U.S. Bank definition

U.S. Bank means U.S. Bank National Association, a national banking association.

U.S. Bank means U.S. Bank National Association.

U.S. Bank means U.S. Bank National Association, a national banking association, in its individual capacity, and its successors.

Examples of U.S. Bank in a sentence

• Dated: [], 20[] OTTER TAIL POWER COMPANY By: Name: [] Title: [] TO: U.S. Bank National Association, as Administrative Agent (the “Administrative Agent”) under the Fifth Amended and Restated Credit Agreement dated as of December 11, 2024 (as amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), between Otter Tail Power Company (the “Borrower”), the Lenders, and the Administrative Agent.

• Each payment delivered to the Administrative Agent for the account of any Lender shall be delivered promptly by the Administrative Agent to such Lender in the same type of funds that the Administrative Agent received at its address specified pursuant to Section 10.1. The Administrative Agent is hereby authorized to charge the account of the Borrower maintained with U.S. Bank for each payment of principal, interest, L/C Disbursements and fees as it becomes due hereunder.

• Each of the Lenders and the Issuing Banks hereby irrevocably appoints U.S. Bank to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.

• If U.S. Bank resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective time of such resignation, including the right to require the Revolving Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.4(d).

• Notwithstanding anything to the contrary herein, if at any time U.S. Bank or any other Issuing Bank assigns all of its Commitments and Revolving Loans pursuant to Section 10.4(b), (i) U.S. Bank or any other Issuing Bank may, upon not less than 60 days’ notice to the Borrower and the Lenders, resign as Issuing Bank, or (ii) U.S. Bank may, upon not less than 60 days’ notice to the Borrower, resign as Swingline Lender.

More Definitions of U.S. Bank

U.S. Bank means a bank which qualifies to serve as a custodian of assets of investment companies under Section 17(f) of the 1940 Act.

U.S. Bank has the meaning specified in the introductory paragraph of the Participation Agreement.

U.S. Bank the meaning set forth in Rule 17f-5(a)(7).

U.S. Bank. U.S. Bank National Association, a national banking association.

U.S. Bank means U.S. Bank National Association, a national banking association, as successor to U.S. Bank Trust National Association, with a corporate trust office in Chicago, Illinois.

U.S. Bank. Defined in the Preamble.

U.S. Bank means a U.S. bank as defined in Rule 17f-5(a)(7) under the 1940 Act.