Affected Bank definition

Affected Bank has the meaning specified in Section 3.07.
Affected Bank has the meaning specified in Section 2.15.
Affected Bank. A “bank” for purposes of Section 881 of the Code or an entity affiliated with such a bank that is neither (x) a United States Person nor (y) entitled to the benefits of an income tax treaty with the United States under which withholding taxes on interest payments made by obligors resident in the United States to such bank are reduced to 0%.

Examples of Affected Bank in a sentence

  • After its replacement, an Affected Bank shall remain entitled to the benefits of Sections 3.01, 3.06, 10.13 and 12.04 in respect of the period prior to its replacement.

  • After any termination as provided in this 50 paragraph, an Affected Bank shall remain entitled to the benefits of Sections 3.01, 3.06, 10.13 and 12.04 in respect of the period prior to such termination.


More Definitions of Affected Bank

Affected Bank means any Bank that has given notice to the Company (which has not been rescinded) of (i) any obligation by the Company to pay any amount pursuant to Section 7.6 or 8.1 or (ii) the occurrence of any circumstances of the nature described in Section 8.2 or 8.3. Affiliate of any Person means (i) any other Person which, directly or indirectly, controls or is controlled by or is under common control with such Person and (ii) any officer or director of such Person.
Affected Bank has the meaning set forth in Section 8.06.
Affected Bank shall have the meaning assigned to that term in Section 6.6.
Affected Bank as defined in Section 2.18(b).
Affected Bank is defined in Section 2.17 hereof.
Affected Bank means any Bank that (i) has made, or notified any Account Party that an event or circumstance has occurred which may give rise to, a demand for compensation under Section 2.06(a) or (b) or Section 2.08 (but only so long as the event or circumstance giving rise to such demand or notice is continuing) or (ii) is a Downgraded Bank.
Affected Bank shall have the meaning ascribed thereto in Section 2.19.