Other financing institution definition

Other financing institution means any bank, company, institution, cor- poration, union, or association de- scribed in section 1.7(b)(1)(B) of the Act.[56 FR 3201, Jan. 29, 1991; 56 FR 10302, Mar. 11,1991; 74 FR 17373, Apr. 15, 2009] § 1410.3 Calculation and reporting of premiums due.(a) Reporting. For purposes of com- puting premiums, each insured bank shall, without limitation, report all in- formation concerning the insured bank; each direct lending association that is receiving (or has received) funds provided through the insured bank; and each other financing institution that is receiving (or has received) funds pro- vided through the insured bank; that the Corporation determines is nec- essary in order to compute the pre- miums due under the Act.(b) Calculating the premium paymentfor periods from July 1, 2008 through De- cember 31, 2008. (1) The premium pay- ment for the 3rd Quarter 2008 (defined for purposes of this section as the pe- riod from July 1, 2008 through Sep- tember 30, 2008) and the premium pay- ment for the 4th Quarter 2008 (defined for purposes of this section as the pe- riod October 1, 2008, through December31, 2008) shall be equal to 25 percent of the amount computed by applying the premium calculation formulas con- tained in sections 5.55 and 5.56 of the Act (unless reduced by the Corporation acting under section 5.55(a)(3) of the Farm Credit System Insurance Corp. § 1410.3 Act or under paragraph (d) of this sec- tion) to the insured bank during the 3rd Quarter 2008 or 4th Quarter 2008, re- spectively.(2) In accord with paragraph (b)(1) of this section, the premium payment for the 3rd Quarter 2008 (having been re- duced by the Corporation acting under section 5.55(a)(3) of the Act) shall be equal to 25 percent of the following amount:
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Other financing institution means any bank, company, institution, corporation, union, or association described in section 1.7(b)(1)(B) of the Act. [56 FR 3201, Jan. 29, 1991; 56 FR 10302, Mar. 11, 1991; 74 FR 17373, Apr. 15, 2009]§1410.3 Calculation and reporting of premiums due.(a) Reporting. For purposes of computing premiums, each insured bank shall, without limitation, report all information concerning the insured bank; each direct lending association that is receiving (or has received) funds provided through the insured bank; and each other financing institution that is receiving (or has received) funds provided through the insured bank; that the Corporation determines is necessary in order to compute the premiums due under the Act. (b) Calculating the premium payment for periods from July 1, 2008 through December 31, 2008.
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Other financing institution means any bank, company, institution, corporation, union, or association described in section 1.7(b)(1)(B) of the Act.
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More Definitions of Other financing institution

Other financing institution means any bank, company, institution, cor- poration, union, or association de- 12 CFR Ch. XIV (1–1–07 Edition)scribed in section 1.7(b)(1)(B) of the Act.[56 FR 3201, Jan. 29, 1991; 56 FR 10302, Mar. 11,1991] § 1410.3 Calculation and reporting of premiums due.(a) Premium base. For purposes of computing the annual premium, each insured bank shall:
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Related to Other financing institution

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.

  • Lending institution Any insurance company, federally insured commercial or savings bank, national banking association, savings and loan association, credit union, employees’ welfare, pension or retirement fund or system, corporate profit sharing or pension trust, college or university, endowment fund, real estate investment trust, or other institutional lender or financial enterprise, including, without limitation, any corporation qualified to be treated for federal tax purposes as a real estate investment trust, having a net worth of at least $50,000,000 acting on its own behalf or as agent on behalf of other Lending Institutions.

  • Sending institution means the institution of higher education of most recent previous enrollment by a transfer student at which transferable academic credit was earned.

  • Eligible lending institution means a financial

  • credit institution means a credit institution as defined in point (1) of Article 4(1) of Regulation (EU) No 575/2013;

  • Other Financing shall have the meaning assigned to such term in Section 5.6(ii) hereof.

  • Qualifying Institution means the United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof, or a foreign bank, having assets $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least "A" from S&P and "A2" from Moody's.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • Refinancing Lender has the meaning assigned to such term in Section 2.23(c).

  • Participating institution means an "institution" as defined in KRS 164.001 that actively participates in the federal Pell Grant program, executes a contract with the authority on terms the authority deems necessary or appropriate for the administration of its programs, and:

  • Selling Institution The entity obligated to make payments to the Issuer under the terms of a Participation Interest.

  • Custodial Institution means any Entity that holds, as a substantial portion of its business, financial assets for the account of others. An entity holds financial assets for the account of others as a substantial portion of its business if the entity’s gross income attributable to the holding of financial assets and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of: (i) the three-year period that ends on December 31 (or the final day of a non-calendar year accounting period) prior to the year in which the determination is being made; or (ii) the period during which the entity has been in existence.

  • Refinancing Trust Has the meaning specified in the Intercreditor Agreement.

  • Receiving Institution The college or university where a transfer student plans to enroll and to apply previously earned credit toward a degree program.

  • Submitting Institution An organization who submitted a genomic dataset to an NIH-designated data repository (e.g., dbGaP).

  • Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).

  • Training Institution means the Grantee.

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Financial institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • Participating Financial Institution means a Financial Institution that has been approved by the Authority to enroll Qualified Loans in the Program and has agreed to all terms and conditions set forth in the Law and this Article and as may be required by any applicable federal law providing matching funding.

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.