Stay Rules definition

Stay Rules means the Financial Institutions (Resolution) (Contractual Recognition of Suspension of Termination Rights–Banking Sector) Rules (Cap. 628C) of Hong Kong.
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Stay Rules means the regulations codified at 12 C.F.R. 252.2, 252.81–8, 12 C.F.R. 382.1-7 and 12 C.F.R. 47.1-8, which, subject to limited exceptions, require an express recognition of the stay-and-transfer powers of the FDIC under the Federal Deposit Insurance Act and the Orderly Liquidation Authority under Title II of the ▇▇▇▇ ▇▇▇▇▇ Wall Street Reform and Consumer Protection Act and the override of default rights related directly or indirectly to the entry of an affiliate into certain insolvency proceedings and any restrictions on the transfer of any covered affiliate credit enhancements.
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Examples of Stay Rules in a sentence

  • Terms used in this paragraph without definition shall have the meanings assigned to them under the QFC Stay Rules.

  • Terms used in this Paragraph 7(z) without definition shall have the meanings assigned to them under the QFC Stay Rules.

  • Terms used in this Paragraph 7(y) without definition shall have the meanings assigned to them under the QFC Stay Rules.

  • Terms used in this Paragraph 7(z)without definition shall have the meanings assigned to them under the QFC Stay Rules.

  • To the extent that the QFC Stay Rules (as defined below) are applicable hereto, then the parties agree that the terms of the 2018 ISDA U.S. Resolution Stay Protocol (the “Protocol”) are incorporated into and form a part of this Master Confirmation, and for such purposes this Master Confirmation shall be deemed a Protocol Covered Agreement and each party shall be deemed to have the same status as “Regulated Entity” and/or “Adhering Party” as applicable to it under the Protocol.

  • Terms used in this Paragraph 7(x) without definition shall have the meanings assigned to them under the QFC Stay Rules.

  • Terms used in this section without definition shall have the meanings assigned to them under the QFC Stay Rules.

  • For the purposes of this Section 9.20, the following definitions apply: “Applicable Compliance Date” means: (a) July 1, 2019, if any Borrower is a “financial counterparty” other than a “small financial institution” (as such terms are defined under, and interpreted in accordance with, the QFC Stay Rules); or (b) otherwise, January 1, 2020.

  • The Exit Facility Documentation shall include usual and customary provisions in syndicated loan transactions including provisions addressing European Union Bail-In matters, QFC Stay Rules, the discontinuation of the LIBOR and incorporation of alternative rates, lender representations regarding source of funds, Beneficial Ownership/FinCEN compliance, corporate divisions, and credit bidding.

  • Terms used in this Paragraph [7(z)] without definition shall have the meanings assigned to them under the QFC Stay Rules.