International Banking Facility Sample Clauses

International Banking Facility. The Borrowers, entities located outside the United States of America, understand that it is the policy of the Board of Governors of the U.S. Federal Reserve System that extensions of credit by international banking facilities, such as the Loan hereunder, may be used to finance the non-U.S. operations of the Borrowers or the Borrower’s Affiliates located outside the United States.
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International Banking Facility. Each Lender may book extensions of credit hereunder on the books and records of its international banking facility, which will constitute an extension of credit within the meaning of Section 204.8(a)(3) of Regulation D of the Board of Governors of the Federal Reserve System (“Regulation D”). Accordingly, pursuant to Regulation D, the Borrower acknowledges that the Lenders have notified the Borrower that it is the policy of the Board of Governors of the Federal Reserve System that extensions of credit by international banking facilities may be used only to finance operations outside the United States of the Borrower or of its Affiliates located outside the United States. The Borrower hereby agrees to comply with such policy.
Sample 1
International Banking Facility. (IBF) Time Deposits
Sample 1
International Banking Facility. (1) Within ninety (90) days of the date of this Agreement, the General Manager, with approval of the Board, shall develop, implement, and thereafter ensure the Branches adherence to a written program of policies and procedures to establish lines of credit with their International Banking Facility (“IBF”) and an expanded audit program that includes: (a) policies and procedures to conduct an audit of the IBF, in particular, an audit of the credit operations performed with an IBF and (b) a determination of the Branches’ level of compliance with all applicable laws, rules and regulations related to an IBF; (2) Upon completion, a copy of the programs shall be submitted to the Assistant Deputy Comptroller for review. (3) The General Manager shall ensure that the Branches have processes, personnel, and control systems to ensure implementation of and adherence to the program developed pursuant to this Article.
Sample 1
International Banking Facility. In any case, the insurance of the Overseas Private Investment Corporation (OPIC) shall not cover Banca Promerica.
Sample 1

Related to International Banking Facility

  • INTERNATIONAL BIDDING All offers (tenders), and all information and Product required by the solicitation or provided as explanation thereof, shall be submitted in English. All prices shall be expressed, and all payments shall be made, in United States Dollars ($US). Any offers (tenders) submitted which do not meet the above criteria will be rejected.

  • Investment Banking Services Except as described in the Registration Statement, the Statutory Prospectus and the Prospectus, during the period beginning 180 days prior to the initial confidential submission of the Registration Statement and ending on the Effective Date, no Member and/or any person associated or affiliated with a Member has provided any investment banking, financial advisory and/or consulting services to the Company.

  • Internet Banking service by means of which it is possible for the client to exercise various transactions posted by the Bank on the special web page of the bank xxx.xxxxxxxxx.xx (without visiting the Bank), according to the regulations established by the Bank;

  • Mobile Banking Services Mobile Banking is a personal financial information management service that allows you to access account information and conduct transactions using compatible and supported mobile phones and/or other compatible and supported wireless devices (including phones, "Wireless Devices"). We reserve the right to modify the scope of the Mobile Banking services at any time. We reserve the right to refuse to make any transaction you request through Mobile Banking. You agree and understand that Mobile Banking may not be accessible or may have limited utility over some mobile telephone networks, such as while roaming.

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following: i. Information pertaining to tuition rates, payments, and educational assistance payments; and

  • Mobile Banking If Mobile Banking is activated for your account(s), you will be required to use secure login information to access the account(s). At the present time, you may use Mobile Banking to:

  • Financial Services Article 116

  • International Users The Service is controlled, operated and administered by the Company from our offices within the USA. If you access the Service from a location outside the USA, you are responsible for compliance with all local laws. You agree that you will not use the Company Content accessed through the Website in any country or in any manner prohibited by any applicable laws, restrictions or regulations.

  • International Shopping Goods estimated to cost less than $100,000 equivalent per contract may be procured under contracts awarded on the basis of international shopping procedures in accordance with the provisions of paragraphs 3.5 and 3.6 of the Guidelines.

  • INTERNATIONAL TRANSPORT 1. Profits of an enterprise of a Contracting State from the operation of ships, aircraft or road-transport vehicles in international traffic shall be taxable only in that State. 2. The provisions of paragraph 1 shall also apply to profits from participation in a pool, a joint business or an international operating agency.

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