Purchasing Bank definition

Purchasing Bank shall have the meaning assigned to that term in Section 9.05 hereof.
Purchasing Bank shall have the meaning set forth in Section 11.7.
Purchasing Bank means a Bank which becomes a party to this Agreement by executing an Assignment and Assumption Agreement.

Examples of Purchasing Bank in a sentence

  • Such Transfer Supplement shall be deemed to amend this Agreement and Schedule 1 to the extent, and only to the extent, necessary to reflect the addition of such Purchasing Bank as a Bank and the resulting adjustment of the Commitments, if any, arising from the purchase by such Purchasing Bank of all or a portion of the Credit Exposure of such transferor Bank.

  • Promptly after the consummation of any transfer to a Purchasing Bank pursuant hereto, the transferor Bank, the Administrative Agent and the Borrower shall make appropriate arrangements so that a replacement Note (if requested) is issued to such transferor Bank and a new Note (if requested) is issued to such Purchasing Bank, in each case in principal amounts reflecting such transfer and, if applicable, in exchange for the Notes issued to such transferor Bank prior to such assignment.

  • Upon such sale, the Purchasing Bank or Purchasing Banks shall assume the Affected Bank's commitment, and the Affected Bank shall be released from its obligations hereunder to a corresponding extent.

  • Upon such sale, the Purchasing Bank or Purchasing Banks shall assume the Affected Bank’s commitment, and the Affected Bank shall be released from its obligations hereunder to a corresponding extent.

  • From and after the Transfer Effective Date each Purchasing Bank shall be a Bank party to the Credit Agreement for all purposes thereof.


More Definitions of Purchasing Bank

Purchasing Bank has the meaning set forth in Section 9.9(a).
Purchasing Bank shall have the meaning assigned to that term in Section 13.5(c).
Purchasing Bank shall have the respective meanings ascribed thereto in Section 2.19.
Purchasing Bank as defined in subsection 9.6(b).
Purchasing Bank has the meaning specified in Section 2.17(a).
Purchasing Bank is defined in Section 10.11(b). --------------- ----------------
Purchasing Bank has the meaning assigned to such term in subsection 9.6(b).