Covered Benchmark definition

Covered Benchmark means any benchmark which a Covered Administrator provides or intends to provide in the EU;
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Covered Benchmark means a benchmark referred to by Article 1 of the Equivalence Decision; "Covered Administrator" means the administrator of a Covered Benchmark;
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Examples of Covered Benchmark in a sentence

  • He had moved to Canada as a child, and simply stated that ‘I feel Canadian”.

  • For the avoidance of doubt, references to regulatory or supervisory actions shall include: (i) any administrative sanctions and other administrative measures imposed by ESMA or the UK FCA in accordance with the BMR or UK BMR; and (ii) any actions taken by ESMA or the UK FCA in the exercise of their supervisory powers under the BMR or UK BMR where the Covered Administrators’ provision of a Covered Benchmark may be materially impacted.

  • The information to be provided by an Authority pursuant to this paragraph will refer to a Covered Administrator and/or a Covered Benchmark.

  • The information to be provided by an Authority pursuant to this paragraph will refer to a Covered Administrator or Covered Benchmark.

  • The Authorities should, within the framework of this MoU, provide each other with the fullest cooperation permissible under their Laws and Regulations and any relevant Supervisory College Arrangement in relation to all relevant information and supervisory activities regarding a Covered Administrator in connection with the Covered Administrator's provision of a Covered Benchmark.

  • The Terms of Reference also mention the target groups interested in the outcomes of this evaluation.

  • As part of its ongoing supervisory activity, ESMA intends to rely mainly on the EU legal representative of a Covered Administrator in order to obtain information on the Covered Administrator in respect of its provision of a Covered Benchmark.

  • The Authorities should, within the framework of this MoU, provide each other with the fullest cooperation permissible under their Laws and Regulations in relation to all relevant information and supervisory activities regarding a Covered Administrator in connection with the Covered Administrators’ provision of a Covered Benchmark.

  • In the event of an On-site Inspection, MAS will assist ESMA in reviewing, interpreting and analysing the contents of public and non-public Books and Records and obtaining information from directors and senior management of a Covered Administrator in respect of its administration of a Covered Benchmark.

  • The Authorities will also consult each other with a view to reaching an agreement in relation to what (if any) assistance the UK FCA will provide to ESMA in reviewing, interpreting and analysing the contents of public and non-public Books and Records and obtaining information from directors and senior management of the Covered Administrator in respect of its provision of a Covered Benchmark.

Related to Covered Benchmark

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Interpolated Benchmark with respect to the Benchmark means the rate determined for the Corresponding Tenor by interpolating on a linear basis between: (1) the Benchmark for the longest period (for which the Benchmark is available) that is shorter than the Corresponding Tenor and (2) the Benchmark for the shortest period (for which the Benchmark is available) that is longer than the Corresponding Tenor.

  • Registered Benchmark Administrator means that the Underlying is administered by an administrator who is registered in a register pursuant to Article 36 of the Benchmark Regulation as specified in § 2 of the Product and Underlying Data.

  • Relevant Benchmark means the Index, the Reference Interest Rate and any other index, benchmark or price source by reference to which principal or other amounts payable under the Securities is calculated.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Administrator/Benchmark Event means, in relation to any Benchmark, the occurrence of a Benchmark Modification or Cessation Event, a Non-Approval Event, a Rejection Event or a Suspension/Withdrawal Event all as determined by the Issuer.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Contract Award Date means the date of the Contract award notice, which may take the form of a purchase order, signed Contract or Notice of Award, issued by the Authority.

  • Program Participants means, for any CRP, the Centers (other than the Lead Center for such CRP) and any Partner receiving funding for activities under such CRP that are funded by the CGIAR Fund.

  • Term Benchmark when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate.

  • Administrator/Benchmark Event Date means, in respect of an Administrator/Benchmark Event, the date on which the authorisation, registration, recognition, endorsement, equivalence decision, approval or inclusion in any official register is (i) required under any applicable law or regulation; or

  • Award Year means a fiscal year beginning January 1 and ending December 31 with respect to which an Award may be granted.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Plan Year means the calendar year.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Payout means that time at which cash distributions have been made by the Limited Partnership to the Unit Holders (together with their predecessors in interest) pursuant to Section 5.1 of the Limited Partnership Agreement (together with any distributions to such Unit Holders pursuant to Section 3.3 of the Limited Partnership Agreement), in an aggregate amount equal to the Unit Holders' Subscriptions to the Limited Partnership.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.

  • Eligible Participants means persons who, at a particular time, are employees, officers, consultants, or directors of the Company or its subsidiaries;

  • QDRO means a qualified domestic relations order as defined in Section 414(p) of the Code or Title I, Section 206(d)(3) of ERISA (to the same extent as if this Plan were subject thereto), or the applicable rules thereunder.