Lead Bank definition

Lead Bank means Svenska Handelsbanken AB (publ) or another Issuing Agent that may take over this role in the future by agreement with the Company.
Lead Bank means State Bank of India, which has highest admitted claim as a secured financial creditor under the liquidation of the Company;
Lead Bank means SunTrust Bank, and its successors (whether by consolidation, merger, conversion, transfer of substantially all of its assets and business or otherwise).

Examples of Lead Bank in a sentence

  • If this Clause 11 (Changes to the calculation of interest) applies, the Lead Bank shall, as soon as is practicable (and in no event later than one Business Day after the occurrence thereof), notify the Borrower.

  • The Borrower shall not agree to grant sub-participations in respect of Collateral Obligations without the prior written consent of the Lead Bank.

  • The Parent shall promptly notify the Facility Agent, Lead Bank and Lenders upon becoming a Business Development Company.

  • For the avoidance of doubt, any information provided to the Lead Bank pursuant to this Clause 20 may be shared with the Senior Lenders.

  • The Senior Lenders or the Lead Bank on their behalf shall promptly notify (which may be by email) the Facility Agent and the Borrower of such satisfaction.


More Definitions of Lead Bank

Lead Bank means a financial institution that is funding the project and is designated as such by the inter-institutional group or consortium of financial institutions, provided the risk exposure of IIFCL is less than that of the lead bank in a project.
Lead Bank or “Union Bank of India” shall mean Union Bank of India, the lead bank having its office at Union Bank of India, Stressed Asset Management Branch, 104, Bharat House, Ground Floor, MS Marg, Mumbai – 400 023.
Lead Bank means each of BT, Fleet and TD, in each case in its capacity as a Bank.
Lead Bank means U.S. Bank National Association, and its successors (whether by consolidation, merger, conversion, transfer of substantially all of its assets and business or otherwise).
Lead Bank means the State Bank of India, a body corporate constituted under the State Bank of India Act, 1955, with its Registered Office at State Bank Bhavan, Madame Cama Road,
Lead Bank means either the MPF Provider or a MPF Bank, as the case may be, with respect to any of its Master Commitments which contains one or more Designated Delivery Commitments.
Lead Bank means the State Bank of India, a body corporate constituted under the State Bank of India Act, 1955, with its Corporate Centre at State Bank Bhavan, Madame Cama Road, Mumbai 400 021 and having its Project Finance and Structuring Strategic Business Unit at Mafatlal Centre, 4th Floor, Nariman Point, Mumbai – 400021.