Replacement Capital definition

Replacement Capital means the purchase of existing shares in a company from an earlier investor or shareholder;
Replacement Capital. ’ means shares or other securities issued by HBOS or shares or other securities issued by a Subsidiary or other entity which would, under the then generally accepted accounting practice in the U.K., qualify as at the date thereof for treatment as a minority interest or shareholders’ funds in HBOS’s accounts.
Replacement Capital means ordinary shares and/or Parity Obligations issued for the purpose of funding the redemption of the Class B Preference Shares.

Examples of Replacement Capital in a sentence

  • Replacement Capital expenditure —‘Repex’ - The non-demand driven capex to replace an asset with its modern equivalent where the asset has reached the end of its economic life..

  • The clinical buildings are valued at "Replacement Capital Value", which is defined as the cost to replace buildings constructed at current building costs with current materials on a greenfield site.

  • Capitalized terms used in this Replacement Capital Covenant (including the Recitals) have the meanings set forth in Schedule I hereto.

  • From and after the Termination Date, the obligations of the Corporation pursuant to this Replacement Capital Covenant shall be of no further force and effect.

  • FISCAL NOTE: To be paid from Waterline Replacement Capital Funds.


More Definitions of Replacement Capital

Replacement Capital means ordinary shares and/or other securities which constitute obligations of the Issuer ranking pari passu with the Subordinated Notes issued for the purpose of funding the redemption of the Subordinated Notes.
Replacement Capital means the purchase of existing shares in a company from another private equity investment organisation or from another shareholder or shareholders. Replacement capital is also called secondary purchase;
Replacement Capital means shares or other securities issued by the Guarantor or a Subsidiary or other entity which would, under the then generally accepted accounting principles in Ireland, qualify as at the date thereof for treatment as a minority interest or shareholders’ funds in the Guarantor’s accounts;
Replacement Capital means shares or other securities issued by the Guarantor or a Subsidiary or other entity which would, under the then generally accepted accounting principles in Ireland, qualify as at the date thereof for treatment as a minority interest or within shareholders’ funds in the Guarantor’s accounts;
Replacement Capital means shares, securities or other obligations as are mentioned in
Replacement Capital. ’ means stock issued by Bank of Scotland or shares or other securities issued by a Subsidiary which would, under then generally accepted accounting practice in the United Kingdom, qualify for treatment as a minority interest or proprietors’ funds in Bank of Scotland’s consolidated accounts;
Replacement Capital means Shares and/or Parity Obligations issued for the purpose of funding the redemption of the Capital Securities.