Basle Accord definition

Basle Accord means the proposals for risk-based capital framework described by the Basle Committee on Banking Regulations and Supervisory Practices in its paper entitled "International Convergence of Capital Measurement and Capital Standards" dated July 1988, as amended, supplemented and otherwise modified and in effect from time to time, or any replacement thereof.

Basle Accord means the proposals for risk-based capital framework described by the Basle Committee on Banking Regulations and Supervisory Practices in its paper entitled "International Convergence of Capital Measurement and Capital Standards" dated July 1988, as amended, modified and supplemented and in effect from time to time or any replacement thereof.

Basle Accord means the proposals for risk-based capital framework described by the Basle Committee on Banking Regulations and Supervisory Practices in its paper entitled "International Convergence of Capital Measurement and Capital Standards" dated July 1988, as amended, modified and supplemented and in effect from time to time or any replacement thereof. Each Participant shall notify Lessee of any event occurring after the date of this Lease that will entitle such Participant to compensation under the preceding two Paragraphs as promptly as practicable, but in any event within thirty (30) days, after such Participant obtains actual knowledge thereof; provided, that (i) if such Participant fails to give such notice within thirty (30) days after it obtains actual knowledge of such an event, such Participant shall, with respect to compensation payable pursuant to the preceding two Paragraphs in respect of any costs resulting from such event, only be entitled to payment under the referenced Paragraphs for costs incurred from and after the date thirty (30) days prior to the date that such Participant does give such notice, and (ii) such Participant will designate a different lending office for the Interest if such designation will avoid the need for, or reduce the amount of, such compensation and will not, in the sole opinion of such Participant, be disadvantageous to such Participant. Each Participant will furnish to Lessee a certificate setting forth the basis and amount of each request by such Participant for compensation under the preceding two Paragraphs. Determinations and allocations by each Participant for purposes of the preceding two Paragraphs shall be conclusive, absent manifest error.

Examples of Basle Accord in a sentence

• A foreign banking organization whose home country supervisor has not adopted capital standards consistent in all respects with the Basle Accord shall obtain a determination from the Board that its capital is equivalent to the capital that would be required of a U.S. banking organization under paragraph (r)(1) of this section.(ii) Branches and agencies.

• The new proposals for the revision of the Basle Accord remedy this shortcoming through the implementation of discriminatory risk-weightings across rating categories.

• According to the 1988 Basle Accord contractually fixed liquidity support on part of the sponsoring or managing bank represents a commitment to lend which is subjected to adamant risk weightings in correspondence to its maturity.

• The Company shall have delivered to such Purchaser a certificate of its Secretary or Assistant Secretary, dated the date of such Closing, certifying as to (i) the resolutions attached thereto and other limited liability company proceedings relating to the Cleco Power LLC Note Purchase Agreement authorization, execution and delivery of the Notes and this Agreement and (ii) the Company’s organizational documents as then in effect.

• The envisaged scrutiny of internal credit risk assessment presented in the new Basle Accord does not only probe a comprehensive examination of the bank-based computation of capital requirements of loan books as to the explicit treatment internal rating mechanisms.

More Definitions of Basle Accord

Basle Accord shall have the meaning given to such term in Section 5.01(c) hereof.

Basle Accord. ’ means the paper entitled ‘‘International Convergence of Capital Measurement and Capital Standards’’ dated July 1988 and prepared by the Basle Committee on Banking Regulations and Supervision, as amended in November 1991 ;

Basle Accord shall have the meaning attributed thereto in ss.3.01(c) hereto.

Basle Accord means the proposals for risk-based capital

Basle Accord has the meaning set forth in SECTION 5.01(C).

Basle Accord means Basel II.

Basle Accord means the statement of the Basle Committee on Banking ------------ Regulations and Supervisory Practices dated July 1988 and entitled "International Convergence of Capital Measurement and Capital Standards", as amended, modified, supplemented, restated or replaced.