Participating Credit Institution definition

Participating Credit Institution means any financial institution established and operating in accordance with the laws of the Borrower, that satisfies the Eligibility Criteria to participate in the Project and executes a Participation Agreement for this purpose;
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Participating Credit Institution means any credit institution established or operating under the laws of the Borrower, which has entered into a subsidiary loan agreement with the Borrower pursuant to the provisions of Part II(4) of Schedule 3 to this Agreement;
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Participating Credit Institution means a credit institution that has, and “non-participating credit institution” means a credit institution that has not, entered into an agreement with the Minister under section 9 of the Act;
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Examples of Participating Credit Institution in a sentence

  • As per the participation agreements, a Participating Credit Institution to which refinance had been committed by the Administrative Unit or AU located in the DFCC Bank, (which was the implementing agency for the project) would face cancelation of the refinance if there was no offtake for 12 months.

  • IDA had required prior review of: (i) all biomass projects; (ii) mini-hydro projects with a capacity of more than 5 MW; (iii) wind projects with a capacity of more than 10 MW; (iv) all projects involving land acquisition and/or resettlement; and (v) the first two environmental assessments of each Participating Credit Institution for mini hydro, biomass and wind power projects.

  • To avoid conflicts of interest, the AU is independent of and separated from the Participating Credit Institution (PCI) function of DFCC Bank.

  • Under the terms of each Participation Agreement, the Borrower shall cause each Participating Credit Institution to ensure that appropriate and sufficient legal and financing documentation is made available by an Investment Enterprise to a Participating Credit Institution prior making a Sub-loan to the Investment Enterprise.

  • HPCL shall not be responsible for any expense incurred by bidders in connection with the preparation and delivery of their bids.

  • For Sub-loans of less than Rs 2,000,000 in the case of Participating Credit Institutions other than the Development Finance Corporation of Ceylon, and for Sub-loans of less than Rs 4,000,000 in the case of the Development Finance Corporation of Ceylon, the NDB shall authorize refinancing to a Participating Credit Institution within two weeks following application from such Participating Credit Institution and without undertaking a further review of the Sub-project’s commercial and economic viability.

  • In the event a Participating Credit Institution charges a variable interest rate on Sub-loans, the Borrower shall also charge such a Participating Credit Institution a relending rate for a corresponding portion of the Credit on a variable interest rate basis to be agreed upon by the Borrower and such Participating Credit Institution.

  • The interest rate charged to the Participating Credit Institutions by the Borrower shall be adjusted every six months based on the AWDR; provided however that the Borrower may, with the Association’s approval, decide on an alternate basis for determining the interest rate payable by such Participating Credit Institution.

  • The Borrower shall cause NDB to enter into an agreement with each Participating Credit Institution providing for its participa- tion in the Project, on terms and conditions satisfactory to the Association.

  • In accordance with the terms of the Operating Guidelines, the documentation referred to in paragraphs 5 and 7, above, shall contain necessary and appropriate provisions to protect the interests of the Association, the Borrower, and, where applicable, the Administrative Unit and the Participating Credit Institution.


More Definitions of Participating Credit Institution

Participating Credit Institution means any financial institution established and operating in accordance with the laws of the Recipient, that satisfies the Eligibility Criteria to participate in the Project and executes a Participation Agreement-Additional Financing for this purpose.
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Participating Credit Institution means the Bank of Ceylon, Commercial Bank of Ceylon, Development Finance Corporation of Ceylon, Hatton National Bank, People’s Bank, and any other state or privately held credit institution established or operating under the laws of the Borrower, which has entered into a participation agreement with NDB pursuant to the provisions of Part 4 of Schedule 4 to this Agreement;
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Participating Credit Institution means any credit institution established or operating under the laws of the Borrower, which has entered into a participation agreement with NDB pursuant to the provisions of Part 4 of Schedule 4 to this Agreement;
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Related to Participating Credit Institution

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

  • credit institutions means credit institutions as defined under Directive 2006/48/EC;

  • 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:

  • Participating Financial Institution means a financial institution participating in Interac e-Transfer Services, Online Payment Services, or Western Union Services, as the case may be.

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution identified as a Nonparticipating Financial Institution pursuant to paragraph 2 of Article 5.

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • 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.

  • Participating Banks means the list of Banks as set out in Table 2 below.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • 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.

  • Eligible lending institution means a financial

  • Farm Credit Lender means a lending institution organized and existing pursuant to the provisions of the Farm Credit Act of 1971 and under the regulation of the Farm Credit Administration.

  • New Revolving Credit Lender has the meaning specified in Section 2.14(a).

  • Extending Revolving Credit Lender has the meaning set forth in Section 2.16(c).

  • 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.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • 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).

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

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

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

  • Revolving Credit Lender means, at any time, any Lender that has a Revolving Credit Commitment at such time.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • 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.

  • Designated Institution shall have the meaning specified in Section 14.12(a).

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