Examples of Increasing Bank in a sentence

Upon the effectiveness of any Accession Agreement to which any Increasing Bank is a party, such Increasing Bank shall thereafter be deemed to be a party to this Agreement and shall be entitled to all rights, benefits and privileges accorded a Bank hereunder and subject to all obligations of a Bank hereunder.
The Administrative Agent hereby consents to the increase in the Commitment of the Increasing Bank effectuated hereby.
On the Closing Date, the Borrowers shall repay all outstanding Loans to which either the Base Rate Option or the Euro-Rate Option applies under the Original Credit Agreement and simultaneously reborrow a like amount of Revolving Credit Loans under each such Interest Rate Option from the Banks (including each new Bank and Increasing Bank) according to their Ratable Shares set forth on attached Schedule 1.1(B) and shall be subject to breakage fees and other indemnities provided in Section 5.5.2 [Indemnity].
Each Increasing Bank and Added Bank (x) shall be deemed to have assumed such portion of such Committed Loans and (y) shall fund to each other Bank on the Increased Commitment Date the amount of Committed Loans assigned by it to such Bank.
Increasing Bank has caused this Commitment Increase Agreement to be duly executed and delivered in _____________, ______________, by its proper and duly authorized officer as of the day and year first above written.

More Definitions of Increasing Bank

Increasing Bank see Section 2.16.

Increasing Bank has the meaning set forth in Section 2.01(b)(i) hereof.

Increasing Bank shall have the meaning assigned to such term in Section 2.12 hereof.

Increasing Bank as defined in subsection 2.1(c)(ii).

Increasing Bank has the meaning set forth in Section 2.21(b).

Increasing Bank means each Existing Bank whose Commitment (as set forth opposite its name on its signature page hereto) exceeds its Commitment under the Existing Credit Agreement.

Increasing Bank has the meaning specified in Section 11.10.