Bank Holdco definition

Bank Holdco means a direct Holding Company of a member of the Bank Group which is not a member of the Bank Group.

Examples of Bank Holdco in a sentence

  • The issuance of the Subordinated Claim Warrants shall dilute the ultimate recovery of the Holders of Interests in Arcapita Bank who elect to transfer their Arcapita Bank Shares to New Arcapita Bank Holdco, and the issuance of the Transferring Shareholder Warrants shall dilute the ultimate recovery of Holders of Subordinated Claims against Arcapita Bank.

  • If formed, these new entities would collectively hold 100% of the equity interests in New Arcapita Holdco 1 and New Arcapita Bank Holdco.

  • A new Delaware limited liability company (“New Arcapita Bank Holdco”) will also be formed as a subsidiary of New Arcapita Topco, among other reasons, to hold the Arcapita Bank Shares to be transferred to New Arcapita Bank Holdco.

  • As noted below, the New Arcapita Shareholder Warrants will not be issued if (A) the Bankruptcy Court determines that the Plan cannot be confirmed because Interests in Arcapita Bank are Reinstated, or (B) the Holders of a majority of Arcapita Bank Shares do not agree to transfer their Arcapita Bank Shares to New Arcapita Bank Holdco in exchange for the Transferring Shareholder Warrants prior to the Effective Date.

  • Pursuant to the Plan, Holders of Arcapita Bank Shares will be entitled to transfer such Shares to New Arcapita Bank Holdco in exchange for a Pro Rata Share of the Transferring Shareholder Warrants.

  • To the extent that Arcapita Bank Shares are transferred to New Arcapita Bank Holdco by existing Holders of Arcapita Bank Shares, the Disbursing Agent will distribute the New Arcapita Shareholder Warrants to the existing Holders of Arcapita Bank Shares that have agreed to transfer their shares and to holders of Subordinated Claims against Arcapita Bank (if any), on a Pro Rata basis.Arcapita (HK) Limited will be placed into liquidation under local law.

  • As provided above, Arcapita Bank Shares will either be transferred to New Arcapita Bank Holdco by existing Holders of Arcapita Bank Shares or issued to New Arcapita Bank Holdco, on behalf of the unsecured creditors of Arcapita Bank and AIHL.

  • Southeast Asia is ranked first among the seven regions after a significant increase to 127 points in 2021, higher than the 2019 level.

  • Dr. Dyas noted that her neck, shoulder, right arm and SC [sternoclavicular) joints were “very tender”.

  • The issuance of the Subordinated Claim Warrants shall dilute the ultimate recovery of the Holders of Interests in Arcapita Bank who elect to transfer their Arcapita Bank Shares to New Arcapita Bank Holdco (the “Transferring Shareholders”), and the issuance of the Transferring Shareholder Warrants shall dilute the ultimate recovery of Holders of Subordinated Claims against Arcapita Bank.

Related to Bank Holdco

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • US Holdco means, notwithstanding anything in the Indenture to the contrary, Brookfield Infrastructure US Holdings I Corporation; and

  • Holdco has the meaning set forth in the Preamble.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Foreign Subsidiary Holdco means any Restricted Subsidiary which is organized under the laws of the United States (as defined for purposes of Section 956 of the Code) that has no material assets other than the Capital Stock and, if any, Indebtedness of (1) one or more Foreign Subsidiaries that are “controlled foreign corporations” as defined by Section 957 of the Code or (2) any other Foreign Subsidiary Holdco.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Acquisition Subsidiary has the meaning specified in Section 7.14.

  • New Holdco means the direct or indirect Subsidiary of the Ultimate Parent following the Post-Closing Reorganizations.

  • OpCo has the meaning set forth in the Preamble.

  • Intermediate Holdco as defined in the preamble to this Agreement.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • New Parent shall have the meaning assigned to such term in the definition of the term “Change in Control”.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Domestic Foreign Holding Company means any Domestic Subsidiary of the Borrower that owns no material assets (held directly or indirectly through one or more disregarded entities) other than capital stock (or capital stock and/or debt) of one or more Foreign Subsidiaries that are CFCs and/or Domestic Foreign Holding Companies.

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • SAP Parent means SAP SE, a European Company (Societas Europaea, SE) established under the laws of Germany and the European Union, registered with the commercial register of the local court of Mannheim, Germany, under HRB 719915, with registered office in Walldorf, Germany, and business address at Dietmar-Hopp-Allee 16, 69190 Walldorf, Germany.

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Direct holdings means all publicly traded securities of a company that are held directly by the state treasurer or a retirement system in an actively managed account or fund in which the retirement system owns all shares or interests.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Bank Subsidiary means the subsidiary or subsidiaries or the Bank which may from time to time be specified by the Bank to the Customer;