OpenLegislation

Division 2 Definitions

United Kingdom

Original text. Later amendments are not shown.

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:

TermMeaning
Commitmentsmean the undertakings related to the restructuring of FIH set out in this Term Sheet
Decisionmeans 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 Periodis the time period specified in clause 3.2
Restructuring Planmeans 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 GroupFIH Erhvervsbank A/S including subsidiaries
FIH HoldingFIH Holding A/S
FIH Holding GroupFIH Holding A/S including direct and indirect subsidiaries
FS Property Finance A/SThe wholly owned subsidiary of the Financial Stability Company FSC, also referred to in the decision as ‘Newco’.
Acquisition FinanceThe 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.