Control Bank definition

Control Bank means Citibank, N.A.

Control Bank means a depositary bank appointed by Buyer and Seller to act as control bank under this Agreement.

Control Bank means JPMorgan Chase Bank, N.A., or another bank acceptable to Lender.

Examples of Control Bank in a sentence

• The control banks may be partially inserted in the core, as allowed by LCO 3.1.6, "Control Bank Insertion Limits." The shutdown bank and control bank insertion limits are established to ensure that a sufficient amount of negative reactivity is available to shut down the reactor and maintain the required SDM (see LCO 3.1.1, "SHUTDOWN MARGIN (SDM)") following a reactor trip from full power.

• Control Bank D was assumed to be inserted to its insertion limit.

• Garten, Banking on the Market: Relying on Depositors to Control Bank Risks, 4 YALE J.

• After Bank receives a Notice of Exclusive Control, Bank will notify Creditor not less than thirty (30) calendar days prior to closing the Deposit Account in non-emergency circumstances and substantially contemporaneously with closing the Deposit Account in emergency circumstances (for example, in response to fraud or returned items), unless prohibited by law.

• Garten, Banking on the Market: Relying On Depositors to Control Bank Risks, 4 YALE J.

More Definitions of Control Bank

Control Bank means with respect to the Collection Account, the Paying Agent, or any other bank reasonably acceptable to Lender.

Control Bank. (i) JPMorgan Chase Bank, N.A. and its successors thereto, or (ii) such other bank as may be mutually acceptable among Sellers and Purchasers.

Control Bank means as of the date hereof, PNC Bank, N.A., so long as it satisfies the Rating Criteria, or any other bank designated by Lender and reasonably acceptable to Borrower that satisfies the Rating Criteria.

Control Bank means U.S. Bank National Association.

Control Bank means (i) Wachovia Bank, National Association and its successors thereto, or (ii) such other bank as may be mutually acceptable among Sellers and Buyers.

Control Bank means City National Bank, or its successors and permitted assigns, or any successor depositary bank appointed by Buyer and Sellers to act as control bank under this Agreement.

Control Bank means the depository institution or securities intermediary, as applicable, with respect to a Deposit Account or Securities Account, which shall be reasonably acceptable to the Administrative Agent.