Examples of Resolution 3,444 in a sentence
In the event of a conflict between any provision or definition of this Purchase Agreement and any provision or definition set forth in Article 11 of the Indenture or Resolution 3,444, the provision or definition set forth in such Article 11 of the Indenture or Resolution 3,444, as applicable, shall prevail, and any such conflicting provision or definition shall be deemed null and void.” For the purposes of art.
Funding Issued value Remuneration Date of funding 12.31.2009 12.31.2008R$ thous R$ thousPerpetual Bonuses 2,000,000 3,515,8041,185,278 US$1,500,000 The amount of R$ 2,523,580 thousand of the perpetual bonuses comprise the Referential Shareholders' Equity (PR), level II, in conformity with CMN Resolution 3.444, of February 28, 2007, and authorization of Central Bank of Brazil (Note 32f).
In addition, pursuant to item III, article 14 of Central Bank of Brazil Resolution 3444, Subordinated Debt – Eligible for Capitalization is limited to 50% of the Tier I Capital,equivalent to R$12,476,715 thousand and R$12,470,572 thousand as of December 31, 2008 (R$12,311,056 thousand and R$12,294,739 thousand as of December 31, 2007) Bank and Consolidated, respectively.
Thereafter, the Issuer shall be automatically released and discharged from all obligations and covenants under the Trust Deed and the Subordinated Notes, and the Subordinated Notes will continue to be outstanding and will be treated as subordinated debt of such Successor Corporation pursuant to the terms of Resolution 3,444.
SUBORDINATED DEBT ELIGIBLE FOR CAPITAL The Bank has subordinated debt contracts with the Northeast Constitutional Financing Fund (FNE), classified as Regulatory Capital Tier II, under the Subordinated Debts Eligible to Capital category, in accordance with CMN Resolution 3444, of 02/28/2007, and the Central Bank of Brazil’s authorization.
The amount of R$ 852,796 thousand of the perpetual bonuses comprise the Referential Shareholders' Equity (PR), level II, in conformity with CMN Resolution 3.444, of February 28, 2007(Note 32f).
SUBORDINATED DEBT ELIGIBLE FOR CAPITALThe Bank has subordinated debt contracts with the Northeast Constitutional Financing Fund (FNE), classified as Regulatory Capital (PR) Tier II, under the Subordinated Debts Eligible to Capital category, in accordance with CMN Resolution 3444, of 02/28/2007, and the Central Bank of Brazil’s authorization.
Given the considerably weaker results for the S&P 500 index, relative to the results for long- and short-term bonds, we next consider a basket of options written on cyclical stocks.
Additionally, it was established a gradual reduction of the eligibility of the instrument inventory issued pursuant to CMN Resolution 3,444.