Panel Bank definition

Panel Bank means a bank with a place on the administrator of LIBOR’s panel (the BBA’s panel during the Relevant Period) for contributing LIBOR submissions in one or more currencies;

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Panel Bank means a supervised entity that contributes Input Data to NoRe located within the European Economic Area that meets the criteria for inclusion on the Benchmarks panel as is either:

Panel Bank means a bank with a place on the BBA panel for contributing LIBOR submissions in one or more currencies.

Examples of Panel Bank in a sentence

The Financial Supervisory Authority of Norway has verified that the NIBOR Panel Bank Code of Conduct complies with the Benchmarks Regulation.
The Cash Manager shall in providing such instructions act in accordance with the Panel Bank Guidelines and the Cash Management Agreement and upon receipt of such instructions from the Cash Manager or Funding in relation to placing such amounts with Eligible Banks, the parties agree that Account Bank A is acting in accordance with and subject to the Eligible Bank Terms and Conditions and has the benefit of the rights and is subject to the obligations set out therein.
With regard to the instructions provided under sub-paragraph (iii) above, the Cash Manager will, in providing such instructions, act in accordance with the Panel Bank Guidelines.
With regard to the instructions provided under paragraph (ii) above, the Cash Manager will, in providing such instructions, act in accordance with the Panel Bank Guidelines.
The Cash Manager shall ensure that all cash deposited with a Panel Bank (including) the Agent Account Bank) is recorded on the Panel Bank Ledger.

More Definitions of Panel Bank

Panel Bank means each bank awarded with the reference bank status in accordance with the CNB Notification which submits data for calculation of PRIBOR.

Panel Bank means a bank with a place on the panel of the administrator of LIBOR (the British Bankers’ Association, during the Relevant Period) for contributing LIBOR submissions in one or more currencies;

Panel Bank means a contributing bank, other than RBS, who submitted LIBOR to the BBA in one or more currencies. Six Panel Banks are specifically referred to in this notice, from Panel Bank 1 to 6.

Panel Bank means a bank with a place on the BBA panel for contributing LIBOR submissions in one or more currencies. Panel Banks 1 to 8 are referred to in this notice. Panel Banks 1, 4 and 5 are as referred to in the UBS Final Notice;

Panel Bank means a bank other than UBS with a place on the BBA panel for contributing LIBOR submissions in one or more currencies, or a place on the EBF panel for contributing EURIBOR submissions. Five Panel Banks are referred to in this Notice, from Panel Bank 1 to 5.

Panel Bank means a bank with a place on the BBA panel for contributing LIBOR

Panel Bank means a contributing bank, other than Deutsche Bank, with a place on the BBA panel for contributing LIBOR submissions in one or more currencies, or a place on the EBF panel for contributing EURIBOR submissions.