Examples of Qualifying Subordinated Debt in a sentence
Qualifying Subordinated Debt All of BNY Mellon’s subordinated debt is included as Tier 2 regulatory capital.
DESCRIPTIONTIER 2 (SUPPLEMENTARY) CAPITAL for ADVANCED APPROACHES INSTITUTIONS THAT EXIT PARALLEL RUN NARRATIVEIncludes the sum of "Qualifying Subordinated Debt" (5306), "Capital Certificates" (5307), "Nonwithdrawable Deposit Accounts Not Reported In Item 5267" (5308), "Other Equity Instruments" (5309), and "General Loan And Lease Valuation Allowances" (5310).
No Guarantor shall, directly or indirectly, voluntarily purchase, redeem, defease or prepay any principal of, premium, if any, interest or other amount payable in respect of any Indebtedness prior to its scheduled maturity, other than (i) the Indebtedness under the Atalaya Subordinated Loan Agreement to the extent expressly permitted by the Atalaya Subordination and Intercreditor Agreement; and (ii) unsecured Qualifying Subordinated Debt in connection with the Fourth Amendment Effective Date Refinancing.
We show that this is because the unemployment rate understated the amount of slack in the US labor market.
For purposes of calculating Total Debt, the Company may exclude any Qualifying Subordinated Debt (as defined in subsection (E) below), all debt existing under the Industrial Revenue Bonds (as defined below) and indebtedness to AFG Trust described in Section 9(A)(vi).