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).
Schedule I Bank means any Canadian Tranche Lender named on Schedule I to the Bank Act (Canada).
Schedule I Bank means a bank listed in Schedule I of the Bank Act (Canada).

Examples of Schedule I Bank in a sentence

  • 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.

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

  • 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.

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

  • 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.


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);
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).
Schedule I Bank any bank named on Schedule I to the Bank Act (Canada).
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;
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).
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."‌
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."