Applicable Banks definition

Applicable Banks. With respect to the Dollar Facility, the Revolving Credit Loans, the Letters of Credit, the Term Loan or the Dollar Agent, the Dollar Banks; with respect to the Gold Facility, the Consignments, the Gold Loans or the Gold Agent, the Gold Banks.
Applicable Banks means (a) with respect to each Applicable Margin Change Notice or any Commitment Fee Change Notice that in either case would increase the Applicable Margin or the Commitment Fee Rate, the Required Banks, and (b) with respect to all other Applicable Margin Change Notices and Commitment Fee Change Notices, all Banks.
Applicable Banks means, (i) with respect to any Tranche A Loan or Tranche A Swing Line Advance, the Tranche A Banks; and (ii) with respect to any Tranche B Loan or Tranche B Swing Line Advance, the Tranche B Banks.

Examples of Applicable Banks in a sentence

  • Upon the effective date of any such reduction or termination, each Borrower severally (and neither jointly nor jointly and severally) shall pay to the Administrative Agent for the respective accounts of the Applicable Banks the full amount of any commitment fee then accrued on the amount of the reduction.

  • Promptly after receiving any notice of the Borrowers delivered pursuant to this Section 2.5(a), the Administrative Agent will notify the Applicable Banks of the substance thereof.


More Definitions of Applicable Banks

Applicable Banks. Base Rate Loans", Commitment", "Dollar Facility Loans", "Eurodollar Rate Loans", "Loans", "Majority Banks", "Notes", "Total Commitment" and "Type" to read in their respective entireties as follows: 129 -2-
Applicable Banks means (a) with respect to any Facility A Commitments and Facility A Advances, the Facility A Banks, and (b) with respect to any Facility B Commitments and Facility B Advances, the Facility B Banks. "Applicable Facility Fee Rate" means, on any date and with respect to each Commitment whether used or unused, the applicable fee (in basis points) set forth below based on the type of Commitment and the Applicable Rating Level on such date (provided, however, that on the Effective Date the Applicable Rating Level shall be deemed to be Level III): Applicable Rating Level Applicable Facility Fee Rate (in basis points) _______________________ ______________________________________________ Facility A Commitments Facility B Commitments ______________________ _______________________ Level I 5.5 4.0 Level II 7.0 5.0 Level III 8.0 6.0 Level IV 10.0 6.0 Level V 12.5 6.0 Level VI 15.0 6.0
Applicable Banks include Bank of America in its individual capacity. 11.9.

Related to Applicable Banks

  • Administrative Agent’s Account means, for each Currency, an account in respect of such Currency designated by the Administrative Agent in a notice to the Borrower and the Lenders.

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • 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.