Assessment Risk Classification definition

Assessment Risk Classification means the assessment risk classification assigned to each of the Bank Subsidiaries for purposes of assessment of premiums by the Federal Deposit Insurance Corporation for deposit insurance pursuant to 12 C.F.R. (S) 327.3(d) or the corresponding assessment risk classification, as determined by the Lender, pursuant to any successor assessment risk classification system.
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Examples of Assessment Risk Classification in a sentence

  • Risk Level Assessment Risk Classification According to the colours of each rhombus, the risk is classified as follows: • High risk: 3 to 4 red rhombuses• Medium risk: 1 to 2 red rhombuses or 4 yellow rhombuses• Low risk: 1 to 3 yellow rhombuses and the remaining green Risk Level Interpretation • High risk: From 75% to 100%, the values that represent vulnerability are at the peak.

  • In addition, Notices of Assessment Risk Classification, presently mailed with the first quarterly invoice each semiannual period (see 12 CFR 327.4(a)), would be provided with the first quarterly certified statement invoice each semiannual period on FDICconnect.Each institution would register an employee as its FDICconnect Designated Coordinator, who would access the quarterly certified statement invoice or grant access for that purpose to another individual.

Related to Assessment Risk Classification

  • Assessment roll means a permanent record of the assessment of property as

  • Job Classification means an arrangement of tasks in an establishment or industry into a limited series of jobs or occupations, rated in terms of skill, responsibility, experience, training, and similar considerations, usually for wage setting purposes. This term, or job class, refers to a single cluster of jobs of approximately equal “worth.”

  • Assessment area means an area, or, if more than one area is designated, the

  • Classification means the identification of a position by reference to a class title and pay range number.

  • Moody’s Industry Classification means the industry classifications set forth in Schedule 4 hereto, as such industry classifications shall be updated at the option of the Servicer if Moody’s publishes revised industry classifications. The determination of which Moody’s Industry Classification to which an Obligor belongs shall be made in good faith by the Servicer.

  • Assessment Date means the tax assessment effective date for each tax year in question,i.e. December 31 of the immediately preceding calendar year.

  • Risk assessment means a programme to determine any risk associated with any hazard at a construction site , in order to identify the steps needed to be taken to remove, reduce or control such hazard;

  • film classification body means the person or persons designated as the authority under section 4 of the Video Recordings Act 1984 (c.39) (authority to determine suitability of video works for classification).

  • S&P Industry Classification The S&P Industry Classifications set forth in Schedule 2 hereto, which industry classifications may be updated at the option of the Collateral Manager if S&P publishes revised industry classifications.

  • Price and Preferential Points Assessment means the process described in clause 27.6 of this Part C, as prescribed by the PPPFA.

  • Assessment Rate means, for any day, the annual assessment rate in effect on such day that is payable by a member of the Bank Insurance Fund classified as "well-capitalized" and within supervisory subgroup "B" (or a comparable successor risk classification) within the meaning of 12 C.F.R. Part 327 (or any successor provision) to the Federal Deposit Insurance Corporation for insurance by such Corporation of time deposits made in dollars at the offices of such member in the United States; provided that if, as a result of any change in any law, rule or regulation, it is no longer possible to determine the Assessment Rate as aforesaid, then the Assessment Rate shall be such annual rate as shall be determined by the Administrative Agent to be representative of the cost of such insurance to the Lenders.

  • Change in Tax Classification has the meaning set forth in Section 5.2(h).

  • self-assessment means an assessment made by a taxpayer or his representative under section 28;

  • Assessment Report : means the assessment report referred to in Articles 32(2) and 33(3) of Regulation (EC) No 834/2007 drawn up by an independent third party fulfilling the requirements of ISO Standard 17011 or by a relevant competent authority, which includes information on document reviews, including the descriptions referred to in Articles 4(3)(b) and 11(3)(b) of this Regulation, on office audits, including critical locations and on risk-oriented witness audits conducted in representative third countries.

  • Sales assessment ratio studies means sales assessment ratio studies

  • Industry Classification Group means (a) any of the classification groups set forth in Schedule 1.01(c) hereto, together with any such classification groups that may be subsequently established by Moody’s and provided by the Borrower to the Lenders, and (b) up to three additional industry group classifications established by the Borrower pursuant to Section 5.12.

  • Approved Classification Society means, in relation to a Ship, a classification society which is a member of IACS (other than the China Classification Society and the Russian Maritime Registry of Shipping) and acceptable to the Agent;

  • Assessment of Compliance As defined in Section 3.21.

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;

  • Assessment year means the period of twelve months commencing on the 1st day of April every year;

  • assessment period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Assessment means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement assessment;

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Federal poverty level means the poverty level as defined by the most recently revised poverty income guidelines published by the United States Department of Health and Human Services in the Federal Register.

  • Classification Seniority means the length of service in the classification, calculated from the date the employee enters the classification.

  • Own risk and solvency assessment means a confidential internal assessment, appropriate to the nature, scale, and complexity of an insurer or insurance group, conducted by that insurer or insurance group of the material and relevant risks associated with the insurer or insurance group's current business plan, and the sufficiency of capital resources to support those risks.