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 Group considers the achievement of a superior Core Tier 1 Capital ratio as a very important objective, shielding the Group from further shocks and eventually enabling the Group’s credit rating to improve, facilitating access to capital markets for funding in the medium term.

• The Central Bank requires that the additional capital must be raised by 31 July 2011.The Court has considered a number of options for raising the Core Tier 1 Capital required by the March 2011 PCAR, including the possibility of private equity investment and alternative forms of bondholder contribution.

• If the requisite Core Tier 1 Capital is not generated, then this could have material adverse effects for the Group as it may form grounds for action by the Central Bank, including the restriction or suspension of the Group’s business.

• They also allowed banks to increase their Core Tier 1 Capital ratios, which was positive for the banking system over the long-term (State Aid N 29 2009 – pp.

• It will also reduce local and regional pollution, and decrease greenhouse gas emissions.

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 a bank’s permissible permanent paid-in capital that may be comprised of any or all of the following:

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 common equity tier 1 capital as such term is defined in the NBB Capital Regulation.

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