Examples of Bank Subsidiary in a sentence
The Bank shall not be obliged to accept or to act upon any Request if to do so would require access to, action by, or information from the Branch, or any Bank Subsidiary located in any jurisdiction where it is not a Banking Day at the relevant time when such access, action or information is required or would cause a breach of any existing mandate facility limit or agreement between the Bank, the Branch and/or Bank Subsidiary (as applicable) and the Customer.
Lord our God, you have sent your Son Jesus Christ to be for us the way, the truth, and the life.
Bank Subsidiary Reporting DifferencesGenerally, the FR Y-9C reports should reflect the same accounting practices as those used in its subsidiary depository institutions’ Reports of Condition and Income (Call Reports).
If, after it has received the FSC establishment approval, a Financial Holding Company ceases having a Controlling Interest, as defined in Article 4, Paragraph 1, of this Act, in a Bank Subsidiary, Insurance Subsidiary, or Securities Subsidiary, the FSC shall request such Financial Holding Company to take corrective measures within a prescribed period of time.
If any of a Financial Holding Company's Bank Subsidiary, Insurance Subsidiary or Securities Subsidiary is ordered to increase its capital, such Financial Holding Company shall raise funds for such Subsidiary in proportion to the Financial Holding Company's shareholding in such Subsidiary.