Funding Bank definition

Funding Bank shall have the meaning given to such term in Section 3.3 hereof.
Funding Bank means Bank One or any other bank designated by Lender as a Funding Bank.
Funding Bank shall have the meaning given to such term in Section 4.7.

Examples of Funding Bank in a sentence

  • The making of a Revolving Loan or a Swingline Loan under any Applicable Tranche by a Funding Affiliate hereunder shall utilize the Applicable Tranche Commitment of such Affiliate Funding Bank to the same extent, and as if, such Loan were made by such Affiliate Funding Bank.

  • Alternatively, Lender may, in its sole discretion, re-advance to Borrower all or any portion of an Excess Buydown by causing the Funding Bank to credit the Operating Account in that amount.

  • Monies credited to the Custodial Account shall be deposited in the Initial Funding Bank Account until either invested pursuant to Section 3.6(c) or transferred at the direction of the Fund to the other Bank Accounts to be used to purchase Assets.

  • The Fund shall, or shall direct the appropriate Persons, to deposit funds to be used for the purchase of Assets into the Bank Account designated by the Custodian for such purpose (the “Initial Funding Bank Account”), and shall direct the Custodian to transfer such funds to such other Bank Accounts for the purpose of purchasing Assets.

  • The Custodian shall provide to the Fund or Subsidiary wire instructions for the transmittal of funds to the Initial Funding Bank Account.


More Definitions of Funding Bank

Funding Bank means The First National Bank of Chicago or any other bank designated from time to time by the Lender.
Funding Bank means any banking institution approved by the Agent located within a country which country's currency has been approved by the Lenders as an Alternative Currency.
Funding Bank shall have the meaning set forth in Section 3.7 hereof.
Funding Bank means Wachovia or any other banking or financial institution from whom any of the Lenders borrow funds or obtain credit.
Funding Bank has the meaning set forth in the preamble hereto.
Funding Bank means (a) in the case of Revolving Loans, any banking institution approved by the Agent located within a country whose currency has been approved by the Lenders as an Alternative Currency and (b) in the case of Competitive Bid Loans, any banking institution approved by the applicable Competitive Bid Lender located within a country whose currency has been approved by such Competitive Bid Lender as an Alternative Currency for a particular Competitive Bid Loan; provided that in the case of the Euro, the Funding Bank may be located in any Participating Member State.
Funding Bank is defined in Section 4.9.