Safe and Sound Banking Practices Sample Clauses

The Safe and Sound Banking Practices clause establishes requirements for a financial institution to operate in a prudent and responsible manner. It typically mandates adherence to regulatory standards, internal controls, and risk management procedures to protect depositors and maintain financial stability. By enforcing these practices, the clause helps prevent reckless or unsound activities, thereby reducing the risk of insolvency and safeguarding the interests of stakeholders.
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Safe and Sound Banking Practices. Engage in, or permit any Affiliate to engage in, any unsafe or unsound banking practices.
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Safe and Sound Banking Practices. No Loan Party shall engage in any unsafe or unsound banking practices.
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Related to Safe and Sound Banking Practices

  • Hiring Practices The Board shall, in all instances, employ teachers who are properly credentialed in accordance with applicable state laws, Washington Administrative Code, and by such other requirements as specified by the Office of the State Superintendent of Public Education. Classified personnel shall not be assigned to perform work in the instructional setting which will replace a currently employed certificated employee in his assignment or employment.

  • Good Industry Practice all applicable Standards; and

  • OMB Standards Unless specified otherwise within this agreement, the Subrecipient shall procure all materials, property, or services in accordance with the requirements of 24 CFR 84.40−48.

  • PRINCIPLES OF GOOD EMPLOYMENT PRACTICE The Supplier shall, and shall procure that each Sub-Contractor shall, comply with any requirement notified to it by the Customer relating to pensions in respect of any Transferring Former Supplier Employee as set down in: the Cabinet Office Statement of Practice on Staff Transfers in the Public Sector of January 2000, revised 2007; HM Treasury's guidance “Staff Transfers from Central Government: A Fair Deal for Staff Pensions of 1999; HM Treasury's guidance: “Fair deal for staff pensions: procurement of Bulk Transfer Agreements and Related Issues” of June 2004; and/or the New Fair Deal. Any changes embodied in any statement of practice, paper or other guidance that replaces any of the documentation referred to in Paragraph 5.1 shall be agreed in accordance with the Variation Procedure.

  • Data Practices Supplier and Sourcewell acknowledge Sourcewell is subject to the Minnesota Government Data Practices Act, Minnesota Statutes Chapter 13. As it applies to all data created and maintained in performance of this Agreement, Supplier may be subject to the requirements of this chapter.