Eligible Institutions definition

Eligible Institutions means any banks in relation to which, on any given date, its long term unsecured, unsubordinated and unguaranteed debt obligations and its short term unsecured, unsubordinated and unguaranteed debt obligations are rated at least as high as the long-term rating and the short-term rating specified in column 2 of the table below corresponding to the category of the OBG as at the same day as specified in column 1 of the table below, provided however that if the OBG has been downgraded as a result of the downgrading of the relevant bank refernce must be made to the category of the OBG as specified in column 1 of the table below immediately prior to such downgrade.
Eligible Institutions means two or four-year Virginia (i) public institutions of higher education
Eligible Institutions means institutions of higher education listed in Utah Code Section 53B-2- 101(1), or a private, nonprofit college or university in the state that is accredited by the Northwest Commission on Colleges and Universities.

Examples of Eligible Institutions in a sentence

  • The Trustee may appoint one or more Eligible Institutions to act as its agent or agents to perform any or all of its duties and obligations under this Agreement.

  • BBH then randomly allocates each Client’s Excess Cash among that Business Day’s participating Eligible Institutions.

  • BBH will place each Client’s Excess Cash with an Eligible Institution based on, among other factors, any limitations identified in Exhibit B, as amended from time-to-time and accepted by BBH, the amount of Excess Cash available, the Eligible Institutions willing to accept Deposits and the deposit-taking capacity of each Eligible Institution.

  • The Adviser hereby instructs BBH to debit Excess Cash from each Client’s cash account(s) at the end of each Business Day, place the Excess Cash in the Deposits of one or more Eligible Institutions, and then credit Client’s cash account(s) after receipt from the Eligible Institution(s) of the Excess Cash the following Business Day.

  • Client may now, or in the future, enter into business relationships with the Eligible Institutions.


More Definitions of Eligible Institutions

Eligible Institutions means two or four-year Virginia (i) public institutions of higher education and (ii) private, nonprofit and for-profit, nonsectarian, degree-granting institutions of higher education that are institutionally accredited by an accrediting commission recognized by the United States Department of Education, and whose primary purpose is to provide collegiate, graduate, technical or professional education and not to provide religious training or theological education.
Eligible Institutions means those financial institutions identified as "Anchor Banks" by Bank Negara Malaysia from time to time.
Eligible Institutions means a public or private institution of higher education in this State that possesses a certificate of approval from the Commission.
Eligible Institutions means a public or private education institution legally established within the Recipient’s territory selected pursuant to the eligibility criteria set forth in the Scholarships Manual to provide Scholarship to Scholarship Beneficiary.
Eligible Institutions means any Library Authority in the United Kingdom. "Fee" means the fees as set out in Annex 1.
Eligible Institutions means public institutions, community institutions and community annex programs which have met specific eligibility criteria, approved by the Association, in order to receive Matching Grants and Performance Grants for the financing of IPs and PPs.
Eligible Institutions means institutions of USHE, or any private, nonprofit institution of higher education in Utah accredited by the Northwest Commission on Colleges and Universities (NWCCU).