Selling Bank definition

Selling Bank has the meaning specified in Section 2.17(a).
Selling Bank has the meaning set forth in Section 8.6 hereof.
Selling Bank has the meaning set forth in Section 9.11.

Examples of Selling Bank in a sentence

  • Upon the consummation of any sale pursuant to this Section 8.06, the Selling Bank, the Agent and the Borrower shall make appropriate arrangements so that, if required, each Purchasing Bank receives a new Note.

  • If the Selling Bank needs additional capital for growth or otherwise, the approach by the Buyer usually emphasizes that an affiliation with the Buyer will provide a source of additional capital so that the bank may continue to grow and serve its community.

  • M S Hay and C G Middlestead, Women in combat: An overview of the implications for recruiting, Research Report 1568, US Army Research Institute for the Behavioural and Social Sciences (1990), p 23 quoted in S Chapman, ‘Increasing the Operational Effectiveness of Women in the Australian Defence Force’ (1999) 139 Australian Defence Force Journal 25, p 26.

  • Another issue that is extremely important to the Selling Bank is that the definitive agreement contain, as a condition to closing, the rendering of a fairness opinion.

  • It is generally most efficient for the Selling Bank to retain outside experts to either completely conduct the due diligence examination or at least assist and direct the examination with the assistance of key people from the Seller.

  • Many times, the needs of the Selling Bank will depend primarily upon the financial condition of the Seller.

  • Other than as provided above, no Selling Bank makes any representation or warranty and assumes no responsibility with respect to the Commitments, the Loans, this Agreement or any other instrument or document furnished pursuant thereto, the financial condition of the Company, or the performance or observance by the Company hereunder.

  • As a result, it is imperative that counsel, accountants, and management of the Selling Bank be actively involved in the disclosure process.

  • Each Selling Bank represents and warrants to each Buying Bank that it is the legal and beneficial owner of the Commitment and Loans being assigned by it and that the same are free and clear of any adverse claim.

  • The Seller must remember that to the extent the document is a proxy statement for a special meeting of the Seller’s shareholders, it is also a securities disclosure statement of the Selling Bank and must contain all material and proper disclosures about the Selling Bank.


More Definitions of Selling Bank

Selling Bank has the meaning set forth in the preamble to this Agreement.
Selling Bank as defined in Section 12.5(c).
Selling Bank shall have the meaning set forth in Section 5.4(d)(i).
Selling Bank as defined in the preamble hereto.

Related to Selling Bank

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

  • Selling Agent Morgan Stanley & Co.

  • Placement Agent means X.X. Xxxxxxxxxx & Co., LLC.

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • First purchaser means the first buyer of a manufactured item that contains ferrous or nonferrous metal in a retail or business-to-business transaction. A person that purchases scrap metal, or other property described in section 10, in violation of this act, or an automotive recycler, pawnshop, scrap metal recycler, or scrap processor is not considered a first purchaser.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Purchaser/ User means ultimate recipient of goods and services

  • Prospective Purchaser shall have the meaning set forth herein in Section 2.2(a).

  • Sales Agent means an authorized representative of the Company; and

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

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Purchaser means the organization purchasing the goods.

  • Ultimate purchaser means, with respect to any new motor vehicle or new motor vehicle engine, the first person who in good faith purchases a new motor vehicle or new motor vehicle engine for purposes other than resale.

  • Buyer has the meaning set forth in the preamble.

  • Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

  • Borrower Party Affiliate means, with respect to the Mortgage Loan Borrower, a manager of the Mortgaged Property or an Accelerated Mezzanine Loan Lender, (a) any other Person controlling or controlled by or under common control with such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable, or (b) any other Person owning, directly or indirectly, 25% or more of the beneficial interests in such Mortgage Loan Borrower, manager or Accelerated Mezzanine Loan Lender, as applicable. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • Selling Parties shall have the meaning specified in the preamble.

  • Forward Purchaser has the meaning set forth in the introductory paragraph of this Agreement.

  • Licensed financial institution means a financial institution issued a license under this act.

  • Placement Agents shall have the meaning set forth in the preamble.

  • Seller has the meaning set forth in the preamble.

  • Lender Affiliate means, (a) with respect to any Lender, (i) an Affiliate of such Lender or (ii) any entity (whether a corporation, partnership, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is administered or managed by a Lender or an Affiliate of such Lender and (b) with respect to any Lender that is a fund which invests in bank loans and similar extensions of credit, any other fund that invests in bank loans and similar extensions of credit and is managed by the same investment advisor as such Lender or by an Affiliate of such investment advisor.

  • Seller Affiliate means any Affiliate of Seller.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.