Subordinated Loan Capital definition
Subordinated Loan Capital means capital that meets the requirements in section 136 of the Danish Financial Business Act and any other loan capital designated as subordinated to all other non-subordinated loan capital.
Subordinated Loan Capital means loan capital which meets the requirements set out in section 136 of the Danish Financial Business Act and any other loan capital designated as being subordinated to other unsubordinated capital (except for Hybrid Core Capital or debt designated as ranking pari passu with Hybrid Core Capital).
Subordinated Loan Capital means all loans effectively provided to the insurance company if the loan contract contains a clause to permit use of the loan amount to settle the liabilities of the insurance company and the lender's claim ranks after the claims of all other creditors but before the shareholders and if the original maturity of the loan is for more than five years;
More Definitions of Subordinated Loan Capital
Subordinated Loan Capital means loan capital meeting the requirements set out in section 136 of the Danish Financial Business Act, and all other loan capital designated as being subordinated to other non-subordinated capital (apart from Hybrid Core Capital or debt designated as being equated with Hybrid Core Capital).
Subordinated Loan Capital means, in respect of a society, any liability (not being a liability in respect of a share) specified in an order for the time being in force under section 45(5) of the Act (capital resources which may be aggregated with reserves for certain purposes); and