Approved Issuing Institution definition

Approved Issuing Institution means a bank or other institution whose long term unsecured and unguaranteed debt has a rating not less than at least 2 (two) of the following ratings:
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Approved Issuing Institution means a bank or other institution whose long term unsecured and unguaranteed debt has a rating which matches or is higher than at least two of the following ratings given by the following rating agencies:
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Examples of Approved Issuing Institution in a sentence

  • Upon a Capacity Agreement being entered into between the Applicant and the Operating Company, the Applicant shall promptly serve upon the Approved Issuing Institution the notice referred to in such undertaking and shall procure that the Approved Issuing Institution issue such First Demand Guarantee in accordance with the terms of such undertaking.

  • Each Applicant and each User providing a First Demand Parent Company Guarantee or, as the case may be, a First Demand Guarantee pursuant to this clause 10 will at the same time provide to the Operating Company, or procure the provision of, reasonable evidence that such guarantee has been issued and authorised by the appropriate representative(s) of the Parent Company or Approved Issuing Institution, as the case may be.

  • III.10.5 Signing authorities Each Applicant and each User providing a First Demand Parent Company Guarantee or, as the case may be, a First Demand Guarantee pursuant to this clause 10 will at the same time provide to the Operating Company, or procure the provision of, reasonable evidence that such guarantee has been issued and authorised by the appropriate representative(s) of the Parent Company or Approved Issuing Institution, as the case may be.

  • If the Applicant becomes a User, we [ name of the Approved Issuing Institution] (the "Guarantor"), hereby irrevocably and unconditionally undertake to promptly issue a first demand guarantee in the form set out in Part II of Annex (b) of the Regasification Code (the "First Demand Guarantee").

  • Case management, which includes continual individualized assistance and advocacy to ensure that needed services are offered and procured.

  • We represent that [ name of the Approved Issuing Institution] is an Approved Issuing Institution as defined in the Regasification Code.

Related to Approved Issuing Institution

  • 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.

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • approved institution means an entity so named in a Certificate. 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.

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Qualifying Institution means the United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof, or a foreign bank, having assets $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least "A" from S&P and "A2" from Moody's.

  • Eligible lending institution means a financial

  • Submitting Institution An organization who submitted a genomic dataset to an NIH-designated data repository (e.g., dbGaP).

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

  • Receiving Institution The college or university where a transfer student plans to enroll and to apply previously earned credit toward a degree program.

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

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

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

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

  • Custodial Institution means any Entity that holds, as a substantial portion of its business, financial assets for the account of others. An entity holds financial assets for the account of others as a substantial portion of its business if the entity’s gross income attributable to the holding of financial assets and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of: (i) the three-year period that ends on December 31 (or the final day of a non-calendar year accounting period) prior to the year in which the determination is being made; or (ii) the period during which the entity has been in existence.

  • Training Institution means the Grantee.

  • Public institution means any entity established or controlled by the federal government, state government, or a local government or municipality, including, but not limited, institutions of higher education and related research institutions.

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • 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.

  • Covered institution means, on and after the Effective Date of its initial Management Agreement, a public institution of higher education of the Commonwealth of Virginia that has entered into a management agreement with the Commonwealth to be governed by the provisions of Subchapter 3 of the Act.

  • private institution (“sefydliad preifat”) means an institution which is not publicly funded;

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

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Collecting bank means a bank handling the item for collection except the payor bank.

  • Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).