Similar Instruments definition
Examples of Similar Instruments in a sentence
For the purpose of such calculation, the Issuer's loss sharing liable capital shall include any and all outstanding CET 1 Instruments and AT 1 Instruments and Similar Instruments.
Common and surplus shares are accounted for in accordance with IFRIC 2 - Members’ Shares in Co-operative Entities and Similar Instruments (“IFRIC 2”).
For the purpose of such calculation, the Issuer’s loss sharing liable capital shall include any and all outstanding CET 1 and AT 1 Instruments and Similar Instruments.
Standby Letters of Credit and Similar Instruments The Company has arrangements with various banks to issue standby letters of credit or similar instruments, which guarantee the Company’s obligations for the purchase or sale of certain inventories and for potential claims exposure for insurance coverage.
Similar Instruments means any (directly or indirectly issued) debt instrument of the Issuer pursuant (other than the Notes) of the Issuer that provides for a write-down mechanism (permanent or temporary).
Rowley, 458 U.S. 176, 182-84 (1982) (explaining the procedural requirements under IDEA).
Shares that contain redemption features subject to the Credit Union maintaining adequate regulatory capital are accounted for using the partial treatment requirements of IFRIC 2, Members’ Shares in Cooperative Entities and Similar Instruments.
This is not in compliance with IFRS.IFRIC 2 – Members’ Shares in Co-operative Entities and Similar Instruments requires that the voluntary shares be classified as liabilities and that the dividends paid on these shares be classified as an expense, where there is no unconditional right of the Credit Union to refuse redemption, whether through legislation or through the Credit Union’s own rules.
Shares that contain redemption features subject to the Credit Union maintaining adequate regulatory capital are accounted for using the partial treatment requirements of IFRIC 2, Members' Shares in Co-operative Entities and Similar Instruments.
Member shares are recognized as a liability, equity or compound instrument based on their respective terms and in accordance with IAS 32 Financial Instrument Presentation, and IFRIC 2 Members’ Shares in Cooperative Entities and Similar Instruments.