UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any U.K. Financial Institution.
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.
Examples of UK Resolution Authority in a sentence
Upon the exercise of the UK Bail-in Power by the Relevant UK Resolution Authority with respect to the Debt Securities, the Issuer shall provide a written notice to the Holders through DTC as soon as practicable regarding such exercise of the UK Bail-in Power for purposes of notifying Holders and beneficial owners of the Debt Securities of such occurrence.
An EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution Authority.
Each Holder and Beneficial Owner further acknowledges and agrees that the rights of Holders and Beneficial Owners of the Securities are subject to, and will be varied, if necessary, so as to give effect to, the exercise of any U.K. Bail-in Power by the Relevant U.K. Resolution Authority.
The exercise of the UK Bail-in Power by the Relevant UK Resolution Authority with respect to the Debt Securities shall not constitute an Event of Default or a Default.
For the avoidance of doubt, the potential conversion of the Securities into shares, other securities or other obligations in connection with the exercise of any U.K. Bail-in Power by the Relevant U.K. Resolution Authority is separate and distinct from an Automatic Conversion following a Capital Adequacy Trigger Event.
More Definitions of UK Resolution Authority
UK Resolution Authority has the meaning specified in Section 8.15.
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. “Unfunded Liabilities” means, with respect to any Plan at any time, the amount (if any) by which (i) the value of all benefit liabilities under such Plan, determined on a plan termination basis using the assumptions prescribed by the PBGC for purposes of Section 4044 of ERISA, exceeds (ii) the fair market value of all Plan assets allocable to such liabilities under Title IV of ERISA (excluding any accrued but unpaid contributions), all determined as of the then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the ERISA Group to the PBGC or any other Person under Title IV of ERISA. “United States” means the United States of America, including the States and the District of Columbia, but excluding its territories and possessions. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “Voting Stock” means stock (or other interests) of a Corporation having ordinary voting power for the election of directors, managers or trustees thereof, whether at all times or only so long as no senior class of stock has such voting power by reason of any contingency. “Xxxxx Fargo Bank” means Xxxxx Fargo Bank, National Association, and its successors. “Xxxxx Fargo Securities” means Xxxxx Fargo Securities, LLC, and its successors and assigns. “Wholly Owned Subsidiary” means, with respect to any Person at any date, any Subsidiary of such Person all of the Voting Stock of which (except directors’ qualifying shares) is at the time directly or indirectly owned by such Person. “Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail- In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, any ...
UK Resolution Authority means the Bank of England or any other public administrative authority havingresponsibility for the resolution of any UK Financial Institution.“Unadjusted Benchmark Replacement ” means the applicable Benchmark Replacement excluding the applicable Benchmark Replacement Adjustment. “Unaudited Financial Statements ” means the unaudited consolidated balance sheets of Holdings and itssubsidiaries as of March 31, 2020 and June 30, 2020 and related statements of income, stockholders’ equity andcash flows of the Borrower and its subsidiaries for the fiscal quarters ended March 31, 2020 and June 30, 2020, ineach case prepared in accordance with GAAP.“United States ” means the United States of America.“Unlimited Cash Netting Date ” shall mean the date on which the cumulative amount of all CapitalExpenditures made by Holdings and its Subsidiaries after the Closing Date and on or prior to such date is at least$1,000.0 million.“Unrefunded Swingline Loan ” has the meaning assigned thereto in Section 2.04(c) ..“Unrestricted Subsidiary ” shall mean (a) any Subsidiary of the Borrower (whether now owned or acquiredor created after the Closing Date) that the Borrower designates as an Unrestricted Subsidiary in a written notice tothe Administrative Agent;provided that (w) such designation shall be deemed to be an Investment on the date ofsuch designation in an Unrestricted Subsidiary in an amount equal to the sum of (i) Holdings’ direct or indirectequity ownership percentage of the net worth of such designated Subsidiary immediately prior to such designation(such net worth to be calculated without regard to any guarantee provided by such designated Subsidiary) and (ii) theaggregate principal amount of any Indebtedness owed by such designated Subsidiary to Holdings or any otherSubsidiary immediately prior to such designation, all calculated, except as set forth in the parenthetical to clause (i),on a consolidated basis in accordance with GAAP, (x) no Default or Event of Default would result from suchdesignation, (y) such Subsidiary does not own any intellectual property that is material to the Borrower and itsSubsidiaries, taken as a whole and (b) each Subsidiary of an Unrestricted Subsidiary. Any subsidiary of anUnrestricted Subsidiary shall also be an Unrestricted Subsidiary. If, at any time, any of the foregoing requirementsare violated, the applicable Unrestricted Subsidiary shall thereafter cease to be an Unrestricted Subsidiary forpurposes of this Agreement and any Indeb...
UK Resolution Authority. The Bank of England or any other public administrative authority having responsibility for the resolution of any U.K. Financial Institution.
UK Resolution Authority has the meaning set forth in Section 10.27 hereof.
UK Resolution Authority means Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “Unencumbered Assets Coverage Ratio” means, at any time, with respect to the Borrowers the ratio of (a) the sum of the Net Book Value of Eligible Assets of such Persons at such time to (b) the result of (i) the aggregate outstanding amount of unsecured Indebtedness of such Persons at such time (other than Indebtedness consisting of Hedging Obligations), minus (ii) all unencumbered and unrestricted cash held by such Persons in accounts of such Persons on such date of determination. “United States” and “U.S.” mean the United States of America. “Unmatured Event of Default” means an event or condition which with the lapse of time or giving of notice, or both, would constitute an Event of Default. “Unrestricted Subsidiary” means (a) with respect to a Borrower, any Subsidiary identified as an “Unrestricted Subsidiary” of such Borrower in Schedule 9.9 and (b) any Subsidiary that is designated by a Borrower as an “Unrestricted Subsidiary” in accordance with the procedures set forth in Section 10.26. “Unused Fee” means an unused fee payable on the first Principal Payment Date in an amount equal to the Unused Fee Percentage times the daily amount by which the Aggregate Commitment Amount exceeds the Facility Usage. The Unused Fee shall be calculated for the period commencing on the sixtieth (60th) day following the Closing Date to the day before the earlier of the next Principal Payment Date or the end of the Availability Period, as the case may be. “Unused Fee Percentage” means the applicable percentage set forth in the definition of Applicable Margin. “USA Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56, as the same has been, or shall hereafter be, renewed, extended, amended or replaced. “U.S. Government Securities Business Day” means any Business Day, except any Business Day on which any of the Securities Industry and Financial Markets Association, the New York Stock Exchange or the Federal Reserve Bank of New York is not open for business because such day is a legal holiday under the federal laws of the United States or the laws of the State of New York, as applicable. “U.S. Person” means any Person that is a “United States Person” as defined in Section 7701(a)(30) of the Code. “U.S. Special Resolutions Reg...