Hybrid Tier 1 Capital definition

Hybrid Tier 1 Capital means subordinated loan capital that meets the requirements in section 132 of the Danish Financial Business Act.
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Hybrid Tier 1 Capital means, as of any Balance Sheet Date, the aggregate amount, in Swiss francs, of items that constitute hybrid tier 1 capital of the Group as of such Balance Sheet Date, as determined by UBS AG pursuant to the National Regulations applicable to UBS AG as of such Balance Sheet Date, and as (i) disclosed as “hybrid tier 1 capital” in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) may be disclosed as a component of the Reviewed Interim Measurement published upon the instruction of the FINMA on the relevant Extraordinary Publication Date, as applicable.
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Hybrid Tier 1 Capital means loan capital which meets the requirements set out in section 132 of the Danish Financial Business Act.
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Examples of Hybrid Tier 1 Capital in a sentence

  • If this occurs, the Issuer may not have enough assets remaining after these payments to pay amounts due under the Hybrid Tier 1 Capital Notes.The shareholders of the Issuer may, pursuant to Condition 10.2 (Reduction and Cancellation), reduce and cancel part or all of the Outstanding Principal Amount and any Hybrid Capital Arrears of Interest of the Hybrid Tier 1 Capital Notes provided that the requirements set out in Condition 10.2 (Reduction and Cancellation) are met.

  • Hybrid Tier 1 Capital Notes The Issuer may issue Hybrid Tier 1 Capital Notes, which constitute direct, unsecured and subordinated debt obligations of the Issuer and shall at all times rank pari passu without preference among themselves and with all other Hybrid Tier 1 Capital Notes and other capital instruments expressed to be ranking pari passu with Hybrid Tier 1 Capital of the Issuer.

  • In the event of a liquidation or bankruptcy of the Issuer, it will be required to pay its depositors and other non-subordinated creditors and subordinated creditors of the Issuer other than creditors with respect to any Notes expressly stated to rank pari passu with or junior to the Hybrid Tier 1 Capital Notes in full before it can make any payments on the Hybrid Tier 1 Capital Notes.

  • Any amendments of these Conditions to the effect that the Capital Certificates will no longer constitute Hybrid Tier 1 Capital are subject to the prior written approval of the Danish Financial Supervisory Authority.

  • In the event of a partial write-down of the Outstanding Principal, such write-down must be effected by a proportionate write-down of the Issuer's total Hybrid Tier 1 Capital.

  • The Capital Certificates rank pari passu with other Hybrid Tier 1 Capital of the Issuer and any other debt designated as ranking pari passu with Hybrid Tier 1 Capital.

  • The Capital Certificates rank senior to the Issuer's share capital and debt designated as being subordinated Hybrid Tier 1 Capital in all respects, including in respect of the right to receive periodic payments and the right to receive payment in connection with the Issuer's bankruptcy or liquidation.

  • The Issuer may not declare dividends, repay or buy back debt which is subordinated to or ranks pari passu with the Capital Certificates or other Hybrid Tier 1 Capital if (i) any due Coupon has not been paid in whole or in part, or if (ii) the Coupon is lost under paragraph 5 and no full payment of Coupon has been made on two consecutive Interest Addition Days after the date when the Coupon is lost.

  • Notwithstanding the above, the Issuer may, however, buy back debt which is subordinated to the Capital Certificates, or which ranks pari passu with the Capital Certificates or other Hybrid Tier 1 Capital, for its trading portfolio with a view to fulfilling applications from the Issuer's customers in connection with the Issuer's market maker function.

  • The Innovative Tier 1 securities in issue and their primary terms are as follows: (a)Non-cumulative Non-voting Guaranteed Preference Shares On 27 January 2006, AMBB Capital (L) Ltd, a wholly-owned subsidiary of the Bank issued United States Dollar (“USD”) 200,000,000 Innovative Hybrid Tier 1 Capital comprising 2,000 preference shares of USD100,000 each (“Hybrid Securities”).


More Definitions of Hybrid Tier 1 Capital

Hybrid Tier 1 Capital means own funds (fonds propres/eigen vermogen) as defined in Article
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Hybrid Tier 1 Capital means, as of any Balance Sheet Date, the aggregate amount, in Swiss francs, of items that constitute hybrid tier 1 capital of the Group as of such Balance Sheet Date, as determined by UBS AG pursuant to the National Regulations applicable to UBS AG as of such Balance Sheet Date, and as
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Hybrid Tier 1 Capital means loan capital that meets the requirements set out in section 132 of the Financial Business Act.
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Related to Hybrid Tier 1 Capital

  • Tier 1 Capital means Tier 1 capital for the purposes of the Capital Regulations.

  • Common Equity Tier 1 Capital means common equity tier 1 capital (or any equivalent or successor term) of, as the case may be, the Issuer or the Group, in each case as calculated by the Issuer in accordance with CRD IV requirements and any applicable transitional arrangements under CRD IV;

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

  • Additional Tier 1 Capital means capital which is treated as Additional Tier 1 capital (or any equivalent or successor term) under CRD IV requirements by the Relevant Regulator for the purposes of the Issuer and the Group;

  • Tier 2 Capital has the meaning given to the term “Tier 2 capital” in 12 C.F.R. Part 217, as amended, modified and supplemented and in effect from time to time or any replacement thereof.

  • CET1 Capital means, as of any Balance Sheet Date, the aggregate amount, in Swiss francs, of items that constitute common equity tier 1 capital of the Group as of such Balance Sheet Date, less any deductions from common equity tier 1 capital required to be made, in each case as determined by the Group Holding Company pursuant to the BIS Regulations applicable to the Group Holding Company as of such Balance Sheet Date, and as (i) disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) may be disclosed as a component of the Reviewed Interim Measurement published upon the instruction of the FINMA on the relevant Extraordinary Publication Date, as applicable. For the avoidance of doubt, the term "common equity tier 1 capital" as used in this definition has the meaning assigned to such term in the BIS Regulations in effect as of the relevant Balance Sheet Date.

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Hybrid Securities means any trust preferred securities, or deferrable interest subordinated debt with a maturity of at least 20 years, which provides for the optional or mandatory deferral of interest or distributions, issued by the Borrower, or any business trusts, limited liability companies, limited partnerships or similar entities (i) substantially all of the common equity, general partner or similar interests of which are owned (either directly or indirectly through one or more wholly owned Subsidiaries) at all times by the Borrower or any of its Subsidiaries, (ii) that have been formed for the purpose of issuing hybrid securities or deferrable interest subordinated debt, and (iii) substantially all the assets of which consist of (A) subordinated debt of the Borrower or a Subsidiary of the Borrower, and (B) payments made from time to time on the subordinated debt.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • Hybrid Preferred Securities Subsidiary means any Delaware business trust (or similar entity) (i) all of the common equity interest of which is owned (either directly or indirectly through one or more wholly-owned Subsidiaries of the Company) at all times by the Company or a wholly-owned direct or indirect Subsidiary of the Company, (ii) that has been formed for the purpose of issuing Hybrid Preferred Securities and (iii) substantially all of the assets of which consist at all times solely of Junior Subordinated Debt issued by the Company or a wholly-owned direct or indirect Subsidiary of the Company (as the case may be) and payments made from time to time on such Junior Subordinated Debt.

  • Hybrid Loop means a Local Loop comprised of both fiber optic cable, usually in the feeder plant, and copper wire or cable usually in the distribution plant.

  • Consolidated Senior Funded Debt means Consolidated Funded Debt that is not Subordinated Debt.

  • Treasury Capital Stock has the meaning assigned to such term in Section 6.04(a)(viii).

  • Total Net Funded Debt means, as at any relevant date:

  • Unrestricted Margin Stock means any Margin Stock owned by the Company or any of its Subsidiaries which is not Restricted Margin Stock.

  • Total risk-based capital ratio means the ratio of qualifying total capital to weighted risk assets, as calculated in accordance with the Board’s Capital Adequacy Guidelines for State Member Banks: Risk-Based Measure (Appendix A to this part).[63 FR 37652, July 13, 1998, as amended at 63FR 42674, Aug. 10, 1998] § 208.42 Notice of capital category.(a) Effective date of determination of capital category. A member bank shall be deemed to be within a given capital category for purposes of section 38 of the FDI Act and this subpart as of the date the bank is notified of, or is deemed to have notice of, its capital category, pursuant to paragraph (b) of this section.(b) Notice of capital category. A mem- ber bank shall be deemed to have been notified of its capital levels and its capital category as of the most recent date:

  • Preferred Equity means any stock, shares or other ownership interests in the issuer thereof howsoever evidenced (including, without limitation, limited liability company membership interests), whether with or without voting rights, that is entitled to dividends or distributions prior to the payment of dividends or distributions with respect to Common Equity.

  • Consolidated Senior Secured Debt Ratio as of the last day of any period of four consecutive Fiscal Quarters, the ratio of (a) Consolidated Senior Secured Debt on such day to (b) Consolidated EBITDA for such period.

  • Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Tier 2 Capital Event means the receipt by the Company of a legal opinion from counsel experienced in such matters to the effect that the Subordinated Notes do not constitute, or within 90 days of the date of such legal opinion will not constitute, Tier 2 Capital (or its then equivalent if the Company were subject to such capital requirement).

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Asset-Backed Securities means securities which:

  • Consolidated Senior Secured Net Leverage Ratio means, for any Measurement Period, the ratio of (a) Consolidated Senior Secured Net Debt for Borrowed Money to (b) Consolidated EBITDA, in each case for such period.

  • Common Equity of any Person means Capital Stock of such Person that is generally entitled (a) to vote in the election of directors of such Person or (b) if such Person is not a corporation, to vote or otherwise participate in the selection of the governing body, partners, managers or others that will control the management or policies of such Person.

  • Total Funded Indebtedness means, at any date, the aggregate principal amount of all Funded Indebtedness of Holdings and its Restricted Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.