Existing bank definition

Existing bank means a bank or national banking association that is a party to a consolidation agreement and is engaged in the business of banking before the consolidation or merger provided for in the consolidation agreement.

Existing bank means a savings bank, national banking association, or state chartered bank engaged in the business of banking prior to the consolidation under this section.

Existing bank means a bank engaged in the business of banking before the consolidation provided in this section.

Examples of Existing bank in a sentence

• A “CANCELLED” original cheque leaf of the New bank account as well as the Existing bank account (if any) currently registered with SBIMF under their respective folios (where the first holder’s/investor’s name is printed on the face of the cheque).2.

• Details with respect to the Debtors’ cash management system and bank accounts are also provided in the Cash Management Motion and the Final Order (I) Authorizing the Debtors to (A) Continue to Operate their Cash Management System and Maintain Existing bank Accounts,(B) Continue to Perform Intercompany Transactions, and (C) Maintain Existing Business Forms, and (II) Granting Related Relief [Docket No. 731].

• Any changes indicated below will apply to all insurance and annuity contracts and any Financial Planning Service Agreement.Existing/Old bank account is now closed Existing bank account is still open Financial Planning Services FeeRefer to your Financial Planning Services Agreement with Thrivent Investment Management Inc.

• Existing bank covenants require the group to maintain a combination of available cash balances and banking facilities sufficient to cover certain requirements for the succeeding 12 months.

• Existing bank liquidity risk management approaches, including liquidity stress tests, and supervisory regimes were shown to be inadequate in fully grasping risks inherent to the underlying market practices, such as originate-to-distribute securitization, use of complex derivative instruments and reliance on wholesale funding with short-term maturity instruments.

More Definitions of Existing bank

Existing bank has the meaning specified in Section 2.19(c).

Existing bank is defined in Section 2.24(c).

Existing bank means a banking company specified in column 1 of the First Schedule, being a company the deposits of which, as shown in the return as on the last Friday of June, 1969, furnished to the Reserve Bank under section 27 of the Banking Regulation Act, 1949 (10 of 1949), were not less than rupees fifty crores;

Existing bank means each Person which was a "Bank" under, and as defined in, the Existing Credit Agreement immediately prior to the Restatement Effective Date.

Existing bank means a Bank (as defined in the Existing Credit Agreement).

Existing bank means each Person which was a Bank under, and as defined in, the Second Amended and Restated Credit Agreement.

Existing bank has the meaning ascribed to such term in Section 2.14(e) hereof.