Related Definitions
- Conversion monetary institution
- combined economic holding team
- financial carrying business
- Receivables Resource
- Special purpose Securitization Subsidiary
- Ties Money Transactions
- securities financing deal
- Common carrying business
- Bank Holding Team
Aames Funding Business intentions to vigorously safeguard these matters in case a class is authoritative and you may is out there towards the merits, the possibility responsibility could have a material bad connect with for the providers from Aames Financial support Firm, Aames Financial Agency and you can Aames Money Organization.
Because data was at an early stage, Aames Investment Enterprise do not assume the results of your own study and you can their perception, or no, into the Aames Resource Company, Aames Economic Agency otherwise Aames Capital Enterprise.
To the parece Financial Agency received a municipal Investigative Consult and you may See to help you Proceed about Work environment of the Attorneys General out of Iowa one to, however alleging any wrongdoing, sought for data and analysis based on Aames Financial Organization’s organization and you may financing practices into the Iowa.
Into es Financial Organization, a wholly-possessed subsidiary from Aames Investment Agency, and the father or mother out-of Aames Financial support Agency and Aames Funding Agency, acquired a municipal Investigative Request (“CID”) on the Federal Trading Percentage (new “FTC”) one to, however alleging any wrongdoing, wanted files and data per Aames Financial Corporation’s business and you can financing methods.
Because the study was at an initial phase, Aames Financing Company dont expect the results of your study and you may the impression, if any into Aames Monetary Organization’s company during the Iowa or into Aames Capital Corporation otherwise Aames Investment Organization.
Aames Financial Organization provides cooperated and you may intentions to consistently cooperate completely towards the Place of work of the Lawyer General out of Iowa within the so it study.
About advantageous link Aames Economic
combined monetary carrying team means a combined financial holding providers since discussed inside point (21) out-of Blog post cuatro(1) off Control (EU) Zero ;
economic holding team form an economic holding organization just like the laid out inside the section (20) from Post cuatro(1) away from Regulation (EU) Zero ;
Special-purpose Securitization Subsidiary function (i) a primary otherwise secondary Subsidiary of Borrower established in partnership with an allowable Securitization Resource towards purchase of Securitization Possessions or passions therein, and you can that’s prepared you might say (because influenced by the new Debtor into the good faith) intended to slow down the possibilities so it might be substantively consolidated which have Holdings (ahead of an experienced IPO), new Debtor or any of the Subsidiaries (except that Special purpose Securitization Subsidiaries) even in the event Holdings (in advance of a qualified IPO), the latest Debtor otherwise these Subsidiary will get at the mercy of a heading according to the U.S. Personal bankruptcy Code (and other insolvency laws) and you can (ii) people part out of a new Mission Securitization Subsidiary.
Common carrying providers means name due to the fact outlined in the section 10(o) of the home owners’ mortgage operate, section 64, headings III and you can IX off Personal Legislation 101-73, twelve U.S.C. 1467a, and OTS laws and regulations ruling shared holding people.
Bank Carrying Business mode a pals registered therefore towards the Board regarding Governors of Federal Set aside Program pursuant to twelve You.S.C. 1842 plus the regulations of Board out-of Governors of the Federal Set aside Program thereunder.
Qualified CFC Carrying Team function a completely Owned Subsidiary of your own Issuer which is a restricted liability organization, the key advantage from which consists of Equity Passions in a choice of (i) a different Subsidiary otherwise (ii) a finite accountability organization an important resource from which consists of Security Appeal inside the a foreign Part.
Carrying Team Deal means the new occurrence out-of (a) any exchange (plus, without limit, people order, merger otherwise combination) the result of that’s one to a person otherwise group during the meaning of Area thirteen(d) of Securities Exchange Act off 1934, due to the fact revised, (i) becomes the new lead or indirect greatest beneficial holder, due to the fact laid out within the Signal 13d-step three under you to Act, out-of prominent security of Issuer symbolizing more than 50% of voting strength of an excellent Popular Stock otherwise (ii) is actually if not required to consolidate new Issuer to own reason for essentially recognized bookkeeping principles in the us, otherwise (b) people integration otherwise merger of Issuer or equivalent deal or one product sales, book and other transfer in a single transaction otherwise a number of relevant transactions of all of the otherwise dramatically every consolidated assets of the Issuer and its subsidiaries, taken as a whole, to the Person apart from among the Issuer’s subsidiaries; provided that, in the case of both clause (a) otherwise (b), the latest Issuer or the Acquiror was or will get a bank Carrying Providers or Deals and you may Mortgage Holding Company.
CFC Carrying Company function one Residential Subsidiary you to definitely has no material property (yourself or ultimately) other than Security Appeal and you will obligations of just one or more CFCs or Domestic Subsidiaries that will be on their own CFC Holding Companies.
Intermediate Holding Business means people Part from Holdings (at which Holdings, myself otherwise ultimately, possess 100% of your own given and the Collateral Appeal) that, truly or ultimately, possesses 100% of one’s given and you may a great Equity Appeal of Head Debtor.
Foreign Subsidiary Carrying Team mode people Home-based Subsidiary that’s a direct father or mother of one or higher Foreign Subsidiaries and you will holds, really otherwise ultimately, not one possessions aside from Security Interests out of Overseas Subsidiaries and you can other de- minimis assets related thereto.