Examples of Italian Banking Act in a sentence
The Senior Non-Preferred Notes and any related Coupons are direct, unconditional, unsubordinated, unsecured and non-preferred obligations of the Issuer that are intended to qualify as strumenti di debito chirografario di secondo livello of the Issuer in accordance with, and for the purposes of, Article 12-bis of the Italian Banking Act.
These Conditions apply to Senior Preferred Notes and Senior Non Preferred Notes, only to the extent that such Senior Non Preferred Notes are issued by Mediobanca, and are defined as “strumenti di debito chirografario di secondo livello” pursuant to and for the purposes of Articles 12-bis and 91, paragraph 1-bis, letter c-bis of the Italian Banking Act and any relevant implementing regulation which may be enacted for such purposes by any Relevant Authority.
You may have certain rights and protections that are provided to you under your agreement with your Funding Instrument provider or issuer or generally by the law with respect to the payments for a Transaction made to your nominated bank account or registered credit or debit card (such as users being able to potentially hold your credit card issuer liable under section 125-quinquies of the Italian Banking Act).
Pursuant to Article 12-bis, paragraph 1, letter a), of the Italian Banking Act, the Maturity Date of the Senior Non-Preferred Notes shall not fall earlier than twelve months after their Issue Date.
UniCredit is also registered with the National Register of Banks; it is the parent company of the UniCredit Group registered with the Register of Banking Groups held by the Bank of Italy pursuant to Article 64 of the Legislative Decree No. 385 of 1 September 1993 as amended (the Italian Banking Act) under number 02008.1; and it is a member of the National Interbank Deposit Fund (Fondo Interbancario di Tutela dei Depositi) and of the National Compensation Fund (Fondo Nazionale di Garanzia).
The Senior Non Preferred Notes (being notes intended to qualify as strumenti di debito chirografario di secondo livello of the Issuer, as defined under Article 12-bis of the Italian Banking Act) will constitute direct, unconditional, unsecured and non preferred obligations of Mediobanca and will rank at all times pari passu without any preference among themselves.
The Notes are, and they shall immediately become, due and repayable at their Early Redemption Amount together with, if appropriate, accrued interest thereon if the Issuer is subject to compulsory winding-up (liquidazione coatta amministrativa) pursuant to Articles 80 and following of the Italian Banking Act or voluntary winding-up (liquidazione volontaria) in accordance with the relevant provisions of the Italian Civil Code and/or Article 96-quinquies of the Italian Banking Act.
In Italy, the applicable crisis regimes to CCPs are (i) the Special Administration Procedure (“amministrazione straordinaria” or “SA”) under article 70 of the Italian Banking Act and (ii) the Compulsory Administrative Liquidation (“liquidazione coatta amministrativa” or “CAL”) regulated under article 80 of the Italian Banking Act.
The Notes are, and they shall immediately become, due and repayable at their Early Redemption Amount together with, if appropriate, accrued interest thereon if the Issuer is subject to compulsory winding-up (liquidazione coatta amministrativa) pursuant to Articles 80 and following of the Italian Banking Act or voluntary winding-up (liquidazione volontaria) pursuant to Article 96- quinquies of the Italian Banking Act.
Commercio e Finanza is registered in (i) the register held pursuant to Article 106 of the Italian Banking Act under number 15772, and (ii) the special register of financial intermediaries held by the Bank of Italy pursuant to Article 107 of the Italian Banking Act under number 19044.