Bank Approval definition

Bank Approval means prior, written approval following written request of Borrower, such approval not to be unreasonably withheld, conditioned or delayed.
Bank Approval means a notice given by the Insurers to the Insured with respect to a Bank stipulating specific terms and the amount of the Credit Limit for the Bank and any specific conditions or changes to the insurance coverage applicable to Eligible Contracts that require payment by an ILC issued or confirmed by such Bank; and
Bank Approval means the approval of the Required Lenders (as such term is defined in the Credit Agreement) of the Company's issuance of the Option and of the terms thereof and of any amendments to the Credit Agreement required to permit the issuance of the Option and the exercise thereof.

Examples of Bank Approval in a sentence

  • The Borrower shall not assign or transfer any of its rights or obligations under any of the Loan Documents without prior Unanimous Bank Approval.

  • If the proposed Transaction supports any purchase of used equipment, a Request for Ex-Im Bank Approval of Used Equipment accompanied by a Used Equipment Questionnaire has been previously submitted to Ex-Im Bank.

  • An Ex-Im Bank Approval may not be changed, discharged or terminated (except as expressly provided herein) without the written consent of the parties hereto, and no provision thereof may be waived without the written consent of the party to be bound thereby.

  • Bank Approval Date of the Procurement PlanInitial / Original: 14 May 2009, Revised October 2009 3.

  • Due Diligence; Bank Approval of Third-Party Sender and Originators.


More Definitions of Bank Approval

Bank Approval. The approval of the Bank for the execution of the Transaction and the cancellation and removal of the Bank Securities in the form attached hereto as APPENDIX 4.O. or in any other form, between the Bank and the Purchaser's bank.
Bank Approval means that certain requisite governmental approval or governmental approvals the receipt of which is necessary in order to expand the deposit-taking capacity of Xxxxxx Business Bank beyond that currently permitted by the FDIC.
Bank Approval means prior, written approval following written request of Borrower, such
Bank Approval means the approval of the Required Lenders (as such term is defined in the Credit Agreement) of the Company's issuance of the Option and of
Bank Approval means the unconditional written consent under the Bank Loan Agreement delivered by the Security Agent (on behalf of itself and the Banks) to (i) the transfer of the Golar M2023 Shares and the Golar M2026 Shares (as defined in the Asset Transfer Agreement) from the Seller to the Company pursuant to the Asset Transfer Agreement, (ii) any change contemplated by Section 21.7 of the Bank Loan Agreement in connection with the Transaction and (iii) and any other consents required under the Bank Loan Agreement to consummate the transactions contemplated by this Agreement, the Subscription Agreement and/or the Shareholders’ Agreement, in each case on terms satisfactory to Stonepeak.
Bank Approval is defined in Section 5.1(a).
Bank Approval as used in this letter agreement shall have the same meaning as in the Stock Agreement, but all references in the definition thereof in the Stock Agreement to "this Agreement" and to the "Use of Proceeds" shall be deemed to be references to the Stock Agreement as modified by this letter agreement and to the Revised Use of Proceeds, respectively.