UK Banks definition

UK Banks means the Royal Bank of Scotland and National Westminster Bank -------- PLC.
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UK Banks shall have the meaning set forth in the preamble.
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UK Banks. The banks and financial institutions that shall have agreed to make U.K. Loans to the U.K. Borrowers, as evidenced by such Bank having a positive figure beside its name in the column titled “U.K. Commitment” on Schedule 1 hereto, as such Schedule may be updated from time to time in accordance with §2.1.5, §2.3(f), §2.4 and §21 hereof, each other Person that becomes a “U.K. Bank” in accordance with this Agreement, and their respective successors and assigns.
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Examples of UK Banks in a sentence

  • The sum of the U.K. Commitments of the U.K. Banks, as in effect from time to time.

  • Without limiting the foregoing, none of the Banks or other Persons so identified shall have or be deemed to have any fiduciary relationship with any Bank, Canadian Bank or UK Banks.

  • Notwithstanding the foregoing, to avoid the incurrence of breakage costs with respect to U.K. Loans which are LIBOR Rate Loans, the U.K. Borrowers shall not be obligated to repay any U.K. Loan that is a LIBOR Rate Loan until the end of the Interest Period relating thereto to the extent that the unused amount of the Domestic Commitments of the Domestic Banks which are affiliates of the U.K. Banks shall be greater than or equal to the U.K. Excess Amount.

  • If no successor is appointed prior to the effective date of the resignation, the relevant resigning Agent may appoint, as the case may be, after consulting with the Banks, the Canadian Banks, the UK Banks and Borrower, a successor Agent, as the case may be, from among the Banks, Canadian Banks or UK Banks, as the case may be.

  • As provided in Section 2.3, the Borrower may at its option pay such Sterling facility fee together with any facility fee owing to the Banks pursuant to Section 2.3 pursuant to a single payment to the Administrative Agent for the benefit of the UK Banks; provided, the Borrower shall so specify to the Administrative Agent that such payment is with respect to both the Sterling facility fee hereunder and such facility fee.

  • Each Sterling Borrowing (other than a Sterling Borrowing or deemed Sterling Borrowing under Section 2B.8 to reimburse a Sterling L/C Issuer for any Sterling Unreimbursed Amount) shall be in an aggregate amount not less than £5,000,000, shall be in an integral multiple of £1,000,000 and shall, when made, consist of Sterling Advances having the same Sterling Interest Period, made on the same day by the UK Banks ratably according to their respective Sterling Commitments.

  • If no successor agent has accepted appointment by the date which is 30 days following an Agent’s notice of resignation, the retiring Agent’s resignation shall nevertheless thereupon become effective and the Banks, Canadian Banks or UK Banks shall perform all of the duties of the Agent hereunder until such time, if any, as the Majority Banks (or the Canadian Majority Banks or UK Majority Banks) appoint a successor agent as provided for above.

  • The Guarantor shall exercise no right of subrogation, contribution or similar rights with respect to any payments it makes under this Guaranty until all of the Guaranteed Obligations and any amounts payable under this Guaranty are indefeasibly paid and performed in full and any commitments of the UK Administrative Agent and UK Banks or facilities provided by the UK Administrative Agent and UK Banks with respect to the Guaranteed Obligations are terminated.

  • The U.K. Borrowers jointly and severally promise to pay to the U.K. Agent, for the pro rata accounts of the U.K. Banks, the Outstanding Amount of all U.K. Loans outstanding on the Maturity Date.

  • Collectively, Loans made to the U.K. Borrowers by the U.K. Banks pursuant to §2.1.3 hereof and the U.K. Swing Line Loans.


More Definitions of UK Banks

UK Banks has the meaning assigned thereto in the Warrant Certificates.
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UK Banks means a bank which have their registered office in the United Kingdom of Great Britain and Northern Ireland;
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UK Banks has the meaning assigned thereto to Lenders in the first -------- "whereas" clause above.
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UK Banks has the meaning assigned thereto in the first "whereas" clause above.
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UK Banks shall have the meaning specified in the Recitals.
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Related to UK Banks

  • Banks shall include the Agent in its individual capacity.

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • UK Borrowers shall have the meaning assigned to such term in the preamble hereto.

  • BANK'S LONDON BRANCH means the London branch office of Bank.

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

  • 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.

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • UK Financial Institution 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.

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

  • 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;

  • Canadian means one of the following: (a) a company or association incorporated or organized under the laws of Canada, or its designated representative(s) irrespective of nationality; (b) an agency of a federal, provincial, or local government in Canada, or its designated representative(s) irrespective of nationality; or (c) a self-representing individual who is a Canadian citizen residing in Canada.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • CMS Reference Banks means (i) where the Reference Currency is Euro, the principal office of five leading swap dealers in the inter-bank market, (ii) where the Reference Currency is Sterling, the principal London office of five leading swap dealers in the London inter-bank market, (iii) where the Reference Currency is United States dollars, the principal New York City office of five leading swap dealers in the New York City inter-bank market, or (iv) in the case of any other Reference Currency, the principal Relevant Financial Centre office of five leading swap dealers in the Relevant Financial Centre inter-bank market, in each case selected by the Calculation Agent.

  • Local Currency means Kenya shilling;

  • Required Banks means at any time Banks having at least 66 2/3% of the aggregate amount of the Commitments or, if the Commitments are no longer in effect, Banks holding at least 66 2/3% of the aggregate outstanding principal amount of the sum of the (i) Syndicated Loans and (ii) Money Market Loans.

  • DIP Agents means the DIP ABL Agent and the DIP Term Loan Agent.

  • Syndication Agents as defined in the preamble hereto.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Supermajority Banks means Banks having more than 75% of the sum of the Aggregate Commitments or, after the Revolving Credit Termination Date, more than 75% of the aggregate Revolving Loans outstanding (including funded participating interests in Swingline Loans).

  • KeyBank means KeyBank National Association.

  • Euro-Dollar Reference Banks means the principal London offices of Bank of America National Trust and Savings Association, Mellon Bank, N.A., and Xxxxxx Guaranty Trust Company of New York, and "Euro-Dollar Reference Bank" means any one of the foregoing.

  • Reference Banks means, in the case of a determination of LIBOR, the principal London office of four major banks in the London inter-bank market and, in the case of a determination of EURIBOR, the principal Euro-zone office of four major banks in the Euro-zone inter-bank market, in each case selected by the Calculation Agent or as specified hereon.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Australian Dollar means the lawful currency of Australia.

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • CD Reference Banks means Xxxxxx Guaranty Trust Company of New York, Bank of America NT&SA and The Chase Manhattan Bank.