Ineligible Institutions definition

Ineligible Institutions means (a) a Competitor, (b) those other entities designated in writing by the Administrative Borrower, delivered to the Collateral Agent and agreed to by the Collateral Agent or (c) in the case of clauses (a) and (b), any of their respective Affiliates that are (i) readily identifiable as Affiliates on the basis of their name or (ii) identified by name by the Administrative Borrower to the Collateral Agent in writing from time to time.
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Ineligible Institutions means (a) the 21 entities identified by name in the letter delivered by the Borrower to the Administrative Agent on June 3, 2016, as such list may be modified in writing by the Borrower from time to time thereafter (x) to include operating companies that are actual competitors of the Borrower without the written consent of the Required Lenders and (y) otherwise with the written consent of the Required Lenders in their sole discretion, and (b) any reasonably identifiable Affiliate (solely on the basis of its name) of, and if applicable, any reasonably identifiable fund of or other entity managed by (in the case of such fund or such other entity solely on the basis of its name) any of the persons identified pursuant to clause (a) above. Notwithstanding the foregoing and notwithstanding item 22 in such letter, Ineligible Institutions shall not include any affiliate of, or subsidiary or controlling equity holder of, any of the entities identified by the Borrower except as herein provided.
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Ineligible Institutions means (a) the persons identified in writing to the Administrative Agent by the Borrower on or prior to January 21, 2016, as such list may be modified by the Borrower from time to time thereafter with the consent of the Administrative Agent in its sole discretion, and (b) the Fund or any Fund Affiliate.
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Examples of Ineligible Institutions in a sentence

  • The expiration date for being on the List of Ineligible Institutions for "Failure to Participate in Auctions" shall be the day immediately preceding the second List Review Date immediately following the most recent Auction Date with respect to the most recent entry included on the List of Missed Auctions for such Participating Institution.

  • An application from an institution that becomes ineligible after the application is submitted will remain under review and in consideration for funding.List of Ineligible Institutions (03/28/2016)Principal Investigator Eligibility • The PI must have a primary appointment at an AREA-eligible institution.• While no minimum percent effort is specified, the principal investigator must demonstrate that adequate time will be devoted to ensure successful completion of the proposed project.

  • Nakashiro S, Matoba T, Umezu R, Koga J-i, Tokutome M, Katsuki S, Nakano K, Sunagawa K and Egashira K.

  • The expiration date for being on the List of Ineligible Institutions for "Failure to Participate in Regional Auctions" shall be the day immediately preceding the second List Review Date immediately following the most recent Auction Date with respect to the most recent entry included on the List of Missed Auctions for such Participating Institution and for the relevant Region.

  • If a Participating Institution is added to the List of Ineligible Institutions for "Failure to Pay an ISDA Invoice", such Participating Institution shall also be removed from each Committee on which it serves, if any, the List of Eligible Global Dealer Members, each relevant List of Eligible Regional Dealer Members and the List of Eligible Non-dealer Members, as applicable.

  • Upon the request of any Lender from time to time, the Agent shall make available the list of Ineligible Institutions.

  • Upon effective resignation from a Committee, a Participating Institution shall be added to the List of Ineligible Institutions for "Resignation".

  • Upon effective removal, the expiration date for being on the List of Ineligible Institutions for "Failure to Participate in Votes" shall be the day immediately preceding the second List Review Date immediately following the date of such effective removal.

  • Upon effective removal, such DC Member shall also be added, unless already on the List of Ineligible Institutions for "Failure to Participate in Votes", to the List of Ineligible Institutions for "Failure to Participate in Votes".

  • For the avoidance of doubt, the resignation of a Participating Institution shall not result in the removal of such institution from the List of Ineligible Institutions.


More Definitions of Ineligible Institutions

Ineligible Institutions means (a) the persons identified in writing by the Borrower to the Agent on or prior to June 3, 2016, as such list may be modified from time to time thereafter with the consent of the Agent in its sole discretion, and (b) any reasonably identifiable affiliate (solely on the basis of its name) of, and, if applicable, any reasonably identifiable fund or other entity managed by (in the case of such fund or such other entity, solely on the9
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Ineligible Institutions as defined in Section 10.6(b).
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Related to Ineligible Institutions

  • Ineligible Institution has the meaning assigned to such term in Section 9.04(b).

  • Eligible Institution Any of the following:

  • Disqualified Institutions means those Persons (the list of all such Persons, the “Disqualified Institutions List”) that are (i) identified in writing by the Borrower to the Administrative Agent prior to the initial allocation of the Loans to be funded on the Closing Date, (ii) competitors of the Borrower and its Subsidiaries (other than bona fide fixed income investors or debt funds) that are identified in writing by the Borrower from time to time or (iii) Affiliates of such Persons set forth in clauses (i) and (ii) above (in the case of Affiliates of such Persons set forth in clause (ii) above, other than bona fide fixed income investors or debt funds) that are either (a) identified in writing by the Borrower from time to time or (b) clearly identifiable on the basis of such Affiliate’s name; provided, that, to the extent Persons are identified as Disqualified Institutions in writing by the Borrower to the Administrative Agent after the Closing Date pursuant to clauses (ii) or (iii)(a), the inclusion of such Persons as Disqualified Institutions shall not retroactively apply to prior assignments or participations in respect of any Loan under this Agreement. Until the disclosure of the identity of a Disqualified Institution to the Lenders generally by the Administrative Agent in writing, such Person shall not constitute a Disqualified Institution for purposes of a sale of a participation in a Loan (as opposed to an assignment of a Loan) by a Lender; provided, that no disclosure of the Disqualified Institutions List (or the identity of any Person that constitutes a Disqualified Institution), in part or in full, to the Lenders shall be made by the Administrative Agent without the prior written consent of the Borrower. Notwithstanding the foregoing, the Borrower, by written notice to the Administrative Agent, may from time to time in its sole discretion remove any entity from the Disqualified Institutions List (or otherwise modify such list to exclude any particular entity), and such entity removed or excluded from the Disqualified Institutions List shall no longer be a Disqualified Institution for any purpose under this Agreement or any other Loan Document.

  • Charitable Institution shall refer to an organization described in section 501(c)(3) of the Code (or any corresponding provision of a future United State Internal Revenue law) which is exempt from income taxation under section 501(a) thereof; and (iii) “presumptive remaindermen” shall refer to those Persons entitled to a share of a trust’s assets if it were then to terminate.

  • Qualified Institution means a depository institution organized under the laws of the United States of America or any state thereof or incorporated under the laws of a foreign jurisdiction with a branch or agency located in the United States of America or any state thereof and subject to supervision and examination by federal or state banking authorities that at all times has the Required Rating and, in the case of any such institution organized under the laws of the United States of America, whose deposits are insured by the FDIC.

  • Disqualified Institution means those Persons (the list of all such Persons, the “Disqualified Institutions List”) that are (i) identified in writing by the Lead Borrower to the Administrative Agent prior to the date hereof, (ii) competitors of the Lead Borrower and its Subsidiaries (other than bona fide fixed income investors or debt funds) that are identified in writing by the Lead Borrower from time to time or (iii) Affiliates of such Persons set forth in clauses (i) and (ii) above (in the case of Affiliates of such Persons set forth in clause (ii) above, other than bona fide fixed income investors or debt funds) that are either (a) identified in writing by the Lead Borrower to the Administrative Agent from time to time or (b) clearly identifiable on the basis of such Affiliate’s name; provided, that, to the extent Persons are identified as Disqualified Institutions in writing by the Lead Borrower to the Administrative Agent after the Closing Date pursuant to clauses (ii) or (iii)(a), the inclusion of such Persons as Disqualified Institutions shall not retroactively apply to prior assignments or participations in respect of any Loan under this Agreement. Until the disclosure of the identity of a Disqualified Institution to the Lenders generally by the Administrative Agent in writing, such Person shall not constitute a Disqualified Institution for purposes of a sale of a participation in a Loan (as opposed to an assignment of a Loan) by a Lender; provided, that no disclosure of the Disqualified Institutions List (or the identity of any Person that constitutes a Disqualified Institution), in part or in full, to the Lenders shall be made by the Administrative Agent without the prior written consent of the Lead Borrower. Notwithstanding the foregoing, the Lead Borrower, by written notice to the Administrative Agent, may from time to time in its sole discretion remove any entity from the Disqualified Institutions List (or otherwise modify such list to exclude any particular entity), and such entity removed or excluded from the Disqualified Institutions List shall no longer be a Disqualified Institution for any purpose under this Agreement or any other Loan Document.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.

  • Ineligible Account means an Account that at the time of determination is not an Eligible Account.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • approved institution means an entity so named in a Certificate. From time to time the Fund may amend a previously delivered Certificate by delivering to the Transfer Agent a Certificate naming an additional entity or deleting any entity named in a previously delivered Certificate.

  • Approved Deposit Account means a Deposit Account that is the subject of an effective Deposit Account Control Agreement and that is maintained by any Credit Party with a Deposit Account Bank. “Approved Deposit Account” includes all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • the institution means the institution which the Corporation is established to conduct and any institution for the time being conducted by the Corporation in exercise of its powers under the Further and Higher Education Act 1992;

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.