UK Bank definition

UK Bank means a Lender (a) which is a bank (as defined for the purpose of Section 879 of the Income Tax Act 2007) making an advance under a Loan Document, or (b) in respect of an advance made under a Loan Document by a person that was a bank (as defined for the purpose of Section 879 of the Income Tax Act 2007) at the time that the advance was made, and in each case which is within the charge to United Kingdom corporation tax as respects any payments of interest made in respect of that advance.

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UK Bank means each Bank or its UK branch or Affiliate with a Sterling Commitment from time to time hereunder.

UK Bank means a UK institution which has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits, but excludes—

Examples of UK Bank in a sentence

The support consultants shall have the following roles and responsibilities: ● Assisting the Customer and supplier users with queries from 08:30 to 17:00 Monday to Friday (excluding standard UK Bank Holidays).
Telephone Hot-line support 9.00 a.m. to 5.30 p.m. UK time Monday to Friday excluding UK Bank and Public Holidays.
DB UK Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
UK Borrowers promise to pay all of the UK Obligations (including principal, interest, premiums, if any, fees, costs, and expenses (including Lender Group Expenses)) in full on the Maturity Date or, if earlier, on the date on which the UK Obligations (other than the UK Bank Product Obligations) become due and payable pursuant to the terms of this Agreement.
The U.K. Agent shall promptly notify each U.K. Bank of each U.K. Loan Request received by the U.K. Agent.

More Definitions of UK Bank

UK Bank means JPMorgan, Barclays Bank, Citibank, RBC and certain other additional Banks, each acting through their respective UK branch or Affiliate (if not a UK resident financial institution), with a Sterling Commitment from time to time hereunder.

UK Bank means a Bank which is within the charge to UK corporation tax in respect of, and is beneficially entitled to, a payment of interest on a Facility made by a person that was a bank for the purposes of Section 349 of the Income and Corporation Taxes Act 1988 (as currently defined in Section 840A of the Income and Corporation Taxes Act 1988) at the time a Facility was made available.

UK Bank means a bank that is carrying on a bona fide banking business in the United Kingdom as recognized by the United Kingdom's Inland Revenue.

UK Bank means a Bank which is:

UK Bank means a UK institution which has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits but which is not an excluded deposit taker;

UK Bank has the meaning specified in Section 4.06(e)(ii)(B) hereof.

UK Bank means (i) each Person listed on Schedule I-B, and (ii) each additional Person that becomes a U.K. Bank party hereto in accordance with Section 1.13 and/or 13.04. A U.K. Bank shall cease to be a "U.K. Bank" when it has assigned all of its U.K. Sub-Commitments in accordance with Section 1.13 and/or 13.04. For purposes of this Agreement, "Bank" includes each U.K. Bank unless the context otherwise requires.