Acceptable Financial Institution definition

Acceptable Financial Institution means a first class international bank having a registered office in a country of the European Union with a senior unsecured foreign currency debt rating of at least “A-” or higher by S&P Global Inc. (or any successor entity) or “A3” by Xxxxx’x Investor Services Inc. (or any successor entity) and which is reasonably acceptable to the Operator.

Acceptable Financial Institution means a financial institution that:

Acceptable Financial Institution means a bank holding a banking licence issued by the Bank of Mauritius.

Examples of Acceptable Financial Institution in a sentence

• Securities held by a custodian which is an Acceptable Financial Institution and where the owner’s interest under the relevant custodian agreement and the securities themselves are subject to a first priority legal mortgage or fixed charge in favour of the trustees of the Scheme.

• Without prejudice to any additional requirements stipulated in the appropriate Contingent Asset Certificate or the accompanying notes or help files in Exchange the Type C Contingent Asset must be issued by an Acceptable Financial Institution.

• Interconnection Customer shall provide to TVA security as specified below for compliance with the provisions of this Agreement in the form of an unconditional and irrevocable letter of credit (“Security”) issued by an Acceptable Financial Institution (as defined in Section GP-9.3) and substantially in the form of Attachment 1 (Form of Letter of Credit) to this Exhibit GP or otherwise in form and substance reasonably acceptable to TVA.

• Without prejudice to any additional requirements stipulated in the appropriate Contingent Asset Certificate, or the accompanying notes or help files in Exchange, the Type C Contingent Asset must be issued by an Acceptable Financial Institution.

• Type C standard form and definition of Acceptable Financial Institution.

More Definitions of Acceptable Financial Institution

Acceptable Financial Institution means a U.S. commercial bank or a foreign bank with a U.S. branch office, with the respective rating then assigned to its unsecured and senior long-term debt or deposit obligations (not supported by third party credit enhancement) by S&P or Moody’s of at least “A” by S&P or “A2” by Moody’s.

Acceptable Financial Institution means a first class international bank having a registered office in a country of the European Union with a senior unsecured foreign currency debt rating of “A-” or higher by S&P Global Inc. (or any successor entity) or “A3” or higher by Moody’s Investor Services Inc. (or any successor entity) and which is reasonably acceptable to the Operator.

Acceptable Financial Institution means a reputable financial institution registered in Australia and operating as a bank, credit union or building society. which:

Acceptable Financial Institution means (a) each of the financial institutions listed in Schedule B attached hereto and (b) any financial institution organized under the laws of the United States or any state thereof or the District of Columbia or any U.S. branch of a foreign bank having combined capital and surplus of not less than $250.0 million.

Acceptable Financial Institution means AmSouth Bank, Colonial Bank, SouthTrust Bank or First Commercial Bank, each in Birmingham, Alabama, or such other financial institution as may be acceptable to Lessor.

Acceptable Financial Institution means a depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities, so long as at all times the short-term commercial paper, certificates of deposit or other debt obligations of such depository institution or trust company are rated at least A-1 by S&P and P-1 by Moody’s and the long-term unsecured debt obligations of which are rated at least A by S&P and the equivalent thereof by Moody’s.

Acceptable Financial Institution means a depository institution or trust company incorporated under the laws of the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities, so long as (a) at all times the short-term commercial paper, certificates of deposit or other debt obligations of such depository institution or trust company are rated at least A‑1 by S&P and P‑1 by Xxxxx’x and the long-term unsecured debt obligations of which are rated at least A by S&P and the equivalent thereof by Xxxxx’x or (b) such depository institution or trust company has otherwise been approved by Lender, such approval not to be unreasonably withheld.