Examples of Common Equity Tier 1 Capital Ratio in a sentence
If a Write Down Event has occurred any Write Down Measures that are being applied shall apply until the Common Equity Tier 1 Capital Ratio of the Borrower is not less than 5.125 per cent.
A "Trigger Event" occurs if, at any time, the common equity tier 1 capital ratio pursuant to Article 92(1)(a) CRR or any successor provision thereto, determined on a consolidated basis (the "Common Equity Tier 1 Capital Ratio") falls below 5.125 per cent.
For such purpose, the total amount of the write-downs and conversions to be allocated pro rata shall be equal to the amount required to restore fully the Common Equity Tier 1 Capital Ratio of the Issuer to the Minimum CET1 Ratio but shall not exceed the sum of the nominal amounts of the relevant instruments outstanding at the time of occurrence of the Trigger Event.
Under the Terms and Conditions of the Notes, the nominal amount of the Notes is subject to a write-down ("Write-down") if the Issuer's common equity tier 1 capital ratio pursuant to Article 92(2)(a) of Regulation (EU) No. 575/2013, as supplemented or amended from time to time (Capital Requirements Regulation, "CRR"), determined on a consolidated basis (the "Common Equity Tier 1 Capital Ratio") falls below 5.125% (the "Trigger Event").
For such purpose, the total amount of the write-downs to be allocated pro rata shall be equal to the amount required to restore fully the Common Equity Tier 1 Capital Ratio of the Issuer to the Minimum CET1 Ratio.