Approved Financial Institutions definition

Approved Financial Institutions means financial institutions which have (i)(a) a minimum net worth of $500,000,000 or (b) total assets of $10,000,000,000, and (ii) a minimum long term debt rating of (a) BBB+ or higher by S&P, and (b) Baa1 or higher by Moodx'x.
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Approved Financial Institutions. The “Indemnity Amount” means an amount (“Base Environmental Amount”) reasonably estimated to be sufficient to secure all remaining obligations (including all indemnities under this Land Lease) with respect to all Environmental Liabilities of the Party providing the LOC for the remainder of the Term from and after the occurrence of any Financial Trigger (collectively, “Secured Obligations”). As of the Effective Date, the Parties have agreed that the Indemnity Amount for each Party is the amount as set forth in a separate agreement between them, subject to increase or decrease in the Base Environmental Amount from time to time as may be mutually agreed by the Parties, or if the Parties do not agree, as may be otherwise reasonably estimated by the Security Party based upon reasonably detailed supporting documentation provided by the Security Party at the time of the issuance of any LOC or any other Financial Assurance.
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Approved Financial Institutions means any financial institution that has a rating of at least Baa3 from Xxxxx’x or BBB- from S&P or Fitch.
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Examples of Approved Financial Institutions in a sentence

  • To state a claim for relief, the complaint must "give the defendant fair notice of what the .

  • Approved Financial Institutions All Access Persons must maintain their Accounts with a financial institution listed in Table 1 of the PNC Employee Conduct Policies.

  • Any required payments will be effected through Approved Financial Institutions that participate in the APS, as described in the Finance Procedures.

  • Compliance with the Code of Conduct allows Clearing Members to assure the Clearing House, Governmental Authorities, the public, other Clearing Members and Approved Financial Institutions that their business activities on the Clearing House are, and will continue to be, conducted with integrity.

  • Any required payments will be effected through Approved Financial Institutions that participate in the assured payment system (APS), as described in the Finance Procedures.

  • If a new account has been added during the quarter or accounts are maintained at an entity not on the Approved Financial Institutions List, no later than 10 days after the end of a calendar quarter, Access Persons are required to file a Quarterly PST Report.

  • The Compliance Officer will maintain and distribute the Approved Financial Institutions List, as needed.

  • You may only make transfers to or from your eligible account held by us and Verified Accounts at Approved Financial Institutions.

  • BROKER CONFIRMATIONS/STATEMENTS All Access Persons are to maintain accounts that contain Covered Securities which the Access Person has Beneficial Ownership with entities that are identified upon the Approved Financial Institutions List unless the Compliance Officer and CIO has provided an exception based on circumstances and factors as determined by them.

  • You may use external transfers only to make transfers to and from your eligible accounts and any checking, savings or money market accounts at Approved Financial Institutions, from which accounts you must be authorized to make withdrawals, and for which accounts you have verified your ownership (“Verified Account”).


More Definitions of Approved Financial Institutions

Approved Financial Institutions means banks and other financial institutions incorporated outside Israel, which are rated BBB or higher by Standard & Poor or by Xxxxx'x at the relevant time and banks and other financial institutions incorporated in Israel which are rated AA or higher by Maalot at the relevant time, provided that for the purpose of clause 1.
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Approved Financial Institutions means any financial institution that has a rating of at least Baa3 from Moody’s or BBB- from S&P or Fitch.
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Related to Approved Financial Institutions

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

  • 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.

  • 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.

  • 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.

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

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

  • 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.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • 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.

  • 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.

  • 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;

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • 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.

  • Financial institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company.

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

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

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Qualified United States financial institution means an institution that:

  • Approved Foreign Bank has the meaning specified in the definition of “Cash Equivalents.”

  • educational institutions means schools and suchlike institutions;

  • Qualified Institutional Lender means each of the Initial Note Holders and any other U.S. Person that is:

  • Institutional Lender means one or more commercial or savings banks, savings and loan associations, trust companies, credit unions, industrial loan associations, insurance companies, pension funds, or business trusts including but not limited to real estate investment trusts, any other lender regularly engaged in financing the purchase, construction, or improvement of real estate, or any assignee of loans made by such a lender, or any combination of any of the foregoing entities.

  • approved institution means an entity so named in a Certificate, as hereinafter defined. From time to time, the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.

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