Financial Services Subsidiary definition

Financial Services Subsidiary means a Subsidiary engaged exclusively in mortgage banking (including mortgage origination, loan servicing, mortgage brokerage and title and escrow businesses), master servicing and related activities, including, without limitation, a Subsidiary which facilitates the financing of mortgage loans and mortgage-backed securities and the securitization of mortgage-backed bonds and other activities ancillary thereto.
Financial Services Subsidiary means a subsidiary of Fiat:
Financial Services Subsidiary means a subsidiary of CNH Industrial:

Examples of Financial Services Subsidiary in a sentence

  • The maintenance of a yearly cash flow chart, revised following each transaction, that will provide data to assist proper planning and decision making regarding amount, duration, and type of investments for the School District; 4.

  • CNH Global shall not permit any Unrestricted Financial Services Subsidiary to consummate a transaction that would constitute an Asset Sale had it been consummated by a Restricted Subsidiary unless such Unrestricted Financial Services Subsidiary receives Fair Market Value for the assets, net of any liabilities assumed, sold or disposed of.

  • Each CT Financial Services Subsidiary that is a depository institution is an "insured institution" as defined in the Federal Deposit Insurance Act and applicable regulations thereunder, and the deposits in which are insured by the Bank Insurance Fund or the Savings Association Insurance Fund, as appropriate.

  • Each CT Financial Services Subsidiary is either a bank, a savings association or a corporation and is duly organized, validly existing, and (as to corporations) in good standing under the Laws of the jurisdiction in which it is organized and has the corporate power and authority necessary for it to own, lease and operate its Assets and to carry on its business as now conducted.

  • In February 2005 Mr. Al Blooshi became the Head of Domestic Capital Market Group and the General Manager of Abu Dhabi Financial Services (Subsidiary of National Bank of Abu Dhabi) and he was given the title of Senior Manager / Asset Management Group in October 2006.


More Definitions of Financial Services Subsidiary

Financial Services Subsidiary means any Subsidiary engaged exclusively in mortgage banking (including mortgage origination, loan servicing, mortgage broker and title and escrow businesses), master servicing and related activities, including any Subsidiary which facilitates the financing of mortgage loans and mortgage-backed securities and the securitization of mortgage-backed bonds and other activities ancillary thereto.
Financial Services Subsidiary means a subsidiary of FCA:
Financial Services Subsidiary means a Subsidiary of the Company:
Financial Services Subsidiary means a subsidiary of Stellantis N.V.:
Financial Services Subsidiary means a subsidiary of the Company:
Financial Services Subsidiary means any Restricted Subsidiary of CNH Global that is engaged in the Financial Services Business.
Financial Services Subsidiary means a subsidiary of Stellantis N.V.: (A) which carries on no material business other than the offer and sale of financial services products to customers of Members of Stellantis (and other related support activities incidental to the offer and sale of such financial services products including, without limitation, input financing and rental business activities) in any of the following areas: (1) retail financing for the purchase, contract hire or lease of new or old equipment manufactured by a Member of Stellantis or any other manufacturer whose products are from time to time sold through the dealer network of a Member of Stellantis; (2) other retail and wholesale financing programmes reasonably related thereto, including, without limitation, financing to the dealer network of any Member of Stellantis; (3) insurance and credit card products and services reasonably related thereto, together with the underwriting, marketing, servicing and other related support activities incidental to the offer and sale of such financial services products; and (4) factoring and/or licensed banking activities; or (B) a holding company of a Financial Services Subsidiary which carries on no material business or activity other than holding shares in that Financial Services Subsidiary and/or activities described in paragraph (A) above;