Relevant Bank definition

Relevant Bank means, with respect to any loan, a bank which has issued a Letter of Credit which, or a portion of which, is for the time being allocated as Collateral for such loan;
Relevant Bank means a person (“RB”) who—
Relevant Bank means the LC Bank and/or, as the case may be, any Additional Security Provider (other than an Additional Security Provider which is a member of the Lessee Group);

Examples of Relevant Bank in a sentence

  • Any individual who becomes a Relevant Bank Staff or Official will, within 60 days of beginning the covered position, receive the training discussed in Paragraph 9.

  • Relevant Bank policies triggered for the PROP include OP 4.01 Environmental Assessment; OP 4.04 Natural Habitats; OP 4.36 Forests; OP 4.10 Indigenous Peoples; and OP 4.12, Involuntary Resettlement (outlined below).

  • Any individual who becomes a Relevant Bank Staff or Official will, within 30 days of beginning the covered position, receive a copy of the Complaint and Consent Order, with the opportunity to ask questions, as discussed in Paragraph 8.

  • In the event of the insolvency of the Relevant Bank, the Administrator should have a claim against the Relevant Bank on behalf of the investors for whom the monies in the Collection Account are being held.

  • The Relevant Bank will hold the cash on the Administrator’s behalf (for the benefit of the investors on behalf of whom such monies are being held) in an account separate from any money the Relevant Bank holds for the Administrator in its own right.


More Definitions of Relevant Bank

Relevant Bank means the bank approved by the Council for the conduct of ECTEL’s business
Relevant Bank means, with respect to any Loan, the Bank that made the Loan, and, prior to the making of such Loan or requested Loan, any Bank that has been requested to make such Loan.
Relevant Bank means any bank, financial institution or investment institution at which Vistra UK shall hold (or arrange to hold) client monies on behalf of a Client or an Entity;
Relevant Bank means any bank, financial institution or investment institution at which Vistra Jersey shall hold (or arrange to hold) client monies on behalf of a Client or an Entity; "Relevant Sums" means any fees, taxes, disbursements or expenses:
Relevant Bank means the bank identified as such in Schedule 2;
Relevant Bank means in connection with any U.S. Letter of Credit or U.S. Loan, any U.S. Bank and in connection with any Canadian Letter of Credit, Canadian Loan or Bankers' Acceptance, any Canadian Bank.
Relevant Bank. Relevant Banks", "Bank" or "Banks" shall, unless the context otherwise indicates, include each Agent, as applicable, in its individual capacity. Chase (and any successor acting as U.S. Agent), Christiania Bank OG Kreditkasse, Hibernia National Bank and Societe Generale, Southwest Agency, as U.S. Co-Agents and Chase Canada (and any successor acting as Canadian Agent) and their respective affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Obligors (and any of their Subsidiaries or Affiliates) as if it were not acting as such Agent, and Chase, Christiania Bank OG Kreditkasse, Hibernia National Bank, Societe Generale, Southwest Agency and Chase Canada and their respective affiliates may accept fees and other consideration from the Obligors for services in connection with this Agreement or otherwise without having to account for the same to the Banks.