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 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.
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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)).
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Examples of Withdrawing Bank in a sentence

  • 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.

  • 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.

  • The last sentence of SECTION 2.11(a) of the Existing Agreement is amended by deleting everything after the reference to Section 5.5 therein and substituting the following therefor: "if any, and Cash Collateralize such Bank's Pro Rata Share of L/C Obligations, whereupon such Withdrawing Bank shall cease to be obligated to make further Loans hereunder, to participate in any Letter of Credit and its Commitment shall be reduced to zero and it shall be released from all its obligations under this Agreement".

  • The Loans of each Withdrawing Bank shall mature, unless earlier prepaid by the Borrower in accordance with Section 2.8 hereof, on the then-scheduled Maturity Date without giving effect to such proposed 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  • Any Note or Notes payable to a Previously Withdrawn Bank or Withdrawing Bank shall be subject to any amendment hereto which is dated after the date any such Previously Withdrawn Bank or Withdrawing Bank is no longer a party to this Agreement only if the terms of any such amendment applicable to payment of Notes are no less favorable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.

  • Such replacement shall only be permitted if it is not prohibited by the terms of any Letter of Credit and so long as no Default or Event of Default shall have occurred and be continuing hereunder, and such replacement shall only become effective when all amounts owing to the Withdrawing Bank have been paid in full to such Withdrawing Bank.

  • Hier ligt dus een taak voor het EMR: het stimuleren van bewustwording en visievor- ming ten aanzien van Meervoudig Ruimtegebruik onder bestuurders en ondernemers.

  • Each Bank making an Election (a "Withdrawing Bank") shall give the Borrowers, the Administrative Agent and the other Banks notice (a "Notice of Election") of its Election not more than ten Business Days after its receipt of a Notice of Acquisition and specifying the reason or reasons for its Election.

  • If such notice is received by any Bank within three (3) Business Days prior to the end of the Consent Period or after the Consent Period has expired, such Bank shall be permitted to give a Withdrawal Notice to the Borrower and the Agent within three (3) Business Days following such notice and shall thereafter be deemed a Withdrawing Bank for purposes of this Section 2.10.

  • The parties hereto acknowledge that the Revolving Credit Commitment of each Withdrawing Bank under the Original Loan Agreement has * been terminated.


More Definitions of Withdrawing Bank

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
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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
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Withdrawing Bank has the meaning ascribed to such term in Section 1.05(b).
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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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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.

  • Notifying Lender has the meaning given in Clause 23.1 or Clause 24.1 as the context requires;

  • 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 in each instance 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 a Defaulting Lender or a Lender as to which (a) the Administrative Agent or L/C Issuer has a good faith belief that such Lender has defaulted in fulfilling its obligations under one or more other syndicated credit facilities or (b) an entity that controls such Lender has been deemed insolvent or become the subject of a bankruptcy or insolvency proceeding.

  • Issuing Lender means WFF or any other Lender that, at the request of Administrative Borrower and with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender for the purpose of issuing L/Cs or L/C Undertakings pursuant to Section 2.12.

  • 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 12.1.2.

  • 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.