Examples of Domestic Office in a sentence
No change by a Lender in its Domestic Office or LIBOR Office made for such Lender's convenience shall result in any increased cost to the Borrower.
If a newly formed OCC-regulated Federal Savings Association opens for business at any time during the quarter, even if on the last day of the quarter, it is required to file either a Consolidated Reports of Condition and Income for A Bank With Domestic Office Only – FFIEC 041 or a Consolidated Reports of Condition and Income for A Bank With Domestic and Foreign Offices- FFIEC 031 (“Call Report”) for the period of operations during the quarter.
If the Borrower is required to pay additional amounts to or for the account of any Lender pursuant to this Section, then such Lender will change the jurisdiction of its applicable Eurodollar or Domestic Office so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the sole discretion of such Lender, is not otherwise disadvantageous to such Lender.
Bankers' Acceptances issued by a domestic bank or a Federally Chartered Domestic Office of a foreign bank, which are eligible for purchase by the Federal Reserve System may be purchased for the Investment Portfolio if the following conditions aremet:– Maturity Limit: no greater than one hundred-eighty days (180) days; and– Credit Quality: the issuing corporation, or its guarantor, has a short-term debt rating in the highest category by at least twoNRSROs.
Eurodollar Loans shall be made by each Lender at its Eurodollar Office and Reference Rate Loans shall be made by each Lender at its Domestic Office.