Recognized Financial Institution definition

Recognized Financial Institution means an institution that is organized or licensed under the laws of the United States or any state and is insured by the federal deposit insurance corporation;
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Recognized Financial Institution. (RFI), means, a Canadian financial institution as defined in the Bank Act; the Business Development Bank of Canada; any of the following provincial loan boards: Fisheries Loan Guarantee Program (N&L); Direct Loans for Commercial Fishing Program (New Brunswick); Fisheries and Aquaculture Loan Board (Nova Scotia); P.E.I. Lending Agency (Prince Edward Island); Commercial
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Recognized Financial Institution a) a financial institution domiciled in Colombia, which has a long-term debt credit risk rating of "investment grade", as determined by a risk rating agency supervised by the Financial Superintendence of Colombia; or b) a foreign financial institution included in the list of foreign financial entities in Appendix No. 1 of Regulation Letter DCIN-83 of 2003 of the Colombian Bank of the Republic or included in the regulations that amend, add to or substitute it and that accredits a long-term debt rating of at least "investment grade" issued by an internationally recognized risk rating agency in accordance with what is established in the Applicable Regulations.
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Examples of Recognized Financial Institution in a sentence

  • If External Financing will be sourced, attached Declaration from the Legally Recognized financial institution to provide funding to the project.


More Definitions of Recognized Financial Institution

Recognized Financial Institution means any of the following: (i) any insurance company, (ii) any savings and loan bank, institution or association, (iii) any thrift institution or association, (iv) any mutual savings or loan bank, institution or association, (v) any commercial bank, (vi) any investment bank, and/or (vii) any leasing company or any other financial services company or institution. Records shall mean any and all logs, manuals, certificates and date and inspection, modification, maintenance, engineering, technical and overhaul records (including all computerized data, records and materials of any kind whatsoever) with respect to the Aircraft, including, without limitation, all records required to be maintained by the FAA or any other governmental agency or authority having jurisdiction with respect to the Aircraft or any Manufacturer or Supplier of the Aircraft (or any part thereof) with respect to the enforcement of warranties or otherwise, which Records shall be at all times the property of the Lessor after the Acceptance Date. Rent shall have the meaning set forth in Section 3 of the Lease.
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Recognized Financial Institution. (RFI), means, a Canadian financial institution as defined in the Bank Act; the Business Development Bank of Canada; any of the following provincial loan boards: Fisheries Loan Guarantee Program (N&L); Direct Loans for Commercial Fishing Program (New Brunswick); Fisheries and Aquaculture Loan Board (Nova Scotia); P.E.I. Lending Agency (Prince Edward Island); Commercial Fishery Financing Program (Québec); Programme d’allégement temporaire du remboursement des prêts aux enterprises de la pêche (Québec).
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Related to Recognized Financial Institution

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • 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.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • 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.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • UK Financial Institutions 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.