UK Resolution Authority definition

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 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 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

  • EEA Resolution Authority working, with respect to any UK Financial Institution, a UK Resolution Authority.


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" has the meaning set forth in Section 2.18 hereof. “Uncertificated Security” has the meaning specified in Section 8-102(a)(18) of the UCC. “Unfunded Amount” means, with respect to any Collateral Loan, as of any date of determination, the unfunded commitment of the Borrower with respect to such Collateral Loan as of such date. “Unfunded Reserve Revolving Required Amount” means, as of any date of determination, an amount equal to: (1) if such date is on or prior to the Facility Termination Date, the aggregate sum of, for each Delayed Drawdown Collateral Loan and each Revolving Collateral Loan included in the Collateral, an amount equal to the difference of (i) the Dollar Equivalent of the Unfunded Amount of such Delayed Drawdown Collateral Loan or Revolving Collateral Loan, minus (ii) the product of (A) the Dollar Equivalent of the Unfunded Amount of such Delayed Drawdown Collateral Loan or Revolving Collateral Loan, times (B) the Loan Value of such Delayed Drawdown Collateral Loan or Revolving Collateral Loan, times (C) the Advance Rate then in effect for such Delayed Drawdown Collateral Loan or Revolving Collateral Loan, in each case, as of such date; and (2) if such date is after the Facility Termination Date, the Revolving Exposure as of such date. “Unrestricted Cash” has the meaning assigned to the term “Unrestricted Cash” or any comparable term defined in the Related Documents for each Collateral Loan, and in any case that “Unrestricted Cash” or such comparable term is not defined in such Related Documents, all cash available for use for general corporate purposes and not held in any reserve account or legally or contractually restricted for any particular purposes or subject to any lien (other than statutory liens, liens of depository institutions and blanket liens permitted under or granted in accordance with such Related Documents). “Unused Fees” has the meaning assigned to such term in the Lender Fee Letter. "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. “U.S. Person” means any Person that is a “...
UK Resolution Authority has the meaning set forth in Section 10.27 hereof.
UK Resolution Authority means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “United States” means the United States of America.
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, if any. “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. “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. “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 powers of the applicable Resolution Authority under the Bail-In Legislation to cancel, reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect o...
UK Resolution Authority means the resolution authority with the ability to exercise any UK Bail-in Powers in relation to a Relevant UK Bail-in Party.
UK Resolution Authority means the Bank of England, acting in its capacity as the United Kingdom resolution authority, or any successor or other entity acting in its capacity as such; "USD" and "dollars" denotes the lawful currency of the United States of America; ''Write-Down" means the reduction or cancellation of all or a portion of a Loan and/or interest on a Loan; and