Division 2 Definitions
United Kingdom
In this document, unless the context requires otherwise, the singular shall include the plural (and vice versa) and the capitalised terms used herein have the following meanings:
| Term | Meaning |
|---|---|
| Commitments | mean the undertakings related to the restructuring of FIH set out in this Term Sheet |
| Decision | means the decision of the European Commission on the restructuring of FIH in the context of which these Commitments are undertaken and to which this Term Sheet is attached |
| Restructuring Period | is the time period specified in clause 3.2 |
| Restructuring Plan | means the plan submitted by FIH to the European Commission, via the Kingdom of Denmark, on 24 June 2013, as amended and supplemented by written communications |
| FIH or FIH Group | FIH Erhvervsbank A/S including subsidiaries |
| FIH Holding | FIH Holding A/S |
| FIH Holding Group | FIH Holding A/S including direct and indirect subsidiaries |
| FS Property Finance A/S | The wholly owned subsidiary of the Financial Stability Company FSC, also referred to in the decision as ‘Newco’. |
| Acquisition Finance | The separate and dedicated business unit with employees solely focusing on financing solutions in connection with mergers and acquisitions, and which was marketed specifically towards existing and potential clients. |