Substitute Bank Period definition

Substitute Bank Period has the meaning set forth in Section 10.5(c).
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Substitute Bank Period is defined in Paragraph 3(b)(iv).
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Substitute Bank Period has the meaning set forth in Section 10.5(c). “Substitute Letter of Credit” has the meaning set forth in Section 10.5(c). “Supply Plan” has the meaning set forth in the CAISO Tariff.
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More Definitions of Substitute Bank Period

Substitute Bank Period has the meaning set forth in Section 12.5(c). “Substitute Letter of Credit” has the meaning set forth in Section 12.5(c).
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Related to Substitute Bank Period

  • Substitute Commercial Paper Dealers means such Substitute Commercial Paper Dealer or Dealers as the Corporation may from time to time appoint or, in lieu of any thereof, their respective affiliates or successors.

  • Substitute Rate shall have the meaning set forth in Section 2.2.3(b).

  • Substitution Period shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Substitute Lender has the meaning specified in Section 2.18(a).

  • Substitution Event means, in respect of a Share, any Nationalization, Insolvency or Delisting in respect of such Share, or any Merger Event or Tender Offer in respect of such Share that is deemed by the Calculation Agent to be a Substitution Event, or an occurrence and continuation for at least eight consecutive applicable Exchange Business Days of a Market Disruption Event in respect of such Share.

  • LIBOR Replacement Date has the meaning specified in Section 3.03(c).

  • Replacement Date has the meaning set forth in Section 2.08(b).

  • Substitute Loan A mortgage loan substituted for a Deleted Loan pursuant to the terms of this Agreement which must, on the date of such substitution, (i) have an outstanding principal balance, after application of all scheduled payments of principal and interest due during or prior to the month of substitution, not in excess of the Scheduled Principal Balance of the Deleted Loan as of the Due Date in the calendar month during which the substitution occurs, (ii) have a Mortgage Interest Rate not less than (and not more than one percentage point in excess of) the Mortgage Interest Rate of the Deleted Loan, (iii) have a remaining term to maturity not greater than (and not more than one year less than) that of the Deleted Loan, (iv) have the same Due Date as the Due Date on the Deleted Loan, (v) have a Loan-to-Value Ratio as of the date of substitution equal to or lower than the Loan-to-Value Ratio of the Deleted Loan as of such date, (vi) have a risk grading at least equal to the risk grading assigned on the Deleted Loan, (vii) is a “qualified mortgage” as defined in the REMIC Provisions and (viii) conform to each representation and warranty set forth in Section 6 of the Mortgage Loan Purchase Agreement applicable to the Deleted Loan. In the event that one or more mortgage loans are substituted for one or more Deleted Loans, the amounts described in clause (i) hereof shall be determined on the basis of aggregate principal balances, the Mortgage Interest Rates described in clause (ii) hereof shall be determined on the basis of weighted average Mortgage Interest Rates, the terms described in clause (iii) hereof shall be determined on the basis of weighted average remaining term to maturity, the Loan-to-Value Ratios described in clause (v) hereof shall be satisfied as to each such Substitute Loan, the risk gradings described in clause (vi) hereof shall be satisfied as to each such Substitute Loan and, except to the extent otherwise provided in this sentence, the representations and warranties described in clauses (vii) and (viii) hereof must be satisfied as to each Substitute Loan or in the aggregate, as the case may be.

  • Substitution Date has the meaning specified in Paragraph 4(d)(ii).

  • Replacement Rate has the meaning assigned thereto in Section 4.2.(b).

  • Substitute Rating Agency means a “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) under the Securities Exchange Act of 1934, as amended, selected by the Company (as certified by a resolution of the Company’s board of directors) as a replacement agency for Moody’s or S&P, or both, as the case may be.

  • Substitution Notice has the meaning specified in Section 2.17 (Substitution of Lenders).

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • Substitute Check means a paper reproduction of an Item that satisfies the requirements and definition of "substitute check" set forth in Regulation CC.

  • Substitute Credit Support has the meaning specified in Paragraph 4(d)(i).

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Substitute natural gas or "SNG" means a gas manufactured

  • Benchmark Replacement Date means the earliest to occur of the following events with respect to the then-current Benchmark:

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Eligible Substitute Mortgage Loan With respect to a Mortgage Loan substituted by the Transferor for a Deleted Mortgage Loan, a Mortgage Loan which must, on the date of such substitution, (i) have a Principal Balance, (or, in the case of a substitution of more than one mortgage loan for a Deleted Mortgage Loan, an aggregate Principal Balance), not in excess of, and not more than 10% less than the Principal Balance of the Deleted Mortgage Loan; (ii) be accruing interest at a rate no lower than and not more than 1% per annum higher than, that of the Deleted Mortgage Loan; (iii) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (iv) have a remaining term to maturity no greater than (and not more than one year less than that of) the Deleted Mortgage Loan; (v) comply with each representation and warranty set forth in Section 2.03 hereof; (vi) be the same credit grade category as the Deleted Mortgage Loan; (vii) have the same prepayment penalty term; and (viii) not be a Cooperative Mortgage Loan unless the Deleted Mortgage Loan was a Cooperative Mortgage Loan.

  • Substitute teacher means a person employed to perform the normal duties of a teacher who is absent.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Replacement Loans has the meaning specified in Section 10.01.