Examples of Base Capital in a sentence
The term "Capital", means Base Capital or Net Head Office Funds (both as defined in the Membership Procedures), and such other classes of capital as are permitted at the Clearing House's discretion pursuant to the Membership Procedures.
Thus, for example, any person who owns less than 50% of the outstanding Base Capital Stock shall cause a Change in Control to occur as of any subsequent date if such person then acquires an additional interest in the Company which, when added to the person’s previous holdings, causes the person to hold more than 50% of the outstanding Base Capital Stock.
An FMC should make a reasonable assessment of the amount of additional capital buffer it needs, bearing in mind the scale and scope of its operations.Table 2 – Base Capital Requirement CategoryBase Capital Requirement(a) Carrying out fund management in respect of any CIS offered to any investor other than an accredited or institutional investor.
A Bank must have, at the time of its authorisation and at all times thereafter, Common Equity Tier 1 Capital (CET1 Capital) as defined in Rule 4.14, at least equal to the Base Capital Requirementapplicable to it.
Accessibility/Equity Matters The Base Capital Program incorporates projects to achieve AODA compliance.