MREL Requirement definition

MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer or the Group, as the case may be;

MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer;

MREL Requirement means the minimum requirements for eligible liabilities (MREL) which are or, as the case may be, will be, applicable to the Issuer and/or the Issuer's MREL Group in accordance with

Examples of MREL Requirement in a sentence

• The Notes are intended to qualify as eligible liabilities of the Issuer for the MREL Requirement.

• Article 12 of the Regulation (EU) No. 806/2014 of the European Parliament and of the Council of 15 July 2014, as amended or replaced from time to time,where " Issuer's MREL Group" means the Issuer and its subsidiaries which have to comply with the MREL Requirement on a group basis.

• The Notes constitute direct, unsecured and non-preferred obligations of the Issuer and are intended to qualify as eligible liabilities instruments (within the meaning of point (a) of Article 72a(1) and Article 72b CRR) of the Issuer for the MREL Requirement.

• If and to the extent that Nykredit Realkredit becomes subject to the MREL Requirement, the net proceeds from the issue of each Tranche of Unsubordinated Notes by Nykredit Realkredit will, if eligible, be used to fulfil the MREL Requirement of Nykredit Realkredit.

• The Senior Non-Preferred Notes are intended to be MREL Eligible Liabilities which are available to meet any MREL Requirement (however called or defined by the Applicable MREL Regulations then applicable) of the Issuer and the Group.

More Definitions of MREL Requirement

MREL Requirement means the requirement for own funds and eligible liabilities or loss absorbing capacity, which is or, as the case may be, will be, applicable to the Issuer (whether on a solo or (sub)consolidated basis).

MREL Requirement means the minimum requirement of eligible liabilities referred to in the BRRD and relevant implementing legislation in Denmark;

MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be, applicable to the Issuer and/or Erste MREL Group.

MREL Requirement means the total loss-absorbing capacity requirement and/or the minimum requirement for own funds and eligible liabilities, in each case which is or, as the case may be, will be, applicable to the Issuer and/or the Group;

MREL Requirement means the minimum requirement for own funds and eligible liabilities which applicable to the Issuer or the SBAB Group, as the case may be;

MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer and/or the Group; NFSA means the Financial Supervisory Authority of Norway (Finanstilsynet);

MREL Requirement means the minimum requirement for own funds and eligible liabilities which is or, as the case may be, will be applicable to the Issuer (whether on a solo or (sub)consolidated basis) and including any subordination requirement that may become applicable to the Issuer pursuant to a decision of the Resolution Authority;