Buffer Capital definition
Examples of Buffer Capital in a sentence
The minimum amount of Buffer Capital is €500,000 and the maximum amount is €20,000,000.
The Buffer Capital serves to cover unforeseen and unusual risks and the costs of Unilever APF insofar as these cannot be charged to the schemes as administration costs.
If such insurance is not applicable the Buffer Capital amounts to at least 0.3% of the total pension capital.
Tier 1 Buffer Capital Notes issued nil paid by the Issuer (the “U.S.$ Tier 1 BCNs”) and the CHF2,500,000,000 9 per cent.
The Tier 1 Buffer Capital Notes (“Tier 1 BCNs”) are issued by Credit Suisse Group (Guernsey) II Limited (the “Issuer”), and are subject to these terms and conditions (the “Conditions”) and the detailed provisions of the pricing schedule relating to the Tier 1 BCNs (the “Pricing Schedule”).
Tier 1 Buffer Capital Notes issued nil paid by the Issuer (the “CHF Tier 1 BCNs” and, together with the U.S.$ Tier 1 BCNs, the “Nil-Paid Tier 1 BCNs”), in each case guaranteed by CSG, and subscribed by the Investor.
Tier 1 Buffer Capital Notes (the “New Tier 1 BCNs”) in exchange for delivery by the Investor to, or to the order of, CSG of the Relevant Tier 1 BCNs and the Relevant Hybrid Securities.