Delinking definition

Delinking means the transaction whereby the Assignor, amongst others, transfers all of its rights relating to the Facility Agreement with respect to it, transfers the Transferred Securities, and terminates any other agreements relating to the Facility Agreement with respect to it.
Delinking means the transaction whereby each of the US Companies (other than ING Bank, fsb) transfers all of its rights relating to the Facility Agreement with respect to it, as well as its State Securities to ING Bank N.V., and terminates any other agreements relating to the Facility Agreement with respect to it.
Delinking in this context means that the assets have been transferred to the SPV in a manner that cannot be challenged by e.g. creditors or shareholders of the seller.

Related to Delinking

  • Distinguishable from background means that the detectable concentration of a radionuclide is statistically different from the background concentration of that radionuclide in the vicinity of the site or, in the case of structures, in similar materials using adequate measurement technology, survey, and statistical techniques.

  • Distribution System Code means the code approved by the Board which, among other things, establishes the obligations of the distributor with respect to the services and terms of service to be offered to customers and retailers and provides minimum, technical operating standards of distribution systems;

  • small and medium-sized enterprise or 'SME' means a micro, small or medium-sized enterprise within the meaning of the Annex to Commission Recommendation 2003/361/EC43;

  • small and medium-sized enterprises or ‘SMEs’ means small and medium-sized enterprises as defined in Article 2 of the Annex to Commission Recommendation 2003/361/EC;

  • Periodically regenerating system means an exhaust emissions control device (e.g. catalytic converter, particulate trap) that requires a periodical regeneration