Consolidated Banking Law definition

Consolidated Banking Law means Italian Legislative Decree No. 385 of 1 September 1993, as amended from time to time;
Sample 1Sample 2Sample 3
Consolidated Banking Law means the Testo Unico Bancario or Legislative Decree No. 385 of 1 September 1993, as amended or supplemented from time to time, including any successor legislation;
Sample 1Sample 2Sample 3
Consolidated Banking Law means Legislative Decree No. 385 of 1 September 1993, as amended or supplemented from time to time.
Sample 1

Examples of Consolidated Banking Law in a sentence

  • Indeed, the related provisions are limited to governing decision-making processes relating to the transactions carried out by the subsidiaries, adopted by companies independently of the implementation of the Regulation, either by autonomous choice or by legal imposition (an example of the latter being those transactions for which the Group holding company is required to express its consent in application of Article 136, paragraph 2 of the Consolidated Banking Law).

  • Kobo’s open-source code is deployed on DAI servers, allowing safe project data storage within a company managed cloud environment.

  • In any event, the Article of Association amendments are subject to the prior assent of the Bank of Italy in accordance with Article 56 of the Consolidated Banking Law.

  • Pursuant to and for the purposes of Article 119 of the Consolidated Banking Law, the Bank shall provide the Borrower, upon expiry of the agreement and in any case at least once a year, with a detailed communication containing full and clear information on the progress of the relationship and an updated overview of the economic conditions applied.

  • The first is to apportion173 part of the agreed loan for the construction (with the application of the rules provided by the Consolidated Banking Law, on measures that protect the new mortgagor - article 38 et seq.

  • That prohibition can only be overcome subject to the implementation of a special decision-making procedure, as described in more detail in paragraph 3.7 (Transactions with Relevant Entities in accordance with Article 136 of the Italian Consolidated Banking Law) below.

  • Individuals are asked to put themselves in the situation as best they can and then generate as many ideas as possible that could help reduce this anger (Weber et al., 2014).

  • Without prejudice to the measures in Legislative Decree 385 of 1 September 1993, containing the Consolidated Banking Law (Testo Unico Bancario) and Legislative Decree 58 of 24 February 1998, providing the Consolidated Law on Financial Intermediation (Testo Unico Finanziario), the Agenzia del Demanio shall see to custody, administration, and management of frozen economic resources.

  • The execution of the resolution on the share capital increases is subject to the assessment by the Bank of Italy, pursuant to article 56 of the Consolidated Banking Law, that the changes to the bylaws resulting from the share capital increases comply with the principles of sound and prudent management of the Bank.

  • Equity investments Istituto per il Credito Sportivo (ICS): established through Italian Law 1295 of 24 December 1957, a public bank pursuant to Article 151 of the Consolidated Banking Law (TUB), is a public law entity with autonomous management subject, from 1 January 2012 to 28 February 2018, on the basis of a Bank of Italy proposal, to an extraordinary administration procedure, pursuant to Article 70, paragraph 1, letter a), Consolidated Banking Law.


More Definitions of Consolidated Banking Law

Consolidated Banking Law means Italian Legislative Decree No. 385 of 1 September 1993, as amended and supplemented from time to time, including any successor legislation;
Sample 1
Consolidated Banking Law means Italian Legislative Decree No. 385 of 1 September 1993;
Sample 1
Consolidated Banking Law means: legislative decree n. 385 of 1 September 1993 and subsequent modifications and integrations;
Sample 1

Related to Consolidated Banking Law

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.

  • Consolidated Fund means the Consolidated Fund established by this Constitution;

  • Consolidated Indebtedness means at any time the Indebtedness of the Company and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Subsidiaries means each Subsidiary of the Borrower (whether now existing or hereafter created or acquired) the financial statements of which shall be (or should have been) consolidated with the financial statements of the Borrower in accordance with GAAP.

  • Consolidated First Lien Debt means, as to any Person at any date of determination, the aggregate principal amount of Consolidated Total Debt outstanding on such date that is secured by a first priority Lien on the Collateral.