Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.[Reg. K, 68 FR 1159, Jan. 9, 2003] § 211.43 Allocated transfer risk re- serve.(a) Establishment of Allocated Transfer Risk Reserve. A banking institution shall establish an allocated transfer risk reserve (ATRR) for specified inter- national assets when required by the Board in accordance with this section.(b) Procedures and standards—(1) Joint agency determination. At least annually, the Federal banking agencies shall de- termine jointly, based on the standards set forth in paragraph (b)(2) of this sec- tion, the following:
Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.
Transfer risk means the possibility that an asset cannot be serviced in thecurrency of payment because of a lack of, or restraints on the availability of,needed foreign exchange in the country of the obligor.§ 347.303 Allocated transfer risk reserve.(a) Establishment of Allocated Transfer Risk Reserve. A bankinginstitution shall establish an allocated transfer risk reserve (ATRR) forspecified international assets whenrequired by the FDIC in accordance with this section.(b) Procedures and standards —(1)Joint agency determination. At leastannually, the federal banking agencies shall determine jointly, based on thestandards set forth in paragraph (b)(2) of this section, the following:
Examples of Transfer risk in a sentence
Risk Transfer Risk transfer applies where money is held by Us as agent of a relevant insurer in accordance with a written agreement with that insurer.
For the avoidance of doubt, the Parties are not obliged to Schedule, deliver and accept the Contract Quantity of electricity under this Agreement, however the Parties shall Schedule, deliver and accept the Contract Quantity of Certificates in accordance with § 10 (Primary Obligations For Delivery and Acceptance of Certificates) and § 11 (Transfer, Risk and No Encumbrances of Certificates).
Risk Transfer Risk transfer applies where money is held by Us as an agent of a relevant insurer in accordance with a written agreement with that insurer.
Risk Transfer Risk transfer applies where money is held by Us as the agent of a relevant insurer in accordance with a written agreement with that insurer.
Partner will make best efforts to provide Entrust with relevant information and cooperate with Entrust in performing any Transfer Risk Assessment required to ensure compliance with this DPA, including the EU Standard Contractual Clauses attached to this DPA.
More Definitions of Transfer risk
Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.[49 FR 5592, Feb. 13, 1984, as amended at 49FR 12197, Mar. 29, 1984; 58 FR 46076, Sept. 1,1993]
Transfer risk means the possibility that an asset cannot be serviced in the currency of payment because of a lack of, or restraints on the availability of, needed foreign exchange in the country of the obligor.[61 FR 19532, May 2, 1996, as amended at 63FR 57048, Oct. 26, 1998; 73 FR 22251, Apr. 24,2008]
Transfer risk shall have the meaning specified in paragraph 3(b).
Transfer risk. ( ) means a risk which is transferred from one party to another party by the use of risk management techniques;
Transfer risk shall have the meaning set forth in Section 4.02(b). “U.S.” or “United States” shall mean the United States of America.
Transfer risk means the failure to pay in whole or part a scheduled installment of principal or interest due under a Credit Agreement or a Note that is directly and primarily caused by (i) the inability of the Borrower and the Guarantors, if any, to obtain U.S. Dollars in a lawful market of the Borrower’s Country, or (ii) the inability of the Borrower and the Guarantors, if any, to effect the transfer of U.S. Dollars lawfully obtained directly or indirectly to the Lender in the United States; provided that in either case (A) if the Borrower or any Guarantor, as the case may be, is a Non-Bank Obligor, such Borrower or Guarantor has made a Local Currency Deposit or (B) if the Borrower or any Guarantor, as the case may be, is a Bank Obligor, such Borrower or Guarantor has made a Timely Currency Application; provided further such Local Currency Deposit or Timely Currency Application, as the case may be, shall not be required if a Governmental Authority or other civilian or military authority in de facto control of the Borrower’s Country has applied or imposed any law, order, decree, or regulation having the force of law that prevents such Local Currency Deposit or Timely Currency Application, as the case may 7 Commitment fees, bank letter of credit fees, and other recurring bank fees are not financeable under the Credit. be, from being made. For the avoidance of doubt, Transfer Risk shall not include or cover a devaluation, revaluation or fluctuation of any other kind in the value of any currency.
Transfer risk means the risk that a borrower may not be able to secure foreignexchange to service its external obligations. For example, the borrowers in the country may not be able to convert their funds from local currency into foreign currency to repay/ meet external obligations.