Eligible Liability definition
Examples of Eligible Liability in a sentence
The foregoing shall not prevent a Participating Institution informing potential investors in a planned issue of Eligible Liabilities of its intention to apply for an Eligible Liability Guarantee Certificate or the existence of an Eligible Liability Guarantee Certificate or, in the case of a Guaranteed Deposit, confirming to the depositor that the relevant deposit is a Guaranteed Deposit.
Participating Institutions must not issue an Eligible Liability in respect of which an Eligible Liability Guarantee Certificate has been issued which differs in any respect from the particulars of the Eligible Liability specified in the relevant Eligible Liability Guarantee Certificate or in any particulars provided pursuant to Rule 4.4(a) or Rule 4.5(ii).
In the absence of the Division Supervisor or Field Supervisor, or if the issue is not resolved, the employee may discuss the matter with the Operations Manager.
Rule 4.7), issue an Eligible Liability Guarantee Certificate in respect of each Eligible Liability which is the subject of an Application made under and in accordance with Rule 4.7.
The Annual Cap has been determined with reference to the Group’s relevant historical transaction amounts, cash balances and cash flow positions, business development plans, the financial management, etc.