Examples of Approved Commercial Bank in a sentence

This will be especially true if astronomical observations from the Solar System indicate that any may actually be inhabited.
If no successor Agent shall have been so appointed by the Required Lenders with such consent of the Borrower and shall have accepted such appointment within 30 days after the retiring Agent’s giving of notice of resignation, then the retiring Agent may, on behalf of the Lenders and with the consent of the Borrower (such consent not to be unreasonably withheld or delayed), appoint a successor Agent, that shall be an Approved Commercial Bank.

More Definitions of Approved Commercial Bank

Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5.0 billion. “Asset Disposition” means any direct or indirect sale, lease (other than an operating lease entered into in the ordinary course of business), transfer, issuance or other disposition, or a series of related sales, leases, transfers, issuances or dispositions that are part of a common plan, of shares of Capital Stock of a Subsidiary (other than directors’ qualifying shares), property or other assets (each referred to for the purposes of this definition as a “disposition”) by the Company or any of its Restricted Subsidiaries, including any disposition by means of a merger, consolidation or similar transaction. Notwithstanding the preceding, the following items shall not be deemed to be Asset Dispositions: (1) a disposition of assets by a Restricted Subsidiary to the Company or by the Company or a Restricted Subsidiary to a Restricted Subsidiary (other than a Receivables Entity);

Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Approved Electronic Platform” shall have the meaning assigned to such term in Section 8.03(a).

Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present value of the obligation of thelessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction including any period for which suchlease has been extended or may, at the option of the lessor, be extended. Such present value shall be calculated using a discount rate equal to the Company’s incremental borrowing rate or the rate of interest implicit in such transaction, determined in accordance with GAAP.

Approved Commercial Bank means a commercial bank with a consolidated combined capital surplus of at least $5,000,000,000. “Applicable Premium” means, with respect to a Note at any redemption date, the greater of:

Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Approved Electronic Communications” means each notice, demand, communication, information, document and other material that any Loan Party is obligated to, or otherwise chooses to, provide to the Administrative Agent pursuant to any Loan Document or the transactions contemplated therein, including (a) any supplement to the Guaranty, any joinder to the Pledge and Security Agreement and any other written Contractual Obligation delivered or required to be delivered in respect of any Loan Document or the transactions contemplated therein and (b) any Financial Statement, financial and other report, notice, request, certificate and other informational material; provided that “Approved Electronic Communications” shall exclude (i) any Notice of Borrowing, Letter of Credit Request, Notice of Conversion or Continuation, and any other notice, demand, communication, information, document and other material relating to a request for a new, or a conversion of an existing, Borrowing, (ii) any notice pursuant to Section 2.8 and Section 2.9 and any other notice relating to the payment of any principal or other amount due under any Loan Document prior to the scheduled date therefor, (iii) all notices of any Default or Event of Default and (iv) any notice, demand, communication, information, document and other material required to be delivered to satisfy any of the conditions set forth in Article III or Section 2.4(a) or any other condition to any Borrowing or other extension of credit hereunder or any condition precedent to the effectiveness of this Agreement. “Approved Electronic Platform” has the meaning set forth in Section 10.3(a). “Approved Fund” means any Fund that is advised, or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or Affiliate of an entity that administers or manages a Lender. “Arawak Facility” means the credit facility provided by the Credit Agreement, dated as of December 22, 2017, among the Borrower, Holdings and Arawak IX, L.P. (as amended, supplemented, waived or otherwise modified from time to time). “Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee, and accepted by the Administrative Agent, in substantially the form of Exhibit A.

Approved Commercial Bank means a commercial bank with a consolidated combined capital and surplus of at least $5,000,000,000. “Approved Fund” means any Fund that is administered, advised or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages a Lender. “Arranger/Lender-Related Persons” has the meaning specified in Section 10.15(d). “Arrangers” means each of BofA Securities, Inc., BofA Securities, Inc., Citibank, N.A., Citizens Bank, National Association, RBC Capital Markets, Regions Capital Markets, a division of Regions Bank, Truist Securities, Inc., U.S. Bank National Association, Xxxxx Fargo Securities, LLC and MUFG Bank, LTD, in their respective capacities as exclusive joint lead arrangers and joint bookrunners.

Approved Commercial Bank definition

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