Bank Purchasers definition

Bank Purchasers means, collectively, CIBC and each other financial institution, if any, that becomes a party to the Receivables Backup Purchase Agreements, and their respective successors and assigns.
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Bank Purchasers means, collectively, Citibank, N.A. and HSBC USA, Inc. (each, individually, a “Bank Purchaser”).
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Bank Purchasers means Citibank, Danske and each Eligible Assignee that shall become a party to this Agreement pursuant to Section 10.03.
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Examples of Bank Purchasers in a sentence

  • Reductions of the aggregate Commitments pursuant to this subsection 2.2(a) shall be allocated pro rata among the Bank Purchasers in accordance with each Bank Purchaser’s Funding Percentage.

  • At any time, any Funding Agent may upon the request of the Residual Interest Owner and the consent of all of the other Funding Agents (which consent may be withheld in their sole discretion), increase the Commitments of the Bank Purchasers.

  • All Investment of the Related Bank Purchasers shall be allocated to one or more Tranches reflecting the Discount Rates at which such Investment accrues Discount and the Tranche Periods for which such Discount Rates apply.

  • Upon any such request, subject to the terms and conditions of this Agreement, the Conduit Purchasers may, in their sole discretion, purchase such interest, or, if any such Conduit Purchaser decides not to purchase such interest, the Related Bank Purchasers for such Conduit Purchaser shall purchase such interest.

  • All Discount accrued on the Investment of the Related Bank Purchasers during a Tranche Period shall be payable by the Seller on the last day of such Tranche Period or, for a Eurodollar Tranche with a Tranche Period of more than three months, 90 days after the commencement, and on the last day, of such Tranche Period.

  • From time to time, at the direction of the Co-Agents or either of the Co-Agents acting individually, any payments required to be made to the Purchaser shall be made to the accounts of the Bank Purchasers ratably in proportion to their respective Commitments.

  • The Funding Seller may, at any time and from time to time, request in writing, with a copy to each of the Purchasing Entities, that the Bank Purchasers decrease the Funding Limit (a “Funding Limit Decrease Request”); provided that no such requested decrease shall be in an amount less than $10,000,000 and the aggregate of all of such requested decreases shall not exceed 20% of the greatest Funding Limit at any time since the Closing Date.

  • The parties shall not disclose any Confidential Information to anyone, except to any assignees, potential assignees, the Bank Purchasers, potential participants, or any of their respective directors, managers, executives, employees, affiliates, auditors, lawyers, advisors, authorized agents and/or duly appointed representatives who have a specific and reasonable interest in knowing, viewing and using such Confidential Information and agree to be bound by the confidentiality provisions of this Section 12.

  • During the pendency of a Termination Event, the applicable Purchaser Agent, upon notice to all other Purchaser Agents, may reallocate any outstanding Investment of the Related Bank Purchasers to a Prime Tranche.

  • If a Conduit Purchaser delivers such notice, each relevant Related Bank Purchaser shall sell to such Conduit Purchaser and such Conduit Purchaser shall purchase in full from each such Related Bank Purchaser, the Investment of the Related Bank Purchasers on the last day of the relevant Tranche Periods, at a purchase price equal to such Investment plus accrued and unpaid Discount thereon.


More Definitions of Bank Purchasers

Bank Purchasers means each Person listed as such (and its respective Commitment) as set forth on Schedule II or in any Transfer Supplement.
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Bank Purchasers. CIBC", "Funded Debt", "Interface SPC", "Receivables Backup Purchase Agreements", "Receivables Sale Agreements", "Receivables Subordinated Notes", "Receivables Transfer Agreements", and "SPARCC."
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Bank Purchasers mean the Purchasers identified as Bank Purchasers on the signature pages hereto, and each of their successors, assigns and direct and indirect transferees that are party to a Swap Agreement (each, individually, a "Bank Purchaser").
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Bank Purchasers means Citibank, N.A. and HSBC USA Inc., and their Affiliates that acquire beneficial ownership of Securities in a Permitted Transfer (each a “Bank Purchaser”).
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Related to Bank Purchasers

  • Additional Purchasers means purchasers of Additional Notes.

  • Original Purchasers means RBC Capital Markets, LLC, Chicago, Illinois, and the other original purchasers designated by the Fiscal Officer in the Certificate of Award.

  • Purchasers is defined in Section 12.3.1.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • Backstop Parties means, collectively, the Initial Backstop Parties and the Additional Backstop Parties.

  • Purchasing Banks as defined in subsection 10.5(d).

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Selling Lender has the meaning specified in Section 11.7 (

  • Conduit Purchaser means each commercial paper conduit that is a party to this Agreement, as a purchaser, or that becomes a party to this Agreement, as a purchaser pursuant to an Assumption Agreement, Transfer Supplement or otherwise.

  • Purchasing Lenders shall have the meaning set forth in Section 9.6(c).

  • Other Purchasers is defined in Section 2.

  • Required Purchasers means the Purchasers holding a majority of the Registrable Securities.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • New Lenders has the meaning set forth in Section 2.16(c).

  • Purchaser means the organization purchasing the goods.

  • State Purchasing Agent means the director of the purchasing division of the general services department.

  • Committed Purchaser means each Person listed as such as set forth on the signature pages of this Agreement.

  • Exiting Lender see Section 2.17.7.

  • Assignee Lender is defined in Section 10.11.1.

  • Non-BA Lender means a Lender that cannot or does not as a matter of policy accept or purchase Bankers’ Acceptances.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Bank Lenders means the banks and financial institutions party to the Bank Credit Agreement.

  • Bank Parties means Administrative Agent and the Banks.