Capital Rule definition

Capital Rule means Parts 930 through 933 of the Regulations, as amended from time to time.
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Capital Rule means Part 930, Part 932 and Part 1277 of the Regulations, as amended from time to time.
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Examples of Capital Rule in a sentence

  • Not later than the ninetieth (90th) day following Closing, Apollo shall deliver to the Sellers a written statement (the “Closing Statement”) setting forth a calculation of the Closing Regulatory Capital (prepared in accordance with the definitions and principles of the SEC Uniform Net Capital Rule 15c3-1) and the Closing Net Working Capital (prepared in accordance with the Accounting Principles), in each case, for the avoidance of doubt, after giving effect to the Pre-Closing Restructuring Transactions.

  • Any potential write down of intangible assets of the Company’s independent office in Long Island would not adversely affect the Company’s Net Capital requirements pursuant to the Net Capital Rule, as of December 31, 2007.

  • In accordance with the SEC Net Capital Rule (Rule 15c3-1) and for the purposes of the Securities Investor Protection Act and the SEC’s financial responsibility rules, Correspondent will be treated as a client of Ridge.

  • The Company is not currently in violation of the Net Capital Rule (Rule 15c3-1) under the Securities Exchange Act of 1934.

  • Subject to the terms hereof, neither this Indenture nor the Securities shall be subject to cancellation by the Company or the Holders nor shall the same be terminated, rescinded or modified by mutual consent or otherwise (i) without the prior written consent of the Exchange or (ii) if the effect thereof would be inconsistent with the requirements of the Net Capital Rule (or the net capital regulations under the Commodity Exchange Act).

  • Financial institutions are subject to capital adequacy pursuant to the Basel III Capital Rule set forth by the Basel Committee on Banking Supervision.

  • As of the date of determination, that percentage of net capital to aggregate debit items of any entity subject to the Net Capital Rule 15c3-1 promulgated by the Securities Exchange Commission pursuant to the Securities Exchange Act of 1934 and any successor or replacement rule or regulation therefor.

  • Permit Excess Net Capital to be less than the greater of (x) $25,000,000 and (y) an amount equal to 25% of the actual amount of Net Capital required to be maintained by optionsXpress at such time pursuant to the Net Capital Rule.

  • Permit any violation of the Net Capital Rule by any CSFB Broker-Dealer to remain uncured for 5 days after the Borrower obtains knowledge of such violation.

  • In accordance with the SEC Net Capital Rule (Rule 15c3-1) and for the purposes of the Securities Investor Protection Act and the SEC's financial responsibility rules, the introducing fin-n's customers (your customers) are treated as customers of the clearing firm (USC) and not of the introducing firm.

Related to Capital Rule

  • Common Equity Tier 1 Capital Ratio means (at any time):

  • Capital Adequacy Rule means any law, rule, regulation, guideline, directive, requirement or request regarding capital adequacy, or the interpretation or administration thereof by any governmental or regulatory authority, central bank or comparable agency, whether or not having the force of law, that applies to any Related Lender. Such rules include rules requiring financial institutions to maintain total capital in amounts based upon percentages of outstanding loans, binding loan commitments and letters of credit.

  • Rule Change means the changing of fund rules by varying or deleting existing rules and adding new rules.

  • ▇▇▇▇▇▇▇ Rule means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder.

  • Capital Base means capital as specified by the central bank from time to time;