SEC Relief definition

SEC Relief means the relief requested in that certain letter submitted to the SEC by XC on January 25, 2018.
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SEC Relief has the meaning given to it in clause 2.10;
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SEC Relief has the meaning set out in Section 2.1.
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Examples of SEC Relief in a sentence

  • For Major Security-Based Swap Participant (MSBSPs), apply SEC Relief – use 45.8 and “ISDA Asset Class Tie Breaker Logic for Swaps” developed for CFTC reporting as applicable.

  • The US Compliance WG could not reach consensus on use of a consistent definition of US Person (USP) on the 3/17/21 WG call:― Some supported using the SEC 240.3a71 definition when applying Rule SBSR in determining SEC RCP, but using the 2013 CFTC Cross Border guidance USP definition when applying the SEC Relief in determining SEC RCP.― Others supported using a consistent USP definition for both SBSR and CFTC.― Others supported allowing flexibility to decide individually.

  • The industry ISDA SBSR Implementation Working Group (“WG”) has discussed and agreed the reporting party determination and tie-breaker logic, taking into consideration the SEC Relief, as described in the section “SBS Reporting Party (RCP) Determination – Industry Standard Approach”.

  • Takes into consideration SEC Relief provided in Section C, Cross-Border Application of Certain Security-Based Swap Requirements Final Rule and Guidance, 85 Fed.

  • Note: US persons/non US person (with US person guarantee) that do not wish to rely on the SEC Relief in this scenario may consider reaching out to non-US SD to address reporting of the trade.

  • Note: Certain transactions will have no RCP for example in the case of a Non-US SD faces non-US person (both not guaranteed), there is no duty to report under Rule SBSR for either party, no need to make use of SEC Relief.

  • However, the SEC Relief with respect to Rule 901(a) does not extend to instances where a transaction falls within Rule 901(a)(2)(ii)(E) and one or both sides is relying on the exception to the de minimis counting requirement for ANE6 transactions (i.e., is a “Relying Entity”).

  • Note: While ANE trades would result in reporting and public dissemination under Rule SBSR, the SEC Relief is believed by the ISDA SBSR Implementation industry Working Group to limit reporting of ANE Transactions to those SBS where one or both parties are “Relying Entities”.

  • However, the SEC Relief with respect to Rule 901(a) does not extend to instances where a transaction falls within Rule 901(a)(2)(ii)(E) and one or both sides is relying on the exception to the de minimis counting requirement for ANE5 transactions (i.e., is a “Relying Entity”).

  • Chubb Limited securities repurchase authorizationsIn December 2018, the Board authorized the repurchase of up to $1.5 billion of Chubb's Common Shares from December 1, 2018 through December 31, 2019.


More Definitions of SEC Relief

SEC Relief means written notification received by the Company, in form and substance acceptable to the Company, from the staff of the Securities and Exchange Commission (the “Staff”) indicating the Staff’s concurrence that (A) the Company shall only be required to include in its registration statement on Form S-1 for an initial public offering of its common stock (the “Registration Statement”) those audited financial statements of the Business for the periods (i) from April 21, 2007 through December 31, 2007 and (ii) from January 1, 2008 through the Closing Date; (B) the Staff will commence reviewing the Registration Statement prior to the inclusion of an audited balance sheet of the Company as of December 31, 2008 (assuming that the financial statements of the Company included in the Registration Statement comply with the age requirements of Rules 3-01 and 3-02 of Regulation S-X); and (C) the Registration Statement need not contain audited interim financial statements of the Company as of a date, or for periods ending, after December 31, 2008.
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Related to SEC Relief

  • General relief means money payments and other forms of relief made to those persons mentioned

  • Relief means any loss, relief, allowance, exemption, set-off, deduction, right to repayment or credit or other relief of a similar nature granted by or available in relation to Tax pursuant to any legislation or otherwise;

  • CySEC Rules means the Rules, Directives, Regulations, Guidance notes, opinions or recommendations of CySEC.

  • Court of Appeal means the division of the Supreme Court referred to in section 7(1)(b);

  • Injunction has the meaning set forth in Section 6.1(a).

  • Chosen Court has the meaning assigned in Section 8.5(b).

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Fraud Claim means any claim based in whole or in part upon fraud, willful misconduct or intentional misrepresentation.

  • Youth court means the court established pursuant to this chapter to hear all proceedings in

  • Court Order means any judgment, order, award or decree of any foreign, federal, state, local or other court or tribunal and any award in any arbitration proceeding.

  • Bankruptcy Rules means the Federal Rules of Bankruptcy Procedure.

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • Commissioners Court means Travis County Commissioners Court.

  • Civil action means all suits or claims of a civil nature in a state or federal court, whether cognizable as cases at law or in equity or admiralty. "Civil action" does not include any of the following:

  • Ontario Court means the Ontario Superior Court of Justice.

  • QFC Stay Rules means the regulations codified at 12 C.F.R. 252.2, 252.81–8, 12 C.F.R. 382.1-7 and 12 C.F.R. 47.1-8, which, subject to limited exceptions, require an express recognition of the stay-and-transfer powers of the FDIC under the Federal Deposit Insurance Act and the Orderly Liquidation Authority under Title II of the Xxxx Xxxxx Wall Street Reform and Consumer Protection Act and the override of default rights related directly or indirectly to the entry of an affiliate into certain insolvency proceedings and any restrictions on the transfer of any covered affiliate credit enhancements.

  • Securities Exchange Act of 1934 means the United States Securities Exchange Act of 1934, as from time to time amended.

  • Plaintiffs’ Releasees means Plaintiffs, and any and all of their related parties, including, without limitation, any and all members of their immediate families, agents or other persons acting on their behalf, attorneys, advisors, financial advisors, accountants, assigns, creditors, heirs, estates and legal representatives.

  • Settling Defendant s Property” shall mean all portions of the Site owned by Settling Defendant as of the date of signature of the Consent Decree by Settling Defendant.

  • Statute means the Companies Act (As Revised) of the Cayman Islands.

  • Securities Act of 1933 means the United States Securities Act of 1933, as from time to time amended.

  • NYSRC Reliability Rules means the rules applicable to the operation of the New York Transmission System. These rules are based on Reliability Standards adopted by NERC and NPCC, but also include more specific and more stringent rules to reflect the particular requirements of the New York Transmission System.

  • Qualified Public Offering means the initial underwritten public offering of common Equity Interests of Holdings or any direct or indirect parent of Holdings or the Company pursuant to an effective registration statement filed with the SEC in accordance with the Securities Act (other than a registration statement on Form S-8 or any successor form).

  • Next of kin of a covered servicemember means the nearest blood relative other than the covered servicemember’s spouse, parent, son, or daughter, in the following order of priority: blood relatives who have been granted legal custody of the covered servicemember by court decree or statutory provisions, brothers and sisters, grandparents, aunts and uncles, and first cousins, unless the covered servicemember has specifically designated in writing another blood relative as his or her nearest blood relative for purposes of military caregiver leave under the FMLA. When no such designation is made and there are multiple family members with the same level of relationship to the covered servicemember, all such family members shall be considered the covered servicemember’s next of kin, and the employee may take FMLA leave to provide care to the covered servicemember, either consecutively or simultaneously. When such designation has been made, the designated individual shall be deemed to be the covered servicemember’s only next of kin.

  • Bankruptcy Court has the meaning set forth in the Recitals.

  • Retained Causes of Action means those Causes of Action that shall vest in the Reorganized Debtors on the Effective Date, which, for the avoidance of doubt, shall not include any of the Causes of Action that are settled, released or exculpated under the Plan.