Uninsured bank definition

Uninsured bank means a Connecticut bank that does not accept retail deposits and for which insurance of deposits by the Federal Deposit Insurance Corporation or its successor agency is not required.
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Uninsured bank means a financial institution that is organized under the provisions of Title 9-B M.R.S. Chapter 123.
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Uninsured bank means a Connecticut bank that does
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Examples of Uninsured bank in a sentence

  • Uninsured bank deposits may only be invested with financial institutions which participate in the California Local Agency Security Program (LASP) administered by the California Department of Business Oversight.

  • Uninsured bank deposits, historically and currently, also display patterns of rationing in response to adverse shocks.

  • The remainder of the paper will refer to these instruments as “private shadow money.” Uninsured bank deposits are also private shadow money.

  • Uninsured bank deposits may only be invested with financial institutions which participate in the California Local Agency Security Program (LASP) administered by the California Department of Financial Institutions.

  • Uninsured bank creditors would modify their loans to “Portion A” loans of approximately $116.1 million dollars.

  • Uninsured bank loans are approved on the basis of company's credit rating and are not covered with a specified asset of the company.

Related to Uninsured bank

  • Uninsured motor vehicle" means a land motor vehicle or trailer of any type:

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Insured Event shall have the meaning given such term in Section 12.4.

  • Regulated Bank means a commercial bank with a consolidated combined capital surplus of at least $5,000,000,000 that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank regulatory authority in any jurisdiction.

  • Qualified Bank means a major U.S. commercial bank or a U.S. branch office of a major foreign bank, in either case, having (i) assets on its most recent audited balance sheet of at least $10,000,000,000, and (ii) a rating for its senior long-term unsecured debt obligations of at least (1) "A-" by S&P and "A3" by Moody's, if such entity is rated by both S&P and Moody's, or (2) "A-" by S&P or "A3" by Moody's, if such entity is rated by either S&P or Moody's but not both;

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

  • authorised bank means a bank or a branch of a bank authorised by the Central Government to collect the tax or any other amount payable under this Act;

  • Bank is defined in the preamble hereof.

  • estate agent means the Estate Agent referred to in Clause 9.1 of the Covering Schedule;

  • Insured Persons means the person/s named in the Schedule to the Policy, who is/are Indian Resident /s and for whom the insurance is also proposed and appropriate premium paid.

  • real estate agent means any person, who negotiates or acts on behalf of one person in a transaction of transfer of his plot, apartment or building, as the case may be, in a real estate project, by way of sale, with another person or transfer of plot, apartment or building, as the case may be, of any other person to him and receives remuneration or fees or any other charges for his services whether as commission or otherwise and includes a person who introduces, through any medium, prospective buyers and sellers to each other for negotiation for sale or purchase of plot, apartment or building, as the case may be, and includes property dealers, brokers, middlemen by whatever name called;

  • Insured Claim means any Claim arising from an incident or occurrence alleged to have occurred prior to the Effective Date that is covered under an insurance policy applicable to the Debtors or their businesses.

  • insurance agent means, subject to subsection (2), any person who for any compensation and through any medium does one or more of the following:

  • recognised institution means an institution of higher learning recognised by the University;