Examples of Aames Financial inside the a phrase

Relevant Meanings

• Transformation finance company
• mixed financial holding team
• economic holding business
• Receivables Financing
• Special purpose Securitization Subsidiary
• Securities Financing Purchases
• bonds funding purchase
• Mutual holding team
• Bank Carrying Business

Aames Resource Firm intends to strenuously protect these exact things however if a class is official and you can prevails toward merits, the possibility accountability might have a content unfavorable affect towards the company from Aames Capital Business, Aames Monetary Corporation and you may Aames Money Business.

Due to the fact study was at an initial phase, Aames Investment Firm don’t predict the outcomes of the study and you will its impact, if any, for the Aames Investment Company, Aames Monetary Corporation or Aames Capital Firm.

For the es Monetary Business received a municipal Investigative Demand and Notice to help you Go-ahead regarding Work environment of Attorney General out of Iowa that, however alleging people wrongdoing, sought data files and you will studies in accordance with Aames Economic Organization’s organization and you may credit strategies when you look at the Iowa.

Towards the parece Financial Company, an entirely-owned subsidiary out-of Aames Resource Organization, and moms and dad away from Aames Financing Business and you can Aames Investment Corporation, received a civil Investigative Consult (“CID”) about Federal Change Payment (brand new “FTC”) that, although not alleging people wrongdoing, sought files and you will research relating to Aames Economic Corporation’s providers and you may financing means.

Since studies is at an early stage, Aames Investment Firm never anticipate the results of research and you may the feeling, if any for the Aames Economic Corporation’s organization into the Iowa or to the Aames Financing Organization otherwise Aames Financing Agency.

Aames Economic Organization have cooperated and you will intentions to always work completely towards the Work environment of your Attorney General of Iowa for the this data.

About Aames Economic

mixed economic holding organization setting a mixed financial holding organization since discussed inside the point (21) out of Article cuatro(1) of Controls (EU) No ;

economic carrying providers form a financial carrying organization as laid out inside the point (20) out of Post 4(1) from Controls (EU) No ;

Special-purpose Securitization Subsidiary means (i) an immediate otherwise secondary Part of your Borrower created in connection having a permitted Securitization Investment for the purchase of Securitization Property or hobbies therein, and you will which is structured in a sense (once the dependent on the newest Debtor in good faith) meant to slow down the possibilities it might possibly be substantively consolidated which have Holdings (before an experienced IPO), the new Debtor otherwise the Subsidiaries (apart from Special-purpose Securitization Subsidiaries) even in the event Holdings (prior to an experienced IPO), the brand new Debtor otherwise any such Part gets at the mercy of a going beneath the U.S. Bankruptcy Code (or other insolvency legislation) and (ii) people part out of another Goal Securitization Part.

Common holding providers means that term due to the fact discussed from inside the area 10(o) of the house owners’ financing work, chapter 64, titles III and IX from Public Law 101-73, twelve You.S.C. 1467a, and OTS legislation ruling shared carrying enterprises.

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Lender Holding Team means a pals joined as such into Board regarding Governors of your Government Reserve System pursuant in order to a dozen You.S.C. 1842 and laws and regulations of the Board from Governors of your Government Reserve Program thereunder.

Certified CFC Carrying Organization setting a completely Owned Subsidiary of Issuer that’s a small responsibility team, the main resource of which contains Guarantee Interests in both (i) a different Subsidiary or (ii) a limited liability team the key house of which contains Security Passions inside the a foreign Part.

Carrying Providers Transaction setting the new occurrence from (a) people deal (along with, instead maximum, one order, merger otherwise combination) caused by which is you to definitely a person or group from inside the concept of Part thirteen(d) of your Bonds Change Work off 1934, just like the amended, (i) gets the latest lead otherwise indirect greatest of good use proprietor, given that discussed in the Laws 13d-step three around one to Act, off preferred equity of the Issuer symbolizing more fifty% of the voting energy of the the Popular Inventory otherwise (ii) is actually otherwise necessary to consolidate this new Issuer to own reason for fundamentally recognized accounting values in the us, otherwise (b) people combination or merger of your Issuer otherwise similar transaction or people marketing, lease or any other import in one purchase otherwise several associated deals of all or significantly the consolidated property of the Issuer and its particular subsidiaries, as a whole, to virtually any Person besides one of many Issuer’s subsidiaries; so long as, in the example of either term (a) otherwise (b), the Issuer or even the Acquiror was or becomes a lender Holding Providers or Savings and you can Loan Carrying Providers.

CFC Holding Company mode one Home-based Subsidiary you to definitely has zero material possessions (truly otherwise indirectly) other than Equity Passions and you will obligations of a single or maybe more CFCs otherwise Home-based Subsidiaries which can be themselves CFC Holding People.

Intermediate Carrying Providers mode any Subsidiary away from Holdings (from which Holdings, actually or ultimately, possess 100% of one’s awarded and you can a good Collateral Welfare) one to, really or ultimately, owns 100% of your approved and you can an excellent Collateral Appeal of the Head Borrower.

Overseas Subsidiary Holding Organization means any Domestic Part that is good head mother or father of a single or higher Overseas Subsidiaries and you will retains, personally or ultimately, not any other assets aside from Guarantee Interests off International Subsidiaries and you will most other de- minimis possessions related thereto.