Tier Two Capital definition
Examples of Tier Two Capital in a sentence
The Borrower will maintain at all times a ratio of (i) consolidated Tier One Capital PLUS consolidated Tier Two Capital to (ii) Risk-Weighted Assets greater than or equal to 10.0%.
The following definitions shall apply to the Notes only: “Capital Disqualification Event” shall be deemed to have occurred if, as a result of any amendment to, or change in, the Capital Regulations which are in effect at the Issue Date, the Notes are fully excluded from Tier Two Capital (as defined in the Capital Regulations) of the Company and/or the Group.
Borrower shall maintain, on a consolidated basis, the greater of the regulatory definition for a well-capitalized bank or any other ratios deemed appropriate by Borrower's regulatory agent, or the following ratios: (a) 'leverage ratio' (Tier One Capital to Average Total Assets) of at least 7.0%; and (b) 'total risk based capital ratio' (the sum of Tier One Capital and Tier Two Capital to Risk-Weighted Assets) of at least 11.0%.
The term of this Agreement shall be from October to September The terms of this Agreement shall come into effect on date of ratification, except as otherwise provided.