Initial Bank definition

Initial Bank means a Bank that was an original signatory to this Agreement.

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Initial Bank means a Bank party to this Agreement on the Closing Date.

Initial Bank means a Bank that is an original signatory to this Agreement.

Examples of Initial Bank in a sentence

• The Facility shall be made by the Initial Bank to the Borrower by way of a single Advance.

• The purpose of the Facility is to provide the Borrower with funds to finance the purchase of the Vessel and, accordingly, the Borrower shall apply all of the amounts raised by it hereunder in or towards such purpose (but so that neither the Agent nor the Initial Bank shall be obliged to concern itself with the application of amounts borrowed by the Borrower hereunder).

• Provided that no such fee shall be payable if such prepayment was made pursuant to a refinancing of the Loan granted by the Initial Bank or by a syndicate of banks of which the Initial Bank is an agent or an underwriter.

• No Initial Bank shall have any duty to disclose any information obtained or received by it or any of its Affiliates relating to any Loan Party or any of its Subsidiaries to the extent such information was obtained or received in any capacity other than as such Initial Bank.

• Concurrently with the effectiveness of the Initial Bank Credit Facility, the Person specified for such purpose in such Facility (who may be the Bank Agent) will, upon execution and delivery of a joinder agreement reasonably satisfactory to the Trustees, become a party to this Agreement and the Collateral Agent hereunder, and the Person named herein as the initial Collateral Agent shall be deemed to have resigned as such at such time.

More Definitions of Initial Bank

Initial Bank means a Bank party to this Agreement on the Closing ------------ Date.

Initial Bank means the Administrative Agent, the Collateral Agent, each Co-Documentation Agent, the Syndication Agent, the Structuring Agent, each Joint Bookrunning Manager and each Joint Lead Arranger.

Initial Bank means State Street Bank and Trust Company.

Initial Bank means Société Générale S.A. Frankfurt Branch, as original lender;

Initial Bank means Dexia Credit Local, acting through its New York Agency, the provider of the Initial Liquidity Facility.

Initial Bank means, collectively, State Street Bank and Trust Company, California State Teachers' Retirement System and California Public Employees' Retirement System and its successors and assigns.

Initial Bank means Regions Equipment Finance Corporation.