Government Development Bank definition

Government Development Bank means the Government Development Bank for Puerto Rico, created by Act No. 17 of September 23, 1948 [7 L.P.R.A. §§ 551 et seq.].
Government Development Bank means Government Development Bank for Puerto Rico.
Government Development Bank means the Government Development Bank for Puerto

Examples of Government Development Bank in a sentence

  • The Berkshire Bank and The Government Development Bank for Puerto Rico.

  • The Berkshire Bank and Government Development Bank for Puerto Rico v.

  • Xxxxxxx Tio Government Development Bank for Puerto Rico X.X. Xxx 00000 Xxx Xxxx, PR 00940-2001 Xxxx.X.Xxxxxxx@xxxxx.xxx and Puerto Rico Electric Power Authority Attention: Office of the General Counsel X.X. Xxx 000000 Xxx Xxxx, Puerto Rico 00936-4267 I f to the Forbearing Creditor: Citibank, N.A. I f to the Scotiabank Lenders: Xxxxxxx X.

  • This settlement agreement (the “Settlement Agreement” or “Agreement”) is made and entered into on May 3, 2018 (the “Execution Date”), between Plaintiffs The Berkshire Bank and The Government Development Bank for Puerto Rico (collectively, the “Lender Plaintiffs”), individually and on behalf of the Settlement Class in the Lender Action, and defendant Barclays Bank PLC (“Barclays”), by and through the Lender Plaintiffs’ Counsel and Barclays’ Counsel.

  • The Berkshire Bank and The Government Development Bank for Puerto Rico (GDB).

  • To date, in addition to the central Government, the Client has required separate fiscal plans from: PRASA, PREPA, Government Development Bank, Highway and Transportation Authority, Public Corporation for the Supervision and Insurance of Cooperatives (COSSEC) and the University of Puerto Rico.

  • Government Development Bank for Puerto Rico 7.4 The State shall use the following methodology when developing its clearance patterns: When developing each clearance pattern, the State shall track at least 99% of the funds disbursed, from issuance to clearance, for a period of at least three months.

  • This Settlement Agreement (“Agreement”) is made and entered into on January 16, 2018 (the “Execution Date”), between Plaintiffs The Berkshire Bank and The Government Development Bank for Puerto Rico (collectively, the “Lender Plaintiffs”), individually and on behalf of the Settlement Class in the Lender Action, and defendant HSBC Bank plc (“HSBC”), by and through the Lender Plaintiffs’ Counsel and HSBC’s Counsel.

  • Other similar agreements with respect to the sharing of underwriting net profits have been entered into and disclosed to the Authority and Government Development Bank by the following Underwriters: Banc of America Securities LLC and Oriental Financial Services Corp.; Xxxxxx Brothers Inc.

  • Prior to the Closing, the Company shall include the ------- Parent and the Buyer in any negotiations with the government of the Commonwealth of Puerto Rico regarding the Fajardo Acquisition and the parties will negotiate the final terms of such Fajardo Acquisition substantially in accordance with the terms of the letter of understanding, dated November 4, 1997, between the Puerto Rico Department of Health, the Government Development Bank and San Pablo del Este, Inc.


More Definitions of Government Development Bank

Government Development Bank means Government Development Bank for Puerto Rico. “Government Obligations” shall mean (i) direct obligations of, or obligations the timely payment of
Government Development Bank means Government Development Bank for Puerto Rico. “Government Obligations” shall mean (i) direct obligations of, or obligations the timely payment of principalof and the interest on which is unconditionally guaranteed by, the United States Government, (ii) direct obligations of,or obligations the principal of and interest on which are unconditionally guaranteed by, any of the following: Banks for Cooperatives, Federal Farm Credit Banks, Federal Home Loan Banks, Export-Import Bank of the United States, Federal Financing Bank, Government National Mortgage Association, Farmer’s Home Administration, Federal Home Loan Mortgage Corporation, Federal National Mortgage Association or Federal Housing Administration, and which obligations are rated at the time of purchase in the highest rating category by both Moody’s and Standard & Poor’s, (iii)all other obligations issued or unconditionally guaranteed as to principal and interest by an agency or instrumentality controlled or supervised by and acting as an instrumentality of the United States Government pursuant to authority granted by the Congress, which obligations are rated at the time of purchase in the highest rating category by both Moody’s and Standard & Poor’s and (iv) receipts evidencing the ownership of payments of principal of or interest on any of such obligations, which receipts are rated in the highest rating category by both Moody’s and Standard & Poor’s.

Related to Government Development Bank

  • government department means any department of the Government of the United Kingdom;

  • Government Body means any domestic or foreign federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, or other body exercising or entitled to exercise any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • government procurement means the process by which a government obtains the use of or acquires goods or services, or any combination thereof, for governmental purposes and not with a view to commercial sale or resale, or use in the production or supply of goods or services for commercial sale or resale;

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Development Officer means the Development Officer appointed by the Council of the Municipality.

  • Government agreement has the meaning given in the Government Agreements Xxx 0000 (WA);

  • Government Office means any office of the Federal Government that has possession or control of assassination records, including—

  • Government Representative means any officer or employee of the state or a political

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Central Government Body means a body listed in one of the following sub-categories of the Central Government classification of the Public Sector Classification Guide, as published and amended from time to time by the Office for National Statistics: Government Department; Non-Departmental Public Body or Assembly Sponsored Public Body (advisory, executive, or tribunal); Non-Ministerial Department; or Executive Agency;

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Local government officer means a member of the board; the su- perintendent; or an agent (including an employee) of the district who exercises discretion in the planning, recommending, selecting, or contracting of a vendor. Local Gov’t Code 176.001(1), (4)

  • Government Programs means (i) the Medicare and Medicaid Programs, (ii) the United States Department of Defense Civilian Health Program for Uniformed Services and (iii) other similar foreign or domestic Federal, state or local reimbursement or governmental health care programs.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Government school means a school established under section 5 of the Act, for the purpose of providing courses of instruction in pre-school, primary or secondary education.

  • Professional development means training programs for

  • Environment Officer means an employee so designated pursuant to The Environment Act;

  • Government Agencies means any court, agency, authority, board (including, without limitation, environmental protection, planning and zoning), bureau, commission, department, office or instrumentality of any nature whatsoever of any governmental or quasi-governmental unit of the United States or any State or any county or any political subdivision of any of the foregoing, whether now or hereafter in existence, having jurisdiction over Tenant or any Property, or any portion thereof, or any Facility operated thereon.

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • Government data means any information, document, media, or machine readable material regardless of physical form or characteristics, that is created or obtained by the Government in the course of official Government business.

  • Government means the Government of Kenya;

  • Joint Development Committee or “JDC” has the meaning set forth in Section 3.10.