Bank Security definition

Bank Security means any “Security” or any “Undertaking to Secure” in each case as defined in the Credit Agreement.
Bank Security means the security created in favour of the Secured Lenders (as that term is defined in the relevant Security Documents) by the Security Documents;
Bank Security means any “Security” as defined in the Credit Agreement. “Banks” means the lenders from time to time a party to the Credit Agreement. “Blocked Person” is defined in Section 5.16(a). “Business Day” means (a) for the purposes of Section 8 . 9 only, any day other than a Saturday, a Sunday or a day on which commercial banks in New York City are required or authorized to be closed, and (b) for the purposes of any other provision of this Agreement, any day other than a Saturday, a Sunday or a day on which commercial banks in ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ are required or authorized to be closed . Schedule B - 2 4894 - 1149 - 4424 v2

Examples of Bank Security in a sentence

  • The Procuring Agency shall issue Purchase Order on the same date of signing of Contract after ensuring the submission of Bank Security for execution of the contract by the Contractor.

  • The Borrower hereby indemnifies the Bank, its officers, directors, employees, agents and shareholders, and agrees to hold each of them harmless from all loss, claims, damages and expenses (including legal and audit expenses) which may be suffered or incurred in connection with the indebtedness under this Agreement or in connection with the Bank Security.

  • It must describe Supplier’s network infrastructure and security procedures and controls that protect Confidential Information on a basis that meets or exceeds the Bank Security Requirements.

  • Funds in Discover Bank Security Deposit Accounts are insured by the Federal Deposit Insurance Corporation ("FDIC") up to the maximum allowable limits.

  • No course of conduct by the Bank will give rise to any reasonable expectation which is in any way inconsistent with the terms and conditions of this Agreement and the Bank Security or the Bank's rights thereunder.


More Definitions of Bank Security

Bank Security means all security held by the Bank for repayment of the Bank Debt;
Bank Security shall have the meaning ascribed to such term in the Intercreditor Agreement.
Bank Security means all Encumbrances entered into in connection with the Bank Debt;
Bank Security means any and all security granted by CWCO and/or Cayman Water to the Bank pursuant to the Loan Agreement, including but not limited to:
Bank Security means each and every security referred to in Article 9 of the VL Credit Agreement and includes all contracts and documents pursuant to which said security is now or hereafter granted or which are accessory to the granting of same and includes, without limitation, the security documents listed in Schedule "A" hereto;
Bank Security means all Security other than the Notes Security.
Bank Security means, individually or collectively, all Security granted or to be granted by the Borrower and the Guarantor to the Bank to guarantee the repayment of the Bank Debt;