Transferor Banks definition

Transferor Banks means the Transferor Bank 1 and Transferor Bank 2;
Transferor Banks. [______________]
Transferor Banks shall have the meaning assigned thereto in the recitals hereof.

Examples of Transferor Banks in a sentence

  • Undertaking of Transferor Banks to vest in the Transferee Bank.− On the commencement of this Scheme, the undertakings of the Transferor Banks shall be transferred to and shall vest in the Transferee Bank.

  • Amalgamation of the Transferor Banks with the Transferee Bank is proposed to be completed in a time bound manner.

  • The Independent Valuers shall issue joint valuation report proposing the Share Exchange Ratio ( Joint Valuation Report) for each of the Transferor Banks.

  • The Independent Valuers shall issue joint valuation report proposing the share exchange ratio (Joint Valuation Report) for each of the Transferor Banks.

  • The Board of the Transferee Bank may, as soon as may be after the commencement of this Scheme, determine the placement of the employeesof the Transferor Banks including the determination of their inter-se seniority vis-à-vis the employees of the Transferee Bank.

  • The Board of the Transferee Bank may, as soon as may be after the commencement of this Scheme, in consultation with Reserve Bank of India, determine the placement of the employees of the Transferor Banks including the determination of their inter-se seniority vis- à-vis the employees of the Transferee Bank.

  • The shareholders of the Transferee Bank and Transferor Banks shall be entitled to raise their grievances, if any, in relation to the Share Exchange Ratio.

  • The equity shares to be issued by the Transferee Bank pursuant to sub-paragraph (1) in respect of such equity shares of the Transferor Banks, the allotment or transfer of which is held in abeyance under applicable law shall, pending allotment or settlement of dispute by order of the appropriate court or otherwise, also be kept in abeyance in like manner by the Transferee Bank.

  • Other aspects, if any, which is not specifically provided for in the Scheme of Amalgamation shall be referred to RCS/Government/RBI for appropriate actions/decisions and the decision of RCS/Government/RBI shall be final and binding on all the Transferor Banks and the Transferee Bank.

  • Such resignation shall take effect at the time specified therein, or if no time is specified, at the time of its receipt by the Chair or the Secretary.


More Definitions of Transferor Banks

Transferor Banks. [ ] Item 3 Purchasing Banks: [ ] EXHIBIT D EXEMPTION CERTIFICATE Reference is made to the Revolving Credit Agreement dated as of October 10, 2003 among Indiantown Cogeneration, L.P. (the "Borrower"), the Banks party thereto from time to time and Credit Lyonnais New York Branch, as Agent (the "Working Capital Facility"). Capitalized terms used herein that are not defined herein shall have the meanings ascribed to them in the Working Capital Facility. ______________________ (the "Non-U.S. Lender") is providing this certificate pursuant to Section 2.15(e) of the Working Capital Facility. The Non-U.S. Lender hereby represents and warrants that:
Transferor Banks. [ ] Item 3 Purchasing Banks: [ ] EXHIBIT D AMORTIZATION SCHEDULE The principal amount of each Loan shall be due and payable in fourteen (14) semiannual installments on consecutive Interest Payment Dates, commencing on the first such Interest Payment Date to occur after the date on which such Loan was made. The amount of principal payable on each such Interest Payment Date shall be equal to the amount of the principal component only of a mortgage-style amortization schedule based on the foregoing payment schedule and maturity and assuming (i) a fixed per annum interest rate equal to the interest rate applicable to such Loan on the date such Loan was made and (ii) levelized payments of principal and interest. EXHIBIT E EXEMPTION CERTIFICATE Reference is made to the Letter of Credit and Reimbursement Agreement dated as of October 10, 2003 among Indiantown Cogeneration, L.P. (the "Borrower"), the Banks party thereto from time to time and Credit Lyonnais New York Branch, as Agent (the "Reimbursement Agreement"). Capitalized terms used herein that are not defined herein shall have the meanings ascribed to them in the Reimbursement Agreement. ______________________ (the "Non-U.S. Lender") is providing this certificate pursuant to Section 2.17(e) of the Reimbursement Agreement. The Non-U.S. Lender hereby represents and warrants that:

Related to Transferor Banks

  • Transferor Company means a public gas company.

  • Transferor Certificate As defined in Section 5.02(b).

  • Transferor Interest has the meaning specified in the Transfer Agreement.

  • Transferor Amount means (a) prior to the Certificate Trust Termination Date, the "Transferor Amount" under (and as defined in) the Pooling and Servicing Agreement and (b) on and after the Certificate Trust Termination Date, the "Transferor Amount" as defined in Annex A to the Indenture. For purposes of determining the Transferor Amount on any date of determination, any amount deposited into the Principal Account in respect of a Potential Shortfall shall be deemed not to be on deposit in the Principal Account.

  • Transferor Percentage means 100% minus (a) the Floating Allocation Percentage, when used at any time with respect to Finance Charge Receivables and Defaulted Receivables, or (b) the Principal Allocation Percentage, when used at any time with respect to Principal Receivables.

  • Transferors means the entities acting as Transferors under the Pooling and Servicing Agreement.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Depository Bank means the Institution that issues a specific Depositary Receipt on behalf of the underlying company. The Depository Bank maintains a holding of Stock in the Underlying on which it is able to issue Depositary Receipts;

  • Minimum Transferor Interest means, with respect to any period, --------------------------- 4% of the average of the aggregate amount of Principal Receivables for such period.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • Transferor Any Person who is disposing by Transfer of any Ownership Interest in a Certificate.

  • Designated Depository Institution A depository institution (commercial bank, federal savings bank, mutual savings bank or savings and loan association) or trust company (which may include the Trustee), the deposits of which are fully insured by the FDIC to the extent provided by law.

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

  • 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;

  • Certificate re Non-Bank Status means a certificate substantially in the form of Exhibit F.

  • Deposit Bank means any of the banks holding one or more Deposit Accounts.

  • Series Required Transferor Amount means an amount equal to 7% of the Invested Amount.

  • Blocked Account Banks means the banks with whom the Borrowers have entered into Blocked Account Agreements.

  • Lock-Box Bank means any of the banks or other financial institutions holding one or more Lock-Box Accounts.

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

  • Central Depository means Centrálny depozitár cenných papierov SR, a.s., with its registered seat at ul. 29. augusta 1/A, Bratislava 814 80, Slovak Republic, registered in the Commercial Register maintained by the District Court Bratislava I, Section: Sa, Insert No.: 493/B;

  • Non-Bank Certificate has the meaning specified in Section 3.01(b).

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

  • Collection Bank means, at any time, any of the banks holding one or more Collection Accounts.

  • Deposit Holder means _________ (state name and location of Deposit Holder) or, if left blank, the Sellers' Bank, which shall hold and release the Deposit in accordance with this Agreement.