Designated Financial Institution definition

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

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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

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;

Examples of Designated Financial Institution in a sentence

• If the Designated Financial Institution(s) agree(s) to accept any Notes for exchange but does not timely pay and/or deliver, as the case may be, the related Conversion Consideration, or if such Designated Financial Institution does not accept the Notes for exchange, the Company shall pay and/or deliver, as the case may be, the relevant Conversion Consideration, as, and at the time, required pursuant to this Indenture as if the Company had not made the Exchange Election.

• Neither the Trustee nor Conversion Agent shall have the responsibility for any act or omission of any Designated Financial Institution.

• If the Designated Financial Institution(s) agree(s) to accept any Notes for exchange but does not timely pay and deliver, as the case may be, the related Conversion Consideration, or if such Designated Financial Institution does not accept the Notes for exchange, the Company shall pay and deliver, as the case may be, the relevant Conversion Consideration as, and at the time, required pursuant to this Indenture as if the Company had not made the Exchange Election.

• The Company may, but shall not be obligated to, enter into a separate agreement with any Designated Financial Institution that would compensate the Company for any such transaction.

• If the Designated Financial Institution(s) agree(s) to accept any Notes for exchange but does not timely pay and/or deliver, as the case may be, the related Conversion Consideration, or if such Designated Financial Institution does not accept the Notes for exchange, the Company shall pay and/or deliver, as the case may be, the relevant Conversion Consideration as, and at the time, required pursuant to this Indenture as if the Company had not made the Exchange Election.

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

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 means a financial institution selected by ITT ESI and meeting the criteria set forth in Exhibit A-1 hereto.

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.