Relevant Bank definition

Relevant Bank means a person (“RB”) who—
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Relevant Bank means, with respect to any loan, a bank which has issued a Letter of Credit which, or a portion of which, is for the time being allocated as Collateral for such loan;
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Relevant Bank means the bank approved by the Council for the conduct of ECTEL’s business
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Examples of Relevant Bank in a sentence

  • The Senate is meeting that obligation for 2010 with the present document.

  • Except as otherwise provided in Section 11.2 hereof, all payments (including those made pursuant to Section 5) of principal of, or interest on, the Loans shall be made by the Company to the Relevant Bank in immediately available funds in the Obligation Currency.

  • For each Loan made hereunder, the applicable interest rate for each Interest Period or other period shall be the rate quoted by the Relevant Bank to the Company for that particular type of Loan.

  • Each notice to the Relevant Bank of an Interest Period shall be in writing or by telephone and shall be given by an Authorized Person.

  • Except as otherwise agreed by the Relevant Bank, accrued interest on each Fixed Rate Loan shall be payable on the last day of the Interest Period of each such Loan (or, in the case of a Domestic CD Loan or Negotiated Rate Loan with an Interest Period of 90 days or longer or a Eurocurrency Loan with an Interest Period of three months or longer, accrued interest shall be payable quarterly in arrears on the tenth day of each April, July, October and January and on the last day of each such Interest Period).


More Definitions of Relevant Bank

Relevant Bank means the LC Bank and/or, as the case may be, any Additional Security Provider (other than an Additional Security Provider which is a member of the Lessee Group);
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Relevant Bank means, with respect to any Loan, the Bank that made the Loan, and, prior to the making of such Loan or requested Loan, any Bank that has been requested to make such Loan.
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Relevant Bank means any bank, financial institution or investment institution at which Vistra UK shall hold (or arrange to hold) client monies on behalf of a Client or an Entity;
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Relevant Bank means any bank, financial institution or investment institution at which Vistra Jersey shall hold (or arrange to hold) client monies on behalf of a Client or an Entity; "Relevant Sums" means any fees, taxes, disbursements or expenses:
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Relevant Bank means: in relation to the first Extension Request delivered by the Borrower under this Agreement, a Revolving Credit Bank which has a Facility B Commitment on that date; and in relation to any subsequent Extension Request, a Revolving Credit Bank which accepted the first Extension Request. Change of currency If more than one currency or currency unit are at the same time recognised by the central bank of any country as the lawful currency of that country, then: any reference in the Finance Documents to, and any obligations arising under the Finance Documents in, the currency of that country shall be translated into, or paid in, the currency or currency unit of that country designated by the Facility Agent; and any translation from one currency or currency unit to another shall be at the official conversion rate recognised by the central bank for the conversion of that currency or currency unit into the other, rounded up or down by the Facility Agent acting reasonably. If a change in any currency of a country occurs, this Agreement will be amended to the extent the Facility Agent specifies to be necessary to reflect the change in currency and to put the Finance Parties in the same position, so far as possible, that it would have been in if no change in currency had occurred. Purpose Each Borrower shall apply each Facility A Loan towards its general corporate purposes. Subject to paragraph (c), each Borrower shall apply each Facility B Loan towards:
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Relevant Bank. 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 Bank means in connection with any U.S. Letter of Credit or U.S. Loan, any U.S. Bank and in connection with any Canadian Letter of Credit, Canadian Loan or Bankers' Acceptance, any Canadian Bank.
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