Risk Participation Agreement definition

Risk Participation Agreement has the meaning assigned to that term in subsection 2.1(F).
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Risk Participation Agreement. Risk Participant" and "Subject Swap Confirmation" in alphabetical order to read in their entirety as follows:
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Risk Participation Agreement means that certain Risk Participation Agreement dated as of the First Amendment Effective Date between National City Bank and Risk Participant, as amended, restated, supplemented or otherwise modified from time to time.
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Examples of Risk Participation Agreement in a sentence

  • Borrower hereby authorizes and directs Agent, at Agent's option, to make a Revolving Loan in the amount of any payment made by Agent with respect to any Lender Letter of Credit or any Risk Participation Agreement.

  • All amounts paid by Agent with respect to any Lender Letter of Credit or Risk Participation Agreement that are not immediately repaid by Borrower with the proceeds of a Revolving Loan or otherwise shall bear interest at the interest rate applicable to Revolving Loans calculated using the Base Rate.

  • The Trade Finance Risk Participation Agreement (RPA) is an unfunded guarantee product through which AfDB (the Bank) shares the credit risk (usually up to 50%) of a portfolio of eligible trade transactions with partner Confirming Banks (CBs), mainly global banks, African regional banks as well as regional development finance institutions active in trade finance.

  • The Risk Participant and the Facility Agent will not be liable for or responsible to the Participating Members for any loss or damage arising from any act, default, omission or misconduct on their part in connection with or in relation to the Risk Participation Agreement (except to the extent caused by their own fraud or wilful misconduct).

  • Notwithstanding any failure of the Facility Agent (acting for and on behalf of the Participating Members) to deliver the notice in accordance with the Risk Participation Agreement, the Confirmed Client is deemed to have notice of the Assignment on the Effective Date.

  • As consideration for the Assignment, the Risk Participant, in addition to declaring a CFA Trust in accordance with the Risk Participation Agreement, agrees to and will pay the relevant stamp duty charges incurred in relation to the declaration of the CFA Trust, with the Risk Participant’s payment obligation being capped at S$10.

  • The Participating Members agree to and will assign, absolutely as beneficial owner, to the Risk Participant all of their rights, claims, title, interest and benefits from time to time under the Confirmed Funding Arrangement Documents (with the exception of the Risk Participation Agreement and the Risk Participation Arrangement) and in and to the Proceeds on the relevant Effective Date by executing the Risk Participation Agreement.

  • This means that all devices and the FACP shall be active and monitored as required by code.

  • The Participating Members will authorise Minterest, in its capacity as the Facility Agent, to execute and deliver a notice of the Assignment to the Confirmed Client on the Effective Date in accordance with the Risk Participation Agreement.

  • If any provision of the Risk Participation Agreement or the CFA Trust Deed is not or ceases to be legal, valid, binding and enforceable under the law of any jurisdiction, neither the legality, validity, binding effect or enforceability of the remaining provisions under that law nor the legality, validity, binding effect or enforceability of that provision under the law of any other jurisdiction will be affected.


More Definitions of Risk Participation Agreement

Risk Participation Agreement means that certain Risk Participation Agreement dated as of May 3, 2004 between National City Bank and General Electric Capital Corporation, as amended, restated, supplemented or otherwise modified from time to time.
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Risk Participation Agreement means that Certain Risk Participation Agreement dated as of the Closing Date by and between National Westminster Bank PLC and SunTrust whereby SunTrust agreed to accept a participation in that certain facility agreement dated as of March 15, 2000, by and between the Sterling Borrower and National Westminster Bank PLC.
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Risk Participation Agreement a risk participation agreement in form and substance satisfactory to an L/C Arranger confirming payment by such L/C Arranger to an issuer of a Tranche A Letter of Credit, other than such L/C Arranger, of amounts drawn on any Tranche A Letter of Credit issued by such issuer.
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Related to Risk Participation Agreement

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Participation Agreement means, with respect to each Indenture, the "Participation Agreement" referred to therein.

  • Risk Participation Liability means, as to each Letter of Credit, all reimbursement obligations of Borrowers to the Issuing Lender with respect to an L/C Undertaking, consisting of (a) the amount available to be drawn or which may become available to be drawn, (b) all amounts that have been paid by the Issuing Lender to the Underlying Issuer to the extent not reimbursed by Borrowers, whether by the making of an Advance or otherwise, and (c) all accrued and unpaid interest, fees, and expenses payable with respect thereto.

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Swing Line Loan Participation Certificate a certificate substantially in the form of Exhibit H.

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Certificate means the original participation certificate, if any, that was executed and delivered in connection with a Participation Interest.

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Extension Agreement shall have the meaning provided in Section 2.15(c).

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Sale and Contribution Agreement means the Sale and Contribution Agreement, dated as of the Closing Date, among the Servicer, the Transferor and the Borrower, as such agreement may be amended, amended and restated, supplemented or otherwise modified from time to time.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Novation Agreement means a legal instrument—

  • Specific contract participation goals means the goals as stipulated in the Preferential Procurement Regulations, 2001. In addition to above-mentioned goals, the Regulations [12. (1)] also make provision for organs of State to give particular consideration to procuring locally manufactured products.

  • Liquidity Agreement means any agreement entered into in connection with this Agreement pursuant to which a Liquidity Provider agrees to make purchases or advances to, or purchase assets from, any Conduit Purchaser in order to provide liquidity for such Conduit Purchaser’s Purchases.

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;