Successor Authority definition

Successor Authority means any domestic or foreign successor to FINMA or otherwise that has primary supervisory authority over ZIC and/or the Zurich Insurance Group.
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Successor Authority. ’ means any domestic or foreign successor authority to FOPI or otherwise that has regulatory jurisdiction over the Issuer, the Guarantor and/or the Swiss Life group’s operations.
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Successor Authority means an authority specified for the purposes of regulation 6(4) of the Transfer of Property Regulations in an agreement made pursuant to regulation 5(2) of those Regulations; and
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Examples of Successor Authority in a sentence

  • Certain Arrears of Interest may only be payable on Subordinated Notes following the prior written approval of Swiss Financial Market Supervisory Authority (FINMA) (“FINMA”) or any Successor Authority as more fully set out in Condition 4 (f) (iii) of the Terms and Conditions of the Senior Notes, Dated Subordinated Notes and Undated Subordinated Notes.

  • If the Loan Notes are redeemed in violation of Condition 5, the amounts redeemed must be returned to the Issuer irrespective of any agreement to the contrary, unless the Issuer has been dissolved or such amounts have been replaced by regulatory capital qualifying with the same regulatory (sub-)category or equivalent thereof or if the FOPI (as defined below) or any Successor Authority (as defined below) has given its consent to the redemption.

  • To be aware of, and advocate for, the role of persons with disabilities in ministry, including ordained and diaconal ministries and local church and annual conference leadership positions.

  • Any redemption payments made on the Guarantee must be returned to the Guarantor irrespective of any agreement to the contrary, unless (x) the Guarantor has been dissolved or (y) such amounts have been replaced by regulatory capital qualifying with the same regulatory (sub-)category or equivalent thereof or (z) if the FOPI or any Successor Authority has given its consent to the payment.

  • Certain Arrears of Interest may only be payable on Subordinated Notes following the prior written approval of Swiss Financial Market Supervisory Authority FINMA (“FINMA”) or any Successor Authority as more fully set out in Condition 4 (d) (iii) of the Terms and Conditions of the Senior Notes, Dated Subordinated Notes and Undated Subordinated Notes.

  • The Issuer may not suspend an interest payment pursuant to Condition 4(b)(i)(B) if the FOPI or any Successor Authority states at any time prior to the relevant Interest Payment Date that the Loan Notes are not longer eligible to qualify as Upper Additional Capital (‘‘oberes erga¨nzendes Kapital’’) pursuant to Art.

  • The Issuer may call and redeem the Loan Notes in accordance with Condition 5(b) or Condition 5(c) only if the FOPI or any Successor Authority has given (and not subsequently withdrawn) its consent to the redemption (having been given no less than 6 months prior notice by the Issuer) to the extent such consent is required or otherwise has not objected to such redemption.

  • Any redemption payments made on the Guarantee must be returned to the Guarantor irrespective of any agreement to the contrary, unless (x) the Guarantor has been dissolved or (y) such amounts have been replaced by regulatory capital qualifying with the same regulatory (sub-)category or (z) equivalent thereof or if the FOPI or any Successor Authority has given its consent to the payment.

  • Certain Arrears of Interest may only be payable on Subordinated Notes following the prior written approval of Swiss Financial Market Supervisory Authority FINMA (“FINMA”) or any Successor Authority as more fully set out in Condition 4 (f) (iii) of the Terms and Conditions of the Senior Notes, Dated Subordinated Notes and Undated Subordinated Notes.

  • The Issuer shall notify the Trustee in writing promptly upon being notified (i) of the occurrence of a Solvency Event (as defined in the Loan Notes Conditions), (ii) of the date on which such event is no longer continuing), (iii) of any such written approval by FINMA or any Successor Authority for repayment of the Loan Notes and (iv) of the Maturity Date of the Notes where it is not the Scheduled Maturity Date.


More Definitions of Successor Authority

Successor Authority means any domestic or foreign successor to FINMA or otherwise that has primary supervisory authority over the Issuer and/or the Zurich Financial Services Group.
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Successor Authority means any authority which becomes a successor in capacity of the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungs- aufsicht).The Issuer may redeem the Bonds pursuant to this Condition 4(b)(iii) only in accordance with Condition 4(f).(c) Vorzeitige Rückzahlung nach Wahl der Emittentin (c) Early Redemption at the Option of the Issuer
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Successor Authority means any domestic or foreign successor to FINMA or otherwise that has primary supervisory au- thority over Issuer and/or the Guarantor's group.
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Successor Authority means the National Park authority established for that Park under this Order.
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Successor Authority means the person created by statute or subordinate legislation to assume all (or part of) the TfL Group’s functions
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Successor Authority means an Authority constituted under this Act in the place of an erstwhile department to perform its functions.
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Related to Successor Authority

  • former Authority means the Water Authority of Western Australia under the Water Authority Act 1984 2 before the commencement of Part 2 of the Water Agencies Restructure (Transitional and Consequential Provisions) Act 1995 3;

  • public authority means any authority or body or institution of self- government established or constituted—

  • your authority ("eich awdurdod") means the relevant authority of which you are a member or co-opted member.

  • Appointing authority means the head of an employing unit authorized by ordinance or City Charter to employ others on behalf of the City, or a designated management representative. The term includes and can be used interchangeably with department head, department director, superintendent, and chief.

  • Health Authority means the regional health board designated under the Health Authority Act, RSBC 1996, c.180, or the Provincial Health Services Authority, to which the Participant is designated under Section 5.4 of this Contract, unless designated otherwise by the Province;

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • Control authority means either:

  • Combined Authority means an authority established under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 or an authority to which a delegation of the Secretary of State’s functions has been made under section 39A of the Greater London Authority Act 1999;

  • Water Authority means the body corporate known as the Water Authority of Western Australia established by the Water Authority Xxx 0000;

  • Local Mental Health Authority means a county legislative body.

  • Authorized Authority means, in relation to any person, transaction or event, any: (A) federal, provincial, municipal or local governmental body (whether administrative, legislative, executive or otherwise), both domestic and foreign; (B) agency, authority, commission, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government; (C) court, arbitrator, commission or body exercising judicial, quasi-judicial, administrative or similar functions; and (D) other body or entity created under the authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange, in each case having jurisdiction over such person, transaction or event; and

  • Approval Authority means the authority of a Member State with competence for all aspects of the approval of a type of vehicle, system, component or separate technical unit or of the individual approval of a vehicle; for the authorisation process, for issuing and, if appropriate, withdrawing approval certificates; for acting as the contact point for the approval authorities of other Member States; for designating the technical services and for ensuring that the manufacturer meets his obligations regarding the conformity of production;

  • designated authority means such authority as may be notified by the Commissioner;

  • Public health authority means an agency or authority of the United States, a state, a territory, a political subdivision of a state or territory, an Indian tribe, or a foreign government, or a person or entity acting under a grant of authority from or contract with such public agency, including the employees or agents of such public agency or its contractors or persons or entities to whom it has granted authority, that is responsible for public health matters as part of its official mandate.

  • Governmental Antitrust Authority has the meaning set forth in Section 5.11(b).

  • Governing authority means the local legislative authority

  • Contracting Authority means any contracting authority as defined in Regulation 3 of the Public Contracts Regulations 2006.

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • Contract Authority means the Board of Supervisors or the head of the department or agency presenting the proposed contract to the Board of Supervisors.

  • Authority or Housing Authority (HA means the Housing Authority.

  • Successor Parent with respect to any Person, means any other Person with more than 50% of the total voting power of the Voting Stock which is, at the time the first Person becomes a Subsidiary of such other Person, “beneficially owned” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act) by one or more Persons that “beneficially owned” (as so defined) more than 50% of the total voting power of the Voting Stock of the first Person immediately prior to the first Person becoming a Subsidiary of such other Person.

  • Successor Manager Any Independent Contractor as selected or retained by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Companion Loan Holders, to serve as manager of a Foreclosed Property, which designation, as evidenced by written confirmation from each Rating Agency, shall not result in the downgrade, withdrawal or qualification of the ratings assigned to the Certificates by such Rating Agency.

  • Lead Authority means a local authority in Wales acting as the Lead Regional Transport Authority for one or more of its Constituent Local Authorities;

  • Housing authority means a housing authority created or

  • requested authority means a competent administrative authority which has been designated by a Party for this purpose and which receives a request for assistance on the basis of this Protocol;

  • Antitrust Authority means the Antitrust Division of the United States Department of Justice or the United States Federal Trade Commission.