Eligible Bank. Either (i) Buyer, or (ii) a bank selected by Seller and approved by Buyer in writing and authorized to conduct trust and other banking business in any state in which Seller conducts operations.
Eligible Bank. NP Bank is an eligible bank, as defined in 12 C.F.R. Section 5.3(g), and NPB and NP Bank will take all reasonable steps necessary to use a streamlined merger application and obtain an expedited review of the Merger from the OCC, as contemplated by 12 C.F.R. Sections 5.33(i) and (j).
Eligible Bank. The Collection Account and the Interest Reserve Account is held at an Eligible Bank or at a Bank that was an Eligible Bank in the precedent thirty (30) days.
Eligible Bank. The Borrower shall not permit the Collection Account or the Interest Reserve Account to be held at a Bank other than an Eligible Bank, provided that if a Bank at which the Collection Account or the Interest Reserve Account is held ceases to be an Eligible Bank, the Master Servicer shall upon discovery thereof (i) promptly notify the Structuring Advisor thereof, and (ii) promptly (and in any event within 30 days) (x) instruct all Obligors to cease making payments to the Collection Account at such Bank and instead make payments to a new depositary account, clearing account, collection account or similar account subject to a Control Agreement and at a Bank that is an Eligible Bank and (y) provide the Administrative Agent and the Structuring Advisor all agreements and documents that any of them may reasonably request in connection therewith.
Eligible Bank. As defined in the Specified Senior Secured Credit Agreement.
Eligible Bank a bank or trust company that (i) is organized and existing under the laws of the United States of America or Canada, or any state, territory, province or possession thereof, (ii) as of the time of the making or acquisition of an Investment in such bank or trust company, has combined capital and surplus in excess of $500,000,000 and (iii) the senior Debt of which is rated least “A” or the equivalent thereof from S&P or “A-2” or the equivalent thereof from Xxxxx’x (or an equivalent rating by any other nationally recognized rating agency).
Eligible Bank. Bank is an eligible bank, as defined in 12 C.F.R. Section 5.3(g), and NPB and Bank will take all reasonable steps necessary to use a streamlined merger application (the "Merger Application") and obtain an expedited review of the Merger from the OCC, as contemplated by 12 C.F.R. Sections 5.33(i) and (j).
Eligible Bank. Either (a) a banking institution capable of issuing an Eligible Letter of Credit, the unsecured long-term senior debt obligations (or long-term deposits) of which are rated “A+” or better by S&P or “A1” by Xxxxx’x or (b) such other banking, financial or similar institution acceptable to the Control Party.
Eligible Bank. Either (i) Administrative Agent, or (ii) a bank selected by Seller and approved by Administrative Agent in writing and authorized to conduct trust and other banking business in any state in which Seller conducts operations.
Eligible Bank. 75 Encumbrances..................................................................24
