Regulatory Intervention. ’ means (i) in respect of the Issuer, a request to the Issuer from the Relevant Supervisory Authority (as defined below) to restore any applicable minimum solvency margins or capital adequacy levels, or (ii) a request in respect of a Principal Subsidiary (as defined below) of the Issuer by its relevant supervisory authority to restore any applicable minimum solvency margins or capital adequacy levels;
Regulatory Intervention means a request from ISVAP or any other relevant supervisory authority to restore any Required Solvency Margin;
Regulatory Intervention means (a) with respect to the Issuer, a request from any Relevant Supervisory Authority to restore or improve any applicable solvency margins or capital adequacy level of the Issuer, (b) in respect of any of the Issuer's EEA Regulated Subsidiaries, a request to that EEA Regulated Subsidiary by its Relevant Supervisory Authority to restore either its applicable minimum solvency margins or capital adequacy levels or the FSA is notified by a Relevant Supervisory Authority that such Relevant Supervisory Authority has made such request to the applicable EEA Regulated Subsidiary, or (c) if, on any date (other than the Deferred Maturity Date) on which a payment in respect of principal or interest in respect of the Notes is due, the Issuer or any one of the EEA Regulated Subsidiaries has failed (or is reasonably likely to so fail immediately after such payment) to meet its applicable minimum solvency margins or capital adequacy levels as at the date of the most recent audited accounts of the Issuer or, as the case may be, that EEA Regulated Subsidiary or, if later, the date such margins or levels were most recently tested for regulatory purposes or, if later, any date falling on or prior to the date such payment is, or otherwise would be, due selected by the Board of Directors (or other management body) of the Issuer or, as the case may be that EEA Regulated Subsidiary. A Regulatory Intervention shall be deemed to be continuing until such date as, in the case of (a) or (b), the relevant margins of solvency or capital adequacy levels have been restored or improved to the satisfaction of the Relevant Supervisory Authority or the request is otherwise withdrawn or addressed to the satisfaction of the Relevant Supervisory Authority or, in the case of (c), the first date on which the Issuer or relevant EEA Regulated Subsidiary, as applicable, meets its applicable minimum solvency margins or, as the case may be, capital adequacy levels, as determined and so certified to the Trustee by the Board of Directors (or other management body) thereof;
Examples of Regulatory Intervention in a sentence
Parties agree that such amendment/fresh agreement shall be effective from the date of implementation of any such Regulatory Intervention.
Desk 5: Regulatory Intervention: Roughly 70% of cases are resolved satisfactorily between the Contact centre & the Monitoring Agency.
Garcia Swartz, The Effect of Regulatory Intervention in Two-Sided Markets: An Assessment of Interchange-Fee Capping in Australia, 4 Review of Network Economics 328 (2005), p.
Tariff-Mediated Network Externalities: Is Regulatory Intervention Any Good?CEPR Discussion Paper 2008.Jeon D-S, Laffont J-J, Tirole J.
Together with our findings, some of the unanswered questions have 1 Merchant associations: ANGED, FEH, FEHR and CAAVE Schemes: Servired, 4B and Euro 60002 Stillman Robert, William Bishop, Kyla Malcolm and Nicole Hidebrandt, Regulatory Intervention in the Payment Card Industry by the Reserve Bank of Australia.
More Definitions of Regulatory Intervention
Regulatory Intervention means a change in law or regulation that Meridian reasonably considers results, or will result, in a substantial change to the electricity market that substantially affects the relative benefits and burdens to the parties of this Agreement, such as the imposition of a capacity or reserve energy market or similar.
Regulatory Intervention has the meaning ascribed thereto in Schedule 5.5;
Regulatory Intervention means (a) with respect to the Issuer, a request from any Relevant Supervisory Authority to restore or improve any applicable solvency margins or capital adequacy level of the Issuer,
Regulatory Intervention means (i) the occurrence of a Solvency Capital Event; or (ii) in respect of a Principal Subsidiary of Assicurazioni Generali a request by ISVAP or any other relevant supervisory authority to restore any Required Solvency Margin;
Regulatory Intervention. ’ means (a) with respect to the Issuer, a request from any Relevant
Regulatory Intervention means the occurrence of a Solvency Capital Event;
Regulatory Intervention. ’ means (i) in respect of Assicurazioni Generali, a request from ISVAP or any other relevant supervisory authority to restore any Required Solvency Margin or; (ii) in respect of a Principal Subsidiary of Assicurazioni Generali a request by ISVAP or any other relevant supervisory authority to restore any Required Solvency Margin;