BBB plc definition

BBB plc means the British Business Bank plc;

Examples of BBB plc in a sentence

  • If a decision is escalated, the vote held at the Committee is subject to the determination of the Board of BBB plc.

  • Committee members should familiarise themselves with the appropriate care and handling of restricted information, details of which can be found in the BBB plc policies.

  • These Terms of Reference shall be kept under review at meetings of the Committee for a period of 12 months from the date of approval by the Boards of BBFSL and BBB plc, and annually thereafter.

  • Committee members, Executive Approvers and any other attendees should familiarise themselves with the appropriate care and handling of restricted information, details of which can be found in the BBB plc policies.

  • For decisions on individual Investments in excess of £75 million2 and new Programmes, approval must be sought from the Boards of BPC and BBB plc in addition to the Investment Committee and, in the case of new Programmes, the BBB Product Development Committee.

  • Your Prescription Drug Card Co-Payments are shown in the Schedule of Benefits.

  • The Committee shall make decisions or recommendations on individual Investment proposals within the scope of the programmes, BPC’s regulatory status and the risk appetite agreed by the BPC Board and acknowledged by the Board of BBB plc.

  • Any Executive Member or the Independent NED of the Committee who dissents can request to the Chair to escalate the issue to the Board of BBB plc.

  • If such consensus cannot be achieved, the Chair can escalate to the BPC Board who may then, at their discretion, escalate to the BBB plc Board.

  • Following any dissent from the Executive Approvers, the Chair of the Committee shall escalate the decision to the Board of BPC who may at their discretion seek the advice of the Board of BBB plc.

Related to BBB plc

  • S&P Global Ratings means S&P Global Ratings, a division of S&P Global.

  • Barclays Capital is a reference to Barclays Capital, the investment banking division of Barclays Bank PLC;

  • ABN means Australian Business Number.

  • PLC means Programmable Logic Controller;

  • Mizuho means Mizuho Bank, Ltd.

  • ABN AMRO means ABN AMRO Bank N.V.

  • Authorised Signatories means any two authorised officers of the Issuer signing jointly.

  • Authorised Signatory means, in relation to any Obligor, any person who is duly authorised and in respect of whom the Administrative Agent has received a certificate signed by a director or another Authorised Signatory of such Obligor setting out the name and signature of such person and confirming such person’s authority to act.

  • Credit Suisse means Credit Suisse Securities (USA) LLC.

  • Authorized Signatory means the designated person of the agency authorized to represent the agency in all matters pertaining to its Proposal. The designated person should hold the Power of Attorney duly authorizing him/ her to perform all tasks including but not limited to sign and submit the Proposal to participate in all stages of the RFP Process, to conduct correspondence for and on behalf of the agency, and to execute any document required to give effect to the outcome of the RFP Process;

  • DBRS Morningstar means DBRS, Inc., and its successors in interest.

  • Moody s” means Moody’s Investors Service, Inc.

  • Aa3 by Moody's or are rated "Aa3" by Moody's and such rating is on watch for possible downgrade (but only for so long as it is on watch for possible downgrade), or (C) either (i) the unsecured, short-term debt obligations of Party A (or its Credit Support Provider) are rated below "A-1" by S&P or (ii) if Party A (or its Credit Support Provider) does not have a short-term rating from S&P, the unsecured, long-term senior debt obligations of Party A (or its Credit Support Provider) are rated below "A+" by S&P (such event, a "Collateralization Event"), then, Party A, at its own cost and subject to the Rating Agency Condition, shall within 30 days either (i) cause another entity to replace Party A as party to this Agreement that satisfies the Swap Counterparty Ratings Requirement and that is approved by the Trustee (which approval shall not be unreasonably withheld) on terms substantially similar to this Agreement; (ii) obtain a guaranty of, or a contingent agreement of another person that satisfies the Swap Counterparty Ratings Requirement, to honor Party A's obligations under this Agreement, provided that such other person is approved by the Trustee such approval not to be unreasonably withheld; (iii) post collateral in accordance with a Credit Support Annex which satisfies the Rating Agency Condition; or (iv) establish any other arrangement satisfactory to the applicable Swap Rating Agency which will be sufficient to restore the immediately prior ratings of the Swap Certificates (determined without regard to any financial guaranty insurance policy, if applicable). All collateral posted by Party A shall be returned to Party A immediately upon Party A securing a substitute counterparty that satisfies the Swap Counterparty Ratings Requirement.

  • Natixis means Natixis Real Estate Capital LLC and its successors in interest.

  • Investment Bank means each of those reputable internationally recognised investment banks, selected from time to time as First Choice Investment Banks or as a Third Investment Bank in terms of Section 1.4 or Section 1.5 of the Subscription Agreement (as the case may be), whose Mandate Letters remain effective.

  • Macquarie means Macquarie Group Limited.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • BBBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • BBB by Standard & Poor's or "Baa2" by Moody's, as promptly as practicabxx xxx in any case within 90 days of the event, the Master Servicer shall, at its expense, either

  • JPMorgan Chase Bank JPMorgan Chase Bank, N.A.

  • Xxxxx’x Rating means, at any time, the rating issued by Xxxxx’x and then in effect with respect to the Borrower’s senior unsecured long-term debt securities without third-party credit enhancement.

  • Standard & Poor's Glossary The Standard & Poor's LEVELS(R) Glossary, as may be in effect from time to time.

  • Banco Santander, S.A. means Banco Santander, S.A., or its successors in interest.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”