Technical Bank definition

Technical Bank means Glencore Energy UK Ltd. in its capacity as technical bank or any other person that replaces it in such capacity in accordance with this Agreement.
Technical Bank means Sumitomo Mitsui Banking Corporation Europe Limited in its capacity as technical bank or any other person that replaces it in such capacity in accordance with this Agreement.
Technical Bank means Barclays Bank PLC acting through its investment banking division, Barclays Capital, a company incorporated under the laws of England and Wales, acting through its office at 0 Xxxxx Xxxxxxxxx, Xxxxxx Xxxxx, Xxxxxx X00 0XX, or such other person as may at the relevant time have been appointed, and be acting, as technical agent pursuant to clause 29 of the Agency Agreement;

Examples of Technical Bank in a sentence

  • Each Borrower shall use all reasonable endeavours to implement the remedial plan (or amended plan provided to the Facility Agent) and shall continue to consult on a regular basis with (and when requested by) the Facility Agent and the Technical Bank on implementation of the plan.

  • Except for its obligations specifically set out in this Agreement, the Technical Bank has no obligations of any kind to any Party under or in connection with any Finance Document.

  • The financial covenants set out in Clause 21.1 (Financial covenants) shall be tested by the Technical Bank pursuant to the then current Financial Projection on each Calculation Date and at any other time on notice to the Borrower if the Agent reasonably considers a Default under Clause 21.1 (Financial covenants) has occurred.

  • The Technical Bank shall request the Independent Engineer to deliver to the Technical Bank, no later than forty days before each Scheduled Redetermination Date and, in the sole discretion of the Technical Bank, at any other time in relation to any Unscheduled Redetermination Date, a Lenders’ Technical Report.

  • The Borrower shall pay to the Arranger, the Agent, the Technical Bank and the Security Trustee all fees in the amounts and at the times agreed in a Fee Letter.

  • The Technical Assumptions shall be determined by the Technical Bank acting reasonably on the basis of its good faith opinion and by reference to the Lenders’ Technical Report prepared specifically for the proposed Financial Projection and prices in the Economic Assumptions will reflect any Hedge Agreements entered into by the Borrower in respect of the Borrowing Base Assets.

  • Each other Finance Party appoints the Technical Bank to act as technical bank under this Agreement.

  • Each Technical Bank shall be deemed to have approved each Reserve Report delivered pursuant to this Section 4.9(b) unless such Technical Bank shall have delivered an objection in writing to the Borrowers’ Representative within 15 days of the delivery of such Reserve Report.

  • The Technical Bank shall at the same time deliver to the Borrower a copy of the relevant Lenders’ Technical Report used for the purposes of the proposed Financial Projection.

  • The Agent, the Technical Bank and the Arranger may accept deposits from, lend money to and generally engage in any kind of banking or other business with the Borrower without consent from any Party.


More Definitions of Technical Bank

Technical Bank means Bank of Scotland plc in its capacity as technical bank for the other Finance Parties or any other person that replaces it in such capacity in accordance with this Agreement.
Technical Bank means Arab Petroleum Investments Corporation (APICORP) as technical bank or such other person appointed as such from time to time in accordance with Clause 45.2 of the Common Terms Agreement;
Technical Bank means BNP Paribas (Suisse) SA.
Technical Bank means Credit Agricole Corporate & Investment Bank in its capacity as technical bank or any other person that replaces it in such capacity in accordance with this Agreement.
Technical Bank means The Royal Bank of Scotland plc.

Related to Technical Bank

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Technical Bid means the bid submitted online through the electronic bidding platform, containing the documents as listed out in Clause 2.5.2 of this RFP;

  • Procurement Agent means the district representative duly authorized to enter into and administer Contracts and make written determinations with respect to this solicitation or his/ her designee.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Commercial Services means any waste management service, relating or connected to accumulating, collecting, managing, recycling, sorting, storing, treating, transporting, disposing, buying or selling of waste or any other manner of handling waste excluding services rendered by the municipality;

  • Technical Guidance Letter or “TGL” means an instruction, clarification, or interpretation of the requirements of the Contract, issued by the System Agency to the Grantee.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • international waters means waters falling outside the sovereignty or jurisdiction of any State;

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

  • international flight means all flights other than Domestic Flights.

  • Digital Banking (a) means our present and future online banking services which can be accessed through 365 Online, Business Online, Bank of Ireland Mobile Banking, and services available on www.bankofireland.com; and

  • international air transport means air transport that passes through the airspace over the territory of more than one State;

  • financial service supplier means any natural or juridical person of a Party wishing to supply or supplying financial services but the term “financial service supplier” does not include a public entity;

  • Alternative Diesel Fuel means any fuel used in a CI engine that is not commonly or commercially known, sold, or represented by the supplier as diesel fuel No. 1-D or No. 2-D, pursuant to the specifications in ASTM D975-81, “Standard Specification for Diesel Fuel Oils,” as modified in May 1982, which is incorporated herein by reference, or an alternative fuel, and does not require engine or fuel system modifications for the engine to operate, although minor modifications (e.g., recalibration of the engine fuel control) may enhance performance. Examples of alternative diesel fuels include, but are not limited to, biodiesel that does not meet the definition of CARB diesel fuel; Fischer-Tropsch fuels; emulsions of water in diesel fuel; and fuels with a fuel additive, unless:

  • Procurement item means a supply, a service, Custom Deliverable, construction, or technology that Contractor is required to deliver to the Eligible User under this Contract.

  • Technical Contact shall have the meaning assigned to it in Section 4.2.

  • Geotechnical engineer means a professional engineer registered with the Association of Professional Engineers, Geologists, and Geophysicists of the Northwest Territories and whose principal field of specialization is the design and construction of earthworks in a permafrost environment;

  • Systems Engineering means preparing specifications, identifying and resolving interface problems, developing test requirements, evaluating test data, and supervising design.

  • Bank is defined in the preamble hereof.

  • Technical Agreement means any technical or quality agreements signed by You (or Your Affiliate) and RB (or RB’s Affiliates) specifying technical and quality responsibilities in respect of the Output entered into prior to the date of the Order.

  • Contract Monitor means the Department employee identified in Section 1.6 of the IFB as the Contract Monitor.

  • Commercial Item means a commercial item as defined in FAR 2.101.

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

  • Procurement Services shall refer to a business unit of OGS, formerly known as New York State Procurement (“NYSPro”) and Procurement Services Group (“PSG”).

  • Fortis means Fortis Inc.;