Commercial lending company definition

Commercial lending company means any organization, other than a bank or an organization operating under sec- tion 25 of the Federal Reserve Act (FRA) (12 U.S.C. 601–604a), organized under the laws of any state, that main- tains credit balances permissible for an agency, and engages in the business of making commercial loans. Commercial lending company includes any company chartered under article XII of the banking law of the State of New York.
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Commercial lending company. ’ means any institution, other than a bank or an orga- nization operating under section 25 of the Fed- eral Reserve Act [12 U.S.C. 601 et seq.], orga- nized under the laws of any State of the United States, or the District of Columbia which maintains credit balances incidental to or arising out of the exercise of banking pow- ers and engages in the business of making commercial loans;
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Commercial lending company means any institution, other than a bank or an organization operating under section 25 of the Federal Reserve Act [12 U.S.C.A. § 601 et seq.], organized under the laws of any State of the United States, or the District of Columbia which maintains credit balances incidental to or arising out of the exercise of banking powers and engages in the business of making commercial loans;
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Examples of Commercial lending company in a sentence

  • Commercial lending company includes any company chartered under article XII of the banking law of the State of New York.

  • Commercial lending company: A non-deposit-taking, state-licensed company that makes commercial loans and maintains credit balances.

  • Commercial lending company includes any company chartered under article XII of the banking law of the State of New York (12 CFR § 211.21(g)).

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  • Commercial lending company: Any organization, other than a bank or an organization operating under section 25 of the Federal Reserve Act (12 USC 601-604a), that is organized under the laws of any state, maintains credit balances permissible for an agency, and engages in the business of making commercial loans.

  • Legal name of: Bank Holding Company M Bank M Edge corporation M FRB Use Only—ID RSSD Agreement corporation M Commercial lending company M (check one) Street address (Physical location of principal office, not mailing address) City 2.

  • Commercial lending company means any organization, other than a bank or an organization operating under section 25 of the Federal Reserve Act (12 USC 601-604a), organized under the laws of any state, that maintains creditbalances permissible for an agency and engages in the business of making commercial loans (including any company chartered under Article XII of the banking law of the state of New York).

  • Commercial lending company means any organization, other than a bank or an organization operating under section 25 of the Federal Reserve Act (FRA) (12 U.S.C. 601--604a), organized under the laws of any state, that maintains credit balances permissible for an agency, and engages in the business of making commercial loans.

  • Legal name of: BHC M Bank / Depository institution M Edge corporation M FRB Use Only—ID RSSD Agreement corporation M Commercial lending company M (check one) Street address (Physical location of principal office, not mailing address) City 2.


More Definitions of Commercial lending company

Commercial lending company. ’ means any institution, other than a bank or an orga- nization operating under section 25 of the Fed-
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Related to Commercial lending company

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • Commercial Bank means a bank, defined as a scheduled bank under section 2(e) of the Reserve Bank of India Act, 1934.

  • Initial Lender has the meaning specified in the recital of parties to this Agreement.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Bidding Company means a Subsidiary of the Company whose capital is beneficially owned by the Company and any other Person or Persons that are not Affiliates of the Company for the sole purpose of directly or indirectly bidding on construction projects.

  • 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.

  • Other Founding Companies means all of the Founding Companies other than the Company.

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

  • Founding Companies has the meaning set forth in the third recital of this Agreement.

  • 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.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Insurance premium finance company means a person engaged in the business of

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • 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.

  • Commercial Services means any waste management service, relating or connected to accumulating, collecting, managing, recycling, sorting, storing, treating, transporting, disposing, buying or selling of waste or any other manner of handling waste excluding services rendered by the municipality;

  • Funding Bank shall have the meaning given to such term in Section 3.3 hereof.

  • Money Market Lending Office means, as to each Bank, its Domestic Lending Office or such other office, branch or affiliate of such Bank as it may hereafter designate as its Money Market Lending Office by notice to the Borrower and the Agent; provided that any Bank may from time to time by notice to the Borrower and the Agent designate separate Money Market Lending Offices for its Money Market LIBOR Loans, on the one hand, and its Money Market Absolute Rate Loans, on the other hand, in which case all references herein to the Money Market Lending Office of such Bank shall be deemed to refer to either or both of such offices, as the context may require.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

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

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.