Eligible Institutions definition

Eligible Institutions means any banks in relation to which, on any given date, its long term unsecured, unsubordinated and unguaranteed debt obligations and its short term unsecured, unsubordinated and unguaranteed debt obligations are rated at least as high as the long-term rating and the short-term rating specified in column 2 of the table below corresponding to the category of the OBG as at the same day as specified in column 1 of the table below, provided however that if the OBG has been downgraded as a result of the downgrading of the relevant bank refernce must be made to the category of the OBG as specified in column 1 of the table below immediately prior to such downgrade. Mandatory Tests under the MEF Decree

Eligible Institutions means two or four-year Virginia (i) public institutions of higher education

Eligible Institutions means two or four-year Virginia (i) public institutions of higher education and (ii) private, nonprofit and for-profit, nonsectarian, degree-granting institutions of higher education that are institutionally accredited by an accrediting commission recognized by the United States Department of Education, and whose primary purpose is to provide collegiate, graduate, technical or professional education and not to provide religious training or theological education.

Examples of Eligible Institutions in a sentence

• Eligible Institutions: The USAMRMC makes awards to institutions; eligible institutions include for-profit, nonprofit, public, and private organizations, such as universities, colleges, hospitals, laboratories, and companies.

• Eligible Institutions: USAMRMC makes awards to institutions; eligible institutions include for-profit, nonprofit, public, and private organizations, such as universities, colleges, hospitals, laboratories, and companies.

• The Trustee may appoint one or more Eligible Institutions to act as its agent or agents to perform any or all of its duties and obligations under this Agreement.

• In the event that the signatures in this Letter or a notice of withdrawal, as the case may be, are required to be guaranteed, such guarantees must be by an eligible guarantor institution which is a member of The Securities Transfer Agents Medallion Program (STAMP), The New York Stock Exchanges Medallion Signature Program (MSP) or The Stock Exchanges Medallion Program (SEMP) (collectively, "Eligible Institutions").

• BBH then randomly allocates each Client’s Excess Cash among that Business Day’s participating Eligible Institutions.

More Definitions of Eligible Institutions

Eligible Institutions means institutions of higher education listed in Utah Code Ssection 53B-2-101(1), or a private, nonprofit college or university in the stateUtah that is accredited by the Northwest Commission on Colleges and Universities.

Eligible Institutions means those financial institutions identified as "Anchor Banks" by Bank Negara Malaysia from time to time.

Eligible Institutions means a public or private institution of higher education in this State that possesses a certificate of approval from the Commission.

Eligible Institutions means any Library Authority in the United Kingdom. "Fee" means the fees as set out in Annex 1.

Eligible Institutions means public institutions, community institutions and community annex programs which have met specific eligibility criteria, approved by the Association, in order to receive Matching Grants and Performance Grants for the financing of IPs and PPs.

Eligible Institutions means institutions of the USHE or any private, nonprofit institution of higher education in Utah accredited by the Northwest Commission on Colleges and Universities (NWCCU).

Eligible Institutions are institutions whose (1) commercial paper, short- term debt obligations or other short-term deposits are rated at least "A 1+" or the equivalent by the applicable Rating Agencies, if the deposits are to be held in the account for less than thirty (30) days, or (2) long-term unsecured debt obligations are rated at least "AA" or the equivalent, if the deposits are to be held in the account for more than thirty (30) days. Following a rating downgrade, withdrawal, qualification or suspension of such institution's rating, each account must promptly (and in any case within not more than thirty (30) calendar days) be moved to a qualifying institution or to one or more segregated trust accounts in the trust department of such institution, if permitted. No Eligible Account shall be evidenced by a certificate of deposit, passbook or other instrument. Each Eligible Account (A) shall be a separate and identifiable account from all other funds held by the holding institution, (B) shall be established and maintained in the name of the Lender (and subsequent to any Securitization, shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the holders of the Certificates), (C) shall be under the sole dominion and control of Lender, and should contain only funds held for its benefit. The out-of-pocket costs reasonably incurred in establishing and maintaining any account or reserve held by Lender pursuant to this Agreement or any other Loan Document shall be borne by Borrower.