Withdrawing Bank definition

Withdrawing Bank means each such Existing Bank that does not communicate to the Administrative Agent its intention to be a Continuing Bank.
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Withdrawing Bank means a Facility A Withdrawing Bank (as defined in Section 2.6(a)) or a Facility B Withdrawing Bank (as defined in Section 2.6(a)). 1.2.
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Withdrawing Bank has the meaning ascribed to such term in Section 1.05(b).
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Examples of Withdrawing Bank in a sentence

  • Each Withdrawing Bank shall duly cancel and return to the Borrowers the promissory note issued to it under the Original Loan Agreement immediately after it receives payment in full of all amounts owing to it under the Original Loan Agreement.

  • If the Agent is a Withdrawing Bank, it will resign as Agent pursuant to the terms of Section 10.8. The Agent shall promptly notify the existing Banks of any Bank that becomes a Withdrawing Bank.

  • If the Borrower 30 receives the consent of Facility A Banks having 66-2/3% or more, but less than 100%, of the Facility A Commitments, and the Borrower elects not to cancel the requested extension, the Facility A Termination Date shall be extended by one year, provided, however, that the Facility A Commitment of each Facility A Withdrawing Bank shall terminate on the then applicable Facility A Termination Date without giving any effect to such extension.

  • Each Withdrawing Bank shall duly cancel and return to the Borrower the promissory notes issued to it under the Original Loan Agreement immediately after it receives payment in full of all amounts owing to it under the Original Loan Agreement.

  • In our opinion, the financial statement schedule presents fairly, in all material respects, the information set forth therein when read in conjunction with the related consolidated financial statements.

  • Such extension shall not be effective with respect to a Bank (i) which, by a notice (a "WITHDRAWAL NOTICE") to the Company and the Agent during the Consent Period, declines to consent to such extension or (ii) which has failed to respond to the Company and the Agent within the Consent Period (each such Bank giving a Withdrawal Notice or failing to respond in a timely manner being called a "WITHDRAWING BANK" and each Bank other than a Withdrawing Bank being called a "CONTINUING BANK").

  • If the Borrower receives the consent of Facility B Banks having 66-2/3% or more, but less than 100%, of the Facility B Commitments, and the Borrower elects not to cancel the requested extension, the Facility B Termination Date shall be extended by 364 days, provided, however, that the Facility B Commitment of each Facility B Withdrawing Bank shall terminate on the then applicable Facility B Termination Date without giving any effect to such extension.

  • Any Note or Notes payable to a Previously Withdrawn Bank or Withdrawing Bank shall be subject to any amendment hereto which is dated after the date any such Previously Withdrawn Bank or Withdrawing Bank is no longer a party to this Agreement only if the terms of any such amendment applicable to payment of Notes are no less favorable than the terms of this Agreement.

  • Each Withdrawing Bank agrees to execute such additional instruments as are reasonably requested by the Administrative Agent or the Collateral Agent to effect this assignment.

  • Subject to all other provisions of this Agreement, payment of all Notes payable to any holder of Senior Debt, including a Previously Withdrawn Bank or Withdrawing Bank, shall not be prepaid prior to the stated maturity thereof without the prior written consent of the Required Banks, not including any Withdrawing Bank.


More Definitions of Withdrawing Bank

Withdrawing Bank means any Bank that delivers a Withdrawal Notice to the Company pursuant to the provisions of the definition of the term `Termination Date' in this Section 1.01.
Sample 1
Withdrawing Bank means each such Existing Bank that does not communicate to the Administrative Agent its intention to be a Continuing Bank. 1.2 Computation of Time Periods; Other Definitional Provisions. In this Agreement and the other Loan Documents in the computation of periods of time from a specified date to a later specified date, the word “from” shall mean “from and including” and the words NEWY1\8114089.7
Sample 1
Withdrawing Bank means and includes each financial institution that is a party, as a Bank, to the Existing Credit Agreement, but is not a Bank under this Agreement.
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Withdrawing Bank has the meaning specified in Section 2.13(d).
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Withdrawing Bank means each such Existing Bank that does not communicate to the Administrative Agent its intention to be a Continuing
Sample 1

Related to Withdrawing Bank

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Departing Lender means each lender under the Existing Credit Agreement that executes and delivers to the Administrative Agent a Departing Lender Signature Page.

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

  • Fronting Lender means, as to any Letter of Credit transaction hereunder, Agent as issuer of the Letter of Credit, or, in the event that Agent either shall be unable to issue or shall agree that another Lender may issue, a Letter of Credit, such other Lender as shall agree to issue the Letter of Credit in its own name, but on behalf of the Lenders hereunder.

  • PPP Lender means JPMorgan Chase Bank, N.A.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • U.S. Swingline Lender means JPMorgan Chase Bank, N.A., in its capacity as lender of U.S. Swingline Loans hereunder.

  • Exiting Lender see Section 2.17.7.

  • Impacted Lender means any Lender as to which (a) L/C Issuer has a good faith belief that the Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that controls the Lender has been deemed insolvent or become subject to a bankruptcy or other similar proceeding.

  • Issuing Lender means, with respect to any Letter of Credit, the Lender which agrees or is otherwise obligated to issue such Letter of Credit, determined as provided in subsection 3.1B(ii).

  • Swing Lender means Xxxxx Fargo or any other Lender that, at the request of Borrowers and with the consent of Agent agrees, in such Lender’s sole discretion, to become the Swing Lender under Section 2.3(b) of the Agreement.

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

  • Fronting Bank means each Lender identified as a “Fronting Bank” on Schedule II and any other Lender (in each case, acting directly or through an Affiliate) that delivers an instrument in form and substance satisfactory to the Borrowers and the Administrative Agent whereby such other Lender (or its Affiliate) agrees to act as “Fronting Bank” hereunder and that specifies the maximum aggregate Stated Amount of Letters of Credit that such other Lender (or its Affiliates) will agree to issue hereunder.

  • Issuing Bank means JPMorgan Chase Bank, N.A., in its capacity as the issuer of Letters of Credit hereunder, and its successors in such capacity as provided in Section 2.06(i). The Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates of the Issuing Bank, in which case the term “Issuing Bank” shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.

  • Designating Lender means, with respect to each Designated Lender, the Lender that designated such Designated Lender pursuant to Section 9.07(a).

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • Swing Line Lender means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder.

  • Issuing Lender Fees shall have the meaning set forth in Section 2.5(c).

  • Swing Line Bank has the meaning specified in the recital of parties to this Agreement.

  • Canadian Swingline Lender means JPMorgan Chase Bank, N.A., Toronto Branch, in its capacity as lender of Canadian Swingline Loans hereunder.

  • Issuing Lenders means all such Persons, collectively.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Consenting Lender has the meaning specified in Section 2.19(b).

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.