Non-Bank Rules definition

Non-Bank Rules means, together, the 10 Non-Bank Rule and the 20 Non-Bank Rule.

Non-Bank Rules means the Ten Non-Bank Rule and the Twenty Non-Bank Rule (each as defined below).

Non-Bank Rules means the Ten Non-Qualifying Bank Creditor Rule and the Twenty Non-Qualifying Bank Creditor Rule.

Examples of Non-Bank Rules in a sentence

• Each Lender confirms that it is a Swiss Qualifying Bank or, if not, a single person only for the purpose of the Swiss Non-Bank Rules and any other Person that shall become a Lender or a Participant pursuant to Section 9.04 of this Agreement shall be deemed to have confirmed that it is a Swiss Qualifying Bank or, if not, a single person only for the purpose of the Swiss Non-Bank Rules.

• The Swiss Borrower may request a Lender to confirm (i) whether or not it is (and each of its Participants are) a Qualifying Bank or (ii) whether it (or any of its Participants) does count as a single (1) person for purposes of the Swiss Non-Bank Rules, if it reasonably believes that that Lender’s status has changed during the term of this Agreement.

• Each Lender confirms that it is a Qualifying Bank or, if not, a single (1) person only for the purpose of the Swiss Non-Bank Rules and any other Person that shall become a Lender or a Participant pursuant to Section 9.04 shall be deemed to have confirmed that it is a Qualifying Bank or, if not, a single (1) person only for the purpose of Swiss Non-Bank Rules.

• For so long as Restricted Notes are outstanding, the Issuer will ensure that it is in compliance with the Non-Bank Rules, provided that the Issuer will not be in breach of this undertaking if either of the Non-Bank Rules are exceeded solely by the failure by one or more Noteholders to comply with the limitations set out in this Condition 15(a) or in Condition 15(b).

• Each Swiss Borrower shall ensure at any time that it is in compliance with the Swiss Non-Bank Rules.

More Definitions of Non-Bank Rules

Non-Bank Rules means the Ten Non-Bank Rule and the Twenty Non-Bank Rule; “Noteholder” has the meaning given to it in Condition 1 (Form, Denomination and Title);

Non-Bank Rules means the Ten Non-Bank Rule and the Twenty Non-Bank Rule.

Non-Bank Rules means the Swiss 10 Non-Bank Rule and the Swiss 20 Non-Bank Rule.

Non-Bank Rules means the Ten Non-Bank Rule and the Twenty Non-Bank Rule. Non-Qualifying Bank means a person other than a Qualifying Bank. Obligations means all obligations owing by the Company to the Lender for the payment of monies pursuant to the Agreement, whether direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, including all Expenses which the Company is required to pay or reimburse pursuant to the Agreement. Convertible Term Loan Facility Agreement 25 of 29 Person means any individual, trustee, sole proprietorship, partnership (general or limited), joint venture, trust, unincorporated organization, association, corporation, limited liability company, limited liability partnership and other entity or any Governmental Authority. Prepayment End Date shall mean the date that is twenty-one (21) Trading Days prior to the end of the Commitment Period

Non-Bank Rules means, together, the 10 Non-Bank Rule and the 20 Non-Bank Rule. "Obligor" means each Borrower or the Guarantor.

Non-Bank Rules means, together, the 10 Non-Bank Rule and the 20 Non-Bank Rule; “Non-Consenting Lender” shall have the meaning provided in Section 14.7(b);

Non-Bank Rules means, together, the 10 Non-Bank Rule and the 20 Non-Bank Rule. “Non-Debt Fund Affiliate” means an Affiliated Lender that is not a Debt Fund Affiliate.