Examples of Lead Regulator in a sentence
Whether a Capital Adequacy Trigger has occurred at any time shall be determined by the Issuer, the Lead Regulator applicable to the Issuer or any agent of the Lead Regulator applicable to the Issuer appointed for such purpose by the Lead Regulator applicable to the Issuer.
The Conditions may not be amended without the prior approval of the Lead Regulator (if applicable).
If a Capital Adequacy Trigger has occurred in respect of any Series of Securities (such Securities, the "Affected Securities"), the Issuer shall immediately inform the Lead Regulator applicable to the Issuer and shall, prior to giving the Capital Adequacy Trigger Notice (as defined below) in accordance with the next following paragraph, deliver to the Trustee a certificate signed by two Authorised Signatories stating that the Capital Adequacy Trigger has occurred.
The BRRD has been fully transposed into Belgian law in 2015.The Lead Regulator (as defined in the Conditions) will need to pre-approve any strategic decision of any Belgian financial institution subject to the Belgian Banking Law (including the Issuer, and regardless of it being systemically important or not).
These powers allow the Lead Regulator to cancel all or a portion of the principal amount of, or interest on, certain unsecured liabilities (which could include the Notes) of an institution and/or to convert certain debt claims (which could be the Notes) into another security, including ordinary shares of Belfius Bank or any other surviving group entity, if any.