UK Bank Levy means the bank levy provided for in Section 73 and Schedule 19 of the Finance Xxx 0000 (as amended and re-enacted from time to time), and the bank surcharge provided for in Section 269DA Corporation Tax Xxx 0000.
UK Bank Levy means the UK Tax known as the bank levy, introduced by the United Kingdom Finance Xxx 0000, in such form as it may be imposed and/or modified from time to time.
UK Bank Levy means the bank levy provided for in Section 73 and Schedule 19 of the Finance Act 2011 (as amended and re- enacted from time to time), and the bank surcharge provided for in Section 269DA Corporation Tax Act 2010.
Examples of UK Bank Levy in a sentence
U.K. Bank Levy: HM Treasury introduced an annual U.K. bank levy (the "Bank Levy") via legislation in the Finance Act 2011.
In addition, its imports (and exports) must be shipped in vessels belonging to the State-owned shipping company (FLOMERES), currently subject to the privatization process, and only in exceptional circumstances can a private (preferably national) shipping company be used (section (5)(v)).
The financial ‘bail outs’ of UK banks were compensated for by the UK Bank Levy from which insurers are (correctly) exempted.
The UK Bank Levy by contrast encourages banks to hold safer capital and so reduces the risk to the Government of bailing out our banks by more direct means.
The UK Bank Levy (the “Levy”) is an annual charge on a bank’s balance sheet.
More Definitions of UK Bank Levy
UK Bank Levy means the United Kingdom Tax called the “Bank Levy”, the introduction of which was announced by the United Kingdom government on June 22, 2010, with [[5517420]] #93623000v7 effect in relation to periods of account ending on or after January 1, 2011, and any Tax that is based on or substantially similar to such Tax.
UK Bank Levy means the United Kingdom Tax known as the “bank levy” introduced by the U.K. Finance Act 2011.
UK Bank Levy means the bank levy provided for in Section 73 and Schedule 19 of the Finance Act 2011, as amended, and the bank surcharge provided for in Section 269DA of the Corporation Tax Act 2010, as amended.
UK Bank Levy means the tax to be imposed on certain applicable banks pursuant to the Finance Xxx 0000.
UK Bank Levy means the bank levy imposed pursuant to Part 6 and Schedule 19 of the UK Finance Xxx 0000.
UK Bank Levy means the bank levy imposed by the UK government as set out in the Finance (No.3) Xxxx published by Her Majesty’s Treasury on 31 March 2011, but only to the extent that such levy as enacted in the U.K. by any law or regulation is materially the same (including in form, scope and rate) as that contained in such Xxxx.
UK Bank Levy means the United Kingdom Tax called the “Bank Levy”, the introduction of which was announced by the United Kingdom government on June 22, 2010,subsidiary of an Unrestricted Subsidiary. Holdings may designate any Unrestricted Subsidiary to be a Subsidiary for purposes of this Agreement (each, a “Subsidiary Redesignation”); provided that (A) no Event of Default has occurred and is continuing or would result therefrom, (B) immediately after giving effect to such Subsidiary Redesignation, Holdings shall be in Pro Forma Compliance with the covenant set forth in Section 6.12, (C) any Indebtedness of the applicable Subsidiary and any Liens encumbering its property existing as of the time of such Subsidiary Redesignation shall be deemed newly incurred or established, as applicable, at such time and (D) Holdings shall have delivered to the Administrative Agent a certificate executed by a Financial Officer of Holdings, certifying compliance with the requirements of the preceding clauses (A) and (B), and containing the calculations and information required by the preceding clause (B); provided further that no Unrestricted Subsidiary that has been designated as a Subsidiary pursuant to a Subsidiary Redesignation may again be designated as an Unrestricted Subsidiary.