LFSA definition

LFSA means the Labuan Financial Services Authority established under the Labuan Financial Services Authority Act 1996 and includes its successor in title, which is the Company’s supervisory authority.
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LFSA is an abbreviation for “Labuan Financial Services Authority”.
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LFSA means Labuan Financial Services Authority “MD” means the Managing Director of the Bank
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Examples of LFSA in a sentence

  • The Seller shall not cause or permit the Purchaser to make any payments or distributions which would violate Section 10.16 of the LFSA.

  • The representations and warranties set forth in Section 4.1 shall survive (i) the Conveyance of the Transferred Assets to the Purchaser, (ii) the termination of the rights and obligations of the Purchaser and the Seller under this Agreement and (iii) the termination of the rights and obligations of the Purchaser under the LFSA.

  • With respect to each Loan Asset Conveyed to the Purchaser hereunder, the Seller shall deliver to or at the direction of the Purchaser all documents that the Purchaser, as borrower, is required to deliver with respect to such Loan Asset pursuant to Section 6.2(d) of the LFSA, as applicable, not later than the date on which the Purchaser is obligated to deliver such documents pursuant to such sections.

  • The Seller acknowledges that the Facility Agent, the Lenders and the other Secured Parties are entering into the transactions contemplated by this Agreement and the LFSA in reliance upon the Purchaser’s identity as a legal entity that is separate from the Seller and each other Affiliate of the Seller.

  • There is not any agreement or understanding between the Seller and the Purchaser (other than as expressly set forth in the LFSA or as consented to by the Facility Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxes, fees, assessments or other governmental charges.

  • The Seller acknowledges that, pursuant to the LFSA, the Purchaser shall assign all of its right, title and interest in, to and under this Agreement, including its rights of indemnity granted hereunder, to the Collateral Agent, for the benefit of the Secured Parties.

  • Upon a Repurchase Event, the Seller shall repurchase or substitute the applicable Loan Assets upon the request of the Purchaser in accordance with and subject to the requirements of Section 7.12 of the LFSA.

  • There will be no District contribution to an employee health related savings account (FSA, LFSA, HSA or HRA).

  • The Seller shall not take any action that would cause a violation of Section 10.5 of the LFSA by the Purchaser.

  • The Purchaser is an entity with assets and liabilities separate and distinct from those of the Seller and any Affiliates thereof, and the Seller hereby acknowledges that the Facility Agent, the Lenders and the other Secured Parties are entering into the transactions contemplated by the LFSA in reliance upon the Purchaser’s identity as a legal entity that is separate from the Seller and from each other Affiliate of the Seller.