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.
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.
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.

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.

  • 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.

  • 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).

  • 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 engaged in, or with definitive plans to become engaged in, research or development, production, distribution, marketing or selling 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 symptom and pain management to a terminally ill individual, and emotional, spiritual and bereavement services for the individual and their family in a place of temporary or permanent residence, and may include the provision of home health and home care services for the terminally ill individual.

  • 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.

  • 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:

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

  • Professional employer organization means any person that enters into a written agreement with a

  • Healthcare services means any services included in the furnishing to any individual of medical, podiatric, or dental care, or hospitalization, or incident to the furnishing of that care or hospitalization, and the furnishing to any person of any and all other services for the purpose of preventing, alleviating, curing, or healing human illness, injury, or physical disability. Medically Necessary means medical, surgical, or other services required for the prevention, diagnosis, cure, or treatment of a health-related condition, including such services necessary to prevent a decremental change in either medical or mental health status. Originating Site means a site at which a patient is located at the time Healthcare Services are provided to them by means of telemedicine, which can be include a patient's home where Medically Necessary and Clinically Appropriate. Store-and-forward Technology means the technology used to enable the transmission of a patient's medical information from an Originating Site to the Healthcare Provider at the Distant Site without the patient being present. Telemedicine means the delivery of clinical Healthcare Services by use of real time, two-way synchronous audio, video, telephone-audio-only communications or electronic media or other telecommunications technology including, but not limited to: online adaptive interviews, remote patient monitoring devices, audiovisual communications, including the application of secure video conferencing and store-and-forward technology to provide or support healthcare delivery, which facilitate the assessment, diagnosis, counseling and prescribing treatment, and care management of a patient’s health care while such patient is at an Originating Site and the Healthcare Provider is at a Distant Site, consistent with applicable federal laws and regulations. “Telemedicine” does not include an email message or facsimile transmission between a Provider and patient, or an automated computer program used to diagnose and/or treat ocular or refractive conditions. General Requirements

  • 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.

  • financial service means a service of a financial nature, including insurance, and a service incidental or auxiliary to a service of a financial nature;

  • Interscholastic Activities means athletic or non-athletic/academic activities where students compete on a school vs. school basis.

  • Alliance means the Public Service Alliance of Canada;