Core Tier 1 Capital definition
Core Tier 1 Capital means, as of any Balance Sheet Date, the BIS Tier 1 Capital as of such Balance Sheet Date, less the Hybrid Tier 1 Capital as of such Balance Sheet Date, as determined by UBS AG, and as (i) disclosed as “BIS core tier 1 capital” 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.
Core Tier 1 Capital has the meaning given to it (or any equivalent or replacement term) in the capital adequacy requirements, regulations and policies applicable to the Bank from time to time;
Core Tier 1 Capital. ’ means core tier one capital as defined by the FSA as in effect and applied (as supplemented by any published statement or guidance given by the FSA) as at 1 May 2009; ‘‘Lower Tier 2 Capital’’ has the meaning given to it by the FSA from time to time; ‘‘Regulatory Capital Requirements’’ means any applicable requirement specified by the FSA in relation to minimum margin of solvency or minimum capital resources or capital;
Examples of Core Tier 1 Capital in a sentence
The Bank agrees that it will, after completion of the Placing and Open Offer, apply the net proceeds of the subscription for New Shares by the Commission for the purpose of increasing its Core Tier 1 Capital and, in particular, that such proceeds will not be used to make any contribution(s) to any pension fund operated or contributed to by any Group Company in excess of the amount(s) such Group Company is required by law or by the Pensions Board or any other applicable regulatory authority to contribute.
As used in these Conditions, “Consolidated Core Tier 1 Ratio” means the ratio of the Core Tier 1 Capital of LBG to the risk weighted assets of LBG, in each case, calculated on a consolidated basis.
More Definitions of Core Tier 1 Capital
Core Tier 1 Capital means core tier one capital as defined by the FSA as in effect and applied (as supplemented by any published statement or guidance given by the FSA) as at 1 May 2009;
Core Tier 1 Capital means common equity tier 1 capital as such term is defined in the NBB Capital Regulation.
Core Tier 1 Capital means any obligations or instruments or shares or other securities which, under the regulatory capital framework or requirements then applicable to the Bank, are treated, or will upon issue be treated, as core tier 1 capital (as determined by the Central Bank’s requirements at such time or equivalent);
Core Tier 1 Capital means called-up share capital and eligible reserves plus non-controlling equity interests, less in tangible assets and deductions relating to the excess of expected loss over regulatory impairment allowance and securitization positions as calculated or the basis specified by the Financial Services Authority (as forerunner to the PRA) in a 2009 letter from the Financial Services Authority to the British Bankers’ Association.
Core Tier 1 Capital means Tier 1 less the aggregate amount of all items constituting hybrid tier 1 capital (Innovatives Kernkapital) of the Issuer’s Group on a consolidated basis, in each case as determined pursuant to the Pre-Basel III National Regulations applicable at the relevant time, expressed in CHF.
Core Tier 1 Capital means, as of any Balance Sheet Date, the BIS Tier 1 Capital as of such Balance Sheet Date, less the Hybrid Tier 1 Capital as of such Balance Sheet Date, as determined by UBS AG, and as