indirect holding definition
indirect holding means any exposure to an intermediate entity that has an exposure to capital instruments issued by a financial sector entity where, in the event the capital instruments issued by the financial sector entity were permanently written off, the loss that the institution would incur as a result would not be materially different from the loss the institution would incur from a direct holding of those capital instruments issued by the financial sector entity;
indirect holding means an investment of an institution in a third party with an exposure to a capital instrument issued by a relevant entity, where that investment is made for the purposes of incurring an exposure to that capital instrument, or an exposure to an instrument by any other means where, in the event the instrument lost value, the loss arising from the exposure would not be materially different from the loss that would be incurred by the institution from a direct holding of the instrument;
indirect holding means when equity holdings in an enterprise are held or controlled, or voting rights are exercised through the equity holdings or voting rights held by another company in that company (for the purposes of Schedule No. 3 hereinafter referred to as “intermediary company”);
More Definitions of indirect holding
indirect holding means a holding acquired by a person through the mediation of a legal person or legal persons that are controlled by that person;
indirect holding means a holding in the capital of a legal person or an acquisition of the voting rights of a legal person through a third party;
indirect holding means, for the purposes of this Act, a holding that is held through an intermediary, the same being either one or more legal entities over which the holding entity has control.
indirect holding means control of shares in the capital or exercise of voting rights in a company (hereinafter referred to as "original company") through the shares or voting rights held by another company in the original company (hereinafter referred to as "intermediary company"), as taken into account in accordance with Schedule No. 3;
indirect holding has the meaning given in Clause 3.1.2.
indirect holding means an indirect holding pursuant to Article 4(1)(114) of the Regulation;
indirect holding means a holding held through intermediation, namely by means of a legal person or more legal persons which is or are under the control of the person,