Relevant Bank definition

Relevant Bank means, with respect to any loan, a bank which has issued a Letter of Credit which, or a portion of which, is for the time being allocated as Collateral for such loan;

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Relevant Bank means a person (“RB”) who—

Relevant Bank means the bank approved by the Council for the conduct of ECTEL’s business

Examples of Relevant Bank in a sentence

• Where the limitation on recourse arises by reason of the existence of a Relevant Bank Event at the time of any termination of the leasing of the Ship pursuant to clause 3.3, the Lessee acknowledges and agrees that the Lessor shall be entitled to make a demand and/or, as the case may be, exercise all its rights under any Letter of Credit or Additional Security Document provided by that Relevant Bank.

• The Relevant Bank shall, upon written request of the Company, deliver to the Company a statement showing the calculation of (i) any applicable Domestic CD Rate (Adjusted), (ii) any applicable Eurocurrency Rate (Reserve Adjusted) or (iii) the rate of interest per annum applicable to Negotiated Loans or Local Currency Loans hereunder.

• Each payment of principal on any Loan shall be applied first to Base Rate Loans and then to such of the other Loans as the Company shall direct by written or telephonic notice given by an Authorized Person to the Relevant Bank on or before the date of such payment, or in the absence of such notice, as the Relevant Bank shall determine in its discretion.

• Except as otherwise provided in Section 11.2 hereof, all payments (including those made pursuant to Section 5) of principal of, or interest on, the Loans shall be made by the Company to the Relevant Bank in immediately available funds in the Obligation Currency.

• The Company may from time to time prepay the Loans in whole or in part, provided that (a) an Authorized Person shall give the Relevant Bank not less than three Business Days' prior notice thereof, specifying the Loans to be prepaid, and the date and amount of prepayment and (b) each partial prepayment shall be in the principal amount of 1,000,000 U.S. Dollars (or the Eurocurrency or Local Equivalent Amount thereof) or such lesser amount as is then outstanding on the Loan being prepaid.

More Definitions of Relevant Bank

Relevant Bank means the LC Bank and/or, as the case may be, any Additional Security Provider (other than an Additional Security Provider which is a member of the Lessee Group);

Relevant Bank means, with respect to any Loan, the Bank that made the Loan, and, prior to the making of such Loan or requested Loan, any Bank that has been requested to make such Loan.

Relevant Bank means any bank, financial institution or investment institution at which Vistra UK shall hold (or arrange to hold) client monies on behalf of a Client or an Entity;

Relevant Bank means any bank, financial institution or investment institution at which Vistra Jersey shall hold (or arrange to hold) client monies on behalf of a Client or an Entity; "Relevant Sums" means any fees, taxes, disbursements or expenses:

Relevant Bank means in connection with any U.S. Letter of Credit or U.S. Loan, any U.S. Bank and in connection with any Canadian Letter of Credit, Canadian Loan or Bankers' Acceptance, any Canadian Bank.

Relevant Bank. (有關銀行) means-

Relevant Bank means the bank identified as such in Schedule 2;