Qualifying Institution definition

Qualifying Institution means a United States commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof having assets of at least Ten Billion Dollars ($10,000,000,000) (net of reserves) and who satisfies the Credit Requirements.

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Qualifying Institution means, in respect of relevant Eligible Credit Support that is a Deposit, any depositary institution or trust company (or, in case of a principal depositary institution in a holding company system, such holding company) the debt or deposits of which are rated not less than the Short-Term Minimum Rating and not less than the Long-Term Minimum Rating, which for the avoidance of doubt may include Party B’s custodian (and its successors) but shall exclude Barclays Bank PLC and any affiliate and its successors.

Qualifying Institution means a public or private institution of higher education in the

Examples of Qualifying Institution in a sentence

• Owner Participant shall be a Qualifying Institution (as defined in Section 8.2(a)(ii)) as of the Delivery Date.

• Such transfer would not be subject to approval by the Company, and no legal opinion of legal counsel of the Qualifying Institution would be required in connection therewith.

• In the event that the Issuing Entity Account Bank ceases to be a Qualifying Institution, the Issuing Entity Account Bank shall immediately give notice of that fact to the Note Trustee and the Issuing Entity.

• The foregoing notice shall be accompanied by copies of the application forms referred to in subsection (d) above and the definition of who is a Qualifying Institution.

• As a complement to Regulation CGCC-2, the Tribal Gaming Commission has adopted a regulation approving application of Regulation CGCC-2 to the holders of the Notes that also provides for the automatic Tribal Gaming Commission licensing of each Qualifying Institution who properly submits a license application in a form identical to the application required for registration under Regulation CGCC-2.

More Definitions of Qualifying Institution

Qualifying Institution means a United States commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof having assets of at least $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least “A” from S&P and “A2” from Moody's.

Qualifying Institution means any of the following, provided it is not a Restricted Person, and provided none of its Affiliates is a Restricted Person for any reason other than by reason of section (d) of the definition of Restricted Person:

Qualifying Institution has the meaning set forth in Section 2.13(a)(iv)(D)(3).

Qualifying Institution means any of the following:

Qualifying Institution means a public or private institution of higher education in the Commonwealth or its associated intellectual property foundation that adopts a policy regarding the ownership, protection, assignment, and use of intellectual property pursuant to § 23-4.3.

Qualifying Institution means a bank licensed under the Banking Act, or an insurer registered under the Insurance Act, or such other financial institution as may be approved under the Retirement Benefits Act, 1997;

Qualifying Institution means an institution of higher education in the Commonwealth or its