Examples of Tier 2 Capital Instruments in a sentence
Therefore, it is uncertain how the PRC relevant authorities would define what constitutes available resources in the context of Tier 2 Capital Instruments and determine the occurrence of insufficient or no available resources.
If and to the extent that any additional amounts payable pursuant to this Condition 10.2, when aggregated together with Interest Amounts and distributions on all other own funds instruments (not including, for the avoidance of doubt, any Tier 2 Capital Instruments), scheduled for payment in the current financial year exceed the amount of Distributable Items, the Issuer will not be obliged to pay (in whole or, as the case may be, in part) such additional amounts.
Tier 2 Capital Instruments Insurers are asked to report Tier 2 instruments that meet the LICAT qualifying criteria (for Tier 2 instruments) as well as instruments that are subject to transition measures outlined in sections2.4.1 and 2.4.2 of the LICAT guideline.
The amount of Tier 2 Capital Instruments that can be recognized in the computation of the capital adequacy ratios of the Bank has been capped at 90% of the total qualifying Tier 2 balance outstanding as at 1 January 2013.
Tables 3.2(a) and 3.2(b) outline the application of the grandfathering provisions in respect of the Tier 2 Capital Instruments for AmBank and AmBank Islamic respectively.