Purchasing Banks definition

Purchasing Banks as defined in subsection 10.5(d).

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Purchasing Banks has the meaning specified in Section 10.6(c).

Purchasing Banks as defined in subsection 8.6(c).

Examples of Purchasing Banks in a sentence

• 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.

• On or promptly after the Transfer Effective Date specified in such Commitment Transfer Supplement, the Purchasing Bank and the Administrative Agent, on behalf of such Purchasing Bank, shall open and maintain in the name of each Borrower a Loan Account with respect to such Purchasing Bank's Committed Rate Loans and Bid Loans to such Borrower.

• To achieve the full amount of a requested increase and subject to the approval of the Administrative Agent, the Borrower may also invite one or more Purchasing Banks (each, an “Additional Commitment Bank”) to become Banks pursuant to a joinder agreement in form and substance satisfactory to the Administrative Agent and its counsel.

• The Affected Bank shall be obligated to sell its Advances of the Revolving Credit and/or Swing Line, as the case may be, and assign its commitments to such Purchasing Bank or Purchasing Banks within fifteen days after receiving notice from Company requiring it to do so, at an aggregate price equal to the outstanding principal amount thereof, plus unpaid interest accrued thereon up to but excluding the date of the sale.

More Definitions of Purchasing Banks

Purchasing Banks shall have the meaning assigned to that term in Section 10.12(c).

Purchasing Banks as defined in Section 14.7(b) of the Project Loan Agreement.

Purchasing Banks is defined in Section 12.11 hereof.

Purchasing Banks shall have the meaning specified in paragraph (c) of subsection 11.6 of this Amended and Restated Credit Agreement.

Purchasing Banks. [ ] Borrower: Indiantown Cogeneration, L.P. The undersigned, as Agent under the Letter of Credit and Reimbursement Agreement, dated as of October 10, 2003 by and among (i) Indiantown Cogeneration, L.P., a Delaware limited partnership (the "Borrower"), (ii) BNP Paribas, as initial bank (the "Initial Bank"), and the other Banks party thereto from time to time (collectively, the "Banks"), and (iii) Credit Lyonnais New York Branch, as agent for the Banks ("Agent") (as from time to time amended, supplemented or otherwise modified in accordance with the terms thereof, the "Letter of Credit Agreement") acknowledges receipt of [ ] ([ ]) copies of the Commitment Transfer Supplement as described in Annex I hereto, each fully executed. Terms defined in such Commitment Transfer Supplement are used herein as therein defined.

Purchasing Banks has the meaning set forth in Section 8.6 hereof. ----------------

Purchasing Banks has the meaning assigned to that term in Section 8.5(c).