Examples of New Banks in a sentence
Non-Operative Financial Holding Company (NOFHC)” means a non-deposit taking NBFC referred to in the "Guidelines for Licensing of New Banks in the Private Sector", issued by the Bank, which holds the shares of a banking company and the shares of all other financial services companies in its group, whether regulated by the Bank or by any other financial regulator, to the extent permissible under the applicable regulatory prescriptions.
The New Banks wish to become parties to the Amended Credit Agreement as “Banks” on the date hereof.
Despite corrections for the presence of 3D phenomena, the discrepancies from reality grow larger in more complex propeller designs, like swept blades or adverse flow conditions [11].
On and after the Amendment Effective Date, all references to “Banks” in the Credit Agreement and the other Loan Documents shall be deemed to include the New Banks.
Any such Total Commitment increase will become effective upon (A) in the case of New Banks only, the payment to the Payments Administrator of a nonrefundable fee of $2,500 and (B) in all cases, the recording by the Payments Administrator of such addition to the Total Commitment in the Register, the Payments Administrator hereby agreeing to effect such recordation no later than three Business Days after its receipt of an Agreement of Commitment Increase.