Examples of Qualifying Banks in a sentence
In effecting any Liquidation, the Disposal Agent may sell any Collateral to itself (subject to Condition 13(l) (Notification of Enforcement Event)) or to any of its Affiliates, provided that (i) the Disposal Agent or such Affiliates are Qualifying Banks and (ii) the price for such Collateral is paid to the Custodian or to the order of the Issuer.
Each Swiss Borrower shall have Debt owing to no more than twenty (20) lenders that are not Qualifying Banks, including for the purposes of this Section 5.10 any such Debt owing to Affiliates of such Swiss Borrower.
Number of Qualifying Banks by Headquartered State and Their CBLRs State Banks Meeting Qualifying Criteria State Banks Meeting Qualifying Criteria Source: Congressional Research Service calculations using data from the Federal Financial Institutions Examination Council, Bulk Data Download website, at https://cdr.ffiec.gov/public/PWS/DownloadBulkData.aspx, accessed on September 14, 2019.Notes: List of bank names available to congressional clients by state upon request.
Each Swiss Borrower has Debt owing to no more than twenty (20) Lenders that are not Qualifying Banks, including for the purpose of this Section 3.13 any such Debt owing to Affiliates of such Swiss Borrower.
Number of Qualifying Banks and Their CBLRs Source: CRS calculations using data from the Federal Financial Institutions Examination Council, Bulk Data Download website, at https://cdr.ffiec.gov/public/PWS/DownloadBulkData.aspx, accessed on September 14, 2019.Table 1 compares the averages of certain balance-sheet values and ratios at qualifying and nonqualifying banks.
Indicative letter of support from at least two Qualifying Banks and Financial Institutions for lending of debt finance for the PPP Project, substantially in the form provided at Annex QD-9A.
Each Swiss Borrower shall ensure at any time that it is in compliance with the Swiss Non-Bank Rules; provided, however, that a Swiss Borrower shall not be in breach of this Clause 21.11 if the number of Lenders under this Agreement that are not Swiss Qualifying Banks exceeds 10 solely by reason of a failure by one or more of the Lenders to comply with their obligations under Clause 23 (Changes to Lenders).
Each Swiss Borrower is compliant with the Swiss Non-Bank Rules; provided, however, that a Swiss Borrower shall not be in breach of this Clause 18.8 if the number of Lenders under this Agreement that are not Swiss Qualifying Banks exceeds 10 solely by reason of a failure by one or more of the Lenders to comply with their obligations under Clause 23 (Changes to Lenders).
Prospective Bidders are required to submit as a part of their Qualification Documents, indicative letters of support from two or more Qualifying Banks and Financial Institutions regarding the provision of debt finance for the Project substantially in the form provided at Annex QD-9A.
For the purpose of its compliance with the Swiss Non-Bank Rules under this Clause 6, the Swiss Borrower shall for the purpose of compliance with the Swiss 20-Non-Bank Rule assume that in relation to the Facilities the number of Lender which are not, in each case, Swiss Qualifying Banks is not less than 10 (irrespective of whether or not there are, at any time, any such lenders).