Examples of Overdraft Bank in a sentence
The Overdraft Bank agrees to reimburse the Agent for all losses and expenses incurred by the Agent as a result of its appointment as Agent or arising from its activities as Agent in relation to this Agreement.
The control account for the Overdraft Facility shall be maintained by the Overdraft Bank and the control account for the Swingline Facility shall be maintained by the Swingline Bank.
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.
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.
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.