Minimum Capital Ratio definition

Minimum Capital Ratio means a percentage designated from time to time by the Transferor. "Monthly Period" shall mean the period from and including the first day of a calendar month to and including the last day of such calendar month. "New Account" shall mean each MasterCard and VISA consumer revolving credit card account established pursuant to a Credit Card Agreement, which account is designated pursuant to Section 2.3 to be included as an Account and is identified in the computer file or microfiche list delivered to the Purchaser by the Seller pursuant to Sections 2.1 and 2.5. "New Principal Receivables" shall have the meaning set forth in Section 3.1. "Obligor" shall mean, with respect to each Account, each person that would be treated as an "Obligor" in accordance with the definition for such term in the Pooling and Servicing Agreement. "Original Receivables Purchase Agreement" shall mean the Receivables Purchase Agreement, dated as of January 29, 1998, by and between Partners First Receivables, LLC, as Seller, and PFRF, as Purchaser. "PFRF" shall mean Partners First Receivables Funding, LLC, a Delaware limited liability company, and its permitted successors and assigns. "Pooling and Servicing Agreement" shall mean the Pooling and Servicing Agreement, dated as of January 29, 1998, among Holdings, as Servicer, PFRF, as Transferor, and the Trustee, and all amendments and supplements thereto. "Portfolio Reassignment Price" shall mean the portion of the amount payable by PFRF to the Trustee pursuant to Section 2.6 of the Pooling and Servicing Agreement with respect to the Receivables. "Principal Receivables" shall mean all Receivables in the Accounts that would be treated as "Principal Receivables" in accordance with the definition for such term in the Pooling and Servicing Agreement. "Receivables Purchase Agreements" shall have the meaning set forth in Section 5.2. "Purchase Price" shall have the meaning set forth in Section 3.1. "Purchased Assets" shall have the meaning set forth in Section 2.1. "Receivables" shall mean all amounts shown on the Servicer's records as amounts payable by Obligors on any Account from time to time, including amounts payable for Principal Receivables and Finance Charge Receivables. Receivables that become Defaulted Receivables will cease to be included as Receivables as of the day on which they become Defaulted Receivables. A Receivable shall be deemed to have been created at the end of the Date of Processing of such Receivable. "Removed Account" ...
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Minimum Capital Ratio means the minimum Total Capital Ratio required to be maintained by the Bank in accordance with article 199 of the Peruvian Banking Law, as supplemented by the Twenty-Fourth Final and Complementary Provision of the Peruvian Banking Law, and as may be further supplemented from time to time. Currently, the Minimum Capital Ratio is 9.8% until July 2011, at which time it will increase to 10.0%.
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Minimum Capital Ratio means ___%, which percentage may be adjusted from time to time at the option of the Purchaser if the Rating Agency Condition has been satisfied.
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Examples of Minimum Capital Ratio in a sentence

  • If, after giving effect to any such payment in respect of the Subordinated Note, the Seller has received an amount greater than the Purchase Price, the Seller shall retain such amounts and, at the option of the Purchaser (x) issue its note to the Purchaser with terms substantially similar to the terms of the Subordinated Note or (y) subject to applicable legal restrictions and the Minimum Capital Ratio, elect to treat such amounts as a dividend or return of capital to the Seller.

  • This pillar introduces two risk- weighted measures: the Minimum Capital Ratio (MCR), and the Solvency Capital Ratio (SCR).

  • The Minimum Capital Ratio is only 8.9% in developed countries, but amounts to 9.4% in developing countries.

  • The Society aims to have a Solvency Capital Ratio (own funds/SCR) of at least 150% and Minimum Capital Ratio of 125%.

  • If, as of any such date, the Capital Ratio was less than the Minimum Capital Ratio, from and after the date of such determination the Lender shall not increase the principal amount of this Revolving Note until the Capital Ratio is at least equal to the Minimum Capital Ratio.

  • If, after giving effect to any such payment in respect of the Subordinated Note, TCC has received an amount greater than the Purchase Price, TCC shall retain such amounts and, at the option of TRC (x) issue its note to TRC with terms substantially similar to the terms of the Subordinated Note or (y) subject to applicable legal restrictions and the Minimum Capital Ratio, elect to treat such amounts as a dividend or return of capital to TCC.

  • If, as of any such date, the Capital Ratio was less than the Minimum Capital Ratio, from and after the date of such determination the Seller shall not increase the principal amount of this Revolving Note until the sum of shareholder's equity and the amount of the Subordinated Capital Note are sufficient such that, had such amounts been in place on such Quarterly Date, the Capital Ratio would at least have equaled the Minimum Capital Ratio on such Quarterly Date.

  • The Minimum Capital Ratio required by the Mexican Capitalization Requirements in order for a bank not to be required to defer or cancel interest payments and defer principal payments of subordinated debt and not to be subject to certain other corrective measures is 8.0% for total capital to risk-weighted assets.Risk-Based Capital Capital:As of December 31, 2006 2005 2004 (in millions of constant Ps. as of December 31, 2006, except percentages)Tier 1 .

  • The Seller agrees that within 50 days after January 31, April 30, July 31 and October 31 of each year (each a "Quarterly Date"), the Seller shall determine whether the Capital Ratio as of such date equaled or exceeded the Minimum Capital Ratio.

  • Minimum Capital Ratio Calculation FrameworkThe calculation of minimum capital under the Reserve Bank Capital Adequacy Regulations is substantially different from the calculation under the existing Trust Deeds.


More Definitions of Minimum Capital Ratio

Minimum Capital Ratio means 5.50%, which percentage may be adjusted from time to time at the option of TRC if the Rating Agency Condition is satisfied with respect to Standard & Poor's.
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Minimum Capital Ratio means for any day, by reference to amounts set forth on the Daily Report for such day, a percentage equal to a fraction, the numerator of which shall be the sum of the following amounts:
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Related to Minimum Capital Ratio

  • Debt to Capital Ratio means the ratio (expressed as a percentage) of debt to total capital (the sum of debt and equity). This is a measure of financial leverage that the Company considers in capital management planning.

  • Minimum capital or "minimum required capital" means the capital that must be constantly maintained by a stock insurance corporation as required by statute.

  • Total risk-based capital ratio means the Total Risk-Based Capital Ratio determined in accordance with the rules and regulations of the appropriate Regulatory Authority as from time to time in effect, and any successor or other regulation or official interpretation of said Regulatory Authority relating thereto.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Liquidity Ratio means, for any date of determination, the ratio of (a)(i) the aggregate amount of unrestricted and unencumbered cash (other than Liens in favor of Bank) held at such time by Borrower in Deposit Accounts maintained with Bank, plus (ii) accounts receivable determined according to GAAP for the Borrower and its consolidated Subsidiaries, divided by (b) the principal amount of outstanding Credit Extensions.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Equity Ratio means the ratio of Equity to Total Assets.

  • Quick Ratio is a ratio of Quick Assets to Current Liabilities.

  • Debt to Capitalization Ratio means the ratio of (a) Consolidated Funded Debt to (b) Consolidated Capitalization.

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Common Equity Tier 1 Capital Ratio means (at any time):

  • Debt to Equity Ratio means the ratio of the value of liabil- ities to equity, calculated according to s. 126.28 (6) (c) 2.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Index Ratio means the Final Index Price divided by the Initial Index Price.

  • Net Total Leverage Ratio means, on any date, the ratio of (A) (i) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) Adjusted EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

  • Total Capital means an amount equal to any capital, plus any surplus, undivided profits, and instruments of indebtedness authorized under section 310.

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.