Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”
Approved Bank has the meaning assigned to such term in the definition of the term “Permitted Investments.”
Examples of Approved Bank in a sentence
We will deposit money received from you in a bank account held with an Approved Bank.
More Definitions of Approved Bank
Approved Bank means a domestic financial institution which (A) prior to a Securitization, has long term unsecured debt obligations of which are rated not less than “AA” by S&P, “A” by Fitch and “Aa2” by Xxxxx’x or the short-term obligations of which are rated at least “A-1+” by S&P, “F-1” by Fitch and “P-1” by Xxxxx’x and (B) after a Securitization, has long term long unsecured debt obligations and/or short term obligations which meet the applicable rating requirements of the Rating Agencies.
Approved Bank has the meaning provided in subpart (ii) of the definition of “Cash Equivalents.”
Approved Bank means (a) a bank or other financial institution which has the Required Rating, (b) if a Securitization has not occurred, a bank or other financial institution acceptable to Lender or (c) if a Securitization has occurred, a bank or other financial institution with respect to which Lender shall have received a Rating Agency Confirmation.
Approved Bank has the meaning specified in the definition of Cash Equivalents.
Approved Bank means a bank or other financial institution which has a minimum long term unsecured debt rating of at least “AA” by S&P and Fitch and “Aa2” by Xxxxx’x.
Approved Bank means one of certain institutions as defined in the glossary to the FCA Handbook.
Approved Bank means any bank, finance company, insurance company or other financial institution (a) which has (i)(x) a minimum net worth of $500,000,000 and/or (y) total assets of $10,000,000,000, and (ii) a minimum long-term debt rating of (x) BBB+ or higher by S&P, and (y) Baa1 or higher by Xxxxx’x, or (b) which is approved by the Administrative Agent, which approval shall not be unreasonably withheld.