EEA parent undertaking definition

EEA parent undertaking means an EEA parent institution, EEA parent financial holding company or EEA parent mixed financial holding company
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EEA parent undertaking means an EEA parent institution, EEA parent financial holding
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Examples of EEA parent undertaking in a sentence

  • EEA parent undertaking means an EEA parent institution, an EEA parent financial holding company or anEEA parent mixed financial holding company.

  • Following the governance changes made in April 2013 Table of Contents SECTION A HISTORICAL CONSOLIDATED FINANCIAL INFORMATION RELATING TO THE FRIENDS LIFE GROUP FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 Resolution Limited is now deemed to be the ultimate EEA parent undertaking of the Group and as such the insurance groups capital adequacy ("IGCA") requirements are now monitored at the RSL level.

  • Bearing in mind the time generally associated with assessing an application, which involves the development of record and drafting the decision, EPC chose to file its application before all of the costs have been incurred.

  • Application of recovery and resolution rules in relation to group members 11.1.3 G (1) The RRD imposes requirements at both firm and group level and in certain circumstances requires an action to be taken by the EEA parent undertaking or other member of a group.

  • Previously the Company's subsidiary undertaking, FLG, was treated as the ultimate EEA parent undertaking of the Group and debt issued or incurred by undertakings incorporated and resident in Guernsey was excluded from the formal assessment of the IGCA requirements, albeit the overall debt structure of the Group was assessed by the UK Financial Services Authority as part of its approval process for acquisitions.

  • An EEA parent undertaking is an institution, a financial holding company or a mixed financial holding company in the EEA that is not itself a subsidiary of an institution, a financial holding company or a mixed financial holding company in the EEA.

Related to EEA parent undertaking

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • subsidiary undertaking means an undertaking controlled by a parent undertaking, including any subsidiary undertaking of an ultimate parent undertaking;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Group Undertaking means the Company or another undertaking in the group;

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • EEA Agreement means the Agreement on the European Economic Area signed at Oporto on 2nd May 1992 as adjusted by the Protocol signed at Brussels on 17th March 1993;

  • financial undertaking means any of the following entities:

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • EEA Member Country means any of the member states of the European Union, Iceland, Liechtenstein, and Norway.

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • Qualified Independent Underwriter means a “qualified independent underwriter” within the meaning of FINRA Rule 5121.

  • Ultimate Parent Company means a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • statutory undertaker means a person who is or is deemed to be a statutory undertaker for the purposes of any provision of Part 11 of the Town and Country Planning Act 1990.

  • Confidentiality Undertaking means a confidentiality undertaking substantially in a recommended form of the LMA or in any other form agreed between the Borrower and the Agent.

  • EEA migrant worker (“gweithiwr mudol AEE”) means an EEA national who is a worker, other than an EEA frontier worker, in the United Kingdom;

  • EEA national means a national of one of the following countries:

  • 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.

  • Parent Company Guarantee means a guarantee issued in favour of the Operator in substantially the form set out in Schedule 6 (Form of Parent Company Guarantee).

  • statutory undertakers means persons authorised by any law to carry on any road transport, water transport, dock, harbour or pier undertakings or any undertaking for the supply of electricity, water, telephonic, telegraphic, sewerage or quarrying services and “statutory undertaking” has a corresponding meaning;

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • Additional Borrower means a company which becomes an Additional Borrower in accordance with Clause 25 (Changes to the Obligors).

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.