Limited purpose bank definition

Limited purpose bank means a bank that offers only a narrow product line (such as credit card or motor vehi- cle loans) to a regional or broader mar- ket and for which a designation as a limited purpose bank is in effect, in ac- cordance with § 345.25(b).
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Limited purpose bank means a bank that offers only a narrowproduct line (such as credit card or motor vehicle loans) to a regional or broader market and for which a designation as a limited purposebank is in effect, in accordance with Sec. 228.25(b).
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Limited purpose bank means banks and trust companies that, because of their business structure, are designated by their primary bank regulatory agency as either “Limited Purpose” or “Wholesale” for compliance with the CRA, or do not have a branch office within the City of Pittsburgh.
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Examples of Limited purpose bank in a sentence

  • Limited purpose bank means a bank that offers only a narrow product line (such as credit card or motor vehicle loans) to a regional or broader market and for which a designation as a limited purpose bank is in effect, in accordance with Sec.

  • Limited purpose bank means a bank that offers only a narrow product line (such as credit card or motor vehicle loans) to a regional or broader market and for which a designation as a limited purpose bank is in effect, in accordance with § 345.25(b).


More Definitions of Limited purpose bank

Limited purpose bank means a bank that offers only a narrow product line (such as credit card or motor vehicle loans) to a regional or broader market and for which a designation as a limited purpose bank is in effect, in accordance with §25.25(b).
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Limited purpose bank means a bank that offers only a narrow product line (such as credit card or motor vehicleautomobile loans) to a regional or broader market and for which a designation as a limited purpose bank is in effect, in accordance with §25.25 25.15(b).Major retail lending product line means a bank’s retail lending product line that for the two years prior to the beginning of the evaluation period:
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Limited purpose bank means abank that offers only a narrow product line (such as credit card or motorvehicle loans) to a regional or broader market and for which a designation as a limited purpose bank is in effect, in accordance with § 228.25(b).
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Limited purpose bank means a bank that offers only a narrow product line (such as credit card or motor vehicle loans) to a re- gional or broader market and for which a designation as a limited purpose bank is in effect, in accordance with § 25.25(b).
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Related to Limited purpose bank

  • Permitted Purpose means any activity or process to be undertaken or supervised by a Staff member of one Party during the term of this Agreement, for which purpose authorised disclosure of the other Party’s Confidential Information or Intellectual Property is a prerequisite in order to enable such activity or process to be accomplished;

  • Permitted Purposes means evaluating the Project, preparing a Proposal, and any other use permitted by the RFP or this Participation Agreement;

  • General purpose cleaner means a product designed for general all-purpose cleaning, in contrast to cleaning products designed to clean specific substrates in certain situations. “General Purpose Cleaner” includes products designed for general floor cleaning, kitchen or countertop cleaning, and cleaners designed to be used on a variety of hard surfaces.

  • Protected Purchaser has the meaning specified in Section 8-303 of the UCC.

  • General purpose degreaser means a product designed to remove or dissolve grease, grime, oil and other oil-based contaminants from a variety of substrates, including automotive or miscellaneous metallic parts. General purpose degreaser does not include engine degreaser, general purpose cleaner, adhesive remover, electronic cleaner, metal polish or cleanser, products used exclusively in solvent cleaning tanks or related equipment, or products that are (i) sold exclusively to establishments which manufacture or construct goods or commodities; and (ii) labeled "not for retail sale." Solvent cleaning tanks or related equipment includes, but is not limited to, cold cleaners, vapor degreasers, conveyorized degreasers, film cleaning machines, or products designed to clean miscellaneous metallic parts by immersion in a container.

  • Approved Purpose means the activity or purpose for which the Hirer wishes to use the Venue (and for which the Shire has had an opportunity to assess and approve)

  • Approved Purposes means the use of Data by the Provider for the purposes of providing services authorized by APS in Agreements entered into between APS and the Provider (“Authorized Services”) during the term of the SDUPA., and for no other purpose.

  • Restricted Purchase means any payment on account of the purchase, redemption or other acquisition or retirement of any capital stock or other securities of, the Borrower.

  • Agreed Purposes as defined in Section 10.14.

  • Agreed Purpose has the meaning given to it in clause 2 of this Agreement.

  • Designated Purchaser has the meaning set forth in Section 7.11(b).

  • Name of Institution Xxxx Capital Credit CLO 2017-2, Limited By: Xxxx Capital Credit, LP, as Collateral Manager By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Executive Vice President For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Cavalry CLO IV, Ltd. By: Xxxx Capital Credit, LP, as Collateral Manager By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Executive Vice President For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Cedar Funding II CLO Ltd By: /s/ Neslihan Adanali Name: Neslihan Adanali Title: Loan Closer II For any institution requiring a second signature line: By: Name: Title: ☐ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Cedar Funding III CLO, Ltd By: /s/ Neslihan Adanali Name: Neslihan Adanali Title: Loan Closer II For any institution requiring a second signature line: By: Name: Title: ☐ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans).

  • Multi-purpose Lubricant means any lubricant designed for general purpose lubrication, or for use in a wide variety of applications. “Multi-purpose Lubricant” does not include “Multi-purpose Dry Lubricants”, “Penetrants”, or “Silicone-based Multi-purpose Lubricants”.

  • General purpose equipment means equipment, which is not limited to research, medical, scientific or other technical activities. Examples include office equipment and furnishings, modular offices, telephone networks, information technology equipment and systems, air conditioning equipment, reproduction and printing equipment, and motor vehicles.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • General purpose adhesive means any non-aerosol adhesive designed for use on a variety of substrates. “General Purpose Adhesive” does not include (i) contact adhesives, (ii) construction, panel, and floor covering adhesives, (iii) adhesives designed exclusively for application on one specific category of substrates (i.e., substrates that are composed of similar materials, such as different types of metals, paper products, ceramics, plastics, rubbers, or vinyls), or (iv) adhesives designed exclusively for use on one specific category of articles (i.e., articles that may be composed of different materials but perform a specific function, such as gaskets, automotive trim, weather-stripping, or carpets).

  • Professional limited liability company means a limited

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Authorized Purpose means the specific purpose or purposes described in the Base Contract for Contractor to fulfill its obligations under the Base Contract, or any other purpose expressly authorized by HHS in writing in advance.

  • Limited Liability Company Agreement means the Amended and Restated Limited Liability Company Agreement of the Depositor, dated as of March 1, 2001, executed by Ford Credit, as sole member; or the Limited Liability Company Agreement of Ford Credit, dated as of April 30, 2007 and effective on May 1, 2007, as the context requires.

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Security Company means an entity which provides or purports to provide the transport of Property by secure means, including, without limitation, by use of armored vehicles or guards.

  • Security Code means a sequence of numbers and/or letters or such other codes or procedures, whether generated by a Security Mechanism or otherwise, for use in connection with access to and/or use of the EB Services;

  • Federal Reserve Bank of New York’s Website means the website of the Federal Reserve Bank of New York at xxxx://xxx.xxxxxxxxxx.xxx, or any successor source.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.