Significant Bank definition

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Significant Bank means a bank defined as significant by the Bank of Slovenia on the basis of this Act, in connection with the enforcement of requirements set out for significant banks herein;

Significant Bank means a bank defined as significant by Banka Slovenije on the basis of this Act, in connection with the enforcement of requirements set out for significant banks by this Act or by Regulation 575/2013;

Examples of Significant Bank in a sentence

Within forty-five (45) days after the date of this Agreement, the Borrower will either close the accounts identified on Schedule 4.15 in which balances are maintained at any time in excess of $7,500 (each, a "Significant Bank Account") and that are maintained with any bank other than a Lender, or deliver to the Agent a Depository Account Control Agreement duly executed by the owner of such account (either the Borrower or the Borrower's Subsidiary, as the case may be) and such bank.
Except as otherwise stated in the Registration Statement and the Prospectus, all of the issued and outstanding capital stock of each Significant Bank Subsidiary has been duly authorized and is validly issued, fully paid and non-assessable and is owned by the Company, directly or through subsidiaries, free and clear of any security interest, mortgage, pledge, lien, encumbrance, claim or equity.
None of the outstanding shares of capital stock of any Significant Bank Subsidiary was issued in violation of preemptive or other similar rights of any securityholder of such Significant Bank Subsidiary.
In addition, the Borrower shall deliver to the Agent a Depository Account Control Agreement duly executed by the owner(s) of any additional Significant Bank Accounts that are permitted under this Section (either the Borrower or the Borrower's Subsidiary, as the case may be) within forty-five (45) days after the date of this Agreement as to any such accounts existing on the date of this Agreement, and prior to the establishment of any such account that is opened after the date of this Agreement.

More Definitions of Significant Bank

Significant Bank means any bank (other than one to which the Company or a Restricted Subsidiary is indebted) organized under the laws of Canada or the United States, having capital, surplus and undivided profits aggregating at least U.S. $500,000,000 (or its equivalent in Canadian Dollars) and having outstanding senior unsecured indebtedness that is rated “A” or better by Standard and Poor’s Ratings Group, a division of McGraw-Hill, Inc. a New York corporation, or “A2” or better by Moody’s Investors Services, Inc.

Significant Bank means any of our directly or indirectly owned bank subsidiaries which assets constitute 10% or more of our consolidated assets. Currently, KeyBank is the only Significant Bank.

Significant Bank means any bank (other than one to which the Trust or a Restricted Subsidiary is indebted) organized under the laws of Canada or the United States, having capital, surplus and undivided profits aggregating at least U.S. $500,000,000 (or its equivalent in Canadian Dollars) and having outstanding senior unsecured indebtedness that is rated “A” or better by Standard and Poor’s Ratings Group, a division of ▇▇▇▇▇▇-▇▇▇▇, Inc. a New York corporation, or “A2” or better by ▇▇▇▇▇’▇ Investors Services, Inc.\Shareholders’ Equity” means at any time, the shareholders’ equity in the Company as shown on the then most recently prepared annual or quarterly consolidated financial statements of the Company, minus the equity (including, without limitation, all retained earnings) attributable to any Non-Recourse Project of the Company and its Subsidiaries in respect of which Non-Recourse Debt is outstanding.