Bank sponsor definition

Bank sponsor or "sponsor" means any public or private entity responsible for establishing and, in most circumstances, operating a bank.
Bank sponsor means any public or private entity finan- cially responsible for establishing and, in most cases, operating a mitigation bank.
Bank sponsor means any public or private entity financially responsible

Examples of Bank sponsor in a sentence

  • The Bank sponsor shall notify the MDEQ in writing within 20 days after construction of the Bank is complete.

  • This Agreement shall be binding on the Bank sponsor, its successors, and assigns.

  • The Bank sponsor is responsible for obtaining all appropriate local, county, state, and federal approvals and authorizations needed to construct and maintain the Bank.

  • Operation and maintenance of the mitigation wetlands in the Bank are the responsibility of the Bank sponsor, and not of a permit holder who has purchased a credit.

  • The Bank sponsor will own, establish, operate, maintain, and provide for protection of the Bank in perpetuity.


More Definitions of Bank sponsor

Bank sponsor means a bank other than an originator bank that establishes and manages an asset-backed commercial paper programme or other securitisation scheme that purchases exposures from third party entities;
Bank sponsor means the person or entity responsible for establishing and operating a bank.
Bank sponsor or "sponsor" means any public or pri- vate entity responsible for establishing and, in most circum- stances, operating a bank.
Bank sponsor means The Bank of Missouri, a Missouri-chartered bank, or any other FDIC-insured bank designated by Purchaser that is a principal member of a Credit Card Network.
Bank sponsor means any public or private entity
Bank sponsor means any public or private entity finan- cially responsible for establishing or operating a mitigation bank.
Bank sponsor means the public or private entity responsible for establishing and operating the Bank.