Representative or nominee definition

Representative or nominee means a per­ of $20 million or more; (2) offices of depository son who serves as a management official and has institution affiliates of both are located in the same an express or implied obligation to act on behalf of SMSA and either of the depository institution affili­ another person with respect to management respon­ ates has total assets of $20 million or more; or (3) sibilities. Whether a person is a “ representative or an office of one of the depository organizations is nominee” depends upon the facts in individual located in the same SMSA as an office of a deposi­ cases, and the appropriate Federal supervisory tory institution affiliate of the other and either the agency or agencies will determine, after giving the depository organization or the depository institution affected persons an opportunity to respond, whether affiliate has total assets of $20 million or more.
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Related to Representative or nominee

  • Proposed Nominee Associated Person of any Proposed Nominee shall mean (A) any Person acting in concert with such Proposed Nominee, (B) any direct or indirect beneficial owner of Shares owned of record or beneficially by such Proposed Nominee or Person acting in concert with the Proposed Nominee and (C) any Person controlling, controlled by or under common control with such Proposed Nominee or a Proposed Nominee Associated Person.

  • Registered Representative is defined as a duly registered representative of Broker-Dealer, in good standing, with the authority to sell Contracts as required by the Financial Industry Regulatory Authority, Inc. (hereinafter “FINRA”) and who is appointed as a non exclusive agent of the Company and properly licensed and appointed in accordance with applicable laws and regulations and the Company’s Licensing, Appointment and Registration policy, as amended from time to time.

  • Designated Representative has the meaning set forth in Section 6(j)(v) of this Agreement.

  • Representative means, with respect to any Person, any and all directors, officers, employees, consultants, financial advisors, counsel, accountants and other agents of such Person.

  • Nominated Representative means the person nominated by the applicant for, or the holder of, a licence, for the purposes of continuing to operate the licence in the event of death of the licence holder.