Primary Federal Regulator definition

Primary Federal Regulator means the primary United States federal regulator of the Company (which at the date of this Indenture is the Board of Governors of the Federal Reserve System), or any successor body or institution.
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Primary Federal Regulator means the primary United States federal regulator of the Company (which at the date of this Indenture is the Federal Reserve or its district reserve banks), or any successor body or institution.
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Primary Federal Regulator means the primary United States federal regulator of the Company (which at the date of this Indenture is the Office of Thrift Supervision), or any successor body or institution.
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Examples of Primary Federal Regulator in a sentence

  • Subject to the Company having received the prior approval of the Primary Federal Regulator, if then required under the applicable capital guidelines or policies of the Primary Federal Regulator, Debt Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for Debt Securities of any series) in accordance with this Article.

  • During early May of 2009, Colonial received an order from its Primary Federal Regulator, to "Cease and Desist All Lending Activities".

  • Primary Federal Regulator (instructions specify banking agencies, SEC, CFTC,) CFTC Federal Reserve FDIC FinCEN (Including where IRS or another FinCEN delegate examines for compliance) NCUA OCC OTS SEC Not Applicable * 77.

  • To the extent that the terms of any series of Securities designated as Primary Capital Securities provide for their redemption in cash by the Company prior to Stated Maturity, the Company covenants and agrees for the sole benefit of the Primary Federal Regulator and not for the benefit of the Trustee or any securityholder that any such redemption shall be made only to the extent of the amount of Available Funds theretofore dedicated to such series of Primary Capital Securities.

  • In the event that the Company shall give notice as provided above to Holders of Securities of any series that are to be redeemed, the Company will redeem the Securities of such series for cash from Optional Available Funds or Available Funds, as the case may be, or from other sources approved for such purpose by the Primary Federal Regulator.

  • The Securities of such series may be redeemed for cash pursuant to this Section 1108 only if, at the time that notice of such redemption is given to the Holders of the Securities of such series, (a) there shall be sufficient Optional Available Funds or Available Funds, as the case may be, to redeem all of the Securities of such series to be redeemed or (b) such other sources for redemption shall have been approved by the Primary Federal Regulator.

  • The Company covenants and agrees for the sole benefit of the Primary Federal Regulator and not for the benefit of the Trustee or any securityholder that any series of Primary Capital Securities shall be payable at their Stated Maturity only from Available Funds theretofore dedicated to such series of Primary Capital Securities and, if Article Seventeen of this Indenture is applicable such series of Primary Capital Securities, by an exchange of Capital Securities therefor pursuant to Article Seventeen.

  • The Company shall not be obligated to deliver Capital Securities to any Holder of a Security of any series to the extent that the Company elects to apply Optional Available Funds (or funds from any other source to the extent approved by the Primary Federal Regulator) to pay such Security in cash.

  • Subject to the Company having received the prior approval of the Primary Federal Regulator, if then required under the applicable capital guidelines or policies of the Primary Federal Regulator, Debt Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 3.1 for Debt Securities of any series) in accordance with this Article.

  • Primary Federal Regulator Notification • Third Party Relationships Involving: Ø Check or deposit item processing.


More Definitions of Primary Federal Regulator

Primary Federal Regulator means the primary United States federal regulator of the Company.
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Primary Federal Regulator means the primary federal supervisory agency of the Bank (which at the date of this Indenture is the Federal Deposit Insurance Corporation), or any successor body or agency and which may also include, in the event the Bank reorganizes into a holding company structure, the primary federal supervisory agency of the parent holding company.
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Primary Federal Regulator means the Board of Governors of the Federal Reserve System of the United States or any successor United States governmental agency or instrumentality performing substantially the same regulatory function with respect to the Company and the adequacy of its capital as said Board of Governors performs on the date hereof. "ranking on a parity with the Securities", when used with respect to any obligation of the Company, shall mean the Floating Rate Subordinated Notes Due 1995, the Floating Rate Subordinated Notes Due 1997, the Floating Rate Subordinated Notes Due 2000, the Floating Rate Subordinated Notes Due 2009, the 7 1/2% Subordinated Notes Due 1997, the 10%
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Primary Federal Regulator means the Board of Governors of the Federal Reserve System of the United States or any successor United States governmental agency or instrumentality performing substantially the same regulatory function with respect to the Company and the adequacy of its capital as said Board of Governors performs on the date hereof. "ranking on a parity with the Securities", when used with respect to any obligation of the Company, shall mean the Floating Rate Subordinated Notes Due 1995, the Floating Rate Subordinated Notes Due 1997, the Floating Rate Subordinated Notes Due 2000, the Floating Rate Subordinated Notes Due 2009, the 7 1/2% Subordinated Notes Due 1997, the 10% Subordinated Notes Due 1999, the 8% Subordinated Notes Due 1999, the 7 3/4% Subordinated Notes due 1999, the Floating Rate Subordinated Notes Due 2000, the 9 3/8% Subordinated Notes Due 2001, the 9 3/4% Subordinated Notes Due 2001, the 7.50% Subordinated Notes Due 2003, the Floating Rate Subordinated Notes Due 2003, the 6.50% Subordinated Notes Due 2005, the Floating Rate Subordinated Notes Due August 1, 2003 and the 6.75% Subordinated Notes Due 2008, issued by the Company and any other obligation of the Company which (a) ranks equally with and not prior to the Securities in right of payment upon the happening of any event of the kind specified in the first sentence of the first paragraph of Section 1201, and (b) is specifically designated as ranking on a parity with the Securities by express provision in the instrument creating or evidencing such obligation. "ranking junior to the Securities", when used with respect to any obligation of the Company, shall mean any obligation of the Company which (a) ranks junior to and not equally with or prior to the Securities (and any other obligations of the Company ranking on a parity with the Securities) in right of payment upon the happening of any event of the kind specified in the first sentence of the first paragraph of Section 1201, and (b) is specifically designated as ranking junior to the Securities by express provision in the instrument creating or evidencing such obligation. The securing of any obligations of the Company, otherwise ranking on a parity with or junior to the Securities, shall not be deemed to prevent such obligations from constituting obligations ranking on a parity with or junior to the Securities.
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Primary Federal Regulator means the federal financial supervisory agency responsible for conducting CRA compliance examinations of members and generally has the same meaning as “appropriate Federal financial supervisory agency" used in the codification of the Community58648 Federal Register / Vol. 56, No. 225 / Thursday, N ovember 21, 1991 / Rules and Regulations Reinvestment Act at 12 U.S.C. 2902(1). As specifically applied to CRA compliance, these are:
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Related to Primary Federal Regulator

  • Principal Regulator means the body or person appointed as the Principal Regulator under the Charities Act 2006;

  • Relevant Electric Retail Regulatory Authority means an entity that has jurisdiction over and establishes prices and policies for competition for providers of retail electric service to end- customers, such as the city council for a municipal utility, the governing board of a cooperative utility, the state public utility commission or any other such entity.

  • Regulator means, with respect to any person, any Government Authority charged with regulating, supervising or examining such person and its Affiliates.

  • FFIEC means the Federal Financial Institutions Examination Council.

  • the Council Regulation means Council Regulation (E.C.) No. 2201/2003 of 27th November 2003 on jurisdiction and the recognition and enforcement of judgments in matrimonial matters and matters of parental responsibility;

  • Drug abuse means any pattern of pathological use of drugs that causes impairment in social or occupational functioning, or that produces physiological dependency evidenced by physical tolerance or by physical symptoms when it is withdrawn.