Bank Product Agreement definition

Bank Product Agreement means any agreement between one or more Obligors and a Bank Product Provider evidencing the making available of any Bank Product by such Bank Product Provider to such Obligor. The foregoing includes, without limitation, Swap Agreements.

Bank Product Agreement means any agreement evidencing Bank Product Obligations.

Bank Product Agreement means any agreement or arrangement to provide Bank Products described in the definition thereof.

Examples of Bank Product Agreement in a sentence

• In addition, each Secured Bank Product Provider, by virtue of entering into a Bank Product Agreement, shall be automatically deemed to have agreed that each Agent shall have the right, but shall have no obligation, to establish, maintain, relax, or release reserves in respect of the Secured Bank Product Obligations and that if reserves are established there is no obligation on the part of any Agent to determine or insure whether the amount of any such reserve is appropriate or not.

• Each Agent hereby agrees to act as agent for such Secured Bank Product Providers and, by virtue of entering into a Bank Product Agreement, the applicable Secured Bank Product Provider shall be automatically deemed to have appointed each Agent as its agent and to have accepted the benefits of the Loan Documents.

More Definitions of Bank Product Agreement

Bank Product Agreement means any agreement entered into by the Borrowers or any Restricted Subsidiary with a Bank Product Provider in connection with Bank Products.

Bank Product Agreement means an agreement entered into at any time by any Credit Party with Agent, a Lender or an Affiliate of Agent or a Lender, governing the terms and conditions with respect to a Bank Product provided by Agent, a Lender or an Affiliate of Agent or a Lender to any Credit Party.

Bank Product Agreement means any agreement or arrangement to provide cash management services, including treasury, depository, overdraft, credit card processing, credit or debit card, purchase card, electronic funds transfer and other cash management arrangements.

Bank Product Agreement means any agreement for any service or facility extended to any Grantor or any of its subsidiaries by a First Lien Secured Party including: (a) credit cards, (b) debit cards, (c) purchase cards, (d) credit card, debit card and purchase card processing services, (e) treasury, cash management or related services (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and the Large Value Transfer System operated by the Canadian Payments Association for the processing of electronic funds), (f) cash management, including controlled disbursement, accounts or services, (g) return items, netting, overdraft and interstate depositary network services, (h) Hedging Agreements, or (i) any other Cash Management Products and Services (as defined in the First Lien Loan Agreement).

Bank Product Agreement means an agreement or other arrangement under which Bank Products are provided.

Bank Product Agreement means any agreement or arrangement to provide Bank Products described in the definition thereof;

Bank Product Agreement means any agreement pursuant to which a First Lien Bank Product Affiliate agrees to provide Bank Products to a Loan Party.