Competing Financial Services Organization definition

Competing Financial Services Organization means an Entity unaffiliated with the Corporation that is engaged in any of the following businesses: depository accounts, consumer and/or commercial lending, residential and/or commercial mortgage lending, retail banking, wealth management, investment advisory services, trust services, or the sale of insurance products, if that Entity provides a service or product that is the same as or substantially similar to and competitive with a service or product being offered by the Corporation, the Bank or any Affiliate immediately prior to the Date of Termination or approved to be offered within ninety (90) days of the Date of Termination.
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Competing Financial Services Organization means an entity engaged in the commercial, retail or mortgage banking or lending business that provides services and products that are the same as or competitive with the services and products offered by the Corporation (or one of its subsidiaries) immediately prior to the date Employee’s employment ends or were approved to be offered within ninety (90) days of Employee’s last day of employment with the Corporation. This restrictive covenant applies only if the Competing Financial Services Organization operates, or is seeking to open one or more branch facilities within a fifty (50) mile radius of the Corporation’s headquarters or within a twenty-five (25) mile radius of any other facility operated by the Corporation (or one of its subsidiaries) where commercial, retail or mortgage banking or lending services and products are offered to the public.
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Competing Financial Services Organization means an entity engaged in the commercial, retail or mortgage banking or lending business; any entity providing insurance products and services; and any entity providing investment and/or wealth management products and services if such services and products are the same as or competitive with the services and products offered by the Bank (or one of its Related Entities) immediately prior to the date when Executive’s employment ends or were approved to be offered by the Bank within ninety (90) days of Executive’s last day of employment with the Bank. This restrictive covenant applies only if the Competing Financial Services Organization operates, or is seeking to open one or more branch facilities within a fifty (50) mile radius of the Bank’s headquarters or within a twenty five (25) mile radius of any other facility operated by the Bank (or one of its Related Entities) where commercial, retail or mortgage banking or lending, insurance, or investment or wealth management services and products are offered to the public.
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Examples of Competing Financial Services Organization in a sentence

  • During the Restricted Period, Executive shall refrain from inducing, soliciting or encouraging a Key Employee to quit his/her employment with the Corporation, the Bank or any Affiliate in connection with an offer of a job or an opportunity to work in the same, substantially similar or higher position for a Competing Financial Services Organization which offers or is preparing to offer Competitive Services of Products in the Market Area.

  • Competitive Service or Product" means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Corporation, the Bank or any of their Affiliates at the Date of Termination or which have been approved by the Corporation, the Bank or any of their Affiliates to be offered within ninety (90) days of the Date of Termination.

  • At all times during employment with the Corporation, and during the Restricted Period (defined above), Executive shall refrain from inducing, soliciting or encouraging a Key Employee (defined herein) to leave employment with the Corporation, with the intent, hope or purpose of having the Key Employee join a Competing Financial Services Organization in a similar capacity, if that competitive organization has customer service facilities located within the Restricted Territory (defined above).

  • Competing Financial Services Organization" means an entity unaffiliated with the Employer that is engaged in the commercial, retail or mortgage banking or lending business, wealth management business, investment advisory business, or trust service business that provides services and products that are the same as or competitive with the services and products offered by the Employer immediately prior to the Termination Date or were approved to be offered within ninety (90) days of the Termination Date.

  • Competitive Service or Product" means those services or products offered by a Competing Financial Services Organization that are the same as or competitive with those services or products offered by the Employer at the Termination Date or which have been approved by the Employer to be offered within ninety (90) days of the Termination Date.

  • At all times during employment and during the Restricted Period, Executive shall not accept employment in a Competitive Position with, own, operate, or provide consulting, advisory or contracted management services (whether as a director, officer, independent contractor, member, owner or shareholder) to or on behalf of any Competing Financial Services Organization.

Related to Competing Financial Services Organization

  • Employment services organization means an organization that provides community-based employment services to individuals with disabilities that is an approved Commission on Accreditation of Rehabilitation Facilities (CARF) accredited vendor of the Department of Aging and Rehabilitative Services.

  • Competing Services means to provide, manage, supervise, or consult about (whether as an employee, owner, partner, stockholder, investor, joint venturer, lender, director, manager, officer, employee, consultant, independent contractor, representative or agent, or otherwise) any services that are similar in purpose or function to services you provided to the Company in the two year period preceding the termination of your employment, that might involve the use or disclosure of Confidential Information, or that would involve business opportunities related to Relevant Products.

  • Competing Organization means any person or organization, including the Executive, engaged in, or about to become engaged in, research on or the acquisition, development, production, distribution, marketing or providing of a Competing Product.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Hospice services means palliative and supportive care and other services provided by an interdisciplinary team under the direction of an identifiable hospice administration to terminally ill hospice patients and their families to meet the physical, nutritional, emotional, social, spiritual, and special needs experienced during the final stages of illness, dying, and bereavement, as defined in Minnesota Statutes, § 144A.75, subd. 8, and includes the set of services as determined by the Medicare program under §1861(dd) of the Social Security Act and defined in 42 CFR § 418.3.

  • Financial Services Business for purposes of this Unit Agreement shall mean the business of banking, including deposit, credit, trust and investment services, mortgage banking, asset management, and brokerage and investment banking services.

  • 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;

  • Banking organization means a bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, or any organization defined by law as a bank or banking organization.

  • Metropolitan planning organization means the same as that term is defined in Section 72-1-208.5.

  • Financial Services Provider means any Lender and any other provider of financial services or products;

  • Comparable Services means services that are identical or materially similar to the benchmarked Services (including in terms of scope, specification, volume and quality of performance) provided that if no identical or materially similar services exist in the market, the Supplier shall propose an approach for developing a comparable services benchmark;

  • link services means all new services necessary to connect the internal services to the bulk services; and

  • Home health aide services means the personal care and maintenance activities provided to individuals for the purpose of promoting normal standards of health and hygiene.

  • Food services means the preparation and serving of nutritionally balanced meals and snacks.

  • Special Services means all forms of services pertaining

  • financial service provider means a person engaged in the business of providing financial services in terms of authorisation issued or registration granted by a financial sector regulator;

  • Procurement organization means an eye bank, organ procurement organization, or tissue bank.

  • Competing Service means implementation, consulting, support, maintenance, development and/or training services relating to or in connection with the use of any Company Products or Competing Products.

  • Commercial Mobile Radio Services (CMRS) means Commercial Mobile Radio Service, As Defined in the Act and FCC rules.

  • Appraisal management services means one or more of the following:

  • Information Services means the Municipal Securities Rulemaking Board’s Electronic Municipal Market Access System; or, such other services providing information with respect to called municipal obligations as the District may specify in writing to the Paying Agent or as the Paying Agent may select.

  • Financial Services means any service of a financial nature, including (but not limited to) —

  • Competing Program has the meaning set forth in Section 8.5.

  • Professional employer organization means an employee leasing

  • Healthcare services means all inpatient services (i.e., acute-care diagnostic and therapeutic inpatient hospital services), outpatient services (i.e., acute-care diagnostic and therapeutic outpatient services, including but not limited to ambulatory surgery and radiology services), and professional services (i.e., medical services provided by physicians or other licensed medical professionals) to the extent offered by Defendant and within the scope of services covered on an in-network basis pursuant to a contract between Defendant and an Insurer. “Healthcare Services” does not mean management of patient care, such as through population health programs or employee or group wellness programs.

  • Contractual Services are defined as those specified services established within the OAG approved budget for which the Provider is to be paid upon completion at the set rate also established within the OAG approved budget, as authorized expenditures eligible for payment, or reimbursement pursuant to ARTICLE 9, AUTHORIZED EXPENDITURES, of this Agreement.