Supervisory Permission definition

Supervisory Permission means, in relation to any action, such supervisory permission (or, as appropriate, waiver) from the Regulator and/or the Relevant Resolution Authority as is required therefor under Applicable Banking Regulations.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Supervisory Permission means, in relation to any action, such supervisory permission (or, as appropriate, waiver) from the Regulator as is required therefor under Applicable Banking Regulations.

Supervisory Permission means, in relation to any action, such supervisory permission (or, as appropriate, waiver) as is required therefor under prevailing Regulatory Capital Requirements (if any);

Examples of Supervisory Permission in a sentence

• Redemption on the basis of a TLAC/MREL Disqualification Event is subject to the Company obtaining prior Supervisory Permission if and as required under Applicable Banking Regulations and may only take place in accordance with Applicable Banking Regulations in force at the relevant time.

• Redemption on the basis of a TLAC/MREL Disqualification Event is subject to the Company obtaining prior Supervisory Permission therefor, if required, and may only take place in accordance with TLAC/MREL Regulations in force at the relevant time.

• Redemption at the option of the Company pursuant to this Section 11.10 may only take place in accordance with Applicable TLAC/MREL Regulations subject to the Company obtaining prior Supervisory Permission thereof as required under Applicable TLAC/MREL Regulations, if required.

• Unless otherwise provided as contemplated by Section 3.01 with respect to any series of Second Ranking Senior Debt Securities, the Company and any of its subsidiaries or any third party designated by any of them, may, in accordance with Applicable TLAC/MREL Regulations and subject to the Company obtaining prior Supervisory Permission thereof, if required, at any time repurchase Second Ranking Senior Debt Securities of any series in the open market or otherwise and at any price.

• Redemption for a TLAC/MREL Disqualification Event is subject to the Company obtaining Supervisory Permission, if and as required under Applicable Banking Regulations and may only take place in accordance with Applicable Banking Regulations in force at the relevant time.

More Definitions of Supervisory Permission

Supervisory Permission means, in relation to any action, such notice, permission, consent, approval, non- objection and/or waiver as is required therefor under prevailing Regulatory Capital Requirements (if any);

Supervisory Permission means, in relation to any action, such supervisory permission (or, as appropriate, waiver) as is required therefor under prevailing Applicable Banking Regulations (if any);

Supervisory Permission means, in relation to any action, such supervisory permission (or, as appropriate, waiver) from the Competent Authority and/or the Relevant Resolution Authority as is required therefor under applicable MREL Regulations (if any).

Supervisory Permission means, in relation to any actions, such supervisory permission required therefor within prescribed periods from, the Competent Authority, or such waiver of the then prevailing Regulatory Capital Requirements from the Competent Authority, as is required under the then prevailing Regulatory Capital Requirements.

Supervisory Permission means, in relation to any action, such supervisory permission or non-objection (or, as appropriate, waiver) by the Relevant Regulator as is required therefor under prevailing Regulatory Capital Requirements (if any);

Supervisory Permission means, in relation to any action, such supervisory permission (or, as appropriate, waiver) from the Regulator and/or the Relevant Resolution Authority as is required therefor under Applicable Banking Regulations;

Supervisory Permission means, in relation to any action in respect of any Subordinated Notes or Senior Non-Preferred Notes, any required notice, supervisory permission (and/or, as appropriate, consent, approval or waiver) of the Supervisory Authority for such action under the prevailing Applicable Rules and/or Loss Absorption Regulations, as the case may be; and