Relevant Banks definition

Relevant Banks means any Bank to which Obligations are owing under the Relevant Facility.
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Relevant Banks means all of the Banks other than that Bank which acts as Agent or (as the case may be) Security Agent or whose associated company acts in such capacity.
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Relevant Banks shall have the meaning set forth in the Appendix.
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Examples of Relevant Banks in a sentence

  • The Relevant Bank's determination in good faith that a proposed Eurocurrency is or is not available shall be final.

  • Furthermore nothing contained herein shall be deemed to prohibit or limit in any way whatsoever the Administrative Agent's or any Bank's right or ability to receive its portion of the assets of Guarantor upon the exercise by any other Relevant Agent or any other Relevant Banks of their rights and remedies under any other Relevant Facility or any other creditor of Guarantor.

  • Following such payment in full with regard to a Relevant Bank, the Company shall be entitled to subrogation in the Relevant Bank's rights and, upon the reasonable request of the Company, the Relevant Bank agrees to cooperate with the Company in enforcement of the Company's subrogation rights, including the transfer and delivery by the Relevant Bank to the Company of any and all evidence of indebtedness relating to such Loan within the possession or control of the Relevant Bank.

  • In respect of any Letter of Credit, any payment by the Relevant Issuing Bank of an amount due under such Letter of Credit and payment by each Relevant Bank to such Relevant Issuing Bank of such Relevant Bank's Commitment Percentage share of that amount shall be deemed to be a Canadian Prime Loan or Base Rate Loan depending on whether the amounts paid are in Canadian Dollars or U.S. Dollars, in each case, such Loan shall be made to the Borrower which requested such Letter of Credit.

  • Neither the Relevant Banks nor any affiliate thereof shall be required to establish any special or separate fund or to make any other segregation of assets to assure the payment of a Bonus Award.

  • In connection with each Loan, promptly after the determination of any interest rate provided for herein or any change therein, the Relevant Agent shall give notice thereof to the Relevant Banks and to the Relevant Borrowers, but failure to do so on a timely basis or at all shall not affect any Relevant Borrower's obligation to pay interest for any period at the applicable rate determined by the Relevant Agent.

  • The Relevant Banks will deduct from the award payment any taxes required by law to be withheld with respect to such Bonus Awards.

  • However, if the position is appointed from the rank of Captain, the Assistant EMS Director may participate in the Battalion Chief assessment in order to become eligible for future promotion.

  • The Compensation Committee of the Board of Directors of the Bank (the “Committee”) will review the financial results of the Relevant Banks, calculate the Plan Award Measurement and determine if the Quarterly Minimum Performance Goal has been met for the immediately preceding fiscal quarter.

  • At the reasonable request of the Buyer, the Seller shall provide its reasonable assistance to the Buyer in approaching and discussing with the Relevant Banks regarding the loans lent by them to the relevant Target Company(ies) or the Trading Subsidiary, in connection with the Transaction.


More Definitions of Relevant Banks

Relevant Banks. Bank" or "Banks" shall, unless the context otherwise indicates, include each Agent, as applicable, in its individual capacity. Chase (and any successor acting as U.S. Agent), Christiania Bank OG Kreditkasse, Hibernia National Bank and Societe Generale, Southwest Agency, as U.S. Co-Agents and Chase Canada (and any successor acting as Canadian Agent) and their respective affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Obligors (and any of their Subsidiaries or Affiliates) as if it were not acting as such Agent, and Chase, Christiania Bank OG Kreditkasse, Hibernia National Bank, Societe Generale, Southwest Agency and Chase Canada and their respective affiliates may accept fees and other consideration from the Obligors for services in connection with this Agreement or otherwise without having to account for the same to the Banks.
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Relevant Banks. Bank" or "Banks" shall, unless the context otherwise indicates, include each Agent, as applicable, in its individual capacity. Each of Chase (and any successor acting as Global Administrative Agent or Arranger), Christiania Bank OG Kreditkasse and Societe Generale, Southwest Agency, as U.S. Co-Agents (and any successor acting as a U.S. Co-Agent), Chase Canada and Bank of Montreal (and any successor acting as a Canadian Co-Agent or as successor to Bank of Montreal as Documentation Agent), Salomon Brothers Holding Company Inc (and any successor acting as Syndication Agent) and their respective affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Obligors (and any of their Subsidiaries or Affiliates) as if it were not acting as such Agent, and Chase, Christiania Bank OG Kreditkasse, Societe Generale, Southwest Agency, Chase Canada, Bank of Montreal, Salomon Brothers Holding Company Inc and their respective affiliates may accept fees and other consideration from the Obligors for services in connection with this Agreement or otherwise without having to account for the same to the Banks."
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Relevant Banks means the following banks: Nordea Bank, BNP Paribas, Sumitomo Mitsui, Mizuho, Deutsche Bank and HSBC;
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Relevant Banks means all of the Banks other than that Bank which acts as Agent or (as the case may be) Security Agent or whose associated company acts in such capacity. 162 (D) Any appointment of a successor Agent or Security Agent under Clause 25.6(A) or (B) shall take effect upon:-
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Related to Relevant Banks

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Facility Agent has the meaning set forth in the Preamble.