Europe means the European Union, the European Economic Area and/or their member states, Switzerland and the United Kingdom.
Asia means Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand.
Broadband or “Broadband Service” means any service defined as Broadband, or having advanced telecommunications capability, in the most recent Federal Communications Commission inquiry pursuant to Section 706 of the Telecommunications Act of 1996 (P.L. 104-104).2
Crown means the government of the United Kingdom (including the Northern Ireland Assembly and Executive Committee, the Scottish Executive and the National Assembly for Wales), including, but not limited to, government ministers and government departments and particular bodies, persons, commissions or agencies from time to time carrying out functions on its behalf;
Australian Subsidiary means any Subsidiary that is organized under the laws of Australia or any territory thereof.
DBSA means the Development Bank of Southern Africa Limited.
North America means the United States of America and Canada.
UAE means the United Arab Emirates.
OpCo has the meaning set forth in the Preamble.
MREL means the Minimum Requirement for own funds and Eligible Liabilities as defined in Directive 2014/59/EU of the European Parliament and of the Council of 15 May 2014 establishing a framework for the recovery and resolution of credit institutions and investment firms (as amended from time to time).
BRRD II means Directive (EU) 2019/879 of the European Parliament and of the Council of 20 May 2019 amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC.
Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.
Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.
Cayman Companies Act means the Companies Act (As Revised) of the Cayman Islands.
Bermuda means the Islands of Bermuda;