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 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
- 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 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;
- Access to the marginal lending facility is granted through the national central bank in the Member State in which the institution is established.
- Access to the marginal lending facility is granted through the NCB in the Member State in which the institution is established.
- a payment of up to 5 percentage points above the marginal lending rate, applied to the amount of the reserve requirement which the relevant institution failed to provide;
- the lending credit institution has the right to cancel the policy and receive the surrender value in the event of the default of the borrower;
- Loans and deposits with the lending credit institution subject to on-balance sheet netting are to be treated as cash collateral.
- Cash on deposit with, or cash assimilated instruments held by, a third party institution in a non-custodial arrangement and pledged to the lending credit institution may be recognised as eligible credit protection.
- ‘securities or commodities lending’ and ‘securities or commodities borrowing’ mean any transaction in which an institution or its counterparty transfers securities or commodities against appropriate collateral, subject to a commitment that the borrower will return equivalent securities or commodities at some future date or when requested to do so by the transferor, that transaction being securities or commodities lending for the institution transferring the securities or commodities and being securities or commodities borrowing for the institution to which they are transferred;
- In the judgment it was, inter alia, stated that the Housing Financing Fund was for the main part charged with the same role as the State Housing Agency, acting as a mortgage lending institution for Icelanders.