Thrift institution Sample Clauses

Thrift institution. An institution organized and chartered under federal or state law as a Savings Bank, Sav- ings Association, or Savings and Loan Association. [66 FR 46708, Sept. 7, 2001; 00 XX 00000, Xxx. 26, 2001] Subpart B—DoD Directive 1000.11 § 231.10 Financial institutions on DoD installations.
Sample 1
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Thrift institution. An institution that accepts and maintains accounts for small depositors but is legally barred from offering demand deposit accounts. Institutions offering demand deposit facsimile accounts are considered thrift institutions and not commercial banks. Through the market When a new bond offering has come to market and the yield to maturity is lower than comparable bonds outstanding, the new bond is said to be offered " through the market". Tick The minimum price fluctuation for a futures contract. Commonly used in reference to GNMA's and Treasury bond futures to indicate 1/32 of one percent par value. Tick Size The increments used for expressing bond prices. For example, the tick size for United Kingdom Gilt Stocks is 1/32nd Tight Highly competitive. A tight market is characterized by a small spread between the bid and offer levels for a given security Time Deposit A deposit with a maturity fixed by law of at least 30 days. Savings accounts at commercial banks also are regarded as time deposits TIPS Inflation-indexed securities issued by the U.S. Treasury Department (commonly known as Treasury Inflation-Protection Securities). TIPS have been issued in the U.S. since January 1997. These securities adjust both their principal and coupon payments upward with any rise in inflation. Like all Treasuries, they enjoy the full guarantee of the U.S. government. Title XI A bond backed by a ship mortgage and guaranteed by the United States Government according to the ship Financing Act of 1972 Tombstone An advertisement that states the name and terms of a security, the underwriters, and where a prospectus can be obtained. Does not constitute any offer to buy or sell such securities.
Sample 1

Related to Thrift institution

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

  • 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.

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

  • Location of Financial Institution Regardless of any provision in any other agreement, for purposes of the UCC, New York will be the location of the bank for purposes of Sections 9-301, 9-304 and 9-305 of the UCC and the securities intermediary for purposes of Sections 9-301 and 9-305 and Section 8-110 of the UCC.

  • Agreements with Foreign Banking Institutions Each agreement with a foreign banking institution shall provide that: (a) the assets of each Portfolio will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the foreign banking institution or its creditors or agent, except a claim of payment for their safe custody or administration; (b) beneficial ownership for the assets of each Portfolio will be freely transferable without the payment of money or value other than for custody or administration; (c) adequate records will be maintained identifying the assets as belonging to each applicable Portfolio; (d) officers of or auditors employed by, or other representatives of the Custodian, including to the extent permitted under applicable law the independent public accountants for the Fund, will be given access to the books and records of the foreign banking institution relating to its actions under its agreement with the Custodian; and (e) assets of the Portfolios held by the foreign sub-custodian will be subject only to the instructions of the Custodian or its agents.

  • 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.

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

  • SENDING INSTITUTION Country: ............................................................

  • 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.

  • Institution For the purposes of these Terms and Conditions, the “Institution” means the institution purchasing goods and services for which a Purchase Order has been lawfully issued to the Vendor.

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