UK Bank definition

UK Bank means each Bank or its UK branch or Affiliate with a Sterling Commitment from time to time hereunder.

UK Bank means a UK institution which has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits, but excludes—

UK Bank means a Lender (a) which is a bank (as defined for the purpose of Section 879 of the Income Tax Act 2007) making an advance under a Loan Document, or (b) in respect of an advance made under a Loan Document by a person that was a bank (as defined for the purpose of Section 879 of the Income Tax Act 2007) at the time that the advance was made, and in each case which is within the charge to United Kingdom corporation tax as respects any payments of interest made in respect of that advance.

Examples of UK Bank in a sentence

• Setting Up A UK Bank AccountIf you would like to set up a UK Bank Account when you arrive, the Residents’ Team will be able to provide you with the details of the local banking facilities, however, we suggest you check them out first to make sure that you choose the bank that suits you best.

• Bank of Scotland, Barclays Bank UK, HSBC UK Bank, Lloyds Bank, National Westminster Bank, Royal Bank of Scotland and Ulster Bank are the ringfenced banks that now only conduct lower risk retail banking activities.

• The number of U.K. trading days is based on the U.K. Bank holiday schedule.

• In the UK, Bank of Ireland is authorised by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority.

• The Council’s in-house investments are made with reference to the outlook for the UK Bank Rate and money market rates.

More Definitions of UK Bank

UK Bank means a bank for the purposes of section 349 of the Income and Corporation Taxes Act 1988 which is beneficially entitled to and within the charge to United Kingdom corporation tax as respects payment of interest payable to it under this Agreement.

UK Bank means JPMorgan, WFB, Barclays Bank, Citibank and RBC and certain other additional Banks, each acting through their respective UK branch or Affiliate (if not a UK resident financial institution) or their respective U.S. branch or Affiliate (if such Bank does not have a UK branch or Affiliate), with a Sterling Commitment from time to time hereunder.

UK Bank is defined in Section 6.14(a).

UK Bank means a Bank which is:

UK Bank means HSBC Bank Plc.

UK Bank has the meaning specified in Section 4.06(e)(ii)(B) hereof.

UK Bank means The Governor and Company of the Bank of Scotland.