UK Bank definition

UK Bank means a Bank which is within the charge to UK corporation tax in respect of, and is beneficially entitled to, a payment of interest on a Facility made by a person that was a bank for the purposes of Section 349 of the Income and Corporation Taxes Act 1988 (as currently defined in Section 840A of the Income and Corporation Taxes Act 1988) at the time a Facility was made available.
UK Bank means a Lender (a) which is a bank (as defined for the purpose of Section 879 of the Income Tax Act 2007) making an advance under a Loan Document, or (b) in respect of an advance made under a Loan Document by a person that was a bank (as defined for the purpose of Section 879 of the Income Tax Act 2007) at the time that the advance was made, and in each case which is within the charge to United Kingdom corporation tax as respects any payments of interest made in respect of that advance.
UK Bank means a UK institution which has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits, but excludes—

Examples of UK Bank in a sentence

  • Bank of Scotland, Barclays Bank UK, HSBC UK Bank, Lloyds Bank, National Westminster Bank, Royal Bank of Scotland and Ulster Bank are the ringfenced banks that now only conduct lower risk retail banking activities.

  • Exchange Act”), during 2012 a U.K. subsidiary of ours provided certain limited disaster recovery services and hosted co-location of some hardware at our premises in London for Bank Saderat PLC, a bank incorporated and based in the U.K. Bank Saderat PLC is identified on the U.S. Treasury Department’s List of Specially Designated Nationals and Blocked Persons pursuant to Executive Order No. 13224.

  • Lines are open 08:30 – 17:30 Monday to Friday, excluding weekends and UK Bank Holidays.

  • The support consultants shall have the following roles and responsibilities: ● Assisting the Customer and supplier users with queries from 08:30 to 17:00 Monday to Friday (excluding standard UK Bank Holidays).

  • In the UK, Bank of Ireland is authorised by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority.


More Definitions of UK Bank

UK Bank means each Bank or its UK branch or Affiliate with a Sterling Commitment from time to time hereunder.
UK Bank means JPMorgan, Barclays Bank, Citibank, RBC and certain other additional Banks, each acting through their respective UK branch or Affiliate (if not a UK resident financial institution), with a Sterling Commitment from time to time hereunder.
UK Bank means a Bank which is:
UK Bank means a bank that is carrying on a bona fide banking business in the United Kingdom as recognized by the United Kingdom's Inland Revenue.
UK Bank means a UK institution which has permission under Part 4A of the Financial Services and Markets Act 2000 to carry on the regulated activity of accepting deposits but which is not an excluded deposit taker;
UK Bank means HSBC Bank Plc.