APA Banks definition

APA Banks means the Persons listed on Annex I hereto (including, without limitation, Chase), and the Persons which from time to time may become a party hereto in accordance with Section 5.5(c).

APA Banks shall include the Funding Agent in its individual capacity as an APA Bank.

APA Banks means the Persons which from time to time may become a party to this Agreement as an APA Bank thereunder.

Examples of APA Banks in a sentence

• In the event that any Funding Agent receives such a notice, such Funding Agent shall give notice thereof to the CP Conduit Purchaser and APA Banks in its Purchaser Group.

• Such Funding Agent shall take such action with respect to such event as shall be reasonably directed by the CP Conduit Purchaser and APA Banks in its Purchaser Group, provided that unless and until such Funding Agent shall have received such directions, such Funding Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such event as it shall deem advisable in the best interests of the CP Conduit Purchaser and APA Banks in its Purchaser Group.

• In the event that any Funding Agent receives such a notice, such Funding Agent shall give notice thereof to the CP Conduit Purchaser and APA Banks in its CP Conduit Purchaser Group.

• Notwithstanding any other provision of this Supplement or any other agreement to the contrary, all payments to the Administrative Agent, the Non-Conduit Purchasers, the Funding Agents, the CP Conduit Purchasers and the APA Banks hereunder shall be made without set-off or counterclaim.

• Each Funding Agent with respect to a CP Conduit Purchaser shall have received payment of all fees, out-of-pocket expenses and other amounts due and payable to such CP Conduit Purchaser or the APA Banks with respect to such CP Conduit Purchaser on or before the Effective Date.

More Definitions of APA Banks

APA Banks shall have the meaning specified in the recitals hereto.

APA Banks shall have the meaning specified in the introductory paragraph hereto.

APA Banks shall have the meaning provided in the Asset Purchase Agreement. XVI. XVII. "Applicable Pass-Through Rate" shall mean, with respect to the Class A Securities, (a) with respect to any Business Day on which the Class A Securities are held for the benefit of the CP Vehicle, the CP Rate for the CP Vehicle, plus the Used Fee, (b) with respect to any Business Day on which the Class A Securities are held for the benefit of the APA Banks, the Bank Rate. XVIII.

APA Banks is defined in the recitals hereto.

APA Banks means the PARCO APA Banks and the Sheffield Assignees.

APA Banks collectively with PARCO and Sheffield, the “Lenders”) set forth on the signature page of the Loan Agreement (defined below) pursuant to the Asset-Backed Loan Agreement, dated as of ________, 2000 (the “Loan Agreement”) by and between Borrower, Lenders, Barclays Bank PLC and The Chase Manhattan Bank. Under the terms of the Loan Agreement, the Borrower will transfer (the “Transfer”) to the Lenders, a security interest in and to certain Receivables and Receivables Assets contributed to the Borrower by Memec, LLC from time to time, which Receivables are identified in a Daily Report concurrently delivered to the Borrower and identified in the Financing Statements described below, as security for the Borrower’s obligations under the Loan Agreement. This opinion is being furnished pursuant to Subsection 4.02(j) of the Loan Agreement. Capitalized terms used but not otherwise defined herein have the meanings ascribed in the Loan Agreement. In this letter, the term “Code” means the Uniform Commercial Code as currently in The Chase Manhattan Bank Park Avenue Receivables Corporation Sheffield Receivables Corporation , 2000 effect in the State of California, and the term “Proceeds” means all proceeds, as defined in the Code, of the Receivables.

APA Banks shall have the meaning assigned to such term in the preamble.