Guarantee Bank definition

Guarantee Bank. (Ngân Hàng Bảo Lãnh) means Vietnam Technological and Commercial Joint Stock Bank (Techcombank).

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Guarantee Bank means, as the context may require, (a) RBC Europe Limited, (b) DNB Bank ASA with respect to Bank Guarantees outstanding under the SDAIII Facility Agreement immediately prior to the Third Amendment Effective Date, (c) any other person that may become a Guarantee Bank pursuant to Sections 2.18(i) and (j) with respect to Bank Guarantees issued by such other person, and/or (d) collectively, all of the foregoing. The Guarantee Bank may, subject to the consent of Borrower, not to be unreasonably withheld or delayed, arrange for one or more Bank Guarantees to be issued by one or more of its Affiliates (and such Affiliate shall be deemed to be a “Guarantee Bank” for all purposes of the Loan Documents). In the event that there is more than one Guarantee Bank at any time, references herein and in the other Loan Documents to the Guarantee Bank shall be deemed to refer to the Guarantee Bank in respect of the applicable Bank Guarantee or to all Guarantee Banks, as the context requires. Each Guarantee Bank (or one of its Affiliates), with Borrower’s prior written consent (which consent shall not be unreasonably withheld or delayed), may cause Bank Guarantees to be issued by unaffiliated financial institutions, and such Bank Guarantees shall be treated as issued by such Guarantee Bank (or one of its Affiliates) for all purposes under the Loan Documents (it being understood and agreed that, in any event, Borrower hereby consents to HSBC Bank plc and its Affiliates as being such an unaffiliated financial institution of any Guarantee Bank hereunder).

Guarantee Bank means ING Bank N.V., with its registered seat at Amstelveenseweg 500, 1081 KL Amsterdam, The Netherlands, a company li▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇er of the Chamber of Commerce and Industry for Amsterdam under the file no. 33031431, acting in Bulgaria through its Sofia branch, registered with Sofia City Court, Company File 113▇▇/▇▇, ▇▇▇▇▇ 18182, Volume 227, Register 1, page 168, BULSTAT K831553811, having its registered office at 12 Emil Bersinski Street, Ivan Vazov Region, Sofia 1408.

Examples of Guarantee Bank in a sentence

If security deposit is submitted in the form of Bank Guarantee (Bank Guarantee from any of the public sector banks or a private sector bank authorized to conduct government business as per format enclosed as Appendix ‘E’), the same should be lodged in favour of Brig ASC, HQ 4 Corps.
Borrower shall pay such Lender, the Issuing Bank or the Guarantee Bank, as the case may be, the amount shown as due on any such certificate within ten Business Days after receipt thereof.
A certificate as to the amount of such payment or liability (setting forth in reasonable detail the calculation of and the basis for such amounts) delivered to Borrower by a Lender, the Issuing Bank or the Guarantee Bank (in each case, with a copy delivered concurrently to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, the Issuing Bank or the Guarantee Bank, shall be conclusive absent manifest error.
All such payments shall be made to the Administrative Agent at its offices at ▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇, Attn: Manager Loans Agency, except payments to be made directly to the Issuing Bank or the Guarantee Bank, as the case may be, as expressly provided herein and except that payments pursuant to Sections 2.12, 2.13, 2.15 and 11.03 shall be made directly to the persons entitled thereto and payments pursuant to other Loan Documents shall be made to the persons specified therein.
The protection of this Section 2.12 shall be available to each Lender, the Issuing Bank and the Guarantee Bank regardless of any possible contention of the invalidity or inapplicability of the Change in Law that shall have occurred or been imposed.
Borrower shall pay all reasonable out-of-pocket costs and expenses incurred by any Lender, the Issuing Bank or the Guarantee Bank in connection with any such designation or assignment.
Any other fees payable to the Guarantee Bank pursuant to this Section 2.05(d) shall be payable within 20 Business Days (or, to the extent not adverse to the interest of any other Lender or the Guarantee Bank, such longer period as the Guarantee Bank may agree in writing in its sole discretion) after written demand therefor.
All Fees shall be paid on the dates due, in immediately available funds in Dollars, to the Administrative Agent for distribution, if and as appropriate, among the Lenders, except that Borrower shall pay (i) the Fees provided under Sections 2.05(b) and (e) directly to the applicable Agents and (ii) the Fees provided under clause (ii) of each of Sections 2.05(c) and (d) directly to the Issuing Bank or the Guarantee Bank, as applicable.
In the event that it shall be unlawful for any Bank to make available its Commitment or maintain or fund its participation in any Utilisation, then such Bank’s obligations shall terminate and all amounts owing by the Obligors to such Bank shall become due and payable on demand by such Bank through the Agent and the Obligors shall, if that Bank is the Guarantee Bank, release that the Guarantee Bank from its participation in the Letter of Credit in a manner reasonably acceptable to the Guarantee Bank.
The Pledged Mortgage Bond was issued under the Twenty-Fifth Supplemental Indenture dated as of March 29, 2012 between the Company and The Bank of New York Mellon, as trustee (the “Twenty-Fifth Supplemental Mortgage Indenture”), which supplements the First Mortgage dated October 1, 1947 from the Company to The Bank of New York Mellon, as trustee (the “Mortgage Trustee”), as successor trustee to Guarantee Bank and Trust Company, as supplemented to date and from time to time hereafter (the “Mortgage”).

More Definitions of Guarantee Bank

Guarantee Bank means, as the context may require, (a) RBC Europe Limited, (b) any other person that may become a Guarantee Bank pursuant to Sections 2.18(i) and (j) with respect to Bank Guarantees issued by such other person, and/or (c) collectively, all of the foregoing. The Guarantee Bank may, subject to the consent of Borrower, not to be unreasonably withheld or delayed, arrange for one or more Bank Guarantees to be issued by one or more of its Affiliates (and such Affiliate shall be deemed to be a “Guarantee Bank” for all purposes of the Loan Documents). In the event that there is more than one Guarantee Bank at any time, references herein and in the other Loan Documents to the Guarantee Bank shall be deemed to refer to the Guarantee Bank in respect of the applicable Bank Guarantee or to all Guarantee Banks, as the context requires.

Guarantee Bank means FirstRand Bank Limited (acting through its Rand Merchant Bank division), a public listed company with limited liability duly incorporated in accordance with the laws of South Africa, having its registered office at ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ and Rivonia Road, South Africa, registered with the South African Companies and Intellectual Property Commission under registration number 1929/001225/06;