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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;
Participating Credit Institution means any private credit institution incorporated and operating under the laws of the Borrower, which has met eligibility criteria satisfactory to the Association and which has entered into a participation agree- ment with the Borrower pursuant to the provisions of Part II, paragraph B (3) of Schedule 6 to this Agreement;
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;

Examples of Participating Credit Institution in a sentence

  • The Successful Bidder agrees to indemnify and keep indemnified the Principal and NFPAS their officers, employees, agents and sub-contractors against all liabilities, claims and expenses (including reasonable legal fees) that may arise from any breach of the terms of the e-ROC and e-REGO Conditions of Sale by the Successful Bidder or the violation by the Successful Bidder of any law or rights of the Principal or any third party.

  • Following this model Srilanka's driving Participating Credit Institution (PCI) Sarvodaya Economic Enterprises Development Services (SEEDS) financed in excess of 60,000 frameworks amid 2002-06 [11].

  • LBP and the Local Participating Credit Institution (LPCI) fulfilled their responsibilities, but LBP could have been more proactive in addressing credit design weaknesses.

  • 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.

  • 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.

  • For the purposes of on-lending to Investment Enterprises, MOFP shall enter into a participation agreement with each Participating Credit Institution in accordance with the provisions of Schedule 6 of this Agreement.

  • Except as the Recipient and the Association shall otherwise agree, a Participating Credit Institution shall not assign, amend, abrogate or waive any Sub-financing Agreement or any of its provisions.

  • For purposes of this Agreement, a free-limit Subloan shall be a Subloan as determined by the Association for each Participating Credit Institution in terms of the amount to be financed out of the proceeds of the Credit for an Investment Project.

  • 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.

  • For the purposes of this Agreement, a free-limit Sub-loan shall be a Sub-loan as determined by the Association for each Participating Credit Institution in terms of the amount to be financed out of the proceeds of the Credit for an Investment Project.


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.
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;
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;

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;

  • 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 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.

  • 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 such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • 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.

  • 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;

  • New Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • 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).

  • Relevant Institution means a person that has permission under Part 4A of the Financial Services and Markets Act 2000 (permission to carry on regulated activity).