Tier 1 Capital definition

Tier 1 Capital means Additional Tier 1 Capital or any item that qualifies as common equity tier 1 capital pursuant to National Regulations.

Tier 1 Capital means Tier 1 capital for the purposes of the Capital Regulations.

Tier 1 Capital means capital which is treated as a constituent of Tier 1 under the CRD/CRR requirements by the Relevant Regulator for the purposes of the Issuer and/or the Group, as applicable.

Examples of Tier 1 Capital in a sentence

• The Society has agreed to issue £40,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital Securities (the "Perpetual Capital Securities" which expression shall include, unless the context otherwise requires, any Further Perpetual Capital Securities issued pursuant to Condition 16(a)).

• The £40,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital Securities (the "Perpetual Capital Securities", which term shall, unless the context otherwise requires, include any Further Perpetual Capital Securities issued pursuant to Condition 16(a)) are issued under, and are subject to, the Rules (the "Rules") of Newcastle Building Society (subject as provided in Condition 1.3, the "Society") for the time being.

• ISIN: XS2925943305 Common Code: 292594330 (incorporated in England under the Building Societies Act 1986, as amended) Newcastle Building Society (the "Society") hereby certifies that Citivic Nominees Limited (the "Nominee") is, at the date hereof, entered in the Perpetual Capital Securities Register as the holder of an aggregate nominal amount of £40,000,000 Perpetual Contingent Convertible Additional Tier 1 Capital (the "Perpetual Capital Securities") issued by the Society.

• A "Regulatory Event" will occur if, as a result of a change (or pending change) in the regulatory classification of the Perpetual Capital Securities under the Capital Regulations, the entire nominal amount of the Perpetual Capital Securities or any part thereof ceases (or would cease) to be part of the Society's Tier 1 Capital (whether on an individual consolidated basis or any other Applicable Prudential Basis).

• The issue of Perpetual Contingent Convertible Additional Tier 1 Capital Securities (the "Perpetual Capital Securities") in an aggregate principal amount of £40,000,000 was duly authorised by the Board of Directors of Newcastle Building Society (the "Society") by resolutions passed on 2 October 2024 and 3 December 2024 and by a duly authorised committee of the Board of Directors of the Society by resolutions passed on 21 October 2024.

More Definitions of Tier 1 Capital

Tier 1 Capital means capital qualifying as, and approved by the Regulator as, tier 1 capital in accordance with the Capital Regulations;

Tier 1 Capital means at any time tier 1 capital as interpreted and applied in accordance with the Applicable Banking Regulations;

Tier 1 Capital means Tier 1 capital as defined by the capital maintenance regulations of the primary federal bank regulatory agency of the relevant Bank Subsidiary.

Tier 1 Capital means Additional Tier 1 Capital together with Common Equity Tier 1 Capital;

Tier 1 Capital means the Tier 1 capital of ANZBGL (on a Level 1 basis) or the Issuer Group (on a Level 2 basis or, if applicable, a Level 3 basis) as defined by APRA from time to time.

Tier 1 Capital means at any time, with respect to the Bank or the Group, as the case may be the Tier 1 capital of the Bank or the Group, respectively, as calculated by the Bank in accordance with Chapters 1, 2 and 3 (Tier 1 capital, Common Equity Tier 1 capital and Additional Tier 1 capital) of Title I (Elements of own funds) of Part Two (Own Funds) of the CRR and/or Applicable Banking Regulations at such time, including any applicable transitional, phasing in or similar provisions;

Tier 1 Capital means tier 1 capital (kernekapital) as defined in section 5(7)(4), of the Financial Business Act.