BHC Act definition

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

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BHC Act has the meaning set forth in Section 3.1(b)(ii).

BHC Act means the U.S. Bank Holding Company Act of 1956 and any regulations, including Regulation Y of the Board of Governors of the Federal Reserve System, promulgated thereunder and interpretations thereof.

Examples of BHC Act in a sentence

In the event that any Underwriter that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.
In the event that any Underwriter that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime.
None of the Target, its Subsidiaries, or any of their BHC Act Affiliates maintains and operates an office or BHC Act Affiliate in the United States, except any office or BHC Act Affiliate that does not engage in business activities by means of employing or contracting with personnel, maintaining a premises or maintaining and using bank accounts.
In the event that the Agents are a Covered Entity and the Agents or a BHC Act Affiliate of the Agents become subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Agents are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

More Definitions of BHC Act

BHC Act means the Bank Holding Company Act of 1956 (as amended) and its implementing regulations.

BHC Act. The United States Bank Holding Company Act of 1956, as amended, as the same may be further amended from time to time.

BHC Act shall have the meaning set forth in Section 4.2(a).

BHC Act means Bank Holding Company Act of 1956, as amended and as interpreted and implemented by the Board of Governors of the Federal Reserve System, whether pursuant to regulation, interpretation or otherwise.

BHC Act the federal Bank Holding Company Act of 1956.

BHC Act has the meaning set forth in Section 5.03(g)(i).

BHC Act has the meaning given to it in the Background.