Substitute Bank definition

Substitute Bank means a commercial bank or savings and loan association which has issued a Substitute Letter of Credit.
Substitute Bank see Section 13.2.
Substitute Bank means the issuer of a Substitute Letter of Credit, which issuer must be acceptable to Lender in its sole discretion.

Examples of Substitute Bank in a sentence

  • But Pelet’s fury subsided; a fortnight sufficed for its rise, progress, and extinction: in that space of time the dismissal of the obnoxious teacher had been effected in the neighbouring house, and in the same interval I had declared my resolution to follow and find out my pupil, and upon my application for her address being refused, I had summarily resigned my own post.

  • The style of the complaint names “JP Morgan Chase Bank, Mortgage Holder, and Chase Bank, N.A., as Substitute Bank and Trustee” as the defendants.

  • Pursuant to Clause 25(d) of the Liquidity Facility Agreement, if a Ratings Downgrade Event occurs and any of the Rating Agencies so specify by giving notice to the Liquidity Facility Provider and the Issuer, the Issuer is required to make a Stand-by Drawing in an amount equal to the Available Commitment if the Liquidity Facility Provider and the Issuer are unable to arrange for a Substitute Bank to provide a facility to the Issuer within 60 days of notice of the Ratings Downgrade Event.

  • Police officers Substitute Bank Holidays Bank holidays are designated in line with Police Regulations.

  • Selon les informations reçues, le 31 juillet 2005, Pascal Kabungulu, défenseur des droits de l’homme, a été assassiné à Bukavu.


More Definitions of Substitute Bank

Substitute Bank shall have the meaning provided in Section 13.04(c).
Substitute Bank means the issuer of any Alternate Credit Facility.
Substitute Bank means a commercial bank, bank and trust company, national bank, savings and loan association or savings bank organized and doing business in the United States or a branch or agency of a foreign commercial bank located and doing business in the United States and subject to regulation by state or federal banking regulatory authorities.
Substitute Bank has the meaning set forth in Section 2.08(d)(i) hereof.
Substitute Bank means (A) a commercial bank (i) registered with the Ministry of Finance for purposes of Article 195 of the Mexican Income Tax Law and (ii) resident (or the principal office of which is a resident, if lending through a branch or agency) for tax purposes in a jurisdiction (or a branch or agency of a financial institution that is a resident of a jurisdiction) that is party to an income tax treaty with Mexico that is in effect on the date of substitution, acceptable to the Company and the Administrative Agent, each of whose consent will not be unreasonably withheld (including a bank that is already a Bank hereunder) that assumes the Commitment of a Bank, or is an assignee of the Loan of a Bank, pursuant to the terms of this Agreement or (B) a multiple banking institution (institución de banca múltiple) that is organized as a sociedad anónima under Mexican law and is authorized to engage in the business of banking by the Ministry of Finance.
Substitute Bank means the issuer of a Substitute Credit Facility which meets the standards set forth in Section 210 hereof.
Substitute Bank shall have the meaning set forth in Section 15.2.