Household Bank definition

Household Bank means Household Bank, f.s.b., a federal savings bank. For the avoidance of doubt, Household Bank is an Affiliate of HAFC.
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Household Bank has the meaning specified in Section 7.9.
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Household Bank has the meaning specified in Section 6.9.
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Examples of Household Bank in a sentence

  • Household Bank N.A. (In re Overbaugh), 559 F.3d 125, 129 (2d Cir.

  • Nevada 100% Household Bank (Illinois), N.A. U.S. 100% Household Consumer Loan Corporation Nevada 100% Household Corporation Delaware 100% Household Credit Services, Inc.

  • This was the loan fee in 2002 for a RAL up to $2,000 from Household Bank.

  • Delaware 100% HFC Funding Corporation Delaware 100% HFC Revolving Corporation Delaware 100% HFS Funding Corporation Delaware 100% Household Bank (Nevada), N.A. U.S. 100% Household Card Funding Corporation Delaware 100% Household Receivables Funding Corporation Nevada 100% Household Receivables Funding Delaware 100% Corporation II Household Receivables Funding, Inc.

  • Each Party acknowledges that no representations, agreements, or promises were made to it by the other Party other than those representations, agreements or promises specifically contained in this Agreement and in the Transaction Documents and in a separate confidentiality letter signed by Household Bank dated March 21, 2002.

  • Also attached to the affidavit was a “Balance Summary” stating that the original creditor was Household Bank, that the “new balance” was $1111.83, and that the charge-off date was January 31, 2006, when the principal balance was $851.22.

  • The Company and Household Bank shall each pay 50% of the amount charged by such Independent Appraiser(s) for determining fair market value.

  • HSBC’s ability to engage in expanded financial activities as an FHC depends upon HSBC continuing to meet certain criteria set forth in the BHCA, including requirements that its US depository institution subsidiaries, HSBC Bank USA and Household Bank be ‘well-capitalised’ and ‘well-managed’, and that they have achieved at least a satisfactory record in meeting community credit needs during their most recent examination pursuant to the Community Reinvestment Act.

  • The Federal Deposit Insurance Corporation Improvement Act of 1991 provides for extensive regulation of depository institutions (such as HSBC Bank USA, Wells Fargo HSBC Trade Bank, N.A. and Household Bank), including requiring federal banking regulators to take ‘prompt corrective action’ with respect to FDIC-insured banks that do not meet minimum capital requirements.

  • As at 31 December 2003, HSBC Bank USA, Wells Fargo HSBC Trade Bank, N.A. and Household Bank were each well-capitalised under Federal Reserve Board regulations.


More Definitions of Household Bank

Household Bank means Household Bank (SB), N.A., a national banking association and an Affiliate of the Company.”
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Household Bank has the meaning set forth in the preamble.
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Related to Household Bank

  • Households means one or more natural persons or a family who pays 30 percent of their household income toward their monthly rent and is determined by Grantee to be eligible for rental assistance under this Agreement.

  • Household goods means personal effects and property used or to be used in a dwelling when a part of the equipment or supply of that dwelling. Household goods do not include property moving from a factory or store, unless the property was purchased by the householder with intent to use the property in his or her dwelling, the property is transported at the request of the householder, and the householder pays the carrier's transportation charges either directly or indirectly.

  • Household waste means any solid waste (including garbage, trash, and sanitary waste in septic tanks) derived from households (including single and multiple residences, hotels and motels, bunkhouses, ranger stations, crew quarters, campgrounds, picnic grounds, and day-use recreation areas).

  • Household means a family group living in the same domestic dwelling.

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • Household income means the combined income of the members

  • Household members means those persons who reside in the same home, who have reciprocal duties to and do provide financial support for one another. This term shall include xxxxxx children and legal wards even if they do not live in the household. The term does not include persons sharing the same general house, when the living style is primarily that of a dormitory or commune;

  • Household member means an adult living in the private residence out of which a program is operated, regardless of whether the adult is living there permanently or temporarily.

  • household customer means a customer purchasing electricity for his own household consumption, excluding commercial or professional activities;

  • Household Hazardous Waste means any waste material derived from households (including single

  • Houseboat means a powered vessel containing living accommodation, usually flat- bottomed and used in navigation.

  • Farmworker Household means a household of one or more persons wherein at least one member of the household is a Farmworker at the time of initial occupancy.

  • Training Institution means the Grantee.

  • Head of household means the parent or parents with whom the dependent child or children were residing at the time of placement in foster care.

  • Home Institution means the institution where the student is currently enrolled as a degree seeking student and may be eligible for financial aid at the same institution.

  • Receiving Institution The college or university where a transfer student plans to enroll and to apply previously earned credit toward a degree program.

  • Fat wood means pieces of wood kindling with high naturally-occurring levels of sap or resin which enhance ignition of the kindling. “Fat wood” does not include any kindling with substances added to enhance flammability, such as wax-covered or wax-impregnated wood-based products.

  • Warehouser means any person, other than a wholesale distributor, engaged in the business of

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Transit village means a community with a bus, train, light rail,

  • Residence Employee means a person employed by you to perform duties in connection with the maintenance or use of the insured premises. This includes persons who perform household or domestic services or duties of a similar nature for you. This does not include persons while performing duties in connection with your business.

  • State institution means a mental health institute, as defined in s. 51.01 (12), a center for the developmentally disabled, as defined in s. 51.01 (3), or a secure mental health facility at which persons are committed under s. 980.06.

  • Minority institution means an institution of higher education meeting the requirements of Section 365(3) of the Higher Education Act of 1965 (20 U.S.C. 1067k), including a Hispanic-serving institution of higher education, as defined in Section 502(a) of the Act (20 U.S.C. 1101a).

  • Qualifying Institution means a United States commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof having assets of at least Ten Billion Dollars ($10,000,000,000) (net of reserves) and who satisfies the Credit Requirements.

  • Family day care home means a unit registered under Title 5, Subtitle 5 of the Family Law Article.

  • Warehouse operator means a person engaged in the business of operating or controlling a warehouse for the storing, shipping, handling or processing of agricultural products, but does not include an incidental warehouse operator.