Examples of Holding Companies in a sentence
The Consolidated Financial Statements for Holding Companies must be signed by the Chief Finan- cial Officer of the holding company (or by the individual performing this equivalent function).
The Administrator may change such Persons by notifying the Owner Trustee, the Delaware Trustee, the Indenture Trustee, the Titling Companies, the Servicer, the Holding Companies and the Depositor.
On or before the Closing Date, the Administrator will notify the Owner Trustee, the Delaware Trustee, the Indenture Trustee, the Titling Companies, the Servicer, the Holding Companies and the Depositor of each Person who is a Responsible Person for the Administrator.
The bank holding company’s financial records shall be main- tained in such a manner and scope so as to ensure that the Consolidated Financial Statements for Bank Holding Companies can be prepared and filed in accordance with these instructions and reflect a fair presentation of the bank holding company’s financial condition and results of operations.Bank holding companies should retain workpapers and other records used in the preparation of these reports.
As part of the consolidation process, the results of all transactions and all intercompany balances (e.g., outstanding asset/debt relationships) between offices, subsidiaries, and other entities included in the scope of the consolidated bank holding company are to be eliminated in the consolida- tion and must be excluded from the Consolidated Finan- cial Statements for Bank Holding Companies.