UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.
UK Resolution Authority the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.
Examples of UK Resolution Authority in a sentence
In the event that the Company’s Own Funds Instruments have been written down, or if the Company or certain of its direct or indirect parent entities are subject to Resolution Proceedings in the UK or elsewhere, then all or a portion of the subordinated loans and/or interest on them shall be reduced or cancelled as instructed by the UK Resolution Authority (Bank of England).
More Definitions of UK Resolution Authority
UK Resolution Authority has the meaning specified in Section 8.15.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Unfunded Commitment” means, with respect to each Lender, the Commitment of such Lender less its Revolving Credit Exposure; provided, that, as to any Lender, clause (a) of the definition of “Swingline Exposure” shall only be applicable in calculating a Lender’s Revolving Credit Exposure to the extent such Lender shall have funded its respective participations in the outstanding Swingline Loans. “Unrestricted Subsidiary” means (a) each Subsidiary designated on Schedule 3.01 as an Unrestricted Subsidiary and (b) each special purpose Subsidiary created after the Effective Date (i) to incur Indebtedness for borrowed money that is non-recourse to the Borrower or any Subsidiaries (other than such Subsidiary) or to such Subsidiary’s Property other than Property financed by such Indebtedness, in each case pursuant to customary non-recourse provisions (including normal and customary exceptions to the non-recourse nature thereof), or to enter into a Leveraged Lease as the lessor, and (ii) for the sole purpose and business of owning and holding or leasing, as the case may be, specific Property financed by such Indebtedness or Leveraged Lease, as the case may be, and does not, and by the terms of its organizational documents, or other agreement to which it or its Property are subject, cannot, (A) own or hold any Property other than the specific Property financed by such Indebtedness or Leveraged Lease, as the case may be, or similar Property, (B) participate in any other business or (C) incur any Indebtedness other than the Indebtedness to finance specific Property, liquidity facilities in connection with securitization activities, Indebtedness arising as a result of letters of credit issued for its account and Indebtedness arising in connection with Swap Agreements. “Unrestricted Subsidiary Indebtedness Interest Coverage Ratio” means, as of the last day of any fiscal quarter, the ratio of (a) Consolidated EBITDA of the Unrestricted Subsidiaries (calculated using the definition of Consolidated EBITDA applied to the Unrestricted Subsidiaries on a consolidated basis mutatis mutandis) to (b) the sum of cash interest payments made with respect to the Indebtedness of the Unrestricted Subsidiaries on...
UK Resolution Authority has the meaning set forth in Section 10.27 hereof.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “United States” means the United States of America.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “United States” and “U.S.” mean the United States of America.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Unfunded Liabilities” means, with respect to any Plan at any time, the amount (if any) by which (i) the value of all benefit liabilities under such Plan, determined on a plan termination basis using the assumptions prescribed by the PBGC for purposes of Section 4044 of ERISA, exceeds (ii) the fair market value of all Plan assets allocable to such liabilities under Title IV of ERISA (excluding any accrued but unpaid contributions), all determined as of the then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the ERISA Group to the PBGC or any other Person under Title IV of ERISA. “United States” means the United States of America, including the States and the District of Columbia, but excluding its territories and possessions. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “Voting Stock” means stock (or other interests) of a Corporation having ordinary voting power for the election of directors, managers or trustees thereof, whether at all times or only so long as no senior class of stock has such voting power by reason of any contingency. “Xxxxx Fargo Bank” means Xxxxx Fargo Bank, National Association, and its successors. “Xxxxx Fargo Securities” means Xxxxx Fargo Securities, LLC, and its successors and assigns. “Wholly Owned Subsidiary” means, with respect to any Person at any date, any Subsidiary of such Person all of the Voting Stock of which (except directors’ qualifying shares) is at the time directly or indirectly owned by such Person. “Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail- In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, any ...
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any U.K. Financial Institution. “U.K. Security Documents” means the U.K. Debenture and the U.K.