Liquidity Coverage Ratio definition

Liquidity Coverage Ratio. (LCR) means a liquidity coverage ratio as defined in Article 412 of Regulation (EU) No 575/2013 and further specified in Commission Delegated Regulation (EU) 2015/61 (3);

Liquidity Coverage Ratio means, in respect of the immediately following month, the ratio of:

Liquidity Coverage Ratio or “LCR” means a ratio which is computed at the end of each day as follows:

Examples of Liquidity Coverage Ratio in a sentence

• Basel III provides for a substantial strengthening of existing prudential rules, including new requirements intended to reinforce capital standards (with heightened requirements for global systemically important banks) and to establish a leverage ratio “backstop” for financial institutions and certain minimum liquidity standards (referred to as the Liquidity Coverage Ratio (“LCR”) and the Net Stable Funding Ratio (“NSFR”)).

• Basel III provides for a substantial strengthening of existing prudential rules, including new requirements intended to reinforce capital standards (with heightened requirements for global systemically important banks) and to establish a leverage ratio "backstop" for financial institutions and certain minimum liquidity standards (referred to as the Liquidity Coverage Ratio ("LCR") and the Net Stable Funding Ratio ("NSFR")).

• This limit is currently applied to the Bank’s Standing Liquidity Facility and the Liquidity Coverage Ratio under Basel III.

• Liquidity Coverage Ratio (LCR) is computed based on MAS Notice 649.

• The U.S. Liquidity Coverage Ratio rule (“LCR rule”) requires certain U.S. banking organizations (“Covered Companies”), including the Firm and its U.S. Bank Subsidiaries, to maintain on each business day an amount of high-quality liquid assets (“HQLA”) that are unencumbered and controlled by the Covered Company’s liquidity management function (“eligible HQLA”) sufficient to meet their total stressed net cash outflows over a prospective 30 calendar-day period, as calculated in accordance with the LCR rule.

More Definitions of Liquidity Coverage Ratio

Liquidity Coverage Ratio means the ratio of (A) (i) unrestricted cash of Borrower at Bank plus (ii) fifty percent (50%) of Borrower’s net accounts receivable, divided by (B) all Obligations of Borrower to Bank, including, without limitation, all Indebtedness under letters of credit.

Liquidity Coverage Ratio means the ratio of (a) Liquidity Quick Assets to (b) the aggregate amount of the Committed Revolving Line, as in effect from time to time.

Liquidity Coverage Ratio. (LCR) means a liquidity coverage ratio as defined in Article 412 of Regulation (EU) No 575/2013 and further specified in Commission Delegated Regulation (EU) 2015/61(11);

Liquidity Coverage Ratio or “LCR” means the ratio of (i) a bank’s stock of unencumbered HQLA to (ii) the bank’s net cash outflow for a 30 calendar day liquidity stress scenario. This ratio ensures that a bank has an adequate stock of unencumbered HQLA that can be converted into cash easily and immediately in private markets to meet its liquidity needs. See “Risk Management – Basel III reforms” for further discussion of this ratio.

Liquidity Coverage Ratio is, at any time, (x) the sum of (a) the aggregate amount of unrestricted cash held at such time by Borrower in Deposit Accounts or Securities Accounts maintained with Bank or its Affiliates plus (b) accounts receivable owing to Ultimate Parent and its Subsidiaries divided by (y) the outstanding Obligations.

Liquidity Coverage Ratio is the ratio of (a) unrestricted cash (and equivalents) maintained at Bank plus sixty percent (60%) of Net Accounts to (b) the Obligations under this Agreement.

Liquidity Coverage Ratio is defined in Section 6.9(a).