Term Bank definition

Term Bank means a Bank who has agree to make a Term Loan under the terms of the related Term Loan Supplement and Section 2.01(d) or who holds a Term Loan. A Term Bank may, in its discretion, arrange for one or more Term Available Currency Loans to be made by one or more of its domestic or foreign branches, in which case the term “Term Bank” shall include any such branch or Affiliate with respect to the Term Available Currency Loans made by such Person.
Term Bank means any Bank, which has made or has committed to make a Term Loan.
Term Bank each Bank that has a Term Commitment or that holds a Term Loan.

Examples of Term Bank in a sentence

  • We have been rated by CRISIL A-/Stable dated August 22, 2016 for our Long Term Bank Facility by combining the business and financial risk profiles of our Company, Shree Ganesh Fats Private Limited, Shivalik Steel and Alloys Private Limited and Kamla Oleo Private Limited, our Group Companies.

  • Bloomberg released the Bloomberg Short Term Bank Yield Index (BSBY) which represents a series of credit sensitive reference rates that incorporate systemic bank credit spreads and defines a forward term structure.

  • During the year under review, Credit Analysis & Research Limited (CARE) has upgraded the credit rating for Long Term Bank Facilities from ‘CARE A-’ (Single A Minus; Outlook: Stable) to ‘CARE A’ (Single A; Outlook: Stable) and the credit rating for Short Term Bank Facilities from ‘CARE A2+’(A Two Plus) to ‘CARE A1’(A One).

  • During the year under review, CARE Ratings Limited has reaffirmed and granted CARE A+; Stable rating to Long-Term Bank Facilities and CARE A1+ rating to Short Term Bank Facilities, to your Company.

  • If we did not own this – AT&T only needs 6 fibers – they would run a cable with 6 fibers and we don’t want that.


More Definitions of Term Bank

Term Bank means any Bank with an outstanding Term Commitment or an outstanding Term Loan.
Term Bank means any company, bank or financial institution:
Term Bank means, at any time, any Bank that is a Term A-1 Bank, a Term A-2 Bank or a Term B Bank at such time, and “Term Banks” means all Term A-1 Banks, all Term A-2 Banks and all Term B Banks at such time.
Term Bank means a Bank with a Term Commitment or, if the Term Commitments have terminated or expired, a Bank with a Term Exposure.
Term Bank means each Bank that has a Term A Commitment or Term B Commitment or that is the holder of a Term A Loan or Term B made under any Term Commitment.
Term Bank means each Bank listed on Schedule 2.1.2 as a "Term Bank" and any --------- -------------- successor thereof or assignee of all or a portion of such Bank's Term Commitment or Term Loan.