NOHC definition

NOHC means an authorized non-operating holding company of an ADI;
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NOHC means a “non operating holding company” within the meaning of the Australian Banking Act;
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NOHC means an authorized non-operating holding institution of an ADI;
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Examples of NOHC in a sentence

  • RACQ may discharge its obligations under clause 4.2(b) by procuring RACQ NOHC to credit a deposit account with a company within the QTMB Group issued in the name of that Overseas Holder which remains in place at the relevant date.

  • If the Pledgor refuses to provide as required by the Pledgee, the Pledgee may auction or sell the Equity at any time, and use the proceeds from the auction or sale to pay off the Secured Debt in advance or to place in deposit; any expenses incurred therefrom shall be borne by the Pledgor.

  • A Holder has no right to require ANZ to give an Approved NOHC Substitution Notice.

  • If ANZ gives an Approved NOHC Substitution Notice to Holders in accordance with clause 10.1, the Approved NOHC Substitution Terms will have effect on and from the date specified in the Approved NOHC Substitution Notice.

  • An Approved NOHC Substitution Notice, once given, is irrevocable.

  • QTMB agrees not to (and must procure that the QTMB Board does not) register any new QTMB Members or issue any new QTMB Shares after the Record Date to any entity other than RACQ NOHC.


More Definitions of NOHC

NOHC means the ultimate holding company of ANZBGL after a NOHC Event which must be a “non-operating holding company” within the meaning of the Banking Act 1959 (Cth) of Australia.
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NOHC means an authorised non-operating holding company of an Australian Bank or General Insurer or a registered non-operating holding company of a Life Company (as defined in the Life Insurance Act), as the context requires;
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NOHC means the ultimate holding company of ANZ after a NOHC event which must be a “non-operating holding company” within the meaning of the Banking Act.
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