Relevant Banks definition

Relevant Banks means any Bank to which Obligations are owing under the Relevant Facility.
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Relevant Banks means all of the Banks other than that Bank which acts as Agent or (as the case may be) Security Agent or whose associated company acts in such capacity.
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Relevant Banks shall have the meaning set forth in the Appendix.
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Examples of Relevant Banks in a sentence

  • This shall not apply to the realization of Delek Israel Shares pursuant to the agreement that the Company reaches with the Relevant Banks as aforementioned.

  • The application site is not subject to any national or local landscape designations.

  • Appendix F describes the liens and guarantees that exist for the Relevant Banks, and the scope of the debt to each of them as at May 31, 2020.

  • Following such payment in full with regard to a Relevant Bank, the Company shall be entitled to subrogation in the Relevant Bank's rights and, upon the reasonable request of the Company, the Relevant Bank agrees to cooperate with the Company in enforcement of the Company's subrogation rights, including the transfer and delivery by the Relevant Bank to the Company of any and all evidence of indebtedness relating to such Loan within the possession or control of the Relevant Bank.

  • Any of the Relevant Banks has initiated any realization process whatsoever (including, but not limited to, a request to appoint a receiver or unilateral realization) of the Delek Drilling units encumbered in its favor or instituted legal proceedings against the Company or Delek Energy, or demanded exercise of the guarantees.

  • Furthermore nothing contained herein shall be deemed to prohibit or limit in any way whatsoever the Administrative Agent's or any Bank's right or ability to receive its portion of the assets of Guarantor upon the exercise by any other Relevant Agent or any other Relevant Banks of their rights and remedies under any other Relevant Facility or any other creditor of Guarantor.

  • Soon after the Approval Date, parallel to granting the liens to the Trustees pursuant to the Deed Amendment, the Company will be entitled to pledge Delek Israel Shares to the Relevant Banks, subject to implementation of the mechanism as set forth in the Liens Mechanism appendix to this Deed Amendment regarding the rights of the trustees to receive liens, as set forth in Section 7 above.

  • The settlement that the Company would like to reach will include provisions whereby subject to pledging the Company’s shares in Delek Israel (“Delek Israel Shares”) in their favor, the Relevant Banks will not pursue immediate repayment of the debts owed to them, during the term and under the conditions that are stipulated, and will not demand provision of any additional securities whatsoever, nor demand early payment, nor pursue proceedings to realize liens.

  • Appendix [ ] describes the liens and guarantees that exist for the Relevant Banks.

  • Reaching such an agreement with the Relevant Banks prior to the Approval Date and the vote of the Debenture Holders regarding the Deed Amendment constitutes a condition precedent to the Deed Amendment and to the undertakings of the Company and the Trustee thereunder.


More Definitions of Relevant Banks

Relevant Banks. Bank" or "Banks" shall, unless the context otherwise indicates, include each Agent, as applicable, in its individual capacity. Chase (and any successor acting as U.S. Agent), Christiania Bank OG Kreditkasse, Hibernia National Bank and Societe Generale, Southwest Agency, as U.S. Co-Agents and Chase Canada (and any successor acting as Canadian Agent) and their respective affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Obligors (and any of their Subsidiaries or Affiliates) as if it were not acting as such Agent, and Chase, Christiania Bank OG Kreditkasse, Hibernia National Bank, Societe Generale, Southwest Agency and Chase Canada and their respective affiliates may accept fees and other consideration from the Obligors for services in connection with this Agreement or otherwise without having to account for the same to the Banks.
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Relevant Banks. Bank" or "Banks" shall, unless the context otherwise indicates, include each Agent, as applicable, in its individual capacity. Each of Chase (and any successor acting as Global Administrative Agent or Arranger), Christiania Bank OG Kreditkasse and Societe Generale, Southwest Agency, as U.S. Co-Agents (and any successor acting as a U.S. Co-Agent), Chase Canada and Bank of Montreal (and any successor acting as a Canadian Co-Agent or as successor to Bank of Montreal as Documentation Agent), Salomon Brothers Holding Company Inc (and any successor acting as Syndication Agent) and their respective affiliates may (without having to account therefor to any Bank) accept deposits from, lend money to, make investments in and generally engage in any kind of banking, trust or other business with the Obligors (and any of their Subsidiaries or Affiliates) as if it were not acting as such Agent, and Chase, Christiania Bank OG Kreditkasse, Societe Generale, Southwest Agency, Chase Canada, Bank of Montreal, Salomon Brothers Holding Company Inc and their respective affiliates may accept fees and other consideration from the Obligors for services in connection with this Agreement or otherwise without having to account for the same to the Banks."
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Relevant Banks means the following banks: Nordea Bank, BNP Paribas, Sumitomo Mitsui, Mizuho, Deutsche Bank and HSBC;
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Related to Relevant Banks

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Relevant Banking Day means a day on which commercial banks are open for general business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Covered Bond for a Registered Covered Bond, where such request for exchange is made to the Issuing and Paying Agent, in the place where the specified office of the Issuing and Paying Agent is located;

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Facility Agent has the meaning set forth in the Preamble.

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1.

  • Account Bank means any of them.

  • Deposit Account Bank means a financial institution at which a Deposit Account is maintained.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • relevant body in the context of the UK and the UK GDPR, means the UK Information Commissioner’s Office and/or UK Government (as and where applicable); and/or in the context of the EEA and EU GDPR, means the European Commission.

  • Banks shall include the Agent in its individual capacity.

  • Security Parties means at any relevant time, the Borrower, the Guarantor, the Pledgor, the Target, the Vessel Owners and any other person who may at any time during the Facility Period be liable for, or provide security for, all or any part of the Indebtedness, and “Security Party” means any one of them.

  • Bank Agent means Bank of America, N.A., in its capacity as administrative agent for the Bank Lenders under the Bank Credit Agreement, and its successors and assigns in such capacity.

  • Reference Banks means, in the case of a determination of LIBOR, the principal London office of four major banks in the London inter-bank market and, in the case of a determination of EURIBOR, the principal Euro-zone office of four major banks in the Euro-zone inter-bank market, in each case selected by the Calculation Agent or as specified hereon.

  • 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.

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

  • Replacement Bank shall have the meaning provided in Section 1.13.

  • Reference Lenders means the Agent unless the Agent resigns said responsibility, at which time and thereafter such term means one or two Lenders selected by the Agent in its discretion from time to time as a reference lender for purposes of determining the Adjusted Libor Rate.

  • London Agent means X.X. Xxxxxx Europe Limited.

  • Settlement Bank means a participant whose PM account or sub-account is used to settle AS payment instructions,

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).