Ancillary Bank definition

Ancillary Bank means any Bank which becomes an Ancillary Bank by the operation of Clause 7.
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Ancillary Bank means a Revolving Bank in its capacity as provider of Ancillary Facilities;
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Ancillary Bank means each Revolving Bank which becomes an Ancillary Bank by operation of Clause 8 (ANCILLARY FACILITIES).
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Examples of Ancillary Bank in a sentence

  • Ancillary Bank set off rights Advised re set off rights (pre and post insolvency) where there is a syndicated loan, intercreditor agreement, flawed asset account, debenture and set-off and netting agreement.

  • Each Nominated Affiliate shall upon the Delivery Date acquire such rights and assume such obligations under the Senior Finance Documents (including without limitation to be a Secured Beneficiary as defined therein) to and against the parties hereto as if it were an Ancillary Bank at the date of this Agreement.

  • From the date of delivery of any executed Nominee Notice (the "Delivery Date") by a Nominating Bank in respect of a nominated Affiliate such Nominated Affiliate shall become an Ancillary Bank for the purposes of this Agreement and in particular this Clause 7.

  • Any decision which will affect the rights or obligation of any Ancillary Bank will require its consent also subject as specifically provided otherwise in the Senior Finance Documents.

  • Individual healthcare organizations or other relevant jurisdictional authorities may have specific requirements for assessing decision-making capacity.

  • Subject to the terms of this Agreement, an Ancillary Bank may provide overdraft, current account and cash advance facilities, forward foreign exchange facilities, bonding, guarantee and letter of credit facilities and/or such other facilities as that Ancillary Bank may agree with the relevant Borrower in place of all or part of its Revolving Facility Commitment, provided that the aggregate amount of all Ancillary Facilities shall at no time exceed a Euro Amount of EUR 30,000,000.

  • The Revolving Commitment of each Ancillary Bank shall be reduced PRO TANTO by the amount of its Ancillary Commitment but shall automatically increase upon that Ancillary Facility ceasing to be available to the relevant Borrower or upon the Ancillary Facility being cancelled in accordance with Clause 8.12 (CANCELLATION OF ANCILLARY FACILITY).

  • FACILITY Subject to Clauses 8.2 (REQUEST FOR ANCILLARY FACILITY) and 8.3 (THE ANCILLARY BANK) above, the terms governing any Ancillary Facility shall be those determined by agreement between the Ancillary Bank and the Revolving Borrower concerned, provided that such terms are based upon normal commercial terms, save as may be varied by this Agreement.

  • FACILITY Subject to Clause 8.2 (REQUEST FOR ANCILLARY FACILITY) and Clause 8.3 (THE ANCILLARY BANK) above, the terms governing any Ancillary Facility shall be those determined by agreement between the Ancillary Bank and the Borrower concerned, PROVIDED THAT such terms are based upon commercial terms standard in the relevant market.

  • COMMITMENT The Available Revolving Commitment of each Ancillary Bank shall be reduced PRO TANTO by the amount of its Ancillary Commitment but shall automatically increase upon that Ancillary Facility ceasing to be available to the relevant Revolving Borrower or upon the Ancillary Facility being cancelled in accordance with Clause 8.12 (CANCELLATION OF ANCILLARY FACILITY).


More Definitions of Ancillary Bank

Ancillary Bank has the meaning given to it in the Syndicated Facility Agreement.
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Ancillary Bank means each Bank which becomes an Ancillary Bank by operation of clause 4.16 and includes their respective successors in title, assignees and transferees;
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Ancillary Bank means a Bank which is making available an Ancillary Facility. NY:791404.13
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Related to Ancillary Bank

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Ancillary Lender means each Lender (or Affiliate of a Lender) which makes available an Ancillary Facility in accordance with Clause 7 (Ancillary Facilities).

  • Seller Ancillary Documents means all agreements, instruments and documents being or to be executed and delivered by Seller or any of its Affiliates under this Agreement or in connection herewith.

  • Buyer Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Buyer under this Agreement or in connection herewith.

  • Ancillary Fees With respect to any Serviced Loan, any and all demand fees, beneficiary statement charges, fees for insufficient or returned checks and other usual and customary charges and fees (other than Modification Fees, Consent Fees, Penalty Charges, Assumption Fees, assumption application fees and defeasance fees) actually received from the related Mortgagor.

  • Ancillary Assets means sovereign debt in the currency of denomination of the ETP Securities with an original maturity of less than one month which is rated at least A-1 by Standard & Poor's Ratings Services, and/or P-1 by Moody's Investors Service Ltd. and/or F1 by Fitch Ratings Limited.

  • Ancillary Agreements means all agreements, certificates and other instruments delivered or given pursuant to this Agreement.

  • Company Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by the Company under this Agreement or in connection herewith.

  • Ancillary Commitment means, in relation to an Ancillary Lender and an Ancillary Facility, the maximum Base Currency Amount which that Ancillary Lender has agreed (whether or not subject to satisfaction of conditions precedent) to make available from time to time under an Ancillary Facility and which has been authorised as such under Clause 7 (Ancillary Facilities), to the extent that amount is not cancelled or reduced under this Agreement or the Ancillary Documents relating to that Ancillary Facility.

  • Ancillary Agreement has the meaning set forth in the Separation Agreement.

  • Ancillary Documents means each agreement, instrument or document attached hereto as an Exhibit, and the other agreements, certificates and instruments to be executed or delivered by any of the Parties hereto in connection with or pursuant to this Agreement.

  • Ancillary Document has the meaning assigned to it in Section 9.06(b).

  • Transaction Parties As defined in Section 5.3(o).

  • Ancillary Services means those services that are necessary to support the transmission of capacity and energy from resources to loads while maintaining reliable operation of the Transmission Provider’s Transmission System in accordance with Good Utility Practice. Applicable Laws and Regulations:

  • Ancillary service means a supplemental service that supports the diagnosis or treatment of the patient’s condition. Examples include diagnostic testing or screening services and rehabilitative services such as physical or occupational therapy.

  • Transaction Agreements means the Securities Purchase Agreement, the Debentures, the Joint Escrow Instructions, the Security Agreement, the Registration Rights Agreement, and the Warrants and includes all ancillary documents referred to in those agreements.

  • Seller Parent has the meaning set forth in the Preamble.

  • Buyer Documents has the meaning set forth in Section 5.2.

  • Borrower Documents means, collectively, this Agreement, each Note and each Security Agreement, and each other instrument, agreement or document executed by the Borrower in connection with this Agreement or otherwise and each other instrument, agreement or document between the Borrower and the Lender in respect of any Obligations, as the same may be amended, modified or extended from time to time.

  • Regulatory Services Provider means the organization which provides regulatory services to BSEF pursuant to a Regulatory Services Agreement.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • HKSCC means Hong Kong Securities Clearing Company Limited;

  • Transactional Agreements means:

  • Ancillary Facility means any ancillary facility made available by an Ancillary Lender in accordance with Clause 6 (Ancillary Facilities).

  • Group Companies means the Company and its Subsidiaries.

  • Ancillary state means any state other than a domiciliary state.