Designated Financial Institution definition

Designated Financial Institution shall have the meaning specified in Section 14.12(a).

Designated Financial Institution shall have the meaning specified in Section 14.02(j).

Designated Financial Institution means a Japanese financial institution or a Japanese financial instruments business operator designated by the Cabinet Order pursuant to Article 6, Paragraph 9 of the Special Taxation Measures Act of Japan (Law No. 26 of 1957, as amended) (the “Special Taxation Measures Act”); and

Examples of Designated Financial Institution in a sentence

• The Company, the Holders surrendering Notes for conversion and the Conversion Agent shall cooperate with applicable procedures of the Depositary to cause such Notes to be delivered to the Designated Financial Institution.

• If the Designated Financial Institution accepts any such Notes, it will pay and/or deliver, as the case may be, the cash, shares of Common Stock or a combination thereof due upon conversion to the Conversion Agent, and the Conversion Agent shall pay and/or deliver such cash and/or shares of Common Stock to such Holder on the third Business Day immediately following the relevant Conversion Date.

• The Company’s designation of a Designated Financial Institution does not require such Designated Financial Institution to accept any Notes.

• If the Company makes an Exchange Election, the Company shall, by the close of business on the Business Day immediately following the relevant Conversion Date, notify in writing the Holder surrendering Notes for conversion and the Trustee that the Company has made an Exchange Election and shall notify the Designated Financial Institution of the Settlement Method the Company has elected with respect to such conversion and the relevant deadline for delivery of the relevant Conversion Consideration.

• In order to accept any Notes surrendered to the Company for conversion, the Designated Financial Institution must agree to timely deliver, in exchange for such Notes, cash, shares of Common Stock or combination thereof, at the Company’s election, that would otherwise be due upon conversion, all as provided in Section 14.02(a) (the “Conversion Consideration”).

More Definitions of Designated Financial Institution

Designated Financial Institution has the meaning set forth in Section 3.05.

Designated Financial Institution means a Japanese financial institution or financial instruments business operator falling under certain categories prescribed by the cabinet order under Article 6, Paragraph 9 of the Special Taxation Measures Act;

Designated Financial Institution means a Japanese financial institution falling under certain categories prescribed by the Act on Special Taxation Measures and the Cabinet Order.

Designated Financial Institution means a Japanese financial institution or a Japanese financial instruments business operator designated by the Cabinet Order pursuant to Article 6, paragraph 9 of the Special Taxation Measures Law;

Designated Financial Institution means (i) a bank incorporated in Singapore; or (ii) a financial holding company;

Designated Financial Institution has the meaning specified in Section 9.5.

Designated Financial Institution. (DFI) shall mean the financial organization which has been designated by the Employer to receive all contributions made on behalf of all Participants pursuant to the Plan and to perform such other duties as required under Section 408(p)(7) of the Code. For purposes of the SIMPLE IRA Plan, the Custodian shall be the DFI upon the Employer’s designation of such in the Adoption Agreement and acceptance, written or otherwise, of the Employer’s designation delivered to the Employer by Fidelity Investments Institutional Operations Company LLC (FIIOC), as agent for the Custodian.