Bank Assignment Agreement definition

Bank Assignment Agreement has the meaning specified in the recitals to this Agreement.

Bank Assignment Agreement means the agreement for assignment of rights (claims) in respect of, inter alia, the rights (claims) of VTB Bank against OJSC under the Facility Agreement to be entered into between VTB Bank (as assignor) and the Purchaser (as assignee);

Bank Assignment Agreement means a Bank Assignment Agreement substantially in the form of Exhibit D hereto.

Examples of Bank Assignment Agreement in a sentence

• All notices and other communications provided to any party hereto under this Agreement or any other Loan Document shall be in writing or by facsimile and addressed, delivered or transmitted to such party at its address or facsimile number set forth below its signature hereto or set forth in the Bank Assignment Agreement or at such other address or facsimile number as may be designated by such party in a notice to the other parties.

• 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.

• The Borrower acknowledges and agrees that the payment (the "Assignment Payment") made on the Original Closing Date pursuant to Section 3(a)(i) of the Bank Assignment Agreement by BABC to those banks and other financial institutions party to the Original Credit Agreement with respect to the purchase of the outstanding loans made to the Borrower under the Original Credit Agreement shall constitute a Revolving Loan requested by the Borrower in the amount of such payment.

• 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.

• The representations and warranties of each Servicer or North Fork Bank with respect to the applicable Mortgage Loans in the related Servicing Agreement or related North Fork Assignment Agreement, which have been assigned to the Trustee hereunder, were made as of the date specified in such Servicing Agreement or North Fork Bank Assignment Agreement, as the case may be.

More Definitions of Bank Assignment Agreement

Bank Assignment Agreement has the meaning ascribed thereto in the recitals of this security agreement.

Bank Assignment Agreement. The Assignment and Recognition Agreement, dated as of the Closing Date, among IXIS, the Depositor and First Bank.

Bank Assignment Agreement means that certain Assignment and Assumption Agreement dated effective as of April 1, 1997, entered into by and among Bank One and Existing Banks, pursuant to which Bank One purchased and assumed certain rights and interests of Existing Banks under the Existing Credit Agreement.

Bank Assignment Agreement has the meaning specified in Section 0 of this Agreement.

Bank Assignment Agreement means (i) an agreement to be entered into ------------------------- between an Original Bank, as Assignor, and Barclays, as Assignee, substantially in the form of Exhibit A attached hereto, or (ii) an agreement to be entered --------- into between an Original Bank, as Assignor, and AGI Chile, as Assignee, substantially in the form of Exhibit B attached hereto. ---------

Bank Assignment Agreement. The Assignment and Recognition Agreement, dated as of January 30, 2007, by and among the Unaffiliated Seller, the Depositor and First Bank, and each other Assignment and Recognition Agreement by and among the Unaffiliated Seller, the Depositor and First Bank in connection with any Subsequent Transfer of First Bank Mortgage Loans.

Bank Assignment Agreement shall have the meaning given to such term in the recitals to this Credit Agreement. Bank Products shall mean each and any of the following types of services or facilities extended to any of the Credit Parties by BofA or any Affiliate of BofA or any other Lender (or any of its Affiliates) reasonably acceptable to the Administrative Agent (it being agreed by the Administrative Agent that each of the Lenders party to this Credit Agreement (and their respective Affiliates) on the Effective Date is reasonably acceptable to the Administrative Agent): (a) commercial credit cards; (b) cash management services (including controlled disbursement services, ACH Transactions, and interstate depository network services), (c) Hedge Agreements; and (d) foreign exchange; provided that Bank Products consisting of cash management services, including controlled disbursement services, and ACH Transactions may only be provided to a Credit Party by BofA or any Affiliate of BofA. Bankruptcy Code shall have the meaning given to such term in Section 9.1(e). Base Rate shall mean, for any day, the greater of (a) the rate of interest in effect for such day as publicly announced from time to time by BofA in Charlotte, North Carolina as its “prime rate” (the “prime rate” being a rate set by BofA based upon various factors including BofA’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate) or (b) the Federal Funds Rate in effect for such day, plus 0.50% per annum, provided, that, in the Administrative Agent’s sole discretion, such amount is subject to change at any time without notice to the Borrower (it being understood and agreed that no change shall be made under this proviso except as a result of a change in the above “prime rate” or Federal Funds Rate). With respect to any determination of any interest rate which is based on the Base Rate, any change in the prime rate announced by BofA shall take effect at the opening of business on the day specified in the public announcement of such change, and any change in the Federal Funds Rate shall take effect as of the date of such change.