Regulatory Call definition

Regulatory Call means an Early Repayment Option exercised by SBS Bank in relation to which SBS Bank delivers a notice under clause 4.2 which states that a Regulatory Event has occurred.
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Regulatory Call means the Borrower’s right to redeem the Loan before the Maturity Date in the event of change of law etc. affecting the utilisation of the Loan as Regulatory Capital, in accordance with clause 8.1 below.
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Examples of Regulatory Call in a sentence

  • In addition, following the occurrence of a Regulatory Call Event or Manufacturing Call Event, Borrower shall make consecutive monthly payments to the Agent for the ratable account of each applicable Lender holding Term Loans subject to such Call Event of principal of $5,000,000 until the earlier of (x) such Call Event no longer continuing and (y) the aggregate principal amount of Term Loans outstanding is equal to or less than $25,000,000.

  • Upon the occurrence of a Regulatory Call Event or Manufacturing Call Event, the Borrower shall promptly pay the Agent for the ratable account of each applicable Lender holding Term Loans subject to such Call Event (i) an amount so that the aggregate principal amount of Term Loans outstanding after such payment does not exceed $50,000,000 and (ii) the Exit Fee in respect of the principal of Term Loans being prepaid.

  • Each of the Registrar and the Note Trustee acknowledges that the Issue 2007-2 Notes are to be issued subject to the Regulatory Call Option and the Note Trustee hereby grants the Regulatory Call Option but does so entirely without warranty, responsibility or liability as to its effectiveness or otherwise on the part of the Note Trustee to the Noteholders or any other person.

  • This Condition 6(c) (Redemption and Purchase – Redemption for regulatory reasons (Regulatory Call)) is only applicable to Subordinated Notes.

  • At any time prior to (i) the close of business on July 2, 2012 (ii) the delivery to the Company of a Retraction Notice, or (iii) the delivery to the Holder of a Regulatory Call Notice (as defined in the Stakeholders Agreement), the Holder may, at the Holder's option, exchange the principal amount of this Exchangeable Debenture (or any portion thereof equal to $1,000 or any integral multiple of $1,000 in excess thereof) for Class A Shares at the Exchange Price then in effect.

  • Notes redeemed pursuant to this Condition 6(c) (Redemption and Purchase – Redemption for regulatory reasons (Regulatory Call)) will be redeemed at their Early Redemption Amount referred to in Condition 6(g) (Redemption and Purchase – Early Redemption Amounts) below together (if appropriate) with interest accrued to (but excluding) the date of redemption.

  • Pursuant to an exercise of the Regulatory Call Option, on the Option Exercise Date, Abbey (or any Designated Subsidiary) shall pay to the Noteholders of the relevant Called 2007-2 Notes, the aggregate of the Redemption Amount of such Called 2007-2 Notes (as determined in accordance with Condition 5.7) and any accrued and unpaid interest on such Notes.

  • The Investor shall cause the Regulatory Call Securities being purchased to be delivered to the Company (or its designee) at the closing free and clear of all liens, charges or encumbrances of any kind.

  • The Requested Amount shall bear interest payable to the Company equal to the Default Interest Rate, from and after the payment date identified in the Regulatory Call Notice or the Voluntary Call Notice, as applicable, and until such non-payment has been cured by the Non-Funding Member or the Non-Funded Interest has been purchased by another Member or other Person pursuant to Section 4.5(b).

  • The Investor shall take all such actions as the Company (or its designee) reasonably requests to vest in the Company (or its designee) title to the Regulatory Call Securities being purchased free of any lien, charge or encumbrance incurred by or through the Investor.

Related to Regulatory Call

  • Regulatory Capital means the capital requirement specified in Article 11;

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • Regulatory Capital Event means the good faith determination by the Company that, as a result of (i) any amendment to, clarification of, or change in, the laws or regulations of the United States or any political subdivision of or in the United States that is enacted or becomes effective after the initial issuance of any share of the Series A Preferred Stock, (ii) any proposed change in those laws or regulations that is announced or becomes effective after the initial issuance of any share of the Series A Preferred Stock, or (iii) any official administrative decision or judicial decision or administrative action or other official pronouncement interpreting or applying those laws or regulations or policies with respect thereto that is announced after the initial issuance of any share of the Series A Preferred Stock, there is more than an insubstantial risk that the Company will not be entitled to treat the full liquidation preference amount of $25,000 per share of the Series A Preferred Stock then outstanding as “tier 1 capital” (or its equivalent) for purposes of the capital adequacy guidelines of the Federal Reserve (or, as and if applicable, the capital adequacy guidelines or regulations of any successor Appropriate Federal Banking Agency) as then in effect and applicable, for so long as any share of the Series A Preferred Stock is outstanding.

  • Regulatory Conditions means the conditions set out in paragraphs 3.3 to 3.5 (inclusive) of Part A of Appendix I to the Announcement;

  • Regulatory Body means those government departments and regulatory, statutory and other entities, committees, ombudsmen and bodies which, whether under statute, rules, regulations, codes of practice or otherwise, are entitled to regulate or investigate the matters dealt with in this Agreement or any other affairs of the Provider or the Department, including, without limitation Ofsted, the European Commission and the European Court of Auditors;