USI Bank definition

USI Bank means, as of any date, each lender party to the USI Credit Agreement as at such date.

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Examples of USI Bank in a sentence

• Each Loan Party hereby agrees and covenants that, at all times, all Bank Facilities shall be entitled to the benefits of and shall benefit equally from each USI Bank Debt Guaranty and the Collateral, that the Rexair Banks shall be entitled to the benefits of and shall benefit equally from each Rexair Bank Debt Guaranty and the Rexair Collateral, and the Banks shall have a Lien on the Rexair Collateral second only to the Rexair Collateral Lien.

• Each Loan Party hereby agrees and covenants that, at all times, all Bank Facilities shall be entitled to the benefits of and shall benefit equally from each USI Bank Debt Guaranty and the Collateral, that the Rexair Banks shall be entitled to the benefits of and shall benefit equally from each Rexair Bank Debt Guaranty and the Rexair Collateral, and the Banks shall have a Lien on the Rexair Collateral second only to the Rexair Debt Lien.