Bank Services Agreement definition

Bank Services Agreement is defined in the definition of Bank Services.
Bank Services Agreement as defined in the definition ofBank Services.”
Bank Services Agreement is defined in the definition entitledBank Services” appearing alphabetically in this Section 13.1.”

Examples of Bank Services Agreement in a sentence

  • Regardless of the terms of any Bank Services Agreement, Borrower agrees that any amounts Borrower owes Bank thereunder shall be deemed to be Obligations hereunder and that it is the intent of Borrower and Bank to have all such Obligations secured by the first priority perfected security interest in the Collateral granted herein (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have superior priority to Bank’s Lien in this Agreement).

  • Regardless of the terms of any Bank Services Agreement, Borrower agrees that any amounts Borrower owes Bank thereunder shall be deemed to be Obligations hereunder and that it is the intent of Borrower and Bank to have all such Obligations secured by the first priority perfected security interest in the Collateral granted herein (subject only to Permitted Liens that may have superior priority to Bank’s Lien in this Agreement).

  • You may be eligible to receive compensation for providing certain services in respect of Shares of the Funds if you meet the requirements of and enter into a Bank Services Agreement with American Funds Service Company.

  • Regardless of the terms of any Bank Services Agreement, Borrower agrees that any amounts Borrower owes Bank thereunder shall be deemed to be Obligations hereunder and that it is the intent of Borrower and Bank to have all such Obligations secured by the first priority perfected security interest in the Collateral granted herein (subject only to Permitted Liens that expressly have superior priority to Bank’s Lien in this Agreement).

  • Services initiated after consummation of the Depository Bank Services Agreement shall carry charges and fees mutually agreed to, in writing, by the City and the financial institution.


More Definitions of Bank Services Agreement

Bank Services Agreement is defined in the definition ofBank Services” appearing alphabetically in this Section 13.1.”
Bank Services Agreement is defined in the definition of Bank Services. “Borrower” is defined in the preamble hereof. “Borrower’s Books” are all Borrower’s books and records including ledgers, federal and state tax returns, records regarding Borrower’s assets or liabilities, the Collateral, business operations or financial condition, and all computer programs or storage or any equipment containing such information. “Borrowing Base” is (a) eighty-five percent (85%) of Eligible Accounts (as determined by Bank from Borrower’s most recent Transaction Report) plus (b) during a Borrowing Base Enhancement Period, One Million Dollars ($1,000,000); provided, however, that Bank has the right to decrease the foregoing percentage in its reasonable discretion to mitigate the impact of events, conditions, contingencies, or risks which may adversely affect the Collateral or its value. “Borrowing Base Enhancement Period” is, on the Effective Date through the first anniversary of the Effective Date, the period (a) commencing on the day that Borrower demonstrates to Bank that Borrower has maintained for at least fifteen (15) Business Days an aggregate amount of unrestricted cash in one or more Deposit Accounts in the name of Borrower at Bank equal to or greater than Two Million Dollars ($2,000,000) (the “Borrowing Base Enhancement Balance”) and (b) terminating immediately at any time Borrower fails to maintain the Borrowing Base Enhancement Balance. In order to enter into any subsequent Borrowing Base Enhancement Period, Borrower must demonstrate to Bank compliance with the Borrowing Base Enhancement Balance. “Borrowing Resolutions” are, with respect to any Person, those resolutions adopted by such Person’s board of directors or managers, as applicable (and, if required under the terms of such Person’s Operating Documents, stockholders or members, as applicable) and delivered by such Person to Bank approving the Loan Documents to which such Person is a party and the transactions contemplated thereby, together with a certificate executed by its secretary on behalf of such Person certifying (a) such Person has the authority to execute, deliver, and perform its obligations under each of the Loan Documents to which it is a party, (b) that set forth as a part of or attached as an exhibit to such certificate is a true, correct, and complete copy of the resolutions then in full force and effect authorizing and ratifying the execution, delivery, and performance by such Person of the Loan Documents to which...
Bank Services Agreement has the meaning specified in the definition of Bank Services.
Bank Services Agreement is defined in the definition of Bank Services.” 11 The Loan Agreement shall be amended by deleting the following definitions, appearing in Section 13.1 thereof:
Bank Services Agreement is defined in the definition ofBank Services” in Section 13.1.”
Bank Services Agreement is defined in the definition of Bank
Bank Services Agreement is defined in the definition of Bank Services. “Board” is Borrower’s board of directors.