RL Bank definition

RL Bank means at any time each Bank with a Revolving Loan Commitment or with outstanding Revolving Loans.
Sample 1Sample 2Sample 3
RL Bank means at any time each Bank with a Revolving Commitment.
Sample 1

Examples of RL Bank in a sentence

  • Promptly after it receives such notice, the Agent shall notify each RL Bank of the contents thereof and the amount of such RL Lender's participation in such Letter of Credit.

  • Upon any change in the Revolving Loan Commitments or RL Percentages of the RL Bxxxx xxxsuant to Section 1.13 or 13.04, it is hereby agreed that, with respect to all outstanding Letters of Credit and Unpaid Drawings, there shall be an automatic adjustment to the participations pursuant to this Section 2.04 to reflect the new RL Percentages of the assignor and assignee RL Bank, as the case may be.

  • The Administrative Agent or the Multi-Currency Agent, as the case may be, shall promptly transmit copies of each Letter of Credit Request to each RL Bank.

  • The Agent shall promptly transmit copies of each Letter of Credit Request to each RL Bank.

  • The Agent shall promptly notify each RL Bank of each Letter of Credit Request.

  • In the absence of a designation by the Borrowers pursuant to this Section 3.02, the amount of any reduction to the Revolving Loan Commitment of any RL Bank pursuant to this Section 3.02 shall apply (i) first, to reduce the Non-Canadian Revolving Loan Sub-Commitment of the respective RL Bank and (ii) second, to the extent in excess thereof, to reduce the Canadian Revolving Loan Sub-Commitment of such RL Bank.

Related to RL Bank

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Bank is defined in the preamble hereof.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • KeyBank means KeyBank National Association.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Royal Bank means Royal Bank of Canada.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • PNC Bank means PNC Bank, National Association.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Bank of America means Bank of America, N.A. and its successors.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Collecting bank means a bank handling the item for collection except the payor bank.