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)).
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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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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.

  • 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").

  • The Withdrawing Bank shall have no further duties or obligations under the Original Loan Agreement after the date hereof.

  • 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.

  • Promptly upon the Closing Date, each Withdrawing Bank hereby agrees to promptly xxxx "Cancelled" the Note held by it pursuant to the Credit Agreement and return the same to the Agent (who shall promptly forward the same to the Borrower).

  • Many of the questions in this section have been designed to crosswalk with questions that appear on the nursing home MDS assessment and the residential care home/assisted living residence Resident Assessment tool.

  • The 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.

  • 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.

  • For the measure provided for in Article 22(1) of Regulation (EC) No 1698/2005, the Member States shall verify compliance with the business plan according to Article 13(3) of Regulation (EC) No 1974/2006 by administrative checks and, on a sample basis, by on-the-spot checks.

  • The Borrowers, within five Business Days of receipt of a Notice of Election, shall pay to such Withdrawing Bank all Facility Fees on the amount of its Commitment so terminated, accrued through the date of payment.


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.
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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 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 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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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 such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

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

  • 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 L/C Issuer or the Administrative Agent 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 WFCF or any other Lender that, at the request of Borrower and with the consent of Agent, agrees, in such Lender’s sole discretion, to become an Issuing Lender for the purpose of issuing Letters of Credit or Reimbursement Undertakings pursuant to Section 2.11 of the Agreement and the Issuing Lender shall be a Lender.

  • 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 has the meaning specified in Section 8.07(h).

  • 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.

  • Lead Lender means a lending insti- tution having a direct contractual rela- tionship with a borrower to advance funds, which institution sells or as- signs an interest or interests in such loan to one or more other lenders.

  • 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).