Credit Institution Sample Clauses

Credit Institution. The Seller is a credit institution, for the purposes of the EU Winding-up Directive 2001/24/EC. 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: 1. the Standard Securities granted by the respective parties whose names are specified in Column 3 of Part 1 of the Schedule annexed and executed as relative hereto in favour of the parties whose names are specified by abbreviation in the relative entry in Column 1 of Part 1 of the said Schedule (the meaning of the said abbreviations being set out in Part 2 of the said Schedule) for all sums due and to become due, to the extent (a) the balance specified in Column 2 of Part 1 of the Schedule being the amounts now due under the said Standard Securities; and (b) all other sums due or at any time hereafter to become due under the said respective Standard Securities, the said Standard Securities, being registered in the Land Register under the Title Number specified in the relative entry in Column 6 of Part 1 of the said Schedule on the date specified in the relative entry in Column 5 of Part 1 of the said Schedule; and 2. the whole right, title and interest of us, the Transferor, in and under all and any personal bonds, credit agreements or agreements for loan (however constituted) gran...
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Credit Institution. (Name and address) ............................... ...............................
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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.
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Related to Credit Institution

  • CREDIT INSURANCE Credit insurance is not required for any extension of credit under this Agreement. However, You may purchase any credit insurance available through Us and have the premiums added to Your outstanding balance. If You elect to do so, You will be given the necessary disclosures and documents separately.

  • SENDING INSTITUTION Country: ............................................................

  • 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.

  • Agreements with Foreign Banking Institutions Each agreement with a foreign banking institution shall provide that: (a) the assets of each Portfolio will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the foreign banking institution or its creditors or agent, except a claim of payment for their safe custody or administration; (b) beneficial ownership for the assets of each Portfolio will be freely transferable without the payment of money or value other than for custody or administration; (c) adequate records will be maintained identifying the assets as belonging to each applicable Portfolio; (d) officers of or auditors employed by, or other representatives of the Custodian, including to the extent permitted under applicable law the independent public accountants for the Fund, will be given access to the books and records of the foreign banking institution relating to its actions under its agreement with the Custodian; and (e) assets of the Portfolios held by the foreign sub-custodian will be subject only to the instructions of the Custodian or its agents.

  • 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.

  • 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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