Replacement Bank definition

Replacement Bank shall have the meaning provided in Section 1.13.
Replacement Bank has the meaning specified in Section 3.07.
Replacement Bank has the meaning specified in Section 4.08(b).

Examples of Replacement Bank in a sentence

  • Any such designation of a Replacement Bank under clause (i) or (iii) shall be subject to the prior written consent of the Agent (which consent shall not be unreasonably withheld).

  • Any such designation of a Replacement Bank under clause (i) or (iii) shall be subject to the prior written consent of the Agent (which consent shall not be unreasonably withheld) and payment in full of all amounts due and owing hereunder to the Replacement Bank.

  • Each Bank agrees that, should it be identified for replacement pursuant to this Section 8.05, it will promptly execute and deliver all documents and instruments reasonably required by the Borrower to assign such Bank’s Loans and Commitment to the applicable Replacement Bank.

  • The Agent shall cooperate with the Borrower in seeking a Replacement Bank and shall use its best efforts to identify a Replacement Bank and complete the assignment to such Replacement Bank of such Loans and Commitment within 45 days of said written notice.

  • Each Bank agrees that, should it be identified for replacement pursuant to this Section 8.02, it will promptly execute and deliver (against payment to such Bank of all sums owing to it under the Loan Documents, whether or not then due) all documents and instruments reasonably required by the Borrowers to assign such Bank’s Loans and Commitment to the applicable Replacement Bank.


More Definitions of Replacement Bank

Replacement Bank has the meaning set forth in Section 8.05 hereof.
Replacement Bank. As defined in Section 2.29.
Replacement Bank has the meaning set forth in Section 2.12.
Replacement Bank has the meaning set forth in Section 8.05.
Replacement Bank is defined in Section 11.13(iii).
Replacement Bank shall have the meaning assigned to that term in Section 2.14 hereof.
Replacement Bank a bank or financial institution that assumes certain Commitments and obligations and purchases certain Loans and rights pursuant to subsection 8.7(b), 8.17(e) or 15.1(e).