Eligible lending institution definition

Eligible lending institution means a financial

Eligible lending institution means a financial institution that is eligible to make commercial loans, agrees to participate in the agricultural linked deposit program, and is any of the following:

Eligible lending institution means a financial institution that is empowered to make commercial loans and is eligible pursuant to chapter 12C to be a depository of state funds.

Examples of Eligible lending institution in a sentence

• By January 31, 1998, the Borrower shall obtain and thereafter maintain in full force and effect, from ING or an Eligible Lending Institution, one or more Interest Rate Contracts, protecting the Borrower against increases in the Eurodollar Rate for an aggregate notional amount equal to 50% of the aggregate principal amount of the Term Loans for a term of three (3) years.

• Within 90 days after the Merger Consummation Date, the Borrower shall obtain and thereafter maintain in full force and effect, from ING or an Eligible Lending Institution, one or more Interest Rate Contracts, protecting the Borrower against increases in the Eurodollar Rate for an aggregate notional amount equal to 50% of the aggregate principal amount of the Term Loan for a term of five (5) years.

• Within 180 days after the Closing Date, the Borrower shall obtain and thereafter maintain in full force and effect, from ING, or from an Eligible Lending Institution, one or more Interest Rate Contracts, protecting the Borrower against increases in the ING Alternate Base Rate in excess of 100 basis points above the ING Alternate Base Rate on the Closing Date for an aggregate notional amount equal to at least $20,000,000, for a term of at least three (3) years.

More Definitions of Eligible lending institution

Eligible lending institution means a financial institution that is eligible to make commercial loans, is a public depository of state funds under section 135.03 of the Revised Code, and agrees to participate in the linked deposit program.

Eligible lending institution means a financial institution that is:

Eligible lending institution means a financial institution having a branch or office in the United States and having capital and surplus and undivided profits aggregating at least $100,000,000 and rated Prime-1 or better by Moodx'x Xxxestors Service, Inc. or A-1 or better by Standard & Poor's Corporation.

Eligible lending institution means a financial institution that is eligible to make commercial loans, is a public depository of state funds under section 135.03 of the Revised Code, and agrees to participate in the petroleum underground storage tank linked deposit program provided for in sections 3737.95 to 3737.98 of the Revised Code.

Eligible lending institution means a financial institution that may make secured or unsecured personal loans, agrees to participate in the adoption linked deposit program, and is either of the following:

Eligible lending institution means a financial institution that meets all of the following:

Eligible lending institution means an eligible lending institution as defined in section 135.61, 135.68, 135.71, or 135.77 of the Revised Code, as applicable.