Qualified Institutions Sample Clauses

Qualified Institutions. The Trustee meets the requirements of Rule 3a-7(a)(4)(i) under the 1940 Act.
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Qualified Institutions. In the event the Servicer has received notice from the Facility Agent or otherwise has actual knowledge that a depositary holding any of the Transaction Accounts ceases to be a Qualified Institution, then the Servicer shall give notice thereof to the Facility Agent (if applicable), the Securities Custodian and the Rating Agency and within 60 days shall cause such Transaction Account to become established and maintained with a Qualified Institution.
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Qualified Institutions. The Trustee is a “bank” as that term is defined in Section 26(a)(1) of the 1940 Act. The Trustee has an aggregate capital surplus and undivided profits of an amount not less than $50,000,000. The Trustee is not providing credit or credit enhancement to the Borrower in either its individual capacity or its capacity as Trustee.
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Qualified Institutions. The Trustee meets the requirements of Rule 3a-7(a)(4)(i) under the Investment Company Act.
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Qualified Institutions. The Trustee represents and agrees that neither it complies with the asset requirement in Section 26(a)(1) of the 1940 Act and that the Trustee nor any of its affiliates has made or will make: (x) a Loan Advance of their own account issued under this Agreement or (y) any credit or credit enhancement to the Borrower. For avoidance of doubt, any Loan Advances or Variable Funding Notes held by U.S. Bank National Association in its capacity as custodian, nominee, agent or any such other capacity for the account of another party shall not be prohibited.
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Qualified Institutions. 7 "Ratio"............................................................. 7 "Redemption Date"................................................... 7 "Redemption Period"................................................. 7 "Redemption Register"............................................... 7 "Regular Record Date"............................................... 7 "Repurchase Date"................................................... 7 "Required Rating"................................................... 7 "Responsible Officers".............................................. 7 "Significant Subsidiary"............................................ 7 "Significant Subsidiary Disposition"................................ 7 "Special Record Date"............................................... 8 "Stated Maturity"................................................... 8 "Subsidiary"........................................................ 8 "supplemental indenture" or "indenture supplemental hereto"............................................................ 8 "Trustee"........................................................... 8 "Trust Indenture Act" or "TIA"...................................... 8 ARTICLE 2 ISSUE, DESCRIPTION, EXECUTION, REGISTRATION AND EXCHANGE OF NOTES
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Qualified Institutions. The Trustee meets the requirements of Rule 3a-7(a)(4)(i) under the 0000 Xxx.
Sample 1
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Related to Qualified Institutions

  • Disqualified Institutions (i) No assignment or participation shall be made to any Person that was a Disqualified Institution as of the date (the “Trade Date”) on which the assigning Lender entered into a binding agreement to sell and assign or grant a participation in all or a portion of its rights and obligations under this Agreement to such Person (unless the Company has consented to such assignment or participation in writing in its sole and absolute discretion, in which case such Person will not be considered a Disqualified Institution for the purpose of such assignment or participation). For the avoidance of doubt, with respect to any assignee or Participant that becomes a Disqualified Institution after the applicable Trade Date (including as a result of the delivery of a notice pursuant to, and/or the expiration of the notice period referred to in, the definition of “Disqualified Institution”), (x) such assignee or Participant shall not retroactively be disqualified from becoming a Lender or Participant and (y) the execution by the Company of an Assignment and Assumption with respect to such assignee will not by itself result in such assignee no longer being considered a Disqualified Institution. Any assignment or participation in violation of this clause (e)(i) shall not be void, but the other provisions of this clause (e) shall apply.

  • Notice to Qualified Institution A Responsible Person of the Indenture Trustee will notify the Qualified Institution maintaining the Bank Accounts (if not the Indenture Trustee) if an Event of Default has occurred and is continuing.

  • Eligible Institution An institution having (i) the highest short-term debt rating, and one of the two highest long-term debt ratings of the Rating Agency; or (ii) with respect to any Custodial Account, an unsecured long-term debt rating of at least one of the two highest unsecured long-term debt ratings of the Rating Agencies.

  • Financial Institution The Financial Institution will not be liable under this Agreement, except for (i) its own willful misconduct, bad faith or negligence or (ii) breach of its representations and warranties in this Agreement. The Financial Institution will not be liable for special, indirect or consequential losses or damages (including lost profit), even if the Financial Institution has been advised of the likelihood of the loss or damage and regardless of the form of action.

  • SEI INSTITUTIONAL INVESTMENTS TRUST Large Cap Fund Large Cap Disciplined Equity Fund Large Cap Index Fund Extended Market Index Fund Strategic U.S. Large Cap Equity Fund Small Cap Fund Small Cap II Fund Small/Mid Cap Equity Fund U.S. Managed Volatility Fund Opportunistic Income Fund (f/k/a Enhanced LIBOR Opportunities Fund) Core Fixed Income Fund High Yield Bond Fund

  • Qualified Insurer An insurance company duly qualified as such under the laws of the states in which the related Mortgaged Properties are located, duly authorized and licensed in such states to transact the applicable insurance business and to write the insurance provided and whose claims paying ability is rated by each Rating Agency in its highest rating category or whose selection as an insurer will not adversely affect the rating of the Certificates.

  • EEA Financial Institutions No Loan Party is an EEA Financial Institution.

  • Transfers to Non-QIB Institutional Accredited Investors The following provisions shall apply with respect to the registration of any proposed transfer of a Note to any Institutional Accredited Investor which is not a QIB (excluding Non-U.S. Persons):

  • Affected Financial Institutions No Loan Party is an Affected Financial Institution.

  • Qualified Depository Any of (i) a federal or state-chartered depository institution the accounts of which are insured by the FDIC and whose commercial paper, short-term debt obligations or other short-term deposits are rated at least “A-1+” by Standard & Poor’s if the deposits are to be held in the account for less than 30 days, or whose long-term unsecured debt obligations are rated at least “AA-” by Standard & Poor’s if the deposits are to be held in the account for more than 30 days, or (ii) the corporate trust department of a federal or state-chartered depository institution subject to regulations regarding fiduciary funds on deposit similar to Title 12 of the Code of Federal Regulations Section 9.10(b), which, in either case, has corporate trust powers, acting in its fiduciary capacity, or (iii) Xxxxxx Brothers Bank, F.S.B., a federal savings bank.

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