Proposed New Bank definition

Proposed New Bank as defined in subsection 2.8(d).
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Proposed New Bank has the meaning set forth in Section 2.18(B).
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Proposed New Bank has the meaning assigned to such term in subsection 2.14(d).
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Examples of Proposed New Bank in a sentence

  • Any Proposed New Bank shall be subject to the consent of the Agent (which consent shall not be unreasonably withheld).

  • Upon the effective date of any increase in the Revolving Commitment Amount that is provided by a Proposed New Bank, such Proposed New Bank shall be a party to this Agreement as a Bank and shall have the rights and obligations of a Bank hereunder.

  • Based upon the Bank Increase Notices, any allocations made in connection therewith and any notice regarding any Proposed New Bank, if applicable, the Agent shall notify the Borrowers and the Banks on or before the Business Day immediately prior to the proposed effective date of the amount of each Bank’s and Proposed New Bank’s Commitment (the “Effective Commitment Amount”) and the amount of the Aggregate Commitment, which amount shall be effective on the following Business Day.

  • Any Proposed New Bank shall be subject to the consent of the Agent, which consent shall not be unreasonably withheld.

  • In the event that the Bank Increase Notices in the aggregate are less than the amount requested by the Company, not later than thirty (30) Business Days prior to the proposed effective date the Company may notify the Agent of any financial institution that shall have agreed to become a "Bank" party hereto (a "Proposed New Bank") in connection with the Commitment Increase Notice.

  • Upon the effective date of any increase in the Aggregate Commitment that is provided by a Proposed New Bank, such Proposed New Bank shall be a party to this Agreement as a Bank and shall have the rights and obligations of a Bank hereunder.

  • Based upon the Bank Increase Notices, any allocations made in connection therewith and any notice regarding any Proposed New Bank, if applicable, the Agent shall notify the Borrower and the Banks on or before the Business Day immediately prior to the proposed effective date of the amount of each Bank’s and Proposed New Banks’ Commitment (the “Effective Commitment Amount”) and the amount of the Commitments, which amount shall be effective on the following Business Day.


More Definitions of Proposed New Bank

Proposed New Bank as defined in subsection 2.16(g).
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Proposed New Bank is defined in Section 1.9(a) hereof.
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Related to Proposed New Bank

  • Proposed New Lender is defined in Section 2.20.

  • Authorized Newspapers means three general newspapers and one financial newspaper, all of which are customarily published at least once a day for at least five days (other than legal holidays) in each calendar week, printed in the English language and of general circulation, with respect to the general newspapers, in the State of New Jersey, and with respect to the financial newspaper, in the State of New Jersey or the Borough of Manhattan, City and State of New York.

  • Authorized Newspaper means a newspaper, printed in the English language or in an official language of the country of publication, customarily published on each Business Day, whether or not published on Saturdays, Sundays or holidays, and of general circulation in each place in connection with which the term is used or in the financial community of each such place. Whenever successive publications are required to be made in Authorized Newspapers, the successive publications may be made in the same or in different Authorized Newspapers in the same city meeting the foregoing requirements and in each case on any Business Day.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Proposed Change has the meaning assigned to such term in Section 9.02(c).

  • Proposed Borrowing Base Notice has the meaning assigned to such term in Section 2.07(c)(ii).

  • Proposed decision means the presiding officer’s recommended findings of fact, conclusions of law, decision, and order in a contested case in which the administrator did not preside.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Proposed Plan As defined in Section 3.17(a)(iii).

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Stockholders.

  • Proposed Reduction Date has the meaning set forth in Section 1.3.

  • Proposed Transferee has the meaning set forth in Section 2.4(a).

  • Competitive Bid Borrowing means a borrowing consisting of simultaneous Competitive Bid Advances from each of the Lenders whose offer to make one or more Competitive Bid Advances as part of such borrowing has been accepted under the competitive bidding procedure described in Section 2.07.

  • Initial Revolving Borrowing means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of Letters of Credit on the Closing Date as specified in the definition of the term “Permitted Initial Revolving Borrowing.”

  • Increased Amount Date shall have the meaning provided in Section 2.14(a).

  • Commitment Increase Notice has the meaning assigned to such term in Section 2.19.

  • Notice of Competitive Bid Borrowing has the meaning specified in Section 2.03(a).

  • Increase Date has the meaning specified in Section 2.18(a).

  • Increasing Lender has the meaning specified in Section 2.18(b).

  • New Lender as defined in Section 2.1(c).

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Pro Rata Extension Offers shall have the meaning assigned to such term in Section 2.21(e).

  • Net Short Lender has the meaning specified in Section 10.01.