ECIP Application definition

ECIP Application has the meaning set forth in the definition of Eligible Financial Institution.

Examples of ECIP Application in a sentence

  • If so, the funding allotted to that specific applicant will be returned back to the investment fund pool.9. Additional Information – At any point in the application review process, an ECIP Application Coordinator may contact the applicant if additional information is required.

  • However, the ECIP Application Portal was not opened until March 4, 2021 and the Interim Final Rule for Emergency Capital Investment Program— Restrictions on Executive Compensation, Share Buybacks, and Dividends was issued on March 9, 2021.

  • Applicants where the committee recommends a determination of ineligibility be made are moved to step 7 and are excluded from the pool analysis.6. Pool Analysis – After the Investment Committee’s approval of the ECIP Application, the ECIP Investment Director, along with the ECIP Program Director and staff, prepares an Investment Amount Memo.

  • Although no investment review and approval decisions were made within the scope period of this audit, we gathered information to gain an understanding of the design of the ECIP Application submission, review, and approval/disapproval processes.

  • In addition, the ECIP Application deadline was extended and program guidance was updated, in part, to respond to stakeholders’ requests for extension and to provide Treasury officials and the FBRs the opportunity to respond to concerns.

  • ECIP Application PortalTreasury partnered with Salesforce23 to develop the ECIP Application Portal, which combined public-facing application submission with secure access for ECIP management and staff to conduct application reviews and coordinate evaluations with banking regulators.

  • Application Intake and Initial Checks – The ECIP Application Portal is the sole mechanism for an eligible financial institution to apply for an ECIP investment.

  • In designing the program, Treasury officials (1) created and staffed a new program office, (2) conducted outreach with stakeholders, (3) issued application guidance materials and signed MOUs with FBRs, and (4) developed the ECIP Application Portal to accept applications and coordinate reviews with Federal and State banking regulators.

  • As discussed later in this report, Treasury launched the ECIP Application Portal on March 4, 2021.

  • Once an ECIP Application Coordinator receives the withdrawal request, ECIP management will contact the applicant to confirm withdrawal.

Related to ECIP Application

  • Uniform application means the current version of the national association of insurance commissioners uniform application for resident and nonresident insurance producer licensing.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • SAP Application(s) means all Packages (i.e. all Software and Third Party Software) licensed under the Agreement and/or SAP cloud services for which Customer has a valid subscription, excluding User Interfaces for ERP, SAP Technology Solutions and all database Packages.

  • Mobile Application means a specialized software program downloaded onto a wireless communication device.

  • Server Application means an application developed by Licensee that a) utilizes the Runtime Product, b) allows more than one user to Use the Runtime Product through any middle tier application(s), and c) adds significant and primary functionality to the Runtime Product. A Client Application installed in a Windows terminal server environment (e.g. Citrix or Microsoft Remote Desktop Platform) is a Server Application.

  • Fee Application means an application for allowance and payment of a Fee Claim (including Claims for “substantial contribution” pursuant to section 503(b) of the Bankruptcy Code).

  • Client Application means an application developed by Licensee that a) utilizes the Runtime Product, b) is installed fully on an end user’s machine, with all report processing local to that machine, and c) adds significant and primary functionality to the Runtime Product.

  • Licensed Application means an Application that (a) meets and complies with all of the Documentation and Program Requirements, and (b) has been selected and digitally signed by Apple for distribution, and includes any additional permitted functionality, content or services provided by You from within an Application using the In-App Purchase API.

  • Access Application means an application for Access Rights as described in section 3.7;

  • Customer Application means a software program that Customer creates or hosts using the Services.

  • FCC Applications means those applications and requests for waivers required to be filed with the FCC to obtain the approvals and waivers of the FCC pursuant to the Communications Act and FCC Rules necessary to consummate the transactions contemplated by this Agreement.

  • Application Process means the online application process under which the Applicant applies for Hospitality Packages on the Webshop.

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.

  • Application Program means a computer program which is intended to be executed for the purpose of performing useful work for the user of the information being processed. Application programs are developed or otherwise acquired by the user of the Hardware/Software system, but they may be supplied by the Contractor.

  • Application Form means any application form to be completed by subscribers for Shares as prescribed by the Company from time to time.

  • Application packet means the information, documents, and fees required by the Department for the:

  • Creation Application means an application by a Participating Dealer for the creation and issue of Units in an Application Unit size (or whole multiples thereof) in accordance with the Operating Guidelines and the Trust Deed.

  • Request for Applications (RFA) means the document (including all amendments and attachments) issued by the System Agency under which applications for Program funds were requested, which is incorporated by reference for all purposes in its entirety.

  • Transfer Application means an application and agreement for transfer of Units in the form set forth on the back of a Certificate or in a form substantially to the same effect in a separate instrument.

  • Software Application means a digital product or service as defined in Article 2, point 13, of Regulation (EU) …/… [on contestable and fair markets in the digital sector (Digital Markets Act)];

  • Initial application means the Application first provided to MFA on or before an Application Deadline to request an allocation of Tax Credits.

  • Land use application means an application required by a municipality's land use

  • Marketing Authorization Application or “MAA” means an application for Regulatory Approval in a country, territory or possession.

  • Bid Application Form means the form as specified in Annexure II of this E-Auction Process Information Document;

  • Project Application means the federal Section 5311 operating assistance project application submitted by the Municipal Corporation to, and as approved by the Commissioner for the Project described in Appendix C of this Agreement, including all project supporting information submitted therewith.

  • Patent Application means an application for patent protection for a CRADA Subject Invention with the United States Patent and Trademark Office (“U.S.P.T.O.”) or the corresponding patent-issuing authority of another nation.