Bank Notice definition

Bank Notice has the meaning set for in Section 3.1(b).
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Bank Notice means a notice (a) from the Seller or WMECO to any Lock-Box Bank, in substantially the form of Exhibit C-1 or in such other form as is acceptable to the Agent, or (b) from the Purchaser to the bank at which the Collection Account is maintained, in substantially the form of Exhibit C-2 or in such other form as is acceptable to the Agent.
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Bank Notice has the meaning set forth in the Receivables Purchase Agreement.
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Examples of Bank Notice in a sentence

  • If the Parties have not agreed to a Substitute Letter of Credit and Buyer fails to provide a Notice during the Ineligible LC Bank Notice Period above, then Seller may continue providing the Letter of Credit posted immediately prior to the LC Notice.

  • This credit line will mature ten (10) years from the date of Bank Notice of approval.

  • Promptly following the delivery of any Bank Notice (and in any event, within 60 minutes following any delivery thereof, provided that any delivery thereof shall occur by 5:00 p.m., New York City time), each Bank shall deposit in the designated account of the Administrative Agent in immediately available funds the proceeds of such Bank’s pro rata share of the requested Advance.

  • Promptly following the delivery of any Bank Notice relating to any request for a Revolving Loan under an Applicable Tranche (and in any event, prior to the Applicable Bank Funding Deadline), each Applicable Bank shall deposit in an account designated by the Administrative Agent for such purpose (and notified by the Administrative Agent to the Applicable Banks) in immediately available funds the proceeds of such Applicable Bank’s Applicable Percentage of the requested Advance.

  • Within 45 days of receipt of the Investment Bank Notice, the Board of Directors shall appoint an investment banking firm to seek and report on candidates interested in entering into a Corporate Transaction, with a view toward maximizing stockholder value.

  • Ineligible LC Bank: Has the meaning set forth in Section 9.3(c)(i)(A).Ineligible LC Bank Notice Period: Has the meaning set forth in Section 9.3(c)(i).

  • As specified by the HKMA in Banking (Specification of Multilateral Development Bank) Notice (Cap.

  • If Energy Spectrum elects to give the Company the Alternative Investment Bank Notice, the Company shall relinquish its rights under this Section 3.2, and the parties' rights under this Article 3 shall be governed by Section 3.3.

  • If the Company does not give Energy Spectrum the Company's response of its selection (the "Company Response") within the 45-day period described in this Section 3.2, Energy Spectrum may elect, in its sole discretion, to give the Company the Alternative Investment Bank Notice as set forth in Section 3.3(a).

  • Fair values of lease receivables and investment assets are calculated by grouping these assets according to their internal ratings and maturities, and discounting the aggre- gate principal and interest by the assumed interest rate for similar new agreements.


More Definitions of Bank Notice

Bank Notice means the notice of the existence of the Pledge and of the security interest created thereunder over the Collateral as referred to in paragraph 2.1(b), substantially in the form set out in Schedule A hereto.
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Bank Notice means a letter substantially in the form of Exhibit VII hereto from Customer to Citibank F.S.B., Connecticut acknowledged and accepted by such Bank and each Lender.
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Related to Bank Notice

  • Written Notice means a notice or communication in writing and shall be deemed to have been duly served if delivered in persons to the individual or to a member of the contractors firm or to an office of the company for whom it is intended, or if delivered at or sent by registered mail to the last business address known to him who gives the notice.

  • Funding Notice means a notice substantially in the form of Exhibit A-1.

  • Notice means notice in writing;

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;