Financial Services Institution definition

Financial Services Institution. Any entity that performs one or more of the following activities (whether directly or indirectly through a subsidiary Controlled by said entity): (i) operation of a state or federally regulated commercial bank, savings bank, savings and loan association, credit union, mutual or thrift association or any other institution that accepts deposits of money, (ii) operation of a stock brokerage firm, (iii) mortgage broker, (iv) finance company, mortgage company or any other institution that lends money, (v) investment banking, (vi) insurance brokerage, and (vii) provision of any other financial services or sale of any products that Tenant is permitted to offer by Law. ​
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Financial Services Institution. As defined in Section 5.1.
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Financial Services Institution means any entity that performs one or more of the following activities: (i) operation of a commercial bank, savings bank, savings and loan association, credit union, mutual or thrift association or any other institution that accepts deposits of money, (ii) operating of any sort of automated teller machine or cash dispensing machine, (iii) operation of a stock brokerage firm, (iv) mortgage broker, (v) finance company, mortgage company or any other institution that lends money, (vi) investment banking, (vii) insurance brokerage, and (viii) provision of any other financial services or sale of any products that Tenant is permitted to offer by law. Tenant shall use the Premises and all parking and common areas only as provided by and in accordance with all Encumbrances, subject to Landlord’s reservation of rights herein. Tenant shall not use or occupy the Premises, or any part thereof, nor permit or allow the Premises or any part thereof to be used or occupied, for (i) any purpose or in any manner which is in violation of any Law or a violation of the provisions set forth in Section 33 or (ii) in any manner which violates any certificates of occupancy for the Premises or makes void or voidable any insurance then in force with respect thereto as is required pursuant to Section 18 hereof. Tenant’s occupancy of the Premises will be in compliance with all Laws and insurance requirements, and as otherwise provided in this Lease. Tenant shall neither suffer nor permit the Premises or any portion thereof to be used, or otherwise act or fail to act, in such a manner as (I) might reasonably tend to impair Landlord’s title thereto or to any portion thereof, other than a Permitted Encumbrance, (II) may make reasonably possible a claim of adverse use or possession, or an implied dedication of the Premises or any material portion of the Premises, or (III) may subject the Premises or this Lease to any Encumbrances, other than Permitted Encumbrances.
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Examples of Financial Services Institution in a sentence

  • Tenant will not assign, sublet, permit another to occupy, pledge, mortgage, or otherwise transfer this Lease or the whole or any part of the Premises without in each instance having first received the express written consent of Landlord which will not be unreasonably withheld or delayed provided that the person(s) or entity to whom the Premises are assigned or sublet is not a Financial Services Institution, otherwise, consent shall be in Landlord's sole discretion.

  • Notwithstanding the foregoing, Tenant shall have the right to sublease all or a portion of the Premises, to permit occupancy of all or a portion of the Premises, and to assign its interest in this Lease to any Affiliated Entity, as hereinafter defined, which is not a Financial Services Institution, without obtaining prior Landlord's consent, and any such transfer shall not be subject to the provisions of Section 19.02.

  • Without limiting the generality of Section 24.B above, and notwithstanding any other term or condition of this Lease, Tenant shall have the right, without the prior consent of Landlord, to assign this Lease to any bank or other Financial Services Institution that acquires all or substantially all of the assets or stock of Tenant by merger, acquisition, purchase or otherwise (such acquiring entity is herein are referred to as a “Successor Bank”.


More Definitions of Financial Services Institution

Financial Services Institution means a financial services institution (Finanzdienstlei- stungsinstitut) within the meaning of section 1 para 1a KWG established as a Company.
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Financial Services Institution. Any entity that performs one or more of the following activities: (i) operation of a state or federally regulated commercial bank, savings bank, savings and loan association, credit union, mutual or thrift association or any other institution that accepts deposits of money, (ii) operation of a stock brokerage firm, (iii) mortgage broker, (iv) finance company, mortgage company or any other institution that lends money, (v) investment banking, (vi) insurance brokerage, and (vii) provision of any other financial services or sale of any products that Tenant is permitted to offer by Law.
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Financial Services Institution means any stock brokerage or investment banking firm other than Tenant or a Related Entity; it being agreed and understood, however, that a "Financial Services Institution" shall specifically exclude any bank or other like financial services organization, who shall lease, license or occupy (1) any ground floor or retail space in the Building for retail banking or other like retail financial services and use, occupy or lease a non-material portion of such space for retail stock brokerage or investment banking operations provided that stock brokerage or investment banking operations is ancillary to such entity's main business (e.g., a commercial bank); and/or (2) any space in the Building above the ground floor for office use.
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