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

  • According to recent estimates by different agencies on wetland categories such as water spread area, aquatic vegetation and turbidity, it is around 1762 wetlands in the state.

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

  • If the Agent consents to a Proposed New Bank joining this Agreement (which consent shall not, except as provided in clause (iv) below, be unreasonably withheld), such Proposed New Bank shall join this Agreement pursuant to the provisions of subsection 9.6(f).

  • The minimum Commitment of any Proposed New Bank shall be $5,000,000.

  • If the Borrower requests that a Proposed New Bank join this Agreement and provide a Commitment hereunder, the Borrower shall, at least five (5) days prior to the date on which such Proposed New Bank proposes to join this Agreement, notify the Agent of the name of the Proposed New Bank and the amount of its proposed Commitment.

  • Each Proposed Increase Bank and Proposed New Bank, and the allocation of the proposed increase in the Aggregate Commitment, shall be subject to the consent of the Agent, the Swingline Lender and the Issuing Bank (which consent shall not be unreasonably withheld).

  • Upon satisfaction of the conditions set forth in Section 4.03 and otherwise set forth herein, the increases requested in a Facility Increase Request shall become effective on the applicable Increase Date, whereupon each Proposed New Bank shall become and be a party hereto as a Bank and shall have the rights and obligations of a Bank hereunder and the Commitment of each Bank that shall have agreed to participate in such increase shall be increased by the applicable amount.

  • Upon satisfaction of the conditions set forth herein, the increases requested in a Facility Increase Request shall become effective on the applicable Increase Date, whereupon each Proposed New Bank shall become and be a party hereto as a Bank and shall have the rights and obligations of a Bank hereunder.

  • Any Proposed New Bank shall deliver a duly completed New Bank Joinder to the Agent at least five (5) days prior to the effective date of such Proposed New Bank’s joinder hereto.

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

  • Proposed New Lender is defined in Section 2.19.

  • Qualified new job means 1 of the following:

  • 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).

  • Integrated Newswire means a newswire service that is integrated with the OTC Disclosure & News Service and is included on OTC Markets Group’s list of Integrated Newswires, as published on www.otcmarkets.com.

  • 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 Key Holders or Investors.

  • 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 2.03.

  • 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 as defined in Section 2.1(b).

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

  • Legal newspaper means a newspaper meeting the requisites

  • 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 2.24(b).

  • 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.