Covered Company definition

Covered Company is defined as an entity, including its parents, Affiliates, or subsidiaries, finally designated by the Public Safety and Homeland Security Bureau of the FCC as posing a national security threat to the integrity of communications networks or the communications supply chain.

Covered Company means any entity to which You provide banking services of any kind that may be implicated by any commitment You made or intend to make to any Global Climate Initiative.

Covered Company. ’ means any

Examples of Covered Company in a sentence

• In addition, if a Covered Company’s LCR is below 100 percent for three consecutive business days, the Covered Company must submit to its appropriate U.S. banking regulator a plan for remediation of the shortfall.

• As a result, the Tailored Plan generally involves less focus on the IDI subsidiary of a Covered Company, which, in the event of its failure, will be subject to a standardized resolution process that is familiar to the Agencies.IDB Ltd.’s only material entity in the United States that would be subject to the U.S. Bankruptcy Code in the event of insolvency is Discount Bancorp.

• In accordance with regulatory expectations, the Resolution Plan assumes that the Covered Company and its material entities fail contemporaneously.

• The FDIC may, at its sole discretion, condition a grant of deposit insurance, issuance of a nonobjection to a change in control, or approval of a merger on an individual who is a controlling shareholder of a Covered Company joining as a party to any written agreement required by paragraph (a) of this section.

• The U.S. Resolution Regulations also provide that if a material entity of a Covered Company is subject to an insolvency regime other than the U.S. Bankruptcy Code, the Covered Company may exclude that entity from its strategic analysis unless that entity either has $50 billion or more in total consolidated assets or conducts a critical operation.

More Definitions of Covered Company

Covered Company means any bank holding company (other than a foreign banking organization that is subject to subpart Q of the Board’s Regulation YY), that has $50 billion or more in total consolidated assets, calculated pursuant to § 252.70(d), and all of its subsidiaries.

Covered Company means any company that is not subject to Federal consolidated supervision by the FRB and that controls an industrial bank (i) as a result of a change in bank control pursuant to section 7(j) of the FDI Act; (ii) as a result of a merger transaction pursuant to section 18(c) of the FDI Act; or (iii) that is granted deposit insurance by the FDIC pursuant to section 6 of the FDI Act, in each case after [INSERT EFFECTIVE DATE OF THE RULE].

Covered Company means a company that would be an investment company but for the exclusion provided by Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act.

Covered Company means any entity to which Wells Fargo provides banking services of any kind that may be impacted by any commitment Wells Fargo made or intends to make to any Global Climate Initiative.

Covered Company means any entity to which Bank of America provides banking services of any kind that may be impacted by any commitment Bank of America made or intends to make to any Global Climate Initiative.

Covered Company means any Person to which an RMR Entity provides management services and of which an officer, director, employee or Affiliate of an RMR Entity serves as a director, trustee or officer or in a similar capacity, including: the Company; Government Properties Income Trust, a Maryland real estate investment trust; Hospitality Properties Trust, a Maryland real estate investment trust; Senior Housing Properties Trust, a Maryland real estate investment trust; Five Star Quality Care, Inc., a Maryland corporation; TravelCenters of America, LLC, a Delaware limited liability company; and RMR Real Estate Income Fund, a Delaware statutory trust.

Covered Company has the meaning set forth in Section 6.1(b).