Solvency Capital Requirement definition

Solvency Capital Requirement means the Solvency Capital Requirement or the group Solvency Capital Requirement (as applicable) referred to in, or any other capital requirement (other than the Minimum Capital Requirement) howsoever described in, the Relevant Rules;

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Solvency Capital Requirement means the Solvency Capital Requirement or the group Solvency Capital Requirement (as applicable) referred to in Solvency II (howsoever described or defined in Solvency II) or any solvency capital requirement, group solvency capital requirement or any other equivalent capital requirement howsoever described in the Relevant Rules;

Solvency Capital Requirement means the Solvency Capital Requirement of the Group referred to in, or any other capital requirement relating to the Issuer or the Group (other than the Minimum Capital Requirement) howsoever described in, the Solvency II Directive or the Applicable Regulations from time to time.

Examples of Solvency Capital Requirement in a sentence

• For the avoidance of doubt, the Replacement Capital Obligation will not apply at any time while the Solvency Capital Requirement is satisfied, and if the Company continues to satisfy the Solvency Capital Requirement after giving effect to a redemption or repayment of the Notes on the Scheduled Maturity Date for such series of Notes or the Final Maturity Date for such series of Notes, as may be applicable.

• Accordingly, the Replacement Capital Obligation will cease to apply if the Company is able to restore its compliance with the Solvency Capital Requirement, after giving effect to repayment of such series of Notes, by a means other than the issuance of Qualifying Securities or with an issuance of Qualifying Securities that is less than the principal amount of the Notes of such series, subject to the reinstatement of the Replacement Capital Obligation as described in the preceding sentence.

More Definitions of Solvency Capital Requirement

Solvency Capital Requirement means the consolidated Solvency Capital Requirement as referred to in Solvency II (or any equivalent terminology employed by the then applicable Capital Adequacy Regulations);

Solvency Capital Requirement means the ECR or any other requirement to maintain assets applicable to the Company or in respect of the Insurance Group, as applicable, pursuant to the Applicable Supervisory Regulations.

Solvency Capital Requirement or "SCR" means the level of capital, currently of that name, that either party is required to maintain under Solvency II;

Solvency Capital Requirement means, on and from Solvency II Implementation, the Solvency Capital Requirement of the Issuer or the Solvency Capital Requirement of the Group referred to in, or any other minimum capital requirement howsoever described in, the Solvency II Directive or the Solvency II Regulations;

Solvency Capital Requirement means the ECR or any other requirement to maintain assets applicable to the Company or the Guarantor or in respect of the Insurance Group, as applicable, pursuant to the Applicable Supervisory Regulations.”

Solvency Capital Requirement means the Solvency Capital Requirement of the Solvency II Group and/or the Issuer and/or the Issuer's Group (as appropriate), in each case whether on a solo, group or consolidated basis, referred to in, or any other capital requirement howsoever described in, Solvency II or the Relevant Rules.

Solvency Capital Requirement means the target value of the own funds of an undertaking to cover its own risks;