Additional Banks definition

Additional Banks has the meaning set forth in Section 2.21(d).
Additional Banks means any Person that hereafter becomes a signatory Party hereto as a lender to Borrower hereunder.
Additional Banks means the banking institutions that, within six (6) months of the Closing Date, (i) become a signatory hereto and (ii) are named in Exhibit B, provided that a banking institution cannot qualify as an Additional Bank if the Aggregate Loan Commitment of the Banks and the Additional Banks exceed $75,000,000.

Examples of Additional Banks in a sentence

  • The Existing Termination Date shall be extended only if Banks holding Commitments (not including the newly undertaken commitments of the Additional Banks) that aggregate more than 50% of the aggregate amount of the Commitments (not including the commitments of the Additional Banks) shall have agreed to extend the Existing Commitment Termination Date.

  • Sometimes candidates request up to a week to review the mission profile, discuss the possibilityof a move with their families and seek God’s guidance in the decision to have their names placed on the call list.

  • The sum of the increases in the Commitments of the existing Banks pursuant to this subsection (b) plus the Commitments of the Additional Banks shall not in the aggregate exceed the unsubscribed amount of the Increased Commitments.

  • Acquisition of Control of Additional Banks or Bank Holding Company.

  • The sum of the increases in the Commitments of the existing Banks pursuant to this paragraph (b) plus the Commitments of the Additional Banks shall not in the aggregate exceed the unsubscribed amount of the Additional Commitment Amount.

  • The sum of the increases in the Revolving Commitments of the Increasing Banks plus the Revolving Commitments of the Additional Banks upon giving effect to the Commitment Increase shall not in the aggregate exceed the amount of the Commitment Increase.

  • Each increase may be made by either (i) proportionally increasing, for one or more Banks, with their prior written consent, their respective Commitments, in increments of at least Five Million Dollars ($5,000,000) or (ii) by including one or more Additional Banks, each with a new Commitment of at least Twenty Five Million Dollars ($25,000,000), as a party to this Agreement (collectively, the “Additional Commitments”).

  • Increased Commitments; Additional Banks 24 ARTICLE 3 TAXES, YIELD PROTECTION AND ILLEGALITY Section 3.01.

  • Subject to the provisions of this Agreement, the Agent and the Banks agree that during the Syndications Period one or more banks may be included as Additional Banks into this Agreement to facilitate such increase in the Revolving Credit Commitments.

  • Commitment Increase; Additional Banks......................................................


More Definitions of Additional Banks

Additional Banks means each of the following:
Additional Banks has the meaning ascribed thereto in the preamble to this Agreement.
Additional Banks shall have the meaning given to such term in Section 2.10 hereof. "Additional Costs" shall have the meaning given to such term in Section 5.01 hereof.

Related to Additional Banks

  • Additional Bank has the meaning set forth in Section 2.17(b).

  • National bank means a national banking association

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Additional Lender Certificate has the meaning assigned to such term in Section 2.06(c)(ii)(F).

  • Additional Lender has the meaning set forth in Section 2.14(c).

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 24 (Changes to the Obligors).

  • Original Lenders shall have the meaning assigned to such term in the recitals hereto.

  • Purchasing Banks as defined in subsection 10.5(d).

  • New Lender Supplement as defined in Section 2.1(c).

  • Request regarding a statement of account means a record authenticated by a debtor requesting that the recipient approve or correct a statement indicating what the debtor believes to be the aggregate amount of unpaid obligations secured by collateral as of a specified date and reasonably identifying the transaction or relationship that is the subject of the request.

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Original Lender shall have the meaning assigned to such term in the recitals.

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Initial Issuing Banks has the meaning specified in the recital of parties to this Agreement.

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.