Selected Banks definition

Selected Banks means the banks which are signatories to the Fleet Loan Agreement and the one hundred largest commercial banks which either are United States national banking associations or are chartered under the laws of a state of the United States and which have ratings by Thomson BankWatch, Inc. no lower than B/C.
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Selected Banks. (A) means the Banks which are signatories to this Agreement and (B) the one hundred largest commercial banks which either are United States national banking associations or are chartered under the laws of a state of the United States and which have ratings by Xxxxxxxx BankWatch, Inc. (or successor) no lower than the following: (i) for the largest fifty banks in asset size: "C"; and (ii) for the next fifty banks in asset size: "B" and (C) banks chartered under the laws of Canada and of a quality and/or rating equivalent to or not less than the rating identified in (B)(ii) above.
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Selected Banks the Banks which are signatories to this Agreement and the one hundred largest commercial banks which either are United States national banking associations or are chartered under the laws of a state of the United States and which have ratings by Thomson BankWatch, Inc. no lower than B/C.
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Examples of Selected Banks in a sentence

  • Net interest margin data represents BHC GAAP data for Selected Banks.

  • OpenSky and SBA PPP Loans) Selected Banks Median +58% Yield on Loans: 9.66% Yield on Loans: 8.54% Yield on Loans: 9.46% Construction / TRBC: Bank - 18% Reg CRE / TRBC: Bank - 57% NIB 33% IB Demand, Savings & MMDA 46% Retail 2% Jumbo 19% 21% NIB 11% IB Demand, Savings & MMDA 40% Retail 29% Jumbo NIB 30% IB Demand, Savings & MMDA 39% Retail 9% Jumbo 21% IFH Pro FormaCBNK Resi.


More Definitions of Selected Banks

Selected Banks means the following banks: Agroinvestbank, Tajikbankbusiness, Orienbank, Tajvnesheconomobank, and Sberbank;
Sample 1
Selected Banks means the Bank of Delaware, the bank signatories to the NatWest Loan Agreement, and the one hundred largest commercial banks that either are United States national banking associations or are chartered under the laws of a state of the United States and that have ratings by Thompson BankWatch, Inc. xx xxxxr than B/C. "Senior Debt" means all Indebtedness of the Company for borrowed money (including, without limitation, all Indebtedness under this Agreement, the Senior Note Agreements and the Natwest Loan Agreement) that is not expressly subordinate or junior to any other Indebtedness. "Senior Note Agreements" means collectively, (i) Note Purchase Agreement dated as of December 16, 1994, as amended December 5 and December 10, 1996 in respect of the Company's 8.84% Series A Senior Notes due March 31, 2000, 8.85% Series B Senior Notes due March 31, 2000 and 7.96% Series C Senior Notes due March 31, 2000; (ii) Master Shelf Agreement dated as of December 30, 1994, as amended December 6, 1996, in respect to up to $50,000,000 of Senior Notes, pursuant to which there were issued $30,000,000 in 7.15% Senior notes due September 29, 2001; (iii) Senior Note Agreements dated December 15, 1995, as amended December 6, 1996, in respect of the Company's 6.60% Series D Senior Notes due December 31, 2002, and 6.59% Series E Senior Notes due December 31, 2002; and (iv) Master Shelf Agreement dated as of June 30, 1997, in respect to up to $30,000,000 of Senior Notes pursuant to which there were issued $10,000,000 in 6.94% Senior Notes due July 14, 2003 and $20,000,000 in 6.22% Senior Notes due February 3, 2004. "Senior Notes" shall mean the Senior Notes issued by the Company under the terms and conditions of the Senior Note Agreements. "SPV" shall have the meaning assigned to such term in the definition of "Asset Securitization" in this Article 1 and NCB I, Inc., NCB Retail Finance Corporation and any other Subsidiary of the Company having powers limited to the holding of regular or residual interests arising out of Asset Securitization. "Subsidiary" shall mean any corporation a majority of the capital stock of which at the time outstanding, having ordinary voting power for the election of directors, is owned by the Company directly or indirectly. "Termination Event" means, with respect to any Benefit Plan, (i) any Reportable Event with respect to such Benefit Plan, (ii) the termination of such Benefit Plan, or the filing of a notice of intent to terminate such Benefit Plan, or ...
Sample 1
Selected Banks means PNC Bank, Delaware, the bank signatories to the NatWest Loan Agreement, and the one hundred largest commercial banks that either are United States national banking associations or are chartered under the laws of a state of the United States and that have ratings by Xxxxxxxx BankWatch, Inc. no lower than B/C.
Sample 1

Related to Selected Banks

  • Designated Bank means any bank designated by Lender as a Designated Bank, but only for as long as Lender has an agreement under which Lender receives Depository Benefits from that bank.

  • Affected Bank has the meaning specified in Section 3.07.

  • Participating Banks means the list of Banks as set out in Table 2 below.

  • Substitute Lender has the meaning specified in Section 2.18(a).

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Banks shall include the Agent in its individual capacity.

  • London Inter-Bank Offered Rate means, for any applicable interest period, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as selected by the Bank from time to time) at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period, for U.S. Dollar deposits (for delivery on the first day of such interest period) with a term equivalent to such interest period. If such rate is not available at such time for any reason, then the rate for that interest period will be determined by such alternate method as reasonably selected by the Bank. A “London Banking Day” is a day on which banks in London are open for business and dealing in offshore dollars.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Bid Loan Lender means, in respect of any Bid Loan, the Lender making such Bid Loan to the Company.

  • Designated Lender shall have the meaning set forth in Section 16.2(b) hereof.

  • Designated Bank Account means the relevant bank account designated by each Holder;

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Non-BA Lender means any Lender which is not a BA Lender.

  • Designated Agent means any entity that performs actions or functions on behalf of the Transmission Provider, a Transmission Owner, an Eligible Customer, or the Transmission Customer required under the Tariff. Designated Entity:

  • Money Market Loan means a Money Market LIBOR Loan or a Money Market Absolute Rate Loan.

  • Nominated Bank Account means MDL’s bank account as notified by MDL to the other Party from time to time.

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

  • Committed Lenders means, for any Lender Group, the Persons executing this Agreement in the capacity of a “Committed Lender” for such Lender Group (or an assignment hereof) in accordance with the terms of this Agreement.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial