Primary Bank definition
Examples of Primary Bank in a sentence
Additionally, an amount of sick leave equal to the hours used from an employee's Primary Bank for said disability may be transferred from the employee's secondary Bank to the Primary, provided that such transfer does not result in an excess of 672 hours in the employee's Primary Bank.
Within the Guarantee Date 1, the SHIPPER shall provide ENI with a credit guarantee on first demand issued by an internationally Primary Bank (the "Bank Guarantee") for an amount equivalent to 3 (three) monthly Subletting Fees as per Article 9.
For the avoidance of doubt, the Company acknowledges that it will not, and will not permit any Subsidiary to, secure or grant any Liens in respect of the Primary Bank Facility, unless an equal and ratable Lien is granted in respect of the Notes.
This account is also the Primary Bank account for the receipt of income from National and Provincial Government.
The Servicer, as agent of the Issuer, shall establish another account at the Primary Bank (the "Lock Box Account"), which shall be an Eligible Deposit Account in the name of the Indenture Trustee for the benefit of the Noteholders, for the deposit of the amounts representing payments sent by Obligors.
Additionally, an amount of sick leave equal to the hours used from the Primary Bank for said disability may be transferred from the secondary Bank to the Primary provided that such transfer shall not result in there being in excess of 480 hours in the Primary Bank.
Please complete the following banking information: Name of Primary Bank: __________________________________________________________ Address: ______________________________________________________________________ Telephone Number: _____________________________________________________________ Bank Officer: __________________________________________________________________ Please attach the Entity’s most current financial statement.
Primary Bank Credit Agreement (to the extent that such covenants are applicable to AMD Inc.
The Company covenants that it will not permit Working Capital at any time to be less than the minimum level of Working Capital (or comparable term) that the Company is then required to maintain under the Company’s Primary Bank Facility without causing a default or event of default thereunder.
Additionally, an amount of sick leave equal to the hours used from the Primary Bank for said disability (i.e., if an employee is out for at least 60 days) may be transferred from the Secondary Bank to the Primary Bank provided that such transfer shall not result in there being in excess of 480 hours in the Primary Bank.