Credit Institution Sample Clauses

Credit Institution. The Seller is a credit institution, for the purposes of the EU Winding-up Directive 2001/24/EC. Schedule 2 Forms of Transfer Part A England and Wales Part B Form of Transfer (Land Register) – Scotland We, CLYDESDALE BANK PLC, incorporated in Scotland (with company number SC001111) and having our registered office at 00 Xx Xxxxxxx Xxxxx, Glasgow G1 2HL (the Transferor) CONSIDERING THAT in terms of a Mortgage Sale Agreement among us the Transferor, GOSFORTH FUNDING 2018-1 PLC, incorporated under the Companies Acts in England (with company number 11444253) and having its registered office at 0xx Xxxxx, 000 Xxxxxxxxxxx, Xxxxxx, XX0X 0XX (the Issuer), GOSFORTH MORTGAGES TRUSTEE 2018-1 LIMITED, incorporated under the Companies Acts in England (with company number 11444216) and having its registered office at 0xx Xxxxx, 000 Xxxxxxxxxxx, Xxxxxx, XX0X 0XX (the Transferee) and another dated 24 September 2018 (the Mortgage Sale Agreement) we have sold our whole right, title and interest in and to the Standard Securities and others hereinafter mentioned to the Transferee NOW THEREFORE we, the Transferor, IN CONSIDERATION of the sums payable in terms of and in implement of the Mortgage Sale Agreement HEREBY ASSIGN to the Transferee as trustee under and in terms of the Mortgages Trust Deed among us the Transferor, the Issuer and the Transferee dated 24 September 2018 (the Mortgages Trust Deed) and its successor or successors as trustee or trustees under and in terms of the Mortgages Trust Deed:
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Credit Institution. (Name and address) ............................... ...............................
Credit Institution. It is not an insurance undertaking, credit institution, investment undertaking holding funds or securities for third parties or a collective investment undertaking for the purposes of Article 1(2) of the EU Regulation.

Related to Credit Institution

  • EEA Financial Institution No Loan Party is an EEA Financial Institution.

  • Bank The Buyer (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto.

  • Financial Institution The Financial Institution will not be liable under this Agreement, except for (i) its own willful misconduct, bad faith or negligence or (ii) breach of its representations and warranties in this Agreement. The Financial Institution will not be liable for special, indirect or consequential losses or damages (including lost profit), even if the Financial Institution has been advised of the likelihood of the loss or damage and regardless of the form of action.

  • Eligible Institution An institution having (i) the highest short-term debt rating, and one of the two highest long-term debt ratings of the Rating Agency; or (ii) with respect to any Custodial Account, an unsecured long-term debt rating of at least one of the two highest unsecured long-term debt ratings of the Rating Agencies.

  • Location of Financial Institution Regardless of any provision in any other agreement, for purposes of the UCC, New York will be the location of the bank for purposes of Sections 9-301, 9-304 and 9-305 of the UCC and the securities intermediary for purposes of Sections 9-301 and 9-305 and Section 8-110 of the UCC.

  • Financial Institution Funding Each Purchaser Interest of the Financial Institutions shall accrue Yield for each day during its Tranche Period at either the LIBO Rate or the Prime Rate in accordance with the terms and conditions hereof. Until Seller gives notice to the Agent of another Discount Rate in accordance with Section 4.4, the initial Discount Rate for any Purchaser Interest transferred to the Financial Institutions pursuant to the terms and conditions hereof shall be the Prime Rate. If the Financial Institutions acquire by assignment from Company any Purchaser Interest pursuant to Article XIII, each Purchaser Interest so assigned shall each be deemed to have a new Tranche Period commencing on the date of any such assignment.

  • Affected Financial Institution No Loan Party is an Affected Financial Institution.

  • EEA Financial Institutions No Loan Party is an EEA Financial Institution.

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