Bank Assignment definition

Bank Assignment shall have the meaning specified in Section 8.1(a) of the Participation Agreement.

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Bank Assignment the Loan Transfer Supplement, dated as of December 22, 1997, among the Transferor Lenders and Credit Lyonnais, substantially in the form of Exhibit E to the Agreement.

Bank Assignment means, the Bank Assignment dated as of October 26, 2004 among the Transferor Banks and Calyon, substantially in the form of Exhibit E hereto.

Examples of Bank Assignment in a sentence

• In the event the probationary period is not satisfactorily completed the affected employee shall be returned to a Job Bank assignment for the remaining duration of the sixty (60) or thirty (30) calendar day Job Bank period, as applicable under “Job Bank Assignment, 2, without jeopardizing any “bumping”, layoff or transfer rights under the Agreement or other applicable authority.

• Each assignment pursuant to Section 13.08(b)(ii) shall be effected by the assigning Bank and the assignee Bank executing a Bank Assignment and Assumption Agreement substantially in the form of Exhibit G attached hereto (appropriately completed).

• Without limiting the generality of the foregoing, Alliance and Federated shall cooperate with each other preparing required Deutsche Bank Assignment Documents for the Insured Accounts, setting relevant dates and deadlines and resolving objections received in connection with such contemplated assignments.

• Each assignment pursuant to Section 13.08(b)(ii) shall be effected by the assigning Bank and the assignee Bank executing a Bank Assignment and Assumption Agreement substantially in the form of Exhibit G (appropriately completed).

• No Bank Assignment shall be effective unless a fully executed copy of the related Assignment and Assumption Agreement shall have been delivered to the Agent, the Owner Trustee, the Lessee and the Initial Lender.

• Accrued interest on that part of the predecessor Note evidenced by the new Note, and accrued fees, shall be paid as provided in the Bank Assignment Agreement.

• Such assignor Bank or such Assignee Bank must also pay a processing fee to the Administrative Agent upon delivery of any Bank Assignment Agreement in the amount of $3,500, it being understood that the Borrower shall not be obligated to reimburse such assignor Bank or Assignee Bank for such processing fee.

• All costs and expenses of the Agent and the assignor and assignee incurred in connection with any Bank Assignment shall be borne by the Owner Trustee (with funds provided by the Lessee as Supplemental Rent) and not by the assignor or any assignee.

• In the event that the Owner Trustee fails to deliver the Notice of Request for Renewal described in Section 8.3(b), then each Bank Lender shall be required to effectuate its Bank Assignment and to pay the purchase price therefor on the then applicable Bank Commitment Expiration Date.

• All reasonable out-of-pocket costs, expenses and fees of the Initial Lender and the Bank Lenders in connection with any Bank Assignment by the Initial Lender shall be paid by the Owner Trustee (with funds provided by the Lessee as Supplemental Rent) within 30 days after demand.

More Definitions of Bank Assignment

Bank Assignment means an assignment and acceptance entered into by an assigning Bank and an assignee Bank, and accepted by the Agent, in accordance with Section 8.07 and in substantially the form of Exhibit 8.07 hereto.

Bank Assignment means the Loan Transfer Supplement, dated as of February 11, 1998, among the Transferor Banks and Credit Lyonnais, substantially in the form of Exhibit K hereto.

Bank Assignment means the Assignment of Rights and Interests, dated as of the Conversion Date, from the Bank to Fannie Mae, and acknowledged and agreed to by the Borrower and the Trustee, as it may be amended, supplemented or restated from time to time; the Bank Assignment will be in substantially the form attached as an exhibit to the Construction Phase Financing Agreement, with such changes as will be approved or required by Fannie Mae.