SIFI definition
Examples of SIFI in a sentence
If Charter School is a School Identified for Improvement (SIFI) under “No Child Left Behind” (NCLB), Charter School shall implement and be financially responsible for any interventions/strategies required based upon the school’s SIFI status.
SIFI SHALL INDEMNIFY CITY FROM ANY AND ALL LIABILITY, OBLIGATION, DAMAGES, PENALTIES, CLAIMS, LIENS, COSTS, CHARGES, LOSSES AND EXPENSES (INCLUDING, WITHOUT LIMITATION, REASONABLE FEES AND EXPENSES OF ATTORNEYS, EXPERT WITNESSES AND CONSULTANTS), WHICH MAY BE IMPOSED UPON, INCURRED BY OR BE ASSERTED AGAINST SIFI IN RELATION TO THE TAXES OWED OR ASSESSED ON THE LEASE AREA.
IN ADDITION, SIFI REPRESENTS AND WARRANTS THAT ITS USE OF THE PROPERTY HEREIN WILL NOT GENERATE ANY HAZARDOUS SUBSTANCE, AND IT WILL NOT STORE OR DISPOSE ON THE PROPERTY NOR TRANSPORT TO OR OVER THE PROPERTY ANY HAZARDOUS SUBSTANCE OTHER THAN SMALL AMOUNTS OF CLEANING FLUIDS, PETROLEUM IN VEHICLES, SULFURIC ACID IN SEALED GEL-CELL BATTERIES OR DIESEL FUEL TRANSPORTED TEMPORARILY ONTO THE PROPERTY AND CONTAINED IN A PORTABLE GENERATOR USED FOR EMERGENCY POWER.
However, the Minister for Business and Growth may decide that an institution is no longer a SIFI before these three years have passed if the institution files a request to this effect and if the institution is substantially below the limits e.g. as a result of divestment of significant parts of the business or similar.
SIFI, the ▇▇▇▇▇▇▇ Group and the Nominee have agreed that it is in their mutual interests to enter into this Agreement.
New SIFIs must meet the SIFI requirements at the end of the following year, i.e. at least 18 months after having been identified.
TO THE EXTENT THAT SIFI MAY NOT AS A MATTER OF APPLICABLE LAW DISCLAIM ANY IMPLIED WARRANTY, THE SCOPE AND DURATION OF SUCH WARRANTY WILL BE THE MINIMUM PERMITTED UNDER SUCH LAW.
In accordance with CRD4 each country must appoint a national resolution authority which is to draft the resolution plans in close dialogue with the SIFI and with the involvement of the Danish FSA and Danmarks National- bank.
To be defined as an SIFI, the institution must exceed one of the limits for two consecutive years.
If, after such thirty (30) business day period, SIFI has not either reasonably cured such material breach or obtained relief in court, the ▇▇▇▇▇▇▇ Group or each ▇▇▇▇▇▇▇ Group Member may terminate this Agreement by delivery of written notice to SIFI.