Upper Tier 2 Capital definition

Upper Tier 2 Capital means Upper Tier 2 Capital for the purposes of the Capital Regulations in force at the time of the issuance of such Upper Tier 2 Capital.
Upper Tier 2 Capital means upper tier 2 capital as defined by APRA from time to time.
Upper Tier 2 Capital has the meaning given to it by the FSA from time to time.

Examples of Upper Tier 2 Capital in a sentence

  • In connection with the Acquisition, Prudential intends to offer (the “Subordinated Note Offering”) up to U.S.$5,400,000,000 of securities eligible as Lower Tier 2 Capital (“LT2 Notes”) and/or Upper Tier 2 Capital (“UT2 Notes”) (together, the “Subordinated Notes”) under the Programme and/or on a stand-alone basis.


More Definitions of Upper Tier 2 Capital

Upper Tier 2 Capital has the meaning given to it by the FSA from time to time. References in these Conditions to any act or statute or any provision of any act or statute shall be deemed also to refer to any statutory modification or re-enactment thereof or any statutory instrument, order or regulation made thereunder or under such statutory modification or re-enactment. Unless the context otherwise requires, references in these Conditions to (i) “principal” shall be deemed to include any premium payable in respect of the ECNs and all other amounts in the nature of principal payable pursuant to these Conditions or any amendment or supplement to it, (ii) “interest” shall be deemed to include any Deferred Interest Payment, any Accrued Conversion Interest and any Deferred Accrued Conversion Interest and in any such case shall be deemed to include any Additional Amounts that may be payable under Condition 12 or any undertaking given in addition to or in substitution for it under the Trust Deed in respect of any such amount.
Upper Tier 2 Capital has the meaning given to it by the FSA from time to time. In these Conditions and the Trust Deed, capitalised terms have the meaning given to them in the relevant Pricing Schedule, the absence of any such meaning indicating that such term is not applicable to the ECNs. References to any act or statute or any provision of any act or statute shall be deemed also to refer to any statutory modification or re-enactment thereof or any statutory instrument, order or regulation made thereunder or under such statutory modification or re-enactment.
Upper Tier 2 Capital means at any time any equity, debt or other capital instrument so described by APRA.
Upper Tier 2 Capital means the upper tier 2 capital of the Group as defined by APRA from time to time.
Upper Tier 2 Capital shall have the meaning given such term from time to time by the Financial Services Authority.

Related to Upper Tier 2 Capital

  • Common Equity Tier 1 Capital means common equity tier 1 capital (or any equivalent or successor term) of, as the case may be, the Issuer or the Group, in each case as calculated by the Issuer in accordance with CRD IV requirements and any applicable transitional arrangements under CRD IV;