Liquidazione Coatta Amministrativa definition

Liquidazione Coatta Amministrativa means Liquidazione Coatta Amministrativa as described in Articles 80 to 94 of the Italian Banking Act;

Liquidazione Coatta Amministrativa means Liquidazione Coatta Amministrativa as described in Articles 80 to 94 of the Consolidated Banking Law or Articles 245 ff of the Consolidated Law on Private Insurance Companies, as the case may be;

Liquidazione Coatta Amministrativa means Liquidazione Coatta Amministrativa as described in Articles 245 and 276 of the Consolidated Law on Private Insurance Companies;

Examples of Liquidazione Coatta Amministrativa in a sentence

• In the event of the winding up, dissolution, liquidation or bankruptcy (including, inter alia, Liquidazione Coatta Amministrativa, as described in Article 80 to 94 of Legislative Decree No. 385 of 1 September 1993, as amended from time to time (the “Italian Banking Act”)) of BMPS, the payment obligations of BMPS under the Subordinated Notes and the relative Receipts and Coupons will rank in right of payment after unsubordinated unsecured creditors (including depositors) of BMPS.

• Noteholders acknowledge and agree that their claims against the Issuer in respect of Notes are, in the event of the winding-up, dissolution, liquidation or bankruptcy (including, inter alia, Liquidazione Coatta Amministrativa) of the Issuer, subordinated to all other current and future unsubordinated and unprivileged claims on the Issuer (including the claims of all policyholders of the Issuer and relevant beneficiaries) and any obligations which are less subordinated than the Notes.

• The claims of the Noteholders against the Issuer in respect of Senior Dated Subordinated Notes of Assicurazioni Generali are, in the event of the winding-up, dissolution, liquidation or bankruptcy (including, inter alia, Liquidazione Coatta Amministrativa) of the Issuer subordinated to all other current and future unsubordinated and unprivileged claims on the Issuer.

• In the event of a bankruptcy, dissolution, liquidation or winding-up of Banca Intesa or in the event that Banca Intesa becomes subject to an order for Liquidazione Coatta Amministrativa (as defined in Legislative Decree of 1st September, 1993, no.

• Tier III Junior Creditors (as defined below) rank after the holders of the Tier III Subordinated Notes in a bankruptcy, liquidation or winding-up of Intesa Sanpaolo or in the event that Intesa Sanpaolo becomes subject to an order for Liquidazione Coatta Amministrativa.

• Lower Tier II Junior Creditors (as defined in Condition 5(b)(ii)) rank after the IBI Lower Tier II Subordinated Notes and the beneficiaries under the Subordinated Guarantee of the IBI Lower Tier II Subordinated Notes in a bankruptcy, liquidation or winding-up of Banca Intesa or in the event that Banca Intesa becomes subject to an order for Liquidazione Coatta Amministrativa.

• However, each Note shall become immediately due and payable at its principal amount, together with accrued interest thereon to the date of payment and any Deferred Interests, if (i) the Liquidazione Coatta Amministrativa of the Issuer is commenced pursuant to the Consolidated Law on Private Insurance Companies or the Issuer becomes subject to a liquidation order or (ii) any event occurs which under the laws of any relevant jurisdiction has an analogous effect to any of the events referred to in (i).

• Lower Tier II Junior Creditors (as defined below) rank after the holders of the Intesa Sanpaolo Lower Tier II Subordinated Notes in a bankruptcy, liquidation or winding-up of Intesa Sanpaolo or in the event that Intesa Sanpaolo becomes subject to an order for Liquidazione Coatta Amministrativa.

• The claims of the Noteholders against the Issuer in respect of More Deeply Subordinated Notes of Assicurazioni Generali are, in the event of the winding-up, dissolution, liquidation or bankruptcy (including, inter alia, Liquidazione Coatta Amministrativa) of the Issuer subordinated to all other current and future unsubordinated and unprivileged claims on the Issuer, all Senior Dated Subordinated Notes of Assicurazioni Generali and all Deeply Subordinated Notes of Assicurazioni Generali.

• In a bankruptcy, dissolution, liquidation or other winding-up of Intesa Sanpaolo, or in the event that Intesa Sanpaolo becomes subject to an order for Liquidazione Coatta Amministrativa, the payment obligations of Intesa Sanpaolo under the Subordinated Guarantee of the INSPIRE Upper Tier II Subordinated Notes will rank pari passu with Other Pari Passu Claims (as defined below), and senior to the share capital of Intesa Sanpaolo.

More Definitions of Liquidazione Coatta Amministrativa

Liquidazione Coatta Amministrativa means Liquidazione Coatta Amministrativa as described in Articles 80 to 94 of the Consolidated Banking Law.

Liquidazione Coatta Amministrativa means Liquidazione Coatta Amministrativa as described in Articles 80 to 94 of the Italian Banking Act. (b) Status of the Senior Preferred Notes The Senior Preferred Notes will constitute direct, unconditional, unsubordinated and unsecured obligations of the relevant Issuer and will rank at all times at least pari passu without any preference among themselves and equally with all other present and future unsecured and unsubordinated obligations of the Issuer, save for certain mandatory exceptions of applicable law, it being understood moreover that the obligations of the relevant Issuer under the Senior Preferred Notes will be subject to the Italian Bail-In Power. If waiver of set-off rights is specified as applicable in the applicable Final Terms, each holder of a Senior Preferred Note unconditionally and irrevocably waives any right of set-off, counterclaim, abatement or other similar remedy which it might otherwise have under the laws of any jurisdiction in respect of such Senior Preferred Note.