WJV definition

WJV means the release and subsequent rollout of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇ V assessment product. “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 powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that Bail-In Legislation that are related to or ancillary to any of those powers.
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Examples of WJV in a sentence

  • If either NDB or GCI so requests, the WJV Coordinating Company will consider the Rest of World countries in which it expects to organize the provision of On-Line Discount Brokerage.

  • Capital Contributions: Initial Capital Contributions: DB and NDB will commit an initial amount of cash to be agreed between the Parties, pro rata in accordance with their respective ownership interests in the WJV, to be used as initial working capital by the WJV.

  • Except as provided in the preceding paragraph, a Party shall not be obligated to provide additional funding to the WJV Coordinating Company.

  • Initially, each of NDB and GCI will hold 50% of the equity in the WJV Coordinating Company.

  • The Parties will have preemptive rights in respect of all issuances by the WJV Coordinating Company of stock or other capital securities after the initial issuance, in proportion to their then existing ownership interests.

  • Depending on tax and other considerations, NDB and GCI may elect to make such equity investments either through the WJV Coordinating Company or directly in the WJV Operating Company(ies) concerned.

  • Neither NDB, DB, nor their respective affiliates shall have any obligation to provide any credit or other financing to the WJV Coordinating Company or any WJV Operating Company, and any such extension of credit or other financing shall be in each party's sole discretion and at arm's length.

  • If either NDB or GCI wishes to organize the provision of On-Line Discount Brokerage in a particular country that is not already being served by a WJV Operating Company, the Party concerned shall so notify the WJV Coordinating Company indicating the country and the proposed terms on which such On-Line Discount Brokerage would be organized.

  • If the WJV Coordinating Company and such On-Line Discount Brokerage are unable to agree on arm's length and commercially reasonable royalty and other terms for a license of WJV Intellectual Property, such royalty and other terms will be finally determined by "baseball arbitration" (as described below under "Fair Value").

  • Additional Capital Contributions: In addition, the Parties shall make additional capital and other contributions to the WJV in the aggregate amounts and at such stages as provided in the Initial Business Plan, and to be made by the Parties pro rata in accordance with their respective ownership interests in the WJV.