Part C Bank definition

Part C Bank means each Bank listed on Part C of Schedule I hereto.
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Examples of Part C Bank in a sentence

  • The Contingent Commitment of each Part C Bank shall be permanently reduced on each date a Loan is made by such Bank pursuant to Section 2.01(b) by the amount of such Loan.

  • In addition, for so long as any amounts are owed to any Part C Bank with respect to any Part C Loan, any amounts otherwise owing by a Part B Bank pursuant to this Agreement or any other Credit Document shall be paid on a pro rata basis to the Part C Banks until all amounts with respect to outstanding Part C Loans have been repaid.

  • Upon any such payment by a Part B Bank, such Part B Bank shall be subrogated to the rights of the relevant Part C Bank with respect to the relevant Part C Loan.

  • The bank's performance against its budget will be used to calculate Part A (Bank Financial Performance), while net income as a % of average net worth (ROE) will be used to calculate Part C (Bank performance vs.

  • The Municipal Tranche Contingent Commitment of each Part C Bank or the Structured Tranche Contingent Commitment of each Part E Bank, as the case may be, shall be permanently reduced on each date a Municipal Tranche Loan or a Structured Tranche Loan, respectively, is made by such Bank pursuant to Section 2.01(b) or Section 2.01(d), respectively, by the amount of such Municipal Tranche Loan or such Structured Tranche Loan, respectively.

  • Upon any such payment by a Part B Bank, such Part B Bank shall be subrogated to the rights of the relevant Part C Bank with respect to the relevant Part C Loan to the extent of such payment.

  • The Commitment of any Bank which does not so agree, the Contingent Commitment, if any, of each Part C Bank with respect thereto and the Contingent Commitment of such Bank if such Bank is a Part C Bank, shall terminate upon the Expiry Date then in effect.

  • In addition, the Contingent Commitment of each Part C Bank shall be permanently reduced on each date a Loan is made pursuant to Section 2.01(a) by any Bank that is not a Part C Bank by an amount equal to 30% of such Loan.

  • The Contingent Commitment of each Part C Bank shall be permanently reduced on each date a Loan is made by such Part C Bank pursuant to Section 2.01(b) by the amount of such Loan.

Related to Part C Bank

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Schedule III bank means an authorized foreign bank named in Schedule III of the Bank Act (Canada);

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.

  • PNC Bank means PNC Bank, National Association.

  • Account Designation Letter means a letter from the Borrower to the Administrative Agent, duly completed and signed by an Authorized Officer of the Borrower and in form and substance reasonably satisfactory to the Administrative Agent, listing any one or more accounts to which the Borrower may from time to time request the Administrative Agent to forward the proceeds of any Loans made hereunder.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • GE Capital Fee Letter means that certain letter, dated as of the Closing Date, between GE Capital and Borrower with respect to certain Fees to be paid from time to time by Borrower to GE Capital.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Certificate re Non-Bank Status means a certificate substantially in the form of Exhibit F.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Issuer Administration Agreement means that certain issuer administration agreement, dated as of the date hereof, among the Administrator, the Issuer, the Transferor and the Indenture Trustee.

  • Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • AML/CFT means anti-money laundering and countering the financing of terrorism;

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.