Subject Bank definition

Subject Bank. As defined in Section 2.30.
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Subject Bank has the meaning specified in Section 2.15. ------------
Sample 1
Subject Bank means any federal or state chartered bank which provides the products that are marketed and processed by a Loan Party, including, without limitation, any prepaid debit cards.
Sample 1

Examples of Subject Bank in a sentence

  • In connection with any such assignment, the Borrower, the Agent, such Subject Bank or Affected Bank, as the case may be, and the replacement Bank shall otherwise comply with Section 14.01 hereof.

  • From and after the date hereof, at Sellers’ sole cost and expense, Sellers shall prepare, execute, file and deliver, as applicable, all assignments or other documents necessary to effectuate the transfer of Sellers’ rights and interests in the Subject Bank Accounts such that Purchaser shall be reflected as the “owner” of all Subject Bank Accounts in the records of the applicable bank.

  • Purchaser and Sellers hereby agree that Sellers shall be, and are hereby appointed as, bailee of the Subject Bank Accounts for the benefit of Purchaser.

  • Purchaser shall have the right to inspect and verify the nature and completeness of records and documentation of the Subject Bank Accounts in the possession of Sellers and the Sellers shall permit Purchaser (or its representative or designee) to inspect at all reasonable times during regular business hours and upon reasonable notice to Sellers any records or other documents related to the Subject Bank Accounts in the possession of Sellers.

  • The Subject Bank chooses to comply with the standards promulgated by this biased entity.

  • In late 2017, a state public employee retirement association (the “PERA”) notified the Subject Bank that it was in violation of the state’s anti-boycott law (the “BDS Law”) and would be subject to divestment.

  • Sellers shall maintain records and documentation of the Subject Bank Accounts for the benefit of the Purchaser using reasonable care and in accordance with its customary procedures with respect to the Subject Bank Accounts.

  • The Subject Bank stated that its boycott was not politically motivated to inflict harm on Israel but was, instead, part of its CSR program and pointed to the fact that it was simply complying with its own “Responsible Investing” policies, which in turn were developed on the basis of the UNGC and United Nations Guiding Principles on Business and Human Rights with the advice and counsel of investment advisors, and thus had no political motivation to harm Israel.

  • There is certainly no binding authority under which [the Subject Bank] is forced to comply with the UN standards in the manner it has and no law otherwise obligates [the Subject Bank] to boycott the two Israeli companies.

  • The records of the Sellers shall be clearly marked to show that (i) Sellers’ rights and interests in the Subject Bank Accounts were conveyed to Purchaser pursuant to the Purchase Agreement, are owned by Purchaser and Sellers have no interest therein and (ii) Sellers have conveyed all of Sellers’ rights and interests in the Subject Bank Accounts to Purchaser.


More Definitions of Subject Bank

Subject Bank is defined in Section 4.2.
Sample 1
Subject Bank means SUBJECT BANK including, unless the context clearly indicates otherwise, all direct and indirect subsidiaries of SUBJECT BANK as of the applicable time.
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Related to Subject Bank

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Collecting bank means a bank handling the item for collection except the payor bank.

  • SBI / Bank means State Bank of India (client) a body Corporate created under SBI Act 1955, having one of its Circle Office at State Bank of India, III/1 Pandit Jawaharlal Nehru Marg, Bhubaneswar- 01 and includes the client’s representatives, successors and assigns.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Bank Affiliate means any office or branch of the Bank and any other entity that directly, or indirectly through one or more intermediaries, controls the Bank or that is controlled by or is under common control with the Bank.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • U.S. Credit Parties means, collectively, the US Borrowers and the US Subsidiary Guarantors.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Bank is defined in the preamble hereof.

  • Domestic Loan Parties means, collectively, the Company and the Guarantors.

  • Eye bank means a person that is licensed, accredited, or regulated under federal or state law to engage in the recovery, screening, testing, processing, storage, or distribution of human eyes or portions of human eyes.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Account Bank means any of them.

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Warehouse Lender means any lender providing financing to Seller for the purpose of warehousing, originating or purchasing a Mortgage Loan, which lender has a security interest in such Mortgage Loan to be purchased by Purchaser.

  • Bank Parties means Administrative Agent and the Banks.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.7, any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • U.S. Loan Parties means the U.S. Borrowers and the U.S. Guarantors.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.