Control Institution definition

Control Institution means the depository institution at which the Control Account is established, which initially shall be Xxxxx Fargo Bank, N.A., and may be changed by agreement among the Parties.
Sample 1Sample 2Sample 3
Control Institution means the depository institution at which the Control Account is established, which initially shall be Wells Fargo Bank, N.A., and may be changed by agreement among the Parties.
Sample 1

Examples of Control Institution in a sentence

  • Conference on Road Transport Information and Control, Institution of Electrical Engineers, 21- 23.

  • In addition, the accounts of the Authority shall be audited by MoF and the General Control Institution as stated in (Chapter Six, Financial Resources, Article.23, Point.3) of Water Law.

  • It became Supreme Audit and Financial Control Institution in August 2017 and reports to the Parliament and the President of Uzbekistan.

  • Turkish Government Control Institution has submitted a report about MHA implementations.

  • This arrangement will be completed by a performance audit to be conducted by the National Control Institution, CONSUPE.

  • To achieve this result, the contractor shall organize at least four Public Control Institutions’ Training Workshops, aimed at improving capacities of Supreme Audit Institutions (SAI) and other control units (Chamber of Accounts of the Supreme Court, the National Commission for Verification of Public Procurement, and if possible, the Inspector General of Finance).STATUS: RTI conducted six Public Control Institution Training Workshops.

  • In the sectoral approach, each quality institution dealing with quality and safety matters has its own quality control laboratories whereas in combined approach, all the quality matters are handled by only one National Quality Control Institution.

  • Furthermore, the Court of Auditors of the CAR, the Supreme Control Institution, benefits from assistance measures under a reform support operation currently executed by the World Bank.

  • UK was highly satisfied about the important initiative to establish a Control Institution.

  • PMI shall provide to Bank copies of the Account Documentation (as defined in the Control Account Agreement), including any amendments thereto, promptly upon receipt from the Control Institution.

Related to Control Institution

  • Custodial Institution means any Entity that holds, as a substantial portion of its business, financial assets for the account of others. An entity holds financial assets for the account of others as a substantial portion of its business if the entity’s gross income attributable to the holding of financial assets and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of: (i) the three-year period that ends on December 31 (or the final day of a non-calendar year accounting period) prior to the year in which the determination is being made; or (ii) the period during which the entity has been in existence.

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.

  • Private institution (“sefydliad preifat”) means an institution which is not publicly funded;

  • Financial institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company.

  • State institution means a mental health institute, as defined in s. 51.01 (12), a center for the developmentally disabled, as defined in s. 51.01 (3), or a secure mental health facility at which persons are committed under s. 980.06.

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;

  • approved institution means an entity so named in a Certificate, as hereinafter defined. From time to time, the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • Medical institution means an organization in which several medical disciplines are practiced.

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • Eligible Institution Any of the following:

  • Host Institution means the body or institution or administering organisation named in the Letter of Award as the “Host Institution” as the body responsible for undertaking and managing the Research;

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • Postsecondary educational institution means a degree- or certificate-granting public or private college or university, junior college, or community college that is located in this state. The term includes the governing body of the postsecondary educational institution.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • 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.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Licensed financial institution means a financial institution issued a license under this act.

  • Correctional institution means a state prison, prison facility, or other prison institution, correctional camp, community corrections center, correctional farm, state reformatory, or probation recovery camp, owned, operated, leased, supervised, or contracted for by this state.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • health institution means an organisation whose primary purpose is the care or treatment of patients or the promotion of public health;