Early Settlement Event definition

Early Settlement Event has the meaning specified in the Indenture Supplement.
Early Settlement Event shall be deemed to have occurred if: (i) the Company’s “total risk-based capital ratio” is less than 10%, (ii) the Company’s “Tier 1 risk-based capital ratio” is less than 6%, (iii) the Company’s “leverage capital ratio” is less than 4%; (iv) the Federal Reserve, in its discretion, anticipates that the Company may fail one or more of the capital tests referred to above in the near term and delivers a notice to the Company so stating; or (v) the Trust is dissolved pursuant to Section 9.2(f) of the Declaration, where the related Early Settlement Event in the case of the tests described in each of (i), (ii) and (iii) above will be deemed to occur on the date the Company files with the Federal Reserve a Form FR Y-9C showing in Schedule HC-R (or successor form) that the related capital measure has been failed. Each such ratio described above will be determined as required pursuant to Appendix A to Regulation Y of the Federal Reserve, 12 C.F.R. Part 225.
Early Settlement Event has the meaning specified in the Thirteenth Supplemental Indenture.

Examples of Early Settlement Event in a sentence

  • Early Settlement Event Your Award will become payable prior to the end of the Performance Period if any one of the following events occurs prior to its end: • Your service as an Employee ends because of your death, Total Disability or your Retirement; • Your service as an Employee is terminated by NetBank without Cause and you agree to release any and all employment-related claims.


More Definitions of Early Settlement Event

Early Settlement Event has the meaning specified in the First Supplemental Indenture.
Early Settlement Event has the meaning specified in the Third Supplemental Indenture.
Early Settlement Event has the meaning specified in the Indenture.
Early Settlement Event shall be deemed to have occurred if (i) the SEC, in its capacity as consolidated supervisor, delivers to the Company a notice stating that the SEC anticipates that the Company’s Allowable Capital, calculated in accordance with the CSE Rules, may not be sufficient to support the Company’s businesses in the near term and directing the Company to treat such notice as an Early Settlement Event; or (ii) the Issuer Trust is dissolved pursuant to Section 9.2(c) of the Trust Agreement.
Early Settlement Event shall be deemed to have occurred if: (i) the Company’s “total risk-based capital ratio” is less than 10%, (ii) the Company’s “Tier 1 risk-based capital ratio” is less than 6%, (iii) the Company’s “leverage capital ratio” is less than 4%; (iv) the Federal Reserve, in its discretion, anticipates that the Company may fail one or more of the capital tests referred to above in the near term and delivers a notice to the Company so stating; or (v) the Issuer Trust is dissolved pursuant to Section 9.2(c) of the Declaration of Trust, where the related Early Settlement Event in the case of the tests described in each of (i), (ii) and (iii) above will be deemed to occur on the date the Company files a Form FR Y-9 showing in Schedule HC-R (or successor form) that the related capital measure has been failed and each such ratio will be determined as required pursuant to Appendix A to Regulation Y of the Federal Reserve Board, 12 C.F.R. Part 225.

Related to Early Settlement Event

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Early Settlement has the meaning specified in Section 5.9(a).

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Early Settlement Rate has the meaning specified in Section 5.9(b).

  • Payment Event means any of the following:

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Mandatory Settlement Date means the earliest of:

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Put Event means the occurrence of any of the following:

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).

  • Repayment Event means any event or condition which gives the holder of any note, debenture or other evidence of indebtedness (or any person acting on such holder’s behalf) the right to require the repurchase, redemption or repayment of all or a portion of such indebtedness by the Company or any of its subsidiaries.

  • Adjustment Event means each of the following events:

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • Value Adjustment Event means, with respect to any Loan Asset, the occurrence of any one or more of the following events after the related Cut-Off Date:

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Replacement Event shall have the meaning specified in Section 11.16.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

  • Interest Rate Adjustment Event means the occurrence of any of the following:

  • Optimal Adjustment Event With respect to any Class of Class B Certificates and any Distribution Date, an Optimal Adjustment Event will occur with respect to such Class if: (i) the Principal Balance of such Class on the Determination Date succeeding such Distribution Date would have been reduced to zero (regardless of whether such Principal Balance was reduced to zero as a result of principal distribution or the allocation of Realized Losses) and (ii) (a) the Principal Balance of any Class of Class A Certificates would be subject to further reduction as a result of the third or fifth sentences of the definition of Principal Balance or (b) the Principal Balance of a Class of Class B Certificates with a lower numerical designation would be reduced with respect to such Distribution Date as a result of the application of clause (ii) of the definition of Class B-1 Principal Balance, Class B-2 Principal Balance, Class B-3 Principal Balance, Class B-4 Principal Balance, Class B-5 Principal Balance or Class B-6 Principal Balance.

  • Relevant Event means any Termination Event or any Mandatory Prepayment Event or any event which after the giving of notice or lapse of time or the satisfaction of any other condition (or any combination thereof) would constitute a Termination Event or a Mandatory Prepayment Event;

  • Reinvestment Event any Asset Sale or Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Fundamental Change Purchase Date has the meaning specified in Section 8.01(a).