Betekenis van:
lending institution
lending institution
Zelfstandig naamwoord
- a financial institution that makes loans
Hyperoniemen
Voorbeeldzinnen
- Life insurance policies pledged to the lending credit institution.
- Life insurance policies pledged to the lending credit institution
- the life insurance policy is openly pledged or assigned to the lending credit institution;
- Life insurance policies pledged to the lending credit institution may be recognised as eligible credit protection.
- as a result of the notification, the third party institution is able to make payments solely to the lending credit institution or to other parties with the lending credit institution's consent; and
- the lending credit institution is informed of any non-payments under the policy by the policy-holder;
- For the purposes of this Subsection, ‘lending credit institution’ shall mean the credit institution which has the exposure in question, whether or not deriving from a loan.
- For life insurance policies pledged to the lending credit institution to be recognised, all the following conditions shall be met:
- Payment by the guarantor shall not be subject to the lending credit institution first having to pursue the obligor.
- Investments in credit linked notes issued by the lending credit institution may be treated as cash collateral.
- ‘cash assimilated instrument’ means a certificate of deposit or other similar instrument issued by the lending credit institution;
- asset items and other exposures secured, to the satisfaction of the competent authorities, by collateral in the form of certificates of deposit issued by the lending credit institution or by a credit institution which is the parent undertaking or a subsidiary of the lending credit institution and lodged with either of them;
- asset items and other exposures secured, to the satisfaction of the competent authorities, by collateral in the form of cash deposits placed with the lending credit institution or with a credit institution which is the parent undertaking or a subsidiary of the lending institution;
- a payment of up to two times the marginal lending rate, applied to the amount of the reserve requirement which the relevant institution failed to provide; or
- a payment of up to two times the marginal lending rate, applied to the amount of the reserve requirement which the relevant institution failed to provide;