Maximum Distributable Amount definition

Maximum Distributable Amount means any maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD IV Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD IV Directive), or any successor provision thereto;

Maximum Distributable Amount means any applicable maximum distributable amount relating to the Issuer and/or the Group (if any) which is determined pursuant to Article 141 of the CRD Directive (or, as the case may be, any provision of Danish law transposing or implementing Article 141 of the CRD Directive), or any successor provision thereto or any analogous payment restrictions arising in respect of capital buffers under CRD/CRR or the BRRD (including without limitation Article 16a thereof) and/or any minimum requirement for own funds and eligible liabilities under CRD/CRR and/or the BRRD (including without limitation Article 16a thereof) (or, as the case may be, any provision of Danish law transposing or implementing any such analogous payment restrictions).

Maximum Distributable Amount means any applicable maximum distributable amount relating to the Issuer and/or the Group, as the case may be, required to be calculated in accordance with the CRD IV Directive and/or any other Applicable Banking Regulation(s) (or any provision of Italian law transposing or implementing the CRD IV Directive and/or, if relevant, any other Applicable Banking Regulation(s));

Examples of Maximum Distributable Amount in a sentence

• Subject to Condition 11.4 (Maximum Distributable Amount restriction), the Reinstatement Limit will be the lower of the Available Reinstatement Amounts calculated for each of the Issuer and the Group in accordance with Condition 11.3(ii) (Available Reinstatement Amounts).

• A reinstatement as described above shall not be effected in circumstances which (when aggregated together with distributions of the kind referred to in Article 141 (2) of CRD IV Directive or, as the case may be, any provision of Danish law transposing or implementing Article 141 (2) of the CRD IV Directive, or any successor thereto) would cause any Maximum Distributable Amount to be exceeded.

• Maximum Distributable Amount (MDA) triggerThe transposition of Basel regulations into European law (CRD) introduced a restriction mechanism for distribution that applies to dividends, AT1 instruments and variable compensation.

• The Issuer may elect at its full discretion to cancel (in whole or in part) the Interest Amount otherwise scheduled to be paid on any Interest Payment Date notwithstanding it has Distributable Items, or the Maximum Distributable Amount is greater than zero.

• We would like to draw your attention once more to ACPM’s Five-Point Plan, which was released earlier this year and discussed in detail with Ministry of Finance officials.

More Definitions of Maximum Distributable Amount

Maximum Distributable Amount means any applicable maximum distributable amount relating to us required to be calculated in accordance with (i) Rule 4.3(2) of Chapter 4; or (ii) any analogous restrictions arising in respect of failure to meet capital adequacy, loss absorbing capacity, leverage or buffer requirements under the Relevant Rules.

Maximum Distributable Amount means any applicable maximum distributable amount relating to the Issuer and/or the UniCredit Group, as the case may be, required to be calculated in accordance with the CRD IV Directive (or any provision of Italian law transposing or implementing the CRD IV Directive).

Maximum Distributable Amount means any maximum distributable amount applicable to the Bank or the Group required to be calculated in accordance with article 48 of Law 10/2014 and any provision implementing such article, each interpreted in light of article 141 of the CRD IV Directive;

Maximum Distributable Amount means any maximum distributable amount (maximal ausschüttungsfähiger Betrag) relating to the Issuer and/or the RBI Regulatory Group, as the case may be, that may be required to be calculated in accordance with § 24(2) BWG (implementing Article 141(2) CRD IV in Austria).

Maximum Distributable Amount means any maximum distributable amount relating to the Issuer required to be calculated in accordance with the Capital Requirements Directive (or, as the case may be, any provision of French law implementing the Capital Requirements Directive);

Maximum Distributable Amount means the maximum distributable amount within the meaning of Article 141(2) of Directive 2013/36/EU as supplemented or amended from time to time (Capital Requirements Directive IV – "CRD") ("Maximum Distributable Amount" or "MDA") and as currently transposed into German law by § 10 (1) sentence 1 no. 5 e) KWG together with § 37 of the German Solvency Regulation (Solvabilitätsverordnung – SolvV) for the combined buffer requirements in accordance with § 10i KWG.

Maximum Distributable Amount means any maximum distributable amount (maximal ausschüttungsfähiger Betrag) relating to the Issuer, the Erste Group and/or the Issuer's Group (if any), as the case may be, that may be required to be calculated in accordance with § 24(2) of the Austrian Banking Act (implementing Article 141(2) of the CRD IV in Austria).