Matrix Bank definition

Matrix Bank means Matrix Capital Bank, a federal savings bank formerly named ▇▇▇▇ ▇▇▇ Savings Bank and a wholly owned Subsidiary of Borrower.
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Matrix Bank or "Matrix Capital Bank") (but no other markings) on each of the following portions of the Building: (i) at the top of the exterior of the Building on each of the following three (3) sides of the Building: (A) the side of the Building facing 16th Street, (B) the side of the Building facing 17th Street, and (C) the side of the Building facing California Street (collectively, the "Building Exterior Signs"); and (ii) on the podium level of the Building on each of the following two (2) sides of the Building: (A) the side of the Building facing 17th Street, and (B) the side of the Building facing California Street (collectively, the "Podium Level Signs"). Notwithstanding the foregoing, subject to Tenant obtaining the approval of all applicable governmental entities and Tenant's compliance with all applicable governmental laws and ordinances and the terms of this Section 22.17.2, Tenant may convert either or both of the Podium Level Signs from static signs to dynamic/electronic/reader signs displaying Tenant's logo and Tenant's name (as set forth above) and such other information thereon (such as, for example, time of day, outside temperature and stock quotes) as shall be approved by Landlord, in Landlord's sole and absolute discretion prior to Tenant's displaying the same. The approximate location of the Building Top Exterior Signs is depicted on Exhibit "H" attached hereto, and the approximate location of the Podium Level Signs is depicted on Exhibit "I" attached hereto. The graphics, materials, color, design, lettering, lighting, size, specifications, manner of affixing and exact location of the Building Top Exterior Signs and the Podium Level Signs (collectively, the "Exterior Signs") shall be subject to Landlord's approval. Tenant shall pay for all costs and expenses related to the Exterior Signs, including, without limitation, costs of the design, construction, installation, maintenance, insurance, utilities, repair and replacement of the Exterior Signs. Tenant shall install and maintain the Exterior Signs in compliance with all laws and subject to the applicable provisions of Articles 8 and 9 above. Tenant shall be responsible for maintaining insurance on the Exterior Signs as part of the insurance required to be carried by Tenant pursuant to Section 10.2 above.
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Matrix Bank. Matrix Capital Bank, a federal savings bank.
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Examples of Matrix Bank in a sentence

  • Borrower shall cause full payment and performance of the ---------- Obligation to be secured by Lender Liens on 100% of the present and future, issued and outstanding common stock of Matrix Bank now or in the future owned by Borrower.

  • Neither Borrower nor Matrix Bank may sell, ---------------------- assign, lease, transfer, or otherwise dispose of any of its assets (including, without limitation, equity interests in any other Company) except (a) sales and dispositions in the ordinary course of business for a fair and adequate consideration and (b) sales of assets which are obsolete or are no longer in use and which are not significant to the continuation of that Company's business.

  • Debt of Matrix Bank to Borrower to the extent that ----------- the creation of it constitutes a Permitted Investment.

  • Matrix Bank fails to maintain either (a) a "well ------------- capitalized" designation from OTS with respect to its minimum "Risk Based Capital," as defined in 12 C.F.R. (S) 565.4(b)(1), or (b) a "Risk Based Capital Ratio," in 12 C.F.R. (S) 567.2(a)(1) of not less than 10%.

  • Matrix Capital Bank, a federal savings bank ("Matrix Bank"), is a "qualified thrift lender" under HOLA, is a member of the Savings Association Insurance Fund ("SAIF"), its deposits are insured by the Federal Deposit Insurance Corporation ("FDIC") to the applicable limits of the SAIF, and is a member in good standing of the Federal Home Loan Bank of Dallas.

  • Solely as an inducement to Lenders to extend credit under -------- this agreement to Borrower and not in any way as a condition to or inducement to any other extensions of credit by any Lender to any other Company, Borrower shall cause each of its present and future Subsidiaries (other than Matrix Bank and Sterling Trust Company) to unconditionally guarantee the full payment of the Obligation by execution and delivery of a Guaranty.

  • Matrix Bank fails to maintain either (a) a "well -------------- capitalized" designation from OTS with respect to its "Leverage," as defined in 12 C.F.R. (S) 565.4(b)(1), or (b) a "Leverage Ratio," in 12 C.F.R. (S) 567.2(a)(2)(ii) of not less than 5.0%.

  • The ratio of the outstanding ------------------------------ principal balance of Commercial Loans owned by Matrix Bank to Total Capital of Matrix Bank to exceed 200%.

  • The ratio of the ------------------------------ outstanding principal balance of Commercial Loans owned by Matrix Bank to Total Capital of Matrix Bank to exceed 200%.

  • The Borrower shall not permit Matrix Bank to have a ratio (stated as a percentage) of Classified Assets to total assets at any time greater than: (a) 4% from January 1, 2003 to and including March 31, 2004, and (b) 3% at any time thereafter.