Schedule I Bank definition

Schedule I Bank means a bank that is a Canadian chartered bank listed on Schedule I under the Bank Act (Canada).
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Schedule I Bank means any Canadian Tranche Lender named on Schedule I to the Bank Act (Canada).
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Schedule I Bank means a bank listed in Schedule I of the Bank Act (Canada).
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Examples of Schedule I Bank in a sentence

  • Any successor or replacement agent, unless otherwise unanimously agreed by the Lenders and the Borrower, shall be a Schedule I Bank.

  • If during a Business Day an officer or employee in New York of the security lending department of Bank obtains actual knowledge that a rating(s) of an Approved Investment is less than the minimum ratings specified in Schedule I, Bank shall promptly give notice of such rating(s) to Lender.

  • With the adoption of public hearings in 2007 many committees have started to reach out to the public including experts and civil society organizations, nevertheless more need to be done to institutionalize this engagement.

  • A Participant in a Tranche 2 Lender’s rights and/or obligations under this Agreement that is not a Schedule I Bank, a Schedule II Bank, a Schedule III Bank or other Person who is a resident of Canada or otherwise not subject to withholding tax for purposes of the Income Tax Act (Canada) and the regulations promulgated thereunder shall not be entitled to the benefits of Section 3.01.

  • Except as expressly provided in Schedule I, Bank shall have no obligation to perform same-day settlements.


More Definitions of Schedule I Bank

Schedule I Bank means an authorized bank named in Schedule I of the Bank Act (Canada); "Schedule II bank" means an authorized bank named in Schedule II of the Bank Act (Canada);
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Schedule I Bank any bank named on Schedule I to the Bank Act (Canada).
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Schedule I Bank. “Schedule II Bank” or “Schedule III Bank” mean a bank under (as the case may be) Schedule I or II of the Bank Act (Canada) or an authorized foreign bank under Schedule III of the Bank Act (Canada).
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Schedule I Bank means a banking entity which is named in Schedule I of the Bank Act (Canada) S.C. 1991 C.46, as such schedule may be amended from time to time;
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Schedule I Bank means a bank that is a Canadian chartered bank listed on Schedule I under the Bank Act (Canada). “Schedule II Bank” means a bank that is a Canadian chartered bank listed on Schedule II under the Bank Act (Canada).
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Schedule I Bank means a Schedule I bank pursuant to the Bank Act (Canada) that has a capital and reserves position of one billion ($1,000,000,000) or more at the time of the securities loan transaction."
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Schedule I Bank means any bank named on Schedule I to the Bank Act (Canada). “Schedule I Reference Bank” means, where there are two or fewer Canadian Lenders which are Canadian chartered banks that are Schedule I Banks, all such Lenders, and where there are more than two such Lenders, two of such Lenders chosen by the Administrative Agent and identified as such by notice from the Administrative Agent to the Canadian Borrowers and the Canadian Lenders, provided that such designated Canadian Lender has agreed to perform such role. “Schedule II Bank” means any Lender named on Schedule II to the Bank Act (Canada). “Schedule II/III Reference Banks” means Citibank, N.A., Canada Branch and such other Lenders to be agreed which are Schedule II Banks or Schedule III Banks and identified as such by notice from the Administrative Agent to the Canadian Borrowers and the Canadian Lenders, provided that such designated Canadian Lender has agreed to perform such role; provided if either of such banks ceases to be a Lender, such
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