MREL Group definition

MREL Group means any local savings bank (caisse locale) of the Crédit Mutuel de Bretagne, Crédit Mutuel du Sud-Ouest and Crédit Mutuel Massif Central federations and of any federation affiliated to the Issuer from time to time, the Issuer and any of its subsidiaries (excluding Suravenir and Suravenir Assurances) from time to time taken as a whole.
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MREL Group means Crédit Mutuel Group which consists of all the affiliates of the central body of the Confédération Nationale du Crédit Mutuel as provided in the article L.512-56 of French Code monétaire et financier.
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MREL Group means the group which the Issuer belongs to and which has to comply with the MREL Requirement on a consolidated basis.
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Examples of MREL Group in a sentence

  • In addition, if the Issuer's financial condition, or that of any member of the MREL Group (as defined in the "Terms and Conditions of the Notes") deteriorates or is perceived to deteriorate, the existence of these powers could cause the market value of the Notes to decline more rapidly than would be the case in the absence of such powers.


More Definitions of MREL Group

MREL Group means any local savings bank (caisse locale) of the Crédit Mutuel de Bretagne and Crédit Mutuel du Sud-Ouest federations and any federation affiliated to the Issuer from time to time, the Issuer and any of its subsidiaries (excluding Suravenir and Suravenir Assurances) from time to time taken as a whole."DESCRIPTION OF CRÉDIT MUTUEL ARKÉA AND THE GROUP 1/ The article 1.1 entitled "Crédit Mutuel Arkéa Group" of the "Description of Crédit Mutuel Arkéa and the Group" section on page 133 of the Base Prospectus is deleted and replaced as follows:
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Related to MREL Group

  • MNE Group means any Group that (i) includes two or more enterprises the tax residences of which are in different jurisdictions, or includes an enterprise that is resident for tax purposes in one jurisdiction and is subject to tax with respect to the business carried out through a permanent establishment in another jurisdiction, and (ii) is not an Excluded MNE Group;

  • lone parent means a person who has no partner and who is responsible for and a member of the same household as a child or young person;

  • Management Group means at any time, the Chairman of the board of directors, the Chief Executive Officer, the President, any Managing Director, Executive Vice President, Senior Vice President or Vice President, any Treasurer and any Secretary of Holdings or other executive officer of Holdings or any Subsidiary of Holdings at such time.

  • Holdings as defined in the preamble hereto.

  • Parent Group has the meaning set forth in Section 8.03(c).

  • CBS shall have the meaning set forth in the Preamble.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Group the Company and its subsidiaries

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • ITT has the meaning given to it in the recitals to this Framework Agreement;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.