Recognized financial institution definition

Recognized financial institution means an institution that is organized or licensed under the laws of the United States or any state and is insured by the federal deposit insurance corporation;
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Recognized financial institution means any of the following: (i) any insurance company, (ii) any savings and loan bank, institution or association, (iii) any thrift institution or association, (iv) any mutual savings or loan bank, institution or association, (v) any commercial bank, (vi) any investment bank, and/or (vii) any leasing company or any other financial services company or institution. Records shall mean any and all logs, manuals, certificates and date and inspection, modification, maintenance, engineering, technical and overhaul records (including all computerized data, records and materials of any kind whatsoever) with respect to the Aircraft, including, without limitation, all records required to be maintained by the FAA or any other governmental agency or authority having jurisdiction with respect to the Aircraft or any Manufacturer or Supplier of the Aircraft (or any part thereof) with respect to the enforcement of warranties or otherwise, which Records shall be at all times the property of the Lessor after the Acceptance Date. Rent shall have the meaning set forth in Section 3 of the Lease.
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Recognized financial institution a) a financial institution domiciled in Colombia, which has a long-term debt credit risk rating of "investment grade", as determined by a risk rating agency supervised by the Financial Superintendence of Colombia; or b) a foreign financial institution included in the list of foreign financial entities in Appendix No. 1 of Regulation Letter DCIN-83 of 2003 of the Colombian Bank of the Republic or included in the regulations that amend, add to or substitute it and that accredits a long-term debt rating of at least "investment grade" issued by an internationally recognized risk rating agency in accordance with what is established in the Applicable Regulations.
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Examples of Recognized financial institution in a sentence

  • If External Financing will be sourced, attached Declaration from the Legally Recognized financial institution to provide funding to the project.


More Definitions of Recognized financial institution

Recognized financial institution. (RFI), means, a Canadian financial institution as defined in the Bank Act; the Business Development Bank of Canada; any of the following provincial loan boards: Fisheries Loan Guarantee Program (N&L); Direct Loans for Commercial Fishing Program (New Brunswick); Fisheries and Aquaculture Loan Board (Nova Scotia); P.E.I. Lending Agency (Prince Edward Island); Commercial
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Recognized financial institution. (RFI), means, a Canadian financial institution as defined in the Bank Act; the Business Development Bank of Canada; any of the following provincial loan boards: Fisheries Loan Guarantee Program (N&L); Direct Loans for Commercial Fishing Program (New Brunswick); Fisheries and Aquaculture Loan Board (Nova Scotia); P.E.I. Lending Agency (Prince Edward Island); Commercial Fishery Financing Program (Québec); Programme d’allégement temporaire du remboursement des prêts aux enterprises de la pêche (Québec).
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Related to Recognized financial institution

  • Designated Financial Institution shall have the meaning specified in Section 14.12(a).

  • Reporting Financial Institution means a Reporting Finnish Financial Institution or a Reporting U.S. Financial Institution, as the context requires.

  • Approved Financial Institution means any bank approved by Exchange in accordance with its credit review procedures or policies;

  • Qualified Financial Institution means, at any time, a financial institution organized under the laws of any jurisdiction in the United States of America or Europe that at such time has outstanding debt obligations with a stated maturity of one year or less from the date of issue and rated A-1 or higher by Standard & Poor’s, a division of The McGraw Hill Companies, Inc., Ratings Group (or any successor) or P-1 or higher by Moody’s Investors Service, Inc. (or any successor) or, in either case, such other comparable rating, if any, then used by such rating agency.

  • regulated financial institution means a state or nationally chartered bank, savings and loan association or savings bank, credit union, trust company, or other state or federally chartered lending institution or a regulated affiliate or regulated subsidiary of any of these entities.

  • Affected Financial Institution means (a) any EEA Financial Institution or (b) any UK Financial Institution.

  • Licensed financial institution means a financial institution issued a license under this act.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Participating Financial Institution means a financial institution participating in EMT Services and/or Online Payment Services, as the case may be.

  • Financial institution means a Bank, Development Finance Institution, Non Banking Finance Company, Modaraba or an institution registered under relevant laws to provide financial services within or outside Pakistan.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • foreign financial institution means an institution registered as a foreign financial institution with the Ministry of Finance in the Mexican Banking and Financial Institutions, Pensions, Retirement and Foreign Investment Funds Registry for purposes of Article 195, Section I of the Mexican Income Tax Law.

  • your financial institution means the financial institution nominated by you on the DDR at which the account is maintained.

  • International Financial Institution means any bank in the top 1,000 (together with their affiliated companies) as measured by "Tier 1" capital or any broker/dealer in the top 100 as measured by capital.

  • Nonparticipating Financial Institution means a nonparticipating FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not include a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution other than a Financial Institution treated as a Nonparticipating Financial Institution pursuant to subparagraph 2(b) of Article 5 of this Agreement or the corresponding provision in an agreement between the United States and a Partner Jurisdiction.

  • Non-Reporting Financial Institution means any Financial Institution that is:

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • Canadian financial institution means (i) an association governed by the Cooperative Credit Associations Act (Canada) or a central cooperative credit society for which an order has been made under section 473(1) of that Act, or (ii) a bank, loan corporation, trust company, trust corporation, insurance company, treasury branch, credit union, caisse populaire, financial services cooperative, or league that, in each case, is authorized by an enactment of Canada or a jurisdiction of Canada to carry on business in Canada or a jurisdiction of Canada;

  • Qualified United States financial institution means an institution that:

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • Partner Jurisdiction Financial Institution means (i) any Financial Institution established in a Partner Jurisdiction, but excluding any branch of such Financial Institution that is located outside the Partner Jurisdiction, and (ii) any branch of a Financial Institution not established in the Partner Jurisdiction, if such branch is located in the Partner Jurisdiction.

  • International banking institution means an international financial institution of which the United States is a member and whose securities are exempt from registration under the Securities Act of 1933.

  • Educational institution means a University or any educational institution recognized by the State Government, a University or other competent authority;

  • National bank means a national banking association

  • Qualified Institutional Lender means each of the Initial Note Holders and any other U.S. Person that is: