Minimum Capital Ratio definition

Minimum Capital Ratio means a percentage designated from time to time by the Transferor. "Monthly Period" shall mean the period from and including the first day of a calendar month to and including the last day of such calendar month. "New Account" shall mean each MasterCard and VISA consumer revolving credit card account established pursuant to a Credit Card Agreement, which account is designated pursuant to Section 2.3 to be included as an Account and is identified in the computer file or microfiche list delivered to the Purchaser by the Seller pursuant to Sections 2.1 and 2.5. "New Principal Receivables" shall have the meaning set forth in Section 3.1. "Obligor" shall mean, with respect to each Account, each person that would be treated as an "Obligor" in accordance with the definition for such term in the Pooling and Servicing Agreement. "Original Receivables Purchase Agreement" shall mean the Receivables Purchase Agreement, dated as of January 29, 1998, by and between Partners First Receivables, LLC, as Seller, and PFRF, as Purchaser. "PFRF" shall mean Partners First Receivables Funding, LLC, a Delaware limited liability company, and its permitted successors and assigns. "Pooling and Servicing Agreement" shall mean the Amended and Restated Pooling and Servicing Agreement, dated as of June 26, 1998, among Holdings, as Servicer, PFRF, as Transferor, and the Trustee, and all amendments and supplements thereto. "Portfolio Reassignment Price" shall mean the portion of the amount payable by PFRF to the Trustee pursuant to Section 2.6 of the Pooling and Servicing Agreement with respect to the Receivables. "Principal Receivables" shall mean all Receivables in the Accounts that would be treated as "Principal Receivables" in accordance with the definition for such term in the Pooling and Servicing Agreement. "Receivables Purchase Agreements" shall have the meaning set forth in Section 5.2. "Purchase Price" shall have the meaning set forth in Section 3.1. "Purchased Assets" shall have the meaning set forth in Section 2.1. "Receivables" shall mean all amounts shown on the Servicer's records as amounts payable by Obligors on any Account from time to time, including amounts payable for Principal Receivables and Finance Charge Receivables. Receivables that become Defaulted Receivables will cease to be included as Receivables as of the day on which they become Defaulted Receivables. A Receivable shall be deemed to have been created at the end of the Date of Processing of such Receivable. ...
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Minimum Capital Ratio means for any day, by reference to amounts set forth on the Daily Report for such day, a percentage equal to a fraction, the numerator of which shall be the sum of the following amounts:
Sample 1
Minimum Capital Ratio means 5.50%, which percentage may be adjusted from time to time at the option of TRC if the Rating Agency Condition is satisfied with respect to Standard & Poor's.
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Examples of Minimum Capital Ratio in a sentence

  • The Minimum Capital Ratio is only 8.9% in developed countries, but amounts to 9.4% in developing countries.

  • This pillar introduces two risk- weighted measures: the Minimum Capital Ratio (MCR), and the Solvency Capital Ratio (SCR).

  • If, after giving effect to any such payment in respect of the Subordinated Note, the Seller has received an amount greater than the Purchase Price, the Seller shall retain such amounts and, at the option of the Purchaser (x) issue its note to the Purchaser with terms substantially similar to the terms of the Subordinated Note or (y) subject to applicable legal restrictions and the Minimum Capital Ratio, elect to treat such amounts as a dividend or return of capital to the Seller.

  • Suncor supports these activities as a way to improve communication and promote learning with our investors on carbon reduction initiatives and performance.

  • The Society aims to have a Solvency Capital Ratio (own funds/SCR) of at least 150% and Minimum Capital Ratio of 125%.

  • Average June, 2002 Capital Ratio 4.33 % 4.16 % Minimum Capital Ratio 4.00 % 4.00 % 1 Actual total capital before the Effective Date excludes the general allowance for loan losses.

  • TInvestment Philosophy & ESG Strategy‌ HE PRIMARY MISSION of the New York State Common Retirement Fund’s Corporate Governance Program is to mitigate risks through the integration of environmental, social and governance (ESG) factors into the Fund’s investment and stewardship processes and identify opportunities to enhance the long-termvalue of the investments made on behalf of the 1.1 million members and pensioners who rely on the New York State and Local Retirement System for their pensions.

  • Information communicated or acquired in any form whatsoever pursuant to this annex will be covered by professional confidentiality and protected in the same way as similar information is protected by the national legislation of Switzerland and by the corresponding provisions applicable to the Community institutions.

  • Therefore, this pillar introduces two risk weighted measures: the Minimum Capital Ratio (MCR), and the Solvency Capital Ratio (SCR).

  • CAPITAL ONE FINANCIAL CORPORATION (COF) Table 15: Capital Ratios (1)(2) March 31, 2014 December 31, 2013 Minimum Minimum Capital Ratio CapitalAdequacy (1) (2) (3)(4)(5)(6)(7)In the first quarter of 2014, we adopted the proportional amortization method of accounting for Investments in Qualified Affordable Housing Projects.


More Definitions of Minimum Capital Ratio

Minimum Capital Ratio means ___%, which percentage may be adjusted from time to time at the option of the Purchaser if the Rating Agency Condition has been satisfied.
Sample 1

Related to Minimum Capital Ratio

  • Debt to Capital Ratio means the ratio of (a) Consolidated Debt to (b) the sum of Borrower Net Worth plus Consolidated Debt.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Total risk-based capital ratio means the Total Risk-Based Capital Ratio determined in accordance with the rules and regulations of the appropriate Regulatory Authority as from time to time in effect, and any successor or other regulation or official interpretation of said Regulatory Authority relating thereto.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Adjusted Leverage Ratio means, on any date, the ratio of (a) Total Debt as of such date to (b) Adjusted Consolidated EBITDA for the period of four consecutive fiscal quarters of the Borrower most recently ended as of such date, all determined on a consolidated basis in accordance with GAAP.

  • Liquidity Ratio means the ratio of (a) the aggregate amount of unrestricted and unencumbered cash and Cash Equivalents of Borrower maintained with Bank to (b) aggregate outstanding Obligations of Borrower to Bank.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Equity Ratio means the ratio of Equity to Total Assets.

  • Quick Ratio means the ratio of:

  • Debt to Capitalization Ratio means, with respect to the Borrower, as of any date of determination, the ratio of (a) Total Debt for the Borrower as of such date to (b) Total Capitalization for the Borrower as of such date.

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

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

  • Debt to Equity Ratio means the ratio of the value of liabil- ities to equity, calculated according to s. 126.58 (6) (c) 2.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Index Ratio means the Final Index Price divided by the Initial Index Price.

  • Net Total Leverage Ratio means, on any date, the ratio of (A) (i) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) Adjusted EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

  • Total Capital means Retained Earnings, the amount paid-in for Capital Stock, the amount of any general allowance for losses, and the amount of other instruments that the FHFA has determined to be available to absorb losses incurred by the Bank.