Schedule II Bank definition

Schedule II Bank means a bank that is a Canadian chartered bank listed on Schedule II under the Bank Act (Canada).
Sample 1Sample 2Sample 3
Schedule II Bank means a Canadian Subsidiary of a non-resident banking entity, which Subsidiary is named in Schedule II of the Bank Act (Canada) S.C. 1991 C.46, as such schedule may be amended from time to time;
Sample 1Sample 2Sample 3
Schedule II Bank any Lender named on Schedule II to the Bank Act (Canada).
Sample 1Sample 2

Examples of Schedule II Bank in a sentence

  • Cidel is a wholly-owned subsidiary of Cidel Bank Canada, a Schedule II Bank regulated by the Office of the Superintendent of Financial Institutions (OSFI).

  • 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.

  • Notwithstanding the foregoing, so long as Canadian Administrative Agent is a Schedule II Bank, Canadian Administrative Agent may appoint an Affiliate as successor Administrative Agent by providing prior written notice of such appointment to Borrower, Administrative Agent, and Lenders.

  • Notwithstanding the foregoing, and providing the Canadian Facility Agent is a Schedule II Bank, the Canadian Facility Agent may, at any time, resign as Canadian Facility Agent and appoint as successor Canadian Facility Agent a Schedule III Bank that is an Affiliate of the Canadian Facility Agent.

  • Upon the maturity date for such Bankers’ Acceptances, the Borrower shall pay to each Non-Acceptance Lender in respect of that Non-Acceptance Lender’s BA Equivalent Loan an amount equal to the face amount of the Bankers’ Acceptances which that Non-Acceptance Lender would have accepted and purchased at the Non-Acceptance Discount Rate for such Borrowing had that Non-Acceptance Lender been a Schedule I Bank, Schedule II Bank or Schedule III Bank.

  • The Custodian is a wholly-owned subsidiary of Cidel Bank Canada, a Schedule II Bank regulated by the Office of the Superintendent of Financial Institutions.

  • The Custodian is a wholly-owned subsidiary of Cidel Bank Canada, a Schedule II Bank regulated by the Office of the Superintendent of Financial Institutions.The Custodian is responsible for safekeeping of all the investments and other assets of the Underlying Fund delivered to it (but not those assets of the Underlying Fund not directly controlled or held by the Custodian, as the case may be).

  • When selecting information technology one should also be careful not to reinforce existing social and cultural boundaries in the organization (Swan 2003:278).

  • Except in the case of any Canadian Revolving Credit Lender that became a Lender during the occurrence of an Event of Default or that has delivered a notice to the Canadian Revolving Credit Borrowers and the Administrative Agent pursuant to clause (b) of the preceding sentence, each Canadian Revolving Credit Lender hereby certifies to the Canadian Revolving Credit Borrowers that it is a Schedule I Bank, a Schedule II Bank or a Schedule III Bank, as the case may be.

  • However, the liquidity of Schedule II Bank debt is less than that of Schedule I Banks, particularly for debt with terms greater than 3 months.


More Definitions of Schedule II Bank

Schedule II Bank means Foreign bank subsidiaries regulated under the Bank Act, authorized to accept deposits.
Sample 1
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
Sample 1

Related to Schedule II Bank

  • Schedule III bank means an authorized foreign bank named in Schedule III of the Bank Act (Canada);

  • Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).

  • Schedule I means the schedule of all Sale Portfolio that is Sold by the Seller to the Purchaser on a Purchase Date, as supplemented on any subsequent Purchase Date by the “Schedule I” attached to the applicable Loan Assignment, and incorporated herein by reference, as such schedule may be supplemented and amended from time to time pursuant to the terms hereof, which schedule shall, together with all supplements and amendments thereto, be included in and made part of the Loan Asset Schedule attached to the Loan and Servicing Agreement.

  • Schedule 1 means Schedule 1 of this Licence unless otherwise stated;

  • Schedule 2 means Schedule 2 of this Licence unless otherwise stated;

  • Schedule B herein mean Schedule B attached hereto as constituted on the Effective Date, and thereafter as it may be amended from time to time (deemed or in writing) pursuant to Section 16 or 19(l).

  • Annex II means Annex II to Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Perfection Certificate is defined in Section 5.1.

  • Schedule 4 means Schedule 4 to ITEPA;

  • Exhibit IIB Standard File Codes - Delinquency Reporting The Loss Mit Type field should show the approved Loss Mitigation Code as follows: o ASUM- Approved Assumption o BAP- Borrower Assistance Program o CO- Charge Off o DIL- Deed-in-Lieu o FFA- Formal Forbearance Agreement o MOD- Loan Modification o PRE- Pre-Sale o SS- Short Sale o MISC- Anything else approved by the PMI or Pool Insurer NOTE: Wells Fargo Bank will accept alternative Loss Mitigation Types tx xxxse above, provided that they are consistent with industry standards. If Loss Mitigation Types other than those above are used, the Servicer must supply Wells Fargo Bank with a description of each of the Loss Mitigatixx Xxpes prior to sending the file.

  • Bank of America Fee Letter means the letter agreement, dated January 4, 2011, among the Borrower, Bank of America and MLPFS.

  • Supplemental Perfection Certificate means a certificate substantially in the form of Exhibit G or any other form approved by the Administrative Agent.

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Annex I means Annex I to Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • New Lender Supplement as defined in Section 2.1(c).

  • Schedule E means internal revenue service schedule E (form 1040) filed by a taxpayer pursuant to the Internal Revenue Code.

  • Schedule of Accounts means an aged trial balance and reconciliation to the Borrowing Base in form and substance reasonably satisfactory to the Administrative Agent (which may at the Administrative Agent’s discretion include copies of original invoices) listing the Accounts of the Borrower, certified on behalf of the Borrower by a Duly Authorized Officer, to be delivered on a monthly basis to the Administrative Agent by the Borrower pursuant to Section 8.1(d) hereof.

  • Collateral Questionnaire means a certificate in form satisfactory to Collateral Agent that provides information with respect to the personal or mixed property of each Loan Party.

  • Citicorp has the meaning specified in the preamble to this Agreement.

  • Schedule 9 means Schedule 9 to the Taxes Act 1988;

  • Mizuho means Mizuho Bank, Ltd.

  • Schedule of Charges means the schedule as seen in clause Schedule of Charges;

  • Schedule of Representations means the Schedule of Representations and Warranties attached hereto as Schedule B.