Credit Functions definition

Credit Functions means the provision of credit facility, financial accommodation and arrangement by the Bank to its customers from time to time, particulars and detailed terms of which are set out in the Master Terms and Conditions of the Bank;
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Examples of Credit Functions in a sentence

  • Other insurance schemes are under implementation, including the Pilot Modified NAIS (MNAIS), the Pilot Weather Based Crop Insurance Scheme (WBCIS), and the Pilot Coconut Palm, Insurance Scheme (CPIS).41 Ministry of Finance (2009) and (2010c).42 Ministry of Finance (2011a).43 Information provided by the authorities.44 NABARD online information, "Credit Functions: Direct Credit".

  • Legislation The Court received a report on measures introduced by Parliament which might have an effect on the services provided by the City Corporation as follows:- Statutory Instruments Date in Force The Rent Officers (Housing Benefit and Universal Credit Functions) (Amendment) Order 2018 S.I. No.1332The Order makes technical changes to the calculation of the amount of local housing allowance payable to claimants.

  • RECOMMENDATION: Based on our assessment of the current ownership structures we recommend that the Scheme is ‘managed’ by the Credit Functions within all participating banks.

  • The method by which Rent Officers determine the LHA rates and when they do this is set out in the Rent Officers (Housing Benefit Functions) Order 1997 (S.I. 1997/1984)1, the Rent Officers (Housing Benefit Functions) Scotland Order 1997 (S.I. 1997/1995)2 and the Rent Officers (Universal Credit Functions) Order 2013 (S.I. 2013/382)3 (collectively referred to as the “Rent Officers Orders”).

  • The Rent Officers (Housing Benefit and Universal Credit Functions) (Local Housing Allowance Amendments) Order 2015 (SI 2015/1753) (“the Rent Officers Order”), which were paralleled by draft regulations from Northern Ireland, were exempt from being referred to the Committee because the GB primary powers under which they were made were contained in a statute which was not a ‘relevant enactment’ for the purposes of section 170(5) of the Social Security Administration Act 1992.

  • These regulations make equivalent changes to those made by the GB instrument, the Rent Officers (Housing Benefit and Universal Credit Functions) (Amendment) Order 2020.

  • The method by which they determine the rates and when they do this is set out in the Rent Officers (Housing Benefit Functions) Order 1997 (S.I. 1997/1984)1, the Rent Officers (Housing Benefit Functions) Scotland Order 1997 (S.I. 1997/1995)2 and the Rent Officers (Universal Credit Functions) Order 2013 (S.I. 2013/382)3 (collectively referred to as the “Rent Officers Orders”).

  • In order to maintain parity, these regulations implement for Northern Ireland the changes brought about for Universal Credit only in the equivalent Great Britain Order, The Rent Officers (Housing Benefit and Universal Credit Functions) (Amendment) Order 2017 ( S.I. 2017/ 1323) which came into force on 26th January 2018.

  • All group members must commit to follow the rules and regulations agreed within the group with regard to selection of group leaders and carrying on of group activities.⮚ Group Capacity Building and Promotion of Savings and Credit Functions.

  • The participants met again at the next meeting as planned with the purpose of coming with strategies that the teachers could use to strengthen the teaching of English in large Grade 8 classes.

Related to Credit Functions

  • School function means any school-sponsored extra-curricular event or activity.

  • Governmental function means an activity that is expressly or impliedly mandated or authorized by constitution, statute, local charter or ordinance, or other law. Governmental function includes an activity performed on public or private property by a sworn law enforcement officer within the scope of the law enforcement officer's authority, as directed or assigned by his or her public employer for the purpose of public safety.

  • critical functions means activities, services or operations the discontinuance of which is likely in one or more Member States, to lead to the disruption of services that are essential to the real economy or to disrupt financial stability due to the size, market share, external and internal interconnectedness, complexity or cross-border activities of an institution or group, with particular regard to the substitutability of those activities, services or operations;

  • Delegated Functions means a function of the Director or the Lord Chancellor delegated to you by an Authorisation;

  • Commercially Useful Function means responsibility for the execution of a distinct element of the work of the contract, which is carried out by actually performing, managing, and supervising the work involved, evidencing the responsibilities and risks of a business owner such as negotiating the terms of (sub)contracts, taking on a financial risk commensurate with the contract or its subcontract, responsibility for acquiring the appropriate lines of credit and/or loans, or fulfilling responsibilities as a joint venture partner as described in the joint venture agreement.

  • Form, fit, and function data means technical data that describes the required overall physical, functional, and performance characteristics (along with the qualification requirements, if applicable) of an item, component, or process to the extent necessary to permit identification of physically and functionally interchangeable items.

  • Essential job functions means the fundamental job duties of the employment position an individual holds. A job function may be considered essential if-

  • Essential functions means the fundamental job duties of the employment position the individual with a disability holds or desires. "Essential functions" does not include the marginal functions of the position.

  • Safety-sensitive function means all time from the time a driver begins to work or is required to be in readiness to work until the time he/she is relieved from work and all responsibility for performing work.

  • Servicing Function Participant Any Additional Servicer, Sub-Servicer, Subcontractor or any other Person, other than the Certificate Administrator, the Operating Advisor, the Master Servicer, the Special Servicer and the Trustee, that is performing activities that address the Servicing Criteria, unless such Person’s activities relate only to 5% or less of the Mortgage Loans by unpaid principal balance calculated in accordance with the provisions of Regulation AB.

  • Registrar Functions means the functions with regard to:

  • quality (functionality means the totality of features and characteristics of a product or service that bear on its ability to satisfy stated or implied needs F.1.4 Communication and employer’s agentEach communication between the employer and a tenderer shall be to or from the employer's agent only, and in a form that can be read, copied and recorded. Writing shall be in the English language. The employer shall not take any responsibility for non-receipt of communications from or by a tenderer. The name and contact details of the employer’s agent are stated in the tender data. F.1.5 The employer’s right to accept or reject any tender offer F.1.5.1 The employer may accept or reject any variation, deviation, tender offer, or alternative tender offer, and may cancel the tender process and reject all tender offers at any time before the formation of a contract. The employer shall not accept or incur any liability to a tenderer for such cancellation and rejection, but will give written reasons for such action upon written request to do so. F.1.5.2 The employer may not subsequent to the cancellation or abandonment of a tender process or the rejection of all responsive tender offers re-issue a tender covering substantially the same scope of work within a period of six months unless only one tender was received and such tender was returned unopened to the tenderer. F.2 Tenderer’s obligations F.2.1 EligibilitySubmit a tender offer only if the tenderer satisfies the criteria stated in the tender data and the tenderer, or any of his principals, is not under any restriction to do business with employer. F.2.2 Cost of tenderingAccept that the employer will not compensate the tenderer for any costs incurred in the preparation and submission of a tender offer, including the costs of any testing necessary to demonstrate that aspects of the offer satisfy requirements. F.2.3 Check documentsCheck the tender documents on receipt for completeness and notify the employer of any discrepancy or omission. F.2.4 Confidentiality and copyright of documentsTreat as confidential all matters arising in connection with the tender. Use and copy the documents issued by the employer only for the purpose of preparing and submitting a tender offer in response to the invitation. F.2.5 Reference documentsObtain, as necessary for submitting a tender offer, copies of the latest versions of standards, specifications, conditions of contract and other publications, which are not attached but which are incorporated into the tender documents by reference. F.2.6 Acknowledge addendaAcknowledge receipt of addenda to the tender documents, which the employer may issue, and if necessary apply for an extension to the closing time stated in the tender data, in order to take the addenda into account. F.2.7 Clarification meetingAttend, where required, a clarification meeting at which tenderers may familiarize themselves with aspects of the proposed work, services or supply and raise questions. Details of the meeting(s) are stated in the tender data. F.2.8 Seek clarificationRequest clarification of the tender documents, if necessary, by notifying the employer at least five working days before the closing time stated in the tender data. F.2.9 InsuranceBe aware that the extent of insurance to be provided by the employer (if any) might not be for the full cover required in terms of the conditions of contract identified in the contract data. The tenderer is advised to seek qualified advice regarding insurance. F.2.10 Pricing the tender offer F.2.10.1 Include in the rates, prices, and the tendered total of the prices (if any) all duties, taxes (except Value Added Tax (VAT), and other levies payable by the successful tenderer, such duties, taxes and levies being those applicable 14 days before the closing time stated in the tender data. F2.10.2 Show VAT payable by the employer separately as an addition to the tendered total of the prices.

  • investment services and activities means any of the services and activities listed in Section A of Annex I relating to any of the instruments listed in Section C of Annex I;

  • Activities of daily living means at least bathing, continence, dressing, eating, toileting and transferring.

  • Distribution Function means the functions with regard to:

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Activities of Daily Living (ADL means the following:

  • disaster management means a continuous and integrated process of planning, organising, coordinating and implementing measures which are necessary or expedient for—

  • Nonprofessional services means any services not specifically identified as professional services in

  • Publication NPC-207 means the Ministry draft technical publication “Impulse Vibration in Residential Buildings”, November 1983, supplementing the Model Municipal Noise Control By-Law, Final Report, August 1978, published by the Ministry.

  • Appraisal management services means one or more of the following:

  • Publication NPC-205 means Ministry Publication NPC-205, Sound Level Limits for Stationary Sources in Class 1 & 2 Areas (Urban), October, 1995; and

  • Investment Personnel means: (a) Portfolio Managers and other Advisory Persons who provide investment information and/or advice to the Portfolio Manager(s) and/or help execute the Portfolio Manager's(s') investment decisions, including securities analysts and traders; (b) any natural person in a control relationship to the Fund who obtains information concerning recommendations made to the Fund with regard to the purchase or sale of a security; and (c) certain other individuals as designated by the Compliance Officer.

  • Instrumental activities of daily living (IADL) means routine activities performed around the home or in the community and includes the following:

  • Self-administer means a qualified patient’s act of ingesting medication to end his or her life in a humane and dignified manner.

  • Additional Servicer Each affiliate of each Servicer that services any of the Mortgage Loans and each Person who is not an affiliate of the any Servicer, who services 10% or more of the Mortgage Loans. For clarification purposes, the Master Servicer and the Securities Administrator are Additional Servicers.