Applicant Financial Institution definition

Applicant Financial Institution shall have the meaning given such term in Paragraph 15(a)(1) above.
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Applicant Financial Institution shall have the meaning assigned thereto in Section 11.1 hereof.
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Applicant Financial Institution shall have the meaning given such ------------------------------- term in Paragraph 11(h)(1) above.
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Examples of Applicant Financial Institution in a sentence

  • The Applicant Financial Institution hereby acknowledges and agrees that from and after ___________ __, 200_ (the "Adjustment Date") it will be a "Lender" under the Credit Agreement and the other Credit Documents with all the rights and benefits and with all the obligations of the Existing Lenders thereunder.

  • The Agent and the Company shall mutually agree on the effective date on which such Applicant Financial Institution shall become a party hereto and a Bank hereunder (the “Adjustment Date”).

  • The Applicant Financial Institution has been approved for inclusion as a Lender under the terms of the Credit Agreement.

  • The Applicant Financial Institution desires to become a "Lender" under that certain Credit Agreement dated as of October 17, 2000 (as amended, extended and restated from time to time, the "Agreement" and with capitalized terms not otherwise defined herein used with the same meaning as in the Agreement), by and among the Administrative Agent, the Lenders currently participating therein (the "Existing Lenders"), and the Borrower.

  • The address of the Applicant Financial Institution for purposes of the Credit Agreement shall initially be as set forth beneath its signature below and shall upon the Adjustment Date be deemed added to Annex II to the Credit Agreement.

  • Subject to the requirements described above, the Applicant Financial Institution shall become a party hereto and a Lender hereunder and shall be entitled to all rights, benefits and privileges accorded a Lender under the Credit Documents and shall be subject to all obligations of a Lender under the Credit Documents.

  • Further, the Company agrees to pay to each of the Banks and the Agent a document review fee equal to Seven Hundred Fifty Dollars ($750.00) for reasonable expenses incurred in reviewing the initial documentation required to add any Applicant Financial Institution as a “Bank” hereunder.

  • As provided in Paragraph 14(a) of the Credit Agreement, on or before the Adjustment Date the Applicant Financial Institution shall pay to the Managing Administrative Agent a registration fee of $3,500.00.

  • At such time, the Company or such Lender, as applicable, shall notify the other parties hereto, including the Administrative Agent, of the identity of such Applicant Financial Institution and such Applicant Financial Institution's proposed Maximum Commitment (which must be not less than $10,000,000.00).

  • On such Adjustment Date: (i) The Lead Administrative Agent shall deliver to the Company and each of the Lenders a Commitment Schedule to be effective as of such Adjustment Date, reflecting the inclusion of such Applicant Financial Institution as a party hereto and a Lender hereunder.


More Definitions of Applicant Financial Institution

Applicant Financial Institution shall have the meaning given such term in Paragraph 12(a) of the Agreement.
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Applicant Financial Institution means a financial institution proposed for inclusion as a "Lender" under the Credit Documents by the Company or by an existing Lender thereunder.
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Applicant Financial Institution means a financial institution proposed for inclusion as a "Lender" under the Credit Documents by the Company or by an existing Lender thereunder. "Approved Securities Offering" shall mean a proposed offering of securities by the Company or an Affiliate of the Company secured or otherwise supported in whole or part by Mortgage Loans and/or Mortgage-Backed Securities, for which the following statements are true, unless otherwise waived in writing by the Majority Lenders:
Sample 1

Related to Applicant Financial Institution

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Licensed financial institution means a financial institution issued a license under this act.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • Non-Reporting Financial Institution means any Financial Institution that is:

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Qualified United States financial institution means an institution that:

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;