House Banks definition

House Banks shall have the meaning set forth in Section 12.1(f).
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House Banks means xxxxx cash funds and cashiers’ banks.
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Examples of House Banks in a sentence

  • Purchaser shall have the option, at its sole discretion, to purchase the House Banks, provided Purchaser, if it chooses to do so, shall only purchase cash on hand and shall in no event purchase any receipts.

  • Buyer shall purchase the xxxxx cash funds and cashiers’ banks (“House Banks”) at the cash value of the House Banks, as determined by Seller and Buyer jointly, provided that Buyer shall only purchase cash on hand and shall in no event purchase any receipts pursuant to this Section 12.1(f).

  • Purchaser shall open its own separate accounts in house banks at the Hotel (“House Banks”) prior to the Cut-Off Time and shall receive cash deposited in said House Banks from and after the Cut-Off Time.

  • Purchaser shall be obligated to pay to Seller an amount equal to (i) Seller’s cost for all liquor and beverages in unopened bottles (to the extent permitted by law), food not in process, items held for resale, and new and unused Supplies in unopened containers, and (ii) any House Banks, as provided in Section 2.C above.

  • For the convenience of the parties, Purchaser shall pay to Seller the agreed-to amount of the House Banks at the Closing as an adjustment on the Closing Statement and possession of the cash, checks and other funds in the House Banks shall be released to Purchaser.

  • The sale of the Hotel does not include cash, checks and other funds, including till money, house banks, and notes, securities and other evidence of indebtedness held at the Hotel as of the Apportionment Date, nor does it include balances on deposit to the credit of Seller or its agent, with banking institutions (collectively, the "House Banks"), or any other funds, operating accounts or reserves held by or on Seller's behalf.

  • The House Bank's shall be purchased by Purchaser at Closing, and Purchaser shall pay the amount of such House Banks to Seller at Closing as a separate amount over and above the Purchase Price.

  • All financial statements included therein, including the related schedules and notes, if any, have been prepared in accordance with GAAP applied consistently throughout the periods involved, except as set forth in the notes thereto (subject, in the case of any interim financial statements, to normal year-end adjustments).

  • The sale of the Assets shall include cash, checks and other funds including till money and house banks held at the hotel as of the Closing Date Exhibit (10)(p) (collectively, "House Banks").

  • Subject to the proration provisions hereof and the credits due to Buyer for prepaid items and deposits as set out herein, cash, checks and other funds including till money and house banks held at the hotel as of the Apportionment Date (collectively, "House Banks") shall be turned over to Buyer and Seller shall receive a credit at Closing in the amount of the cash so delivered.

Related to House Banks

  • KeyBank means KeyBank National Association.

  • Bank of America means Bank of America, N.A. and its successors.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • JPMorgan means JPMorgan Chase Bank, N.A.

  • Banks shall include the Agent in its individual capacity.

  • London Inter-Bank Offered Rate means the interest rate at which the Bank's London Branch, London, Great Britain, would offer U.S. dollar deposits for the applicable interest period to other major banks in the London inter-bank market at approximately 11:00 a.m. London time two (2) London Banking Days before the commencement of the interest period. A "London Banking Day" is a day on which the Bank's London Branch is open for business and dealing in offshore dollars.

  • JPMCB means JPMorgan Chase Bank, N.A.

  • Bank Lenders means the lenders from time to time party to the Bank Credit Agreement.

  • PNC Bank means PNC Bank, National Association.

  • BANK'S LONDON BRANCH means the London branch office of Bank.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Managing Agents as defined in the preamble hereto.

  • Bank One means Bank One, NA, a national banking association having its principal office in Chicago, Illinois, in its individual capacity, and its successors.

  • Syndication Agents as defined in the preamble hereto.

  • London Interbank Offered Rate has the meaning set forth in Section 2.07(b).

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • UK Non-Bank Lender means (a) where a Lender becomes a party hereto on the day on which this Agreement is entered into, a Lender listed in Schedule 3.01(j), and (b) where a Lender becomes a party hereto after the day on which this Agreement is entered into, a Lender which gives a UK Tax Confirmation in the Assignment and Assumption and/or Joinder Agreement which it executes on becoming a party hereto.

  • Joint Lead Arrangers and Bookrunners means Credit Suisse Securities (USA) LLC, Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., Xxxxxxx Xxxxx Credit Partners L.P., HSBC Securities (USA) Inc., Xxxxxx Brothers Inc. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

  • JPMorgan Chase Bank means JPMorgan Chase Bank, N.A. and its successors.

  • JPMorgan Chase means JPMorgan Chase Bank, N.A.

  • Lenders means the Persons listed on Schedule 2.01 and any other Person that shall have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption.

  • Participating Banks means such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Lead Arrangers means Xxxxxxx Xxxxx Bank USA, Barclays Bank PLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., KKR Capital Markets LLC, Citigroup Global Markets Inc. and UBS Securities LLC.

  • Issuing Banks shall include any such Affiliate with respect to Letters of Credit issued by such Affiliate.