Schedule III Banks definition

Schedule III Banks means those authorized foreign banks under Schedule III of the Bank Act.
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Examples of Schedule III Banks in a sentence

  • Notwithstanding anything to the contrary contained in this Agreement, participating interests in, and rights and obligations with respect to, Canadian Advances and Canadian Commitments may be granted or assigned only to Schedule I Banks, Schedule II Banks, Schedule III Banks or a Person established under the laws of Canada or any province or territory thereof that is authorized to carry on business in Canada pursuant to Part XII of the Bank Act (Canada).

  • At least one but not more than two Canadian Banks which are Schedule II Banks or Schedule III Banks under the Bank Act (Canada) to be designated by the Canadian Agent and the Canadian Borrowers (with the consent of each such Canadian Bank).

  • On May 21, 2019, New York, along with eighteen other states, the District of Columbia, the City of New York, the City of Chicago, and Cook County Illinois (collectively, New York) filed a complaint challenging the Rule under the APA and the Constitution.

  • Consequential Amendment (Annex D)CSA staff determined that, in order to maintain the status quo for the application of the early warning requirements, an amendment was required to NI 62-103 to specifically include Schedule III Banks in the definition of “financial institution” given the exclusion of Schedule III Banks from the proposed definition of “Canadian financial institution” in NI 14-101.

  • Consequential Amendment (Annex F)CSA staff determined that, in order to maintain the status quo for the application of the early warning requirements, an amendment was required to NI 62-103 to specifically include Schedule III Banks in the definition of “financial institution” given the exclusion of Schedule III Banks from the amended definition of “Canadian financial institution” in NI 14-101.

  • Housekeeping Amendments (Annexes B and C)We are proposing the following housekeeping amendments in NI 31-103 and NI 45-106:• References to “financial intermediary” in NI 31-103 and NI 45-106 are removed since that expression is narrower than “Canadian financial institution” and thus not necessary.• The definition of “bank” in NI 45-106 is not necessary in light of the proposed exclusion of Schedule III Banks from the definition of “Canadian financial institution” in NI14-101.

  • CSA staff determined that, in order to maintain the status quo for the data reporting requirements, an amendment (Local Amendment) was required to section 25 of Rule 91-507 to specifically include a reference to Schedule III Banks given the exclusion of Schedule III Banks from the amended definition of “Canadian financial institution” in NI 14-101.

  • Most of the LOCs currently held by the Region are from Schedule I Banks (including Canadian top 5 banks) (92%) followed by Schedule II Banks (subsidiaries of foreign banks) (5%) and Schedule III Banks (foreign banks) (3%).There are no LOCs provided from financial institutions within the Additional Class.

  • Schedule III Banks: Foreign bank branches of foreign institutions that have been authorized under the Bank Act to do banking business in Canada.

  • Moody’s Investors Service, a credit rating agency.One Investment: Prudent Person Rule: Safekeeping:S&P: S&P/TSX Composite Index: Schedule I Banks: Schedule II Banks: Schedule III Banks: Weighted Average Maturity:Co-mingled investment program that guarantees regulatory compliance with the Municipal Act, which is specifically designed for Ontario municipalities, which is jointly operated by LAS and CHUMS Financing Corporation.

Related to Schedule III Banks

  • Schedule III bank means an authorized foreign bank named in Schedule III of the Bank Act (Canada);

  • Schedule I Lender means any Lender named on Schedule I to the Bank Act (Canada).

  • Schedule I means the schedule of all Sale Portfolio that is Sold by the Seller to the Purchaser on a Purchase Date, as supplemented on any subsequent Purchase Date by the “Schedule I” attached to the applicable Loan Assignment, and incorporated herein by reference, as such schedule may be supplemented and amended from time to time pursuant to the terms hereof, which schedule shall, together with all supplements and amendments thereto, be included in and made part of the Loan Asset Schedule attached to the Loan and Servicing Agreement.

  • Schedule 1 means Schedule 1 of this Licence unless otherwise stated;

  • Schedule 2 means Schedule 2 of this Licence unless otherwise stated;

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the Assignment Agreement or Transfer Certificate which it executes on becoming a Party.

  • Schedule 4 means Schedule 4 to ITEPA;

  • heading means the first four digits in the tariff classification number under the Harmonized System;

  • Schedule B herein mean Schedule B attached hereto as constituted on the Effective Date, and thereafter as it may be amended from time to time (deemed or in writing) pursuant to Section 16 or 19(l).

  • Annex II means Annex II to Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Syndication Agents as defined in the preamble hereto.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Schedule of Accounts means an aged trial balance and reconciliation to the Borrowing Base in form and substance reasonably satisfactory to the Administrative Agent (which may at the Administrative Agent’s discretion include copies of original invoices) listing the Accounts of the Borrower, certified on behalf of the Borrower by a Duly Authorized Officer, to be delivered on a monthly basis to the Administrative Agent by the Borrower pursuant to Section 8.1(d) hereof.

  • Account Banks means the credit institutions administering the Accounts and “Account Bank” means any of them.

  • Schedule of Charges means the schedule as seen in clause Schedule of Charges;

  • Departing Lender Signature Page means each signature page to this Agreement on which it is indicated that the Departing Lender executing the same shall cease to be a party to the Existing Credit Agreement on the Effective Date.

  • Documentation Agents as defined in the preamble hereto.

  • Schedule E means internal revenue service schedule E (form 1040) filed by a taxpayer pursuant to the Internal Revenue Code.

  • Annex I means Annex I to Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • Schedule 3 means Schedule 3 to ITEPA;

  • Account Bank Agreement means the account bank agreement dated 15 August 2018 between the Issuer, the Trustee and The Bank of New York Mellon, London branch as the same may be amended, restated, amended and restated, novated, varied, supplemented, substituted, assigned, extended or otherwise replaced or redesignated from time to time;

  • Joint Lead Arrangers and Bookrunners means Credit Suisse Securities (USA) LLC, Citigroup Global Markets, Inc., Deutsche Bank Securities Inc., Xxxxxxx Xxxxx Credit Partners L.P., HSBC Securities (USA) Inc., Xxxxxx Brothers Inc. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

  • Initial Lenders has the meaning specified in the recital of parties to this Agreement.

  • Syndication Agent as defined in the preamble hereto.