Resolution Powers definition

Resolution Powers means any action in respect of the assets, contracts, rights, obligations and liabilities of a Clearing Participant existing from time to time under, and exercised in compliance with, any law or regulation in effect in The Netherlands, relating to EU Regulation R&R and including the application of articles 28, 32, 55, 56 and 57 of EU Regulation R&R.
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Resolution Powers means any action in respect of the assets, contracts, rights, obligations and liabilities of a Clearing Participant existing from time to time under, and exercised in compliance with, any law or regulation in effect in The Netherlands, relating to EU
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Resolution Powers means the powers of the Bank under Part 1 of the Banking Act 2009 other than those exercised in applying the resolution tools;”.
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Examples of Resolution Powers in a sentence

  • For a more detailed discussion of the risks that arise as a result of the Banking Act or the RRD, please refer to the risk factor in the Registration Document entitled "Applicable Bank Resolution Powers", which is incorporated into this Offering Memorandum by reference.

  • For a more detailed discussion of the risks that arise as a result of the Banking Act or the RRD, please refer to the risk factor in the Registration Document entitled "Applicable Bank Resolution Powers", which is incorporated into this Prospectus by reference.

  • For a more detailed discussion of the risks that arise as a result of the Banking Act or the RRD, please refer to the risk factor in the Registration Document entitled "Applicable Bank Resolution Powers", which is incorporated into this Base Prospectus by reference.

  • If action were to be taken by the AMF under the Resolution Powers (including the Bail-in Powers) in respect of the Issuer, Noteholders could be exposed to significant losses.

  • The Notes are unsecured and, except for NVCC Subordinated Notes, unsubordinated obligations of the Federation and, except for the NVCC Subordinated Notes, will rank equally in right of payment with all of its other existing and future unsecured and unsubordinated obligations, subject to applicable laws and to the exercise of Resolution Powers, if applicable.

  • In addition, the claims of investors in Subordinated Notes may be varied or extinguished or converted into the common equity of the Issuer pursuant to the exercise of powers under the Banking Act 2009, including the "write-down and conversion of capital instruments and liabilities power" and the "bail-in" power (see further under "Applicable Bank Resolution Powers"), which could lead to investors in Subordinated Notes losing some or all of their investment.

  • As a result of the above, Noteholders should consider the risk that they may lose some or all of their investment, including the principal amount plus any accrued interest, if the AMF were to take action under its Resolution Powers, subject to the indemnification process under the Deposit Institutions Act.

  • Noteholders should refer to the risk factor entitled "Applicable Bank Resolution Powers" on pages 14 to 16 of the registration document of the Issuer dated 18 July 2018 for further information in respect of the Issuer's exposure under such regulatory regimes.

  • If the Issuer is subject to the exercise of certain powers under such regimes (for instance, write down and conversion of capital instruments or bail in) the value of the Notes may be affected.Noteholders should refer to the risk factor entitled "Applicable Bank Resolution Powers" on pages 14 to 16 of the registration document of the Issuer dated 19 July 2017 for further information in respect of the Issuer's exposure under such regulatory regimes.

  • Exercise of the Resolution Powers or Non-viability Loss Absorption Measures shall not constitute an event of default in respect of the relevant Notes.


More Definitions of Resolution Powers

Resolution Powers means the powers conferred on the Resolution Committee in terms of the Recovery and Resolution Regulations;
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Related to Resolution Powers

  • Resolutions shall have the meaning set forth in Section 7.5.

  • Resolution of Directors means either:

  • Resolution date means the date the funded amount, plus the

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • Resolution Authority means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.

  • Write-Down and Conversion Powers means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.

  • Special Resolution means a resolution passed by a majority of not less than two-thirds (2/3) of the votes cast on that resolution.

  • Resolution shall have the meaning specified in Section 8(E).

  • Resolution Time means 1:00 p.m., New York time, on the Local Business Day following the date on which the notice is given that gives rise to a dispute under Paragraph 5.

  • Relevant UK Resolution Authority means any authority with the ability to exercise a UK Bail-in Power.

  • UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

  • Special Resolution Regime means each of (i) the Federal Deposit Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and the regulations promulgated thereunder.

  • Resolution of Shareholders means either:

  • Resolution Period has the meaning set forth in Section 2.04(c)(ii).

  • EEA Resolution Authority means any public administrative authority or any person entrusted with public administrative authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution.

  • Company Organizational Documents means the certificate of incorporation and bylaws (or the equivalent organizational documents) of the Company and its Subsidiaries as in effect on the date of this Agreement.

  • U.S. Special Resolution Regimes has the meaning specified in Section 11.21.