Examples of Technical Bank in a sentence
Each Borrower shall use all reasonable endeavours to implement the remedial plan (or amended plan provided to the Facility Agent) and shall continue to consult on a regular basis with (and when requested by) the Facility Agent and the Technical Bank on implementation of the plan.
Although a syndicated loan is a tri-partite arrangement from a structural perspective, none of the MLA, the Agent, the Security Trustee or any Technical Bank has a Customer relationship with each individual Lender in the syndicate.
Notwithstanding the fact that the Lender is not a Customer of the MLA, the Agent, the Security Trustee or the Technical Bank (or vice versa), all parties will, as part of their general financial crime risk assessment, take account of the risk profile of the transaction and of each party involved.
The prospective employees failure to report criminal convictions or moving traffic violations shall be considered cause for progressive discipline, including separation from employment.
The Technical Bank may, with the prior consent of the Borrower (such consent not to be unreasonably withheld or delayed), make amendments to the Computer Model from time to time to correct any deficiencies in such Computer Model (including any conflict between the Computer Model and any Field Document) or otherwise to reflect any changes in circumstance since the date of this Agreement.
Except for its obligations specifically set out in this Agreement, the Technical Bank has no obligations of any kind to any Party under or in connection with any Finance Document.
The Technical Assumptions shall be determined by the Technical Bank acting reasonably on the basis of its good faith opinion and by reference to the Lenders’ Technical Report prepared specifically for the proposed Financial Projection and prices in the Economic Assumptions will reflect any Hedge Agreements entered into by the Borrower in respect of the Borrowing Base Assets.
Shanks Directors have had several meetings with their Technical Bank, Curry and Brown, to provide an evidence base to assure the funders that the targets are achievable and therefore do not place the funders in a position of increased risk.
The Technical Bank or the Borrower may propose modifications to the computer programme comprising the Financial Model at any time in order to correct any deficiency in its form or structure and the Technical Bank shall make any modifications approved by both parties (such approval not to be unreasonably withheld, conditioned or delayed) as soon as practicable.
The Borrower shall use all reasonable endeavours to implement the remedial plan (or amended plan provided to the Facility Agent) and shall continue to consult on a regular basis with (and when requested by) the Facility Agent and the Technical Bank on implementation of the plan.