Primary Bank definition

Primary Bank means the Authority’s current depository bank or another financial institution as may be designated by the Commission or the Authority from time to time.
Primary Bank means a bank with rating Standard and Poor’s Corporation not under “BBB-” or Moody’s Investors Service Inc. not under “Baa3” or Fitch Ratings, Inc./Ltd. not under “BBB-”.
Primary Bank. “ shall mean a bank with credit rating Standard and Poor’s Corporation not under "BBB- " or ▇▇▇▇▇’▇ Investors Service Inc. not under "Baa3" or Fitch Ratings, Inc./Ltd. not under “BBB-”.

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.


More Definitions of Primary Bank

Primary Bank means the Primary Cooperative Agricultural Development Bank Ltd., for particular area to which its area of jurisdiction extends under its bylaws.
Primary Bank means the primary bank of the Cell Line as described in ▇▇▇▇▇▇▇▇▇▇ et al., PLOS One 2012.
Primary Bank s knowledge" or similar terms with respect to Primary Bank, means the actual knowledge of the following individuals: ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇., and ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇.
Primary Bank means a co-operative society registered under the Kerala Co-operative Societies Act, 1969 (21 of 1969), as a Primary Co-operative Agricultural Development Bank Limited and admitted as a member of the Agricultural Development bank and includes a co-operative society registered or deemed to be registered under the said Act as a Primary Co-operative Land Mortgage Bank Limited and admitted as a member of the Kerala Co-operative Central Land Mortgage Bank Limited which shall hereafter be [11] [known as a Primary Co-operative Agricultural and Rural Development Bank Limited;]

Related to Primary Bank

  • Subsidiary Bank means any Subsidiary which is a Bank.

  • Beneficiary Bank means the branch of the bank identified in a Payment Instruction where Customer maintains an account.

  • Principal Subsidiary Bank means any Subsidiary which is a Bank and has total assets equal to 30 percent or more of the consolidated assets of the Company determined as of the date of the most recent audited financial statements of such entities.

  • Intermediary bank means a bank to which an item is transferred in course of collection except the depositary or payor bank.

  • primary carer means the person who has responsibility for the care of the Child. Only one person can be the Child’s Primary Carer on a particular day.