligation of the Borrowers or any rights of the Agent, the Overdraft Bank or the Banks consequent thereon.

• This obligation will be satisfied to the extent that the amount is paid to the Overdraft Bank.

More Definitions of Overdraft Bank

Overdraft Bank means The Governor and Company of the Bank of Scotland in its capacity as lender under the Overdraft Facility Letter;

Overdraft Bank. Security Provider", "Security Trustee" and "Swingline Bank" include, where the context admits, their respective successors, in the case of the Banks their respective permitted transferees and assignees, whether immediate or derivative, in the case of the Security Trustee, such other person as may from time to time be appointed as security trustee for the Beneficiaries pursuant to the provisions of the Security Trust Deed and, in the case of the Agent, such other persons as may be appointed as Agent pursuant to the provisions of the Agreement. 152

Overdraft Bank means Citibank Canada;

Overdraft Bank means National Westminster Bank Plc in its capacity as provider of the Overdraft Facility and Bonding Facility.

Overdraft Bank means the Bank listed in Part 2 of the First Schedule (The Banks) or any financial institution to which it has made an assignment or transfer in accordance with the provisions of Clause 29.4 (Assignment by Banks) or Clause 29.5 (Transfers by Banks).

Overdraft Bank has the meaning given to that term in the Credit Agreement.

Overdraft Bank means The Royal Bank of Scotland plc acting out of its branch at 000 Xxxxxxxxxxx, Xxxxxx XX0X 0XX or any assignee or transferee thereof in such capacity.