Passport Bank definition

Passport Bank means OOO HSBC Bank (RR) 0, Xxxxxxxxxx xxxxxxxx, Xxxxxx 000000, Russian Federation or such other bank as approved by the Facility Agent Special Payment Procedure means the special payment procedure provided for under a certain disbursement facility agreement to be entered into by and between the Borrower, the Facility Agent and the Passport Bank. Subsidiary means an entity from time to time of which a person has direct or indirect control or owns directly or indirectly more than 50% of the share capital or similar right of ownership Supplemental Insurance Agreement means the supplemental agreement as per Clause 11.1

Passport Bank means The Royal Bank of Scotland ZAO or any other person approved by the Facility Agent.

Passport Bank means ING Bank (Eurasia) ZAO.

Examples of Passport Bank in a sentence

• Except as set forth below, the Borrower may utilise the Facility by delivery to the Facility Agent (with a copy to the Passport Bank) of a duly completed Utilisation Request not later than 10:00 a.m. on the day falling ten (10) Business Days before the proposed Utilisation Date (or, in relation to the first Utilisation Request, not later than 9:00 a.m. on the day falling ten (10) Business Days before the proposed Utilisation Date).

• The Borrower may agree that Joint Stock Commercial Bank «Rosbank» shall become the Passport Bank under the Amended Agreement and each Export Contract (the “New Passport Bank”), provided that the transfer of this role and all relevant transaction passports (pasporta sdelok) from the existing Passport Bank to Joint Stock Commercial Bank «Rosbank» must be completed to the satisfaction of the Facility Agent by no later than 15 Business Days after the Designated Date.

• The Borrower shall repay the Loans from its bank accounts with the Passport Bank, unless otherwise agreed between the Borrower and the Agent.

More Definitions of Passport Bank

Passport Bank means ING Bank (Eurasia) ZAO or another Russian authorised bank (as such term is defined in Instruction 117-I) selected by the Borrower and approved by the Agent.

Passport Bank means ING Bank (Eurasia) ZAO of Xxxxxxxxxxxxxxxxxxx Xxx 00, 000000 Xxxxxx, Russian Federation.

Passport Bank means ING Bank (Eurasia) ZAO, 36, Krasnoproletarskaya Xxxxxx, Xxxxxx 000000, Russian Federation or such other bank as approved by the Facility Agent

Passport Bank means ING Bank Eurasia ZAO acting in its capacity as transaction passport bank in relation to this Agreement in accordance with Instruction 117-I.

Passport Bank means ZAO Citibank.