CALMA definition

CALMA means a Capital and Liquidity Maintenance Agreement or similar agreement between the Borrower and certain regulators of the Chartered Bank Subsidiary.
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CALMA means the Capital Assurance and Liquidity Maintenance Agreement entered into by and among GECRB, GECC, and each Immediate Parent Company (as “Immediate Parent Company” is defined in the Operating Agreement entered into on or about January 11, 2013, by and between GECRB and the Office of the Comptroller of the Currency).
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Examples of CALMA in a sentence

  • The Bank shall not modify, amend or terminate, or agree or consent to modify, amend or terminate the CALMA without the prior written determination of supervisory non-objection of the OCC.

  • Furthermore, the Bank shall not assign, or agree or consent to assign the CALMA without the prior written determination of supervisory non-objection of the OCC.

  • In the event Metris fails, after the notice required by this paragraph has been given, to comply with the liquidity provisions of the Capital Assurances and Liquidity Maintenance Agreement ("CALMA") as required, the Bank shall, at the direction and sole discretion of the OCC, cease (i) granting additional extensions of credit or approval of any authorizations on credit cards issued by the Bank; and (ii) issuing additional credit cards.

  • Any Bank demand or request to Holding Company or Immediate Parent Company for compliance with the CALMA shall be in writing, and the Bank shall provide the OCC with a copy of such written demand or request within one (1) day after delivery to Holding Company or Immediate Parent Company.

  • The Bank shall notify the OCC in writing within five (5) business days after discovery of any material change to the financial condition of the Holding Company, the Immediate Parent Company, or any other Bank affiliate that could adversely affect the ability of the Holding Company or the Immediate Parent Company to comply with its obligations under the CALMA or that could adversely affect the Bank’s ability to comply with its obligations under this Agreement.

  • ASSET DIV DEPT ASSET DESCRIPTION NUMBER ----------------------------------------------------------------------------------------------- 60 792031B OR 9460 STEAM HUMIDIFIER ORF 60 900111A OR 7150 APPLE LASERWRITER 60 908790F OR ▇▇▇▇ ▇▇▇▇▇▇▇▇ 60 913351B OR 7120 SOFTWARE, DBCS, CALMA 60 913489A OR 7140 CHAMBER.

  • The representative of the SME CALMA - TEC will chair the Steering Committee.

  • Any Bank demand or request to the counter-party for compliance with a CALMA shall be in writing, and the Bank shall provide the OCC with a copy of such written demand or request within one (1) business day after delivery to the counter-party.

  • This CALMA constitutes the entire agreement between the parties with respect to the subject matter at issue, and supersedes all prior written or oral communications, representations, understanding and agreements relating to the subject matter of this CALMA.

  • BE IT RESOLVED, that (i) the OCC Agreement, the CALMA, the Installment Notes Agreement and the MHC Guaranty (together, the “Closing Agreements”), a summary of which has been provided to the Managers; (ii) the transactions contemplated by the Closing Agreements, and the obligatiions undertaken by the Company pursuant to the Closing Agreements; and (iii) all other transactions ancillary to the aforesaid Closing Agreements be, and the same hereby are, authorized, ratified and approved; and ▇▇▇▇▇▇▇▇ ▇.