Reference Bank definition

Reference Bank. As defined in Section 4.04.

Reference Bank means any one of such Reference Banks.

Reference Bank. At any time, any of the banks acting as a Reference Bank at such time pursuant to Section 3.04.

Examples of Reference Bank in a sentence

• If any Reference Bank (acting through its relevant office) is unable or unwilling to continue to act as a Reference Bank, then the Issuer shall appoint another Reference Bank with an office in the Relevant Financial Centre to act as such in its place.

• If any Reference Bank (acting through its relevant office) is unable or unwilling to continue to act as a Reference Bank then the Issuer will appoint another Reference Bank with an office in the Relevant Banking Centre to act as such in its place.

• If only two quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided.

• The Calculation Agent may not resign its duties without a successor having been appointed as aforesaid.The appointment of another Reference Bank or Calculation Agent shall be published without delay by the Issuer in accordance with Condition 13.

• The determination of each Interest Rate, Interest Amount, the obtaining of each quote and the making of each determination or calculation by the Calculation Agent shall (in the absence of manifest error) be final and binding upon the Issuer, the Trustee and the Holders and neither the Calculation Agent, the Trustee nor any Reference Bank shall have any liability to the Holders in respect of any determination, calculation, quote or rate made or provided by it.

More Definitions of Reference Bank

Reference Bank. A leading bank with an established place of business in London engaged in transactions in Eurodollar deposits in the international Eurocurrency market, not controlled by, or under the common control with, the Trustee.

Reference Bank. Wells Fargo Bank, N.A. or if such entity is no longer lending money xx xx longer quoting a prime rate, such other entity as the Master Servicer may specify by written notice to the Servicer. Regulation AB: Subpart 229.1100 - Asset Backed Securities (Regulation AB), 17 C.F.R. ss.ss.229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been publicly provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

Reference Bank means Wachovia Bank, National Association, or such other bank as Agent may from time to time designate.

Reference Bank means First Union National Bank, or such other bank as Lender may from time to time designate.

Reference Bank. Not applicable.

Reference Bank means JPMorgan Chase Bank, its successors or any other commercial bank designated by the Agent to the Administrative Borrower from time to time.

Reference Bank means Citibank, N.A.