Capital Requirement. Party A shall fail to maintain capital in the amount consistent with its financial program as represented to the Relevant Rating Agencies. For the purposes of the foregoing Additional Termination Event, Party A shall be the Affected Party.
Capital Requirement. You confirm that your commitment hereunder will not result in any violation of Section 8(b) or 15(c) of the Securities Exchange Act of 1934 or the rules and regulations thereunder, including Rule 15c3-1, or any provision of any applicable rules of any securities exchange to which you are subject or of any restriction imposed upon you by such exchange.
Capital Requirement. (a) General Motors shall take such actions as may be required so that at the Closing (or the Second Closing if the Fincos Shares are transferred at the Second Closing) (i) the Leverage Ratio of the Fincos is not less than 12% on a consolidated basis (the “Target Ratio”) and (ii) each Xxxxx has the minimum level of equity required by applicable Law.
Capital Requirement. If either (a) the introduction of, or any change in, or in the interpretation of, any Applicable Law or (b) compliance with any guideline or request from any central bank or comparable agency or other Governmental Authority (whether or not having the force of law), has or would have the effect of reducing the rate of return on the capital of, or has affected or would affect the amount of capital required to be maintained by, any Lender or any corporation controlling any Lender as a consequence of, or with reference to the Revolving Commitment of any Lender and other commitments of this type, below the rate which such Lender or such other corporation could have achieved but for such introduction, change or compliance, then within five (5) Business Days after written demand by such Lender, the Borrower shall pay to such Lender from time to time as specified by such Lender additional amounts sufficient to compensate such Lender or other corporation for such reduction. A certificate as to such amounts submitted to the Borrower by such Lender shall be conclusively presumed to be correct, absent manifest error.
Capital Requirement. Pursuant to CRD4, Danish banks and mortgage-credit institutions must from now on, as previously, live up to a basic capital requirement of at least 8 per cent of the risk-weighted assets (minimum capital requirement). From now on, the Common Equity Tier 1 capital (share capital) must comprise at least 4.5 per cent of risk-weighted assets, after a transitional period. Previously, this type of capital should only comprise at least 2 per cent, and the previous definition also permitted the inclusion of capital of lower quality than that permitted in the new definition. The Tier 1 capital which, in addition to Common Equity Tier 1 capital, also includes Additional Tier 1 capital (hybrid capital), should in the future amount to at least 6 per cent of risk-weighted assets. The current requirement is at least 4 per cent. In addition to changes to the minimum capital requirement, a capital conservation buffer is to be introduced which must constitute 2.5 per cent of risk-weighted assets out of Common Equity Tier 1 capital. In addition, the implementation of a countercyclical capital buffer is also required. The countercyclical capital buffer can be set by national authorities during periods of above- normal loan growth in the economy. With the countercyclical capital buffer, the institutions can be ordered to have up to 2.5 per cent of extra Common Equity Tier 1 capital in relation to the basic capital requirement.
Capital Requirement. At all times the Bank shall maintain a “Well-Capitalized” status per the minimum regulatory requirements to be considered well-capitalized.
Capital Requirement. 29 SECTION 3.8 Taxes.......................................................................................29 SECTION 3.9
Capital Requirement. At all times the sum of Bank’s Equity Capital (Tier 1 Capital as defined by regulatory agencies) shall maintain a “well capitalized” status for regulatory purposes.
Capital Requirement. If any Lender determines that any Change in Law affecting such Lender or any lending office of such Lender or such Lender’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of such Lender’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by such Lender, to a level below that which such Lender or its holding company could have achieved but for such Change in Law (taking into consideration such Xxxxxx’s policies and the policies of its holding company with respect to capital adequacy) then, from time to time, the Borrowers will pay to such Lender such additional amount or amounts as will compensate such Lender or its holding company, as the case may be, for any such reduction suffered.
Capital Requirement. The Counterparty shall fail to maintain capital in the amount required by its financial program as represented to the Relevant Rating Agencies.
