Swiss Special Resolution Regime definition

Swiss Special Resolution Regime means, other than any Ring-fence Provisions, (a) Art. 24 and section eleven (Massnahmen bei Insolvenzgefahr) of the Swiss Federal Law on Banks and Savings Banks of 8 November 1934 (Bundesgesetz über die Banken und Sparkassen; SR 952.0), including the amendments that were passed by the Swiss Federal Parliament on 19 June 2015; and (b) the Ordinance of the Swiss Financial Market Supervisory Authority on the Insolvency of Banks and Securities Dealers of 30 August 2012 (Verordnung der Eidgenössischen Finanzmarktaufsicht über die Insolvenz von Banken und Effektenhändlern; SR 952.05); and (c) chapter eight (Insolvenzrechtliche Bestimmungen) of the second title of the Swiss Financial Market Infrastructure Act of 19 June 2015 (Bundesgesetz über die Finanzmarktinfrastrukturen und das Marktverhalten im Effekten- und Derivatehandel), and each of their implementing regulations and measures, as the same may be amended from time to time.
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Swiss Special Resolution Regime means, subject to the Swiss Annex, other than any Ring-fence Provisions, (a) Art. 24 and section eleven (Massnahmen bei Insolvenzgefahr) of the Swiss Federal Law on Banks and Savings Banks of 8 November 1934 (Bundesgesetz über die Banken und Sparkassen; SR 952.0) and (b) the Ordinance of the Swiss Financial Market Supervisory Authority on the Insolvency of Banks and Securities Dealers of 30 August 2012 (Verordnung der Eidgenössischen Finanzmarktaufsicht überdie Insolvenz von Banken und Effektenhändlern; SR 952.05), and each of their implementing regulations and measures, as the same may be amended from time to time.
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Related to Swiss Special Resolution Regime

  • U.S. 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.

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

  • 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.

  • Initial Resolution Period As defined in Section 2.03(b).

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

  • Supplemental Resolution means any resolution or resolutions of the Trust amending, modifying or supplementing this Bond Resolution, authorizing the issuance of a Series of Refunding Bonds, or any other Supplemental Resolution adopted by the Trust pursuant to the provisions of this Bond Resolution.

  • 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.

  • unanimous resolution means, subject to subsection (3), a resolution-

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

  • resolution plan means a plan proposed by resolution applicant for insolvency resolution of the corporate debtor as a going concern in accordance with Part II;

  • NZOC Nomination and Selection Regulation means the regulation of NZOC relation to the nomination and selection Process for all Olympic and Commonwealth games, including the Games.

  • Certificate of Arrangement means the certificate of arrangement to be issued by the Director pursuant to subsection 192(7) of the CBCA in respect of the Articles of Arrangement;

  • Informal resolution means options for resolving a formal complaint that do not involve a full investigation and adjudication. Informal resolution may encompass a broad range of conflict resolution strategies, including mediation or restorative justice.

  • Master Resolution means the Amended and Restated Master Resolution Establishing The University of Texas System Revenue Financing System adopted by the Board on February 14, 1991, as amended on October 8, 1993, and August 14, 1997.

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

  • Series Resolution means a resolution of the Corporation authorizing the issuance of a Series of Bonds in accordance with the terms and provisions of the General Trust Indenture, adopted by the Corporation in accordance with Section 204 of the General Trust Indenture.

  • Clinical supervisor means any of the following:

  • Regional Board means a California regional water quality control board.

  • resolution power means a power referred to in Articles 63 to 72;

  • Kyoto Protocol means the protocol to the UNFCCC adopted at the Third Conference of the Parties to the UNFCCC in Kyoto, Japan on 11 December 1997 as may be amended;

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

  • Arrangement Resolution means the special resolution of the Company Shareholders approving this Plan of Arrangement to be considered at the Company Meeting.

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

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

  • Ordinary Resolution means a resolution passed by a simple majority of the Members as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general meeting, and includes a unanimous written resolution. In computing the majority when a poll is demanded regard shall be had to the number of votes to which each Member is entitled by the Articles.

  • service delivery and budget implementation plan means a detailed plan approved by the mayor of a municipality in terms of section 53(1) (c) (ii) for implementing the municipality’s delivery of municipal services and its annual budget.