UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.
UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any Person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.
UK Financial Institution. Any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.
Examples of UK Financial Institution in a sentence
The Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.
More Definitions of UK Financial Institution
UK Financial Institution. “Affiliate” means, with respect to any Person, any other Person who is directly or indirectly controlling, controlled by or under common control with such Person. A Person shall be deemed to control another Person if such Person possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of the controlled Person, whether through the ownership of stock or its
UK Financial Institution means any BRRD Undertaking (as such term is definedunder the PRA Rulebook (as amended form time to time) promulgated by the United KingdomPrudential Regulation Authority) or any person subject to IFPRU 11.6 of the FCA Handbook (asamended from time to time) promulgated by the United Kingdom Financial Conduct Authority, whichincludes certain credit institutions and investment firms, and certain affiliates of such credit institutionsor investment firms.“UK Resolution Authority” means the Bank of England or any other publicadministrative authority having responsibility for the resolution of any UK Financial Institution.“Unrestricted Subsidiary” means (a) any Subsidiary of the Borrower that at the time ofdetermination is an Unrestricted Subsidiary (as designated by the Borrower, as provided below) and (b)any Subsidiary of an Unrestricted Subsidiary. The Unrestricted Subsidiaries as of the Closing Date arelisted in Schedule 1.01(a).So long as no Default has occurred and is continuing, the Borrower may designate anyRestricted Subsidiary of the Borrower (including any existing Restricted Subsidiary and any newlyacquired or newly formed Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary or any ofits Subsidiaries owns any Equity Interests or Indebtedness of, or owns or holds any Lien on, anyproperty of, the Borrower or any Subsidiary of the Borrower (other than any Subsidiary of theSubsidiary to be so designated); provided that (i) any Unrestricted Subsidiary must be an entity of whichshares of the capital stock or other equity interests (including partnership interests) entitled to cast atleast a majority of the votes that may be cast by all shares or equity interests having ordinary votingpower for the election of directors or other governing body are owned, directly or indirectly, by theBorrower, (ii) such designation complies with Section 6.07 and (iii) each of (A) the Subsidiary to be sodesignated and (B) its Subsidiaries has not at the time of designation, and does not thereafter, create,incur, issue, assume, guarantee or otherwise become directly or indirectly liable with respect to anyIndebtedness pursuant to which the lender has recourse to any of the assets of the Borrower or anyRestricted Subsidiary.The Borrower may designate any Unrestricted Subsidiary to be a Restricted Subsidiary;provided that, immediately after giving effect to such designation no Default shall have occurred and becontinuing and the Borrower could incur at least $1.00...
UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU
UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom
UK Financial Institution has the meaning specified in Section 8.15.
UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation
UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. “Unfinanced Capital Expenditures” means, for any period, Capital Expenditures of Parent and its Restricted Subsidiaries made during such period, except to the extent financed with the proceeds of Capitalized Lease Obligations or other Permitted Indebtedness, equity issuances, casualty proceeds, condemnation proceeds, asset sale proceeds, or other proceeds that would not be included in Consolidated EBITDA; provided, that the aggregate amount of Unfinanced Capital Expenditures during such period may not be less than zero. “Unreimbursed Amount” has the meaning specified therefor in Section 2.11(e)(i) of the Agreement. “United States”, “U.S.” or “US” means the United States of America. “Unrestricted Subsidiary” means (a) any Subsidiary of Parent that the Borrowers designate as an Unrestricted Subsidiary in a notice (including via email) to the Administrative Agent and (b) each Subsidiary of an Unrestricted Subsidiary; provided that, no Unrestricted Subsidiary may own any assets (i) of the type included in the Borrowing Base or (ii) which are ABL Priority Collateral; provided, further, that in the case of clause (a) above, (i) such designation shall be deemed to be an Investment on the date of such designation in an amount equal to the fair market value of the investment therein (as determined in good faith by the Borrowers) and such designation shall be