Qualified Bank Financing

Qualified Bank Financing. Financing provided directly by a full service commercial bank whose deposits are insured by the Federal Deposit Insurance Corporation in the form of a revolving line of credit for which the primary collateral is Client's Accounts. Financing provided by a subsidiary, affiliate or division of such a bank does not qualify as Qualified Bank Financing.

Qualified Bank Financing. Qualified Bank Financing means financing provided directly by Bank of the West in the form of a revolving line of credit for which the primary collateral is Borrower's Accounts. Financing provided by a subsidiary, affiliate or division of Bank of the West does not qualify as Qualified Bank Financing.