Relevant Capital definition

Relevant Capital means lower additional capital (in the case of Notes which have a Maturity Date) or upper additional capital in the case of Notes which do not have a Maturity Date or, following the implementation of any Future Regulations, Future Tier Two Capital;
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Relevant Capital means Tier 1 Capital.
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Relevant Capital means Tier 1 Capital. “Relevant Profits” means the Net Profits.
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Examples of Relevant Capital in a sentence

  • Nothing in these Conditions shall confer rights on the Holder of any Relevant Capital Instrument or any other person other than the Holders.

  • Neither IAL nor IAG has any obligation to issue or to keep on issue any Relevant Tier 1 Securities or Relevant Tier 2 Securities.The following table is a simplified diagram of the order in which conversion or write-off of Relevant Capital Instruments is required to occur if a Non-Viability Determination is made in respect of either IAG or IAL and the determination does not require all Relevant Capital Instruments to be converted or written-off.

  • To the extent that those losses are insufficient to relieve the whole of the Relevant Capital Gain and any other capital gains realised by the Shareholder in the Year of Disposal, CGT will be payable by the Shareholder if and to the extent that the net capital gains exceed the Annual Exemption for that year.

  • See the section entitled Risk Factors—Risks Relating to the Subordinated Notes—Risk of mandatory Conversion or Write-Off on account of non-viability of the Issuer or Statutory Fund—Conversion or write-off of Relevant Capital Instruments above.

  • Such Power to Write-Down and Convert Capital Instruments will, in particular, be given if either (i) the conditions for resolution as set out above have been met, (ii) the appropriate authority determines that unless that power is exercised in relation to the Relevant Capital Instruments, the institution or group will no longer be viable (the so- called point of non-viability or PONV) or (iii) the institution requires public financial support.

  • On the date on which a Non-Viability Trigger Event occurs (the Conversion Date), the Issuer must convert or write-off Relevant Capital Instruments (including the Subordinated Notes in accordance with this Condition 8.2(b)), in accordance with the Non-Viability Determination.

  • While a person remains a Limited Partner, he is not entitled either directly or indirectly to draw out or receive back the whole or part of any Relevant Capital Contribution made by him to the Partnership.

  • Transportation of such material shall be provided by the Contractor.

  • Occurrence of a Non-Viability Trigger EventA Non-Viability Trigger Event occurs when APRA has provided a written determination to the Issuer that the conversion or write-off of certain Relevant Capital Instruments is necessary because (i) without the conversion or write-off, APRA considers that the Issuer would become non-viable or (ii) without a public sector injection of capital into, or equivalent capital support with respect to the Issuer, APRA considers that the Issuer would become non-viable.

  • In the case of a Non-Viability Determination provided in accordance with Condition 8.2(a)(ii), all Relevant Capital Instruments then outstanding shall be converted or written-off by the Issuer (and accordingly, in such circumstances, the Non-Viability Amount shall be the aggregate face value of all Relevant Capital Instruments).


More Definitions of Relevant Capital

Relevant Capital means any capital belonging to the applicant or partner (to include all savings, investments, shares, property and other valuable items with a single item value in excess of £1000) excluding the value of any equity in the
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Relevant Capital means any capital belonging to the applicant or partner (to include all savings, investments, shares, property and other valuable items with a single item value in excess of £1000) excluding the value of any equity in the applicant’s principal private dwelling house (up to £200,000), and excluding the value of the applicant’s main motor vehicle (up to £5000).
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Relevant Capital means, in respect of any Dated Subordinated Notes, Tier 2 Capital and, in the respect of any Additional Tier 1 Notes, Tier 1 Capital.
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Relevant Capital the amount of MOP25,000 in the equity capital of the Company, representing the entire issued equity capital of the Company as at the date hereof and as at Completion;
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Related to Relevant Capital

  • Net Capital Net Capital shall mean "net capital" as defined in Rule 15c3-1.

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

  • Core Capital means fully paid up members‟ shares, capital issued, disclosed reserves, retained earnings, grants and donations all of which are not meant to be expended unless on liquidation of the Sacco society

  • Charter Capital means Charter Communications Holdings Capital Corporation, a Delaware corporation, and any successor in interest thereto.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • CET1 Capital means, as of any Balance Sheet Date, the aggregate amount, in Swiss francs, of items that constitute common equity tier 1 capital of the Group as of such Balance Sheet Date, less any deductions from common equity tier 1 capital required to be made, in each case as determined by the Group Holding Company pursuant to the BIS Regulations applicable to the Group Holding Company as of such Balance Sheet Date, and as (i) disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) may be disclosed as a component of the Reviewed Interim Measurement published upon the instruction of the FINMA on the relevant Extraordinary Publication Date, as applicable. For the avoidance of doubt, the term "common equity tier 1 capital" as used in this definition has the meaning assigned to such term in the BIS Regulations in effect as of the relevant Balance Sheet Date.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Consolidated Capital means the sum (without duplication) of (i) Consolidated Debt of the Borrower (without giving effect to the proviso in the definition of Consolidated Debt) and (ii) consolidated equity of all classes (whether common, preferred, mandatorily convertible preferred or preference) of the Borrower.

  • Per capita income means the average for the most recent three years for

  • Committed Capital means $20,837,637.00 for 14,129,250 Class A Capital Units to be issued with respect to Members receiving Class A Capital Units in the Reorganization, and, with respect to any additional Members, the purchase price of the Capital Units subscribed for in any subsequent offering pursuant to a subscription agreement that has been accepted by the Company, regardless of whether such purchase price has been fully paid.

  • Adjusted Capital means cumulative gross proceeds generated by the Corporation from sales of shares of Common Stock (including proceeds from the Corporation’s distribution reinvestment plan) reduced for amounts paid for share repurchases pursuant to the Corporation’s share repurchase program. The calculation of the Subordinated Incentive Fee on Income for each quarter is as follows:

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Total Capital means Retained Earnings, the amount paid-in for Capital Stock, the amount of any general allowance for losses, and the amount of other instruments that the FHFA has determined to be available to absorb losses incurred by the Bank.

  • Unrecovered Capital means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Required Capital Level means an amount of capital equal to 0.5% of the initial principal amount of the Securitization Bonds.

  • Average Invested Capital means the average of invested capital as of December 31, 2023 and the invested capital as of December 31, 2024 where the invested capital is defined as the sum of the Company’s long-term debt plus the current portion of long-term debt, less cash, cash equivalents and investments, plus stockholder equity.

  • Junior Capital collectively, any Indebtedness of any Parent or the Borrower that (a) is not secured by any asset of the Borrower or any Restricted Subsidiary, (b) is expressly subordinated to the prior payment in full of the Loans on terms consistent with those for senior subordinated high yield debt securities issued by U.S. companies sponsored by either of the Sponsors (as determined in good faith by the Borrower, which determination shall be conclusive), (c) has a final maturity date that is not earlier than, and provides for no scheduled payments of principal prior to, the date that is 91 days after the Initial Term Loan Maturity Date (other than through conversion or exchange of any such Indebtedness for Capital Stock (other than Disqualified Stock) of the Borrower, Capital Stock of any Parent or any other Junior Capital), (d) has no mandatory redemption or prepayment obligations other than (x) obligations that are subject to the prior payment in full in cash of the Loans or (y) pursuant to an escrow or similar arrangement with respect to the proceeds of such Junior Capital and (e) does not require the payment of cash interest until the date that is 91 days following the Initial Term Loan Maturity Date.

  • Capital Base means, at any date, the sum of Tangible Net Worth and Subordinated Debt.

  • Fixed capital cost means the capital needed to provide all the depreciable components.

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Capital means the share capital from time to time of the Company;

  • Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units.

  • Virginia venture capital account means an investment fund that has been certified by the

  • NET INVESTMENT FACTOR The net investment factor for each subaccount is determined by dividing (1) by (2) and subtracting (3) from the result, where: