Credit Institutions and Investment Firms Resolution Act definition

Credit Institutions and Investment Firms Resolution Act means the Croatian Credit Institutions and Investment Firms Resolution Act (in Croatian "Zakon o sanaciji kreditnih institucija i investicijskih društava"), as amended or replaced from time to time, and any references in these Terms and Conditions to any relevant provisions of the Credit Institutions and Investment Firms Resolution Act include references to any applicable provisions of law amending or replacing such provisions from time to time.][The following shall only be applicable for Preferred Senior Notes issued by Slovenská sporiteľňa:
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Credit Institutions and Investment Firms Resolution Act means the Croatian Credit Institutions and Investment Firms Resolution Act (in Croatian " Zakon o sanaciji kreditnih institucija i investicijskih društava"), as amended or replaced f rom time to time, and any references in these Terms and Conditions to any relevant provisions of the Credit Institutions and Investment Firms Resolution Act include references to any applicable provisions of law amending or replacing such provisions f rom time to t ime.]
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Credit Institutions and Investment Firms Resolution Act means the Croatian Credit Institutions and Investment Firms Resolution Act (in Croatian "Zakon o sanaciji kreditnih institucija i investicijskih društava"), as amended or replaced from time to time, and any references in these Terms and Conditions to any relevant provisions of the Credit Institutions and Investment Firms Resolution Act include references to any applicable provisions of law amending or replacing such provisions from time to time.(2) No Set-off/Netting, No Security/Guarantee and No Enhancement of Seniority. The Notes are not subject to any set off arrangements or netting rights that would undermine their capacity to absorb losses in resolution.The Notes are neither secured, nor subject to any guarantee or any other arrangement that enhances the seniority of the claims under the Notes.(3) Subsequent Modifications of the Ranking and the Term as well as any Notice Periods. No subsequent agreement may modify the ranking of the Notes or shorten the term of the Notes or any applicable notice period.(4) Note on the possibility of statutory resolution measures. Prior to any bankruptcy (in Croatian "stečaj") or liquidation (in Croatian "likvidacija") of the Issuer, under the Applicable Supervisory Regulations, the competent Resolution Authority may write down (including to zero) the obligations of the Issuer under the Notes, convert them into shares or other instruments of ownership of the Issuer, in each case in whole or in part, or apply any other resolution measure, including (but not limited to) any deferral of the obligations, any transfer of the obligations to another entity, an amendment of the Terms and Conditions or a cancellation of the Notes.INTEREST
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Related to Credit Institutions and Investment Firms Resolution Act

  • Banking Act means the UK Banking Act 2009, as amended.

  • banking group means the New Zealand business of the registered bank and its subsidiaries as required to be reported in group financial statements for the group’s New Zealand business under section 461B(2) of the Financial Markets Conduct Act 2013.

  • EEA Financial Institution means (a) any credit institution or investment firm established in any EEA Member Country which is subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent.

  • Securities Financing Transactions Regulation means Regulation (EU) 2015/2365 of the European Parliament and of the Council of 25 November 2015 on transparency of securities financing transactions and of reuse and amending Regulation (EU) No 648/2012;

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • application for international protection means a request made by a third country national or a stateless person for protection from a Member State, who can be understood to seek refugee status or subsidiary protection status, and who does not explicitly request another kind of protection, outside the scope of this Directive, that can be applied for separately;