Future Regulations definition

Future Regulations means the solvency margin, regulatory capital or capital adequacy regulations (if any) which may be introduced in Switzerland (or if ZIG becomes domiciled for regulatory purposes in a jurisdiction other than Switzerland, such other jurisdiction) and which are applicable to the relevant Issuer and/or ZIG, which would set out the requirements to be satisfied by financial instruments in order that they be eligible to be included in Tier Two (or equivalent) own funds regulatory capital.

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Future Regulations means any insurance regulatory and capital adequacy laws (for group solvency or single solvency and/or financial conglomerate purposes, as applicable) and the interpretation thereof by the Relevant Regulator or any other competent authority regarding the solvency margin, regulatory capital requirements or capital adequacy regulations (if any), which (a) may be introduced (i) in Switzerland, or (ii) if ZIC and/or ZIG becomes domiciled for regulatory purposes in a jurisdiction other than Switzerland, such other jurisdiction, and (b) which are directly applicable to the Issuer and/or Zurich Insurance Group, which would set out the requirements to be satisfied by financial instruments in order that they are eligible to be included in tier two capital (Ergänzungskapital) (or equivalent) own funds regulatory capital (such capital, “Future Tier Two Capital”);

Future Regulations means the solvency margin, regulatory capital or capital regulations (if any) to be introduced in Italy in implementation of the Solvency II Directive and which are applicable to Assicurazioni Generali, which set out, inter alia, the Tier 1 Capital Requirements.

Examples of Future Regulations in a sentence

• Notwithstanding the above, Deferred Interest which becomes due and payable subject to sections (a) and (d) may be subject to FINMA approval if such approval is required as per the SPICO or any Future Regulations.

• If, in the operation of the Plant, the Company causes Hai Hua to incur any claims, losses and expenses under any Existing Regulations or Future Regulations, the Company shall defend, indemnify and hold harmless Hai Hua against the same.

• If, in the operation of the Hai Hua Plant, Hai Hua causes the Company to incur any claims, losses and expenses under any Existing Regulations or Future Regulations, Hai Hua shall defend, indemnify and hold harmless the Company against the same.

• Tenant shall be allowed to offset its Annual Rent on a dollar- for-dollar basis for any costs or lost revenues resulting from Future Regulations or Future Taxes which are not City wide but are principally and primarily targeted to or at the Property (except that in no event shall any offset be permitted with respect to the Annual Rent which is to be paid to the State to cover the Debt Service due under the Note).

• Future Regulations do not include any such changes which are necessary to protect the public health and safety, or if such changes are required to comply with changes in Applicable Laws adopted after the Commencement Date.

More Definitions of Future Regulations

Future Regulations means the solvency margin, regulatory capital or capital regulations (if any) to be introduced in Italy in implementation of the Solvency II Directive and which are applicable to ISP Vita;

Future Regulations means any laws, regulations, provisions, rules of the PRC or any applicable state, provincial or municipal laws, regulations, provisions, rules or any conditions attached to any necessary Consent, arising as a result of a Change in Existing Regulation.

Future Regulations means the solvency margin, regulatory capital or capital regulations (if any) to be introduced in Italy in implementation of

Future Regulations means the solvency margin, regulatory capital or capital adequacy regulations (if any) which may be introduced in Switzerland and which are applicable to the Issuer and/or the Guarantor, which would set out the requirements to be satisfied by financial instruments in order that they be eligible to be included in Tier 2 Capital.

Future Regulations means the rules and regulations of the Relevant Supervisory Authority, or any legislation, rules or regulations (whether having the force of law or otherwise), implementing the Solvency II Directive and which are applicable to the Issuer.

Future Regulations means solvency margins, regulatory capital or capital adequacy regulations, as the same may be introduced in Switzerland from time to time, that are applicable to the Issuer and which set out the requirements for financial instruments to satisfy in order to qualify for eligible inclusion in the definition of Tier 1 Capital or Tier 2 Capital.

Future Regulations means the solvency margin, regulatory capital or capital regulations (if any) which may be intro- duced in Switzerland (or if the Issuer becomes domiciled for regulatory purposes in a jurisdiction other than Switzerland, such other jurisdiction) and which are applicable to the Issuer and/or to the Guarantor, which would set out the require- ments to be fulfilled by financial instruments in order to be eligible to be included in Tier 2 Capital (or equivalent).