Tier 1 Qualification Date definition

Tier 1 Qualification Date has the meaning set forth in the LLC Agreement.
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Tier 1 Qualification Date has the meaning specified in Section 10.04(k) hereof.
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Tier 1 Qualification Date means the date, which must be a Payment Date and may be no later then the Payment Date falling closest to, but not later than, the fifth anniversary of the date of issue of this security, on which a Tier 1 Qualification Election will be effective.
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Examples of Tier 1 Qualification Date in a sentence

  • The provisions of this Section 7.02 shall apply solely with respect to Capital Payments in respect of the Tier 1 Percentage for all Payment Periods beginning, with respect to the Specified Increment arising from a Tier 1 Qualification Election, with the Payment Period that commences on the Tier 1 Qualification Date relating to such Tier 1 Qualification Election.

  • Such election is referred to as the “Tier 1 Qualification Election” and the date on and after which it is effective as the “Tier 1 Qualification Date.” The Tier 1 Qualification Date may be any Class B Payment Date after the Issue Date and until (and including) the Class B Payment Date falling closest to, but not later than, the fifth anniversary of the Issue Date.

  • The provisions of this Section 7.02 shall apply solely with respect to Payment Periods ending after, and shall have no force or effect with respect to any Payment Period ending on or prior to, the Tier 1 Qualification Date.

  • Such a declaration shall occur only to the extent the Board of Directors does not declare Capital Payments on the Class B Preferred Securities at the Stated Rate in full on any Class B Payment Date after the Tier 1 Qualification Date.

  • To the extent and in the manner described in the Trust Agreement, Capital Payments on the Trust Preferred Securities shall be cumulative with respect to Payment Periods ending on or prior to the Tier 1 Qualification Date (as defined in the Trust Agreement) and non-cumulative with respect to Payment Periods ending after such Tier 1 Qualification Date.

  • The provisions of this Section 7.01 shall apply solely with respect to Payment Periods ending on or prior to, and shall have no force or effect with respect to any Payment Period ending after, the Tier 1 Qualification Date.

  • To the extent and in the manner described in the LLC Agreement, Capital Payments on the Class B Preferred Securities shall be cumulative with respect to Class B Payment Periods ending on or prior to the Tier 1 Qualification Date (as defined in the LLC Agreement) and non-cumulative with respect to Class B Payment Periods ending after such Tier 1 Qualification Date.

  • Capital Payments on the Trust Preferred Securities shall be cumulative with respect to Payment Periods ending on or prior to the Tier 1 Qualification Date and non-cumulative with respect to Payment Periods ending thereafter, as provided in the Trust Agreement.

Related to Tier 1 Qualification Date

  • Qualification Date means the date as of which the Offering Statement was or will be qualified with the Commission pursuant to Regulation A, the Act and the Rules and Regulations; and

  • Monthly Qualification Cycle means a period beginning one (1) Business Day prior to the first day of the current Statement Cycle through one (1) Business Day prior to the close of the current Statement Cycle.

  • Qualification Period means the period of time in which a CDC Owner, Operator or a Qualified Colocation Tenant is eligible for Program benefits and means specifically (a) in respect to a CDC Owner or Operator, as defined in subsection IX.A. and (b) in respect to a CDC Qualified Colocation Tenant, as defined in subsection IX.B.

  • pre-qualification means a screening process designed to ensure that invitations to bid are confined to capable providers;

  • Qualification Deadline has the meaning set forth in Section 2(a)(ii).

  • TLAC Disqualification Event means OSFI has advised the Bank in writing that the bail-inable notes issued under the applicable pricing supplement will no longer be recognized in full as TLAC under the TLAC Guideline as interpreted by the Superintendent, provided that a TLAC Disqualification Event will not occur where the exclusion of those bail-inable notes from the Bank’s TLAC requirements is due to the remaining maturity of those bail-inable notes being less than any period prescribed by any relevant eligibility criteria applicable as of the issue date of those bail-inable notes.

  • MREL Disqualification Event means that, at any time, all or part of the outstanding nominal amount of Securities is or will be excluded fully or partially from the eligible liabilities available to meet the MREL Requirements provided that: (a) the exclusion of a Series of such Securities from the MREL Requirements due to the remaining maturity of such Securities being less than any period prescribed thereunder, does not constitute a MREL Disqualification Event; (b) the exclusion of all or some of a Series of Securities due to there being insufficient headroom for such Securities within a prescribed exception to the otherwise applicable general requirements for eligible liabilities does not constitute a MREL Disqualification Event; and (c) the exclusion of all or some of a Series of Securities as a result of such Securities being purchased by or on behalf of the Issuer or as a result of a purchase which is funded directly or indirectly by the Issuer, does not constitute a MREL Disqualification Event.

  • Minimum Qualifications means the requirements of education, training, experience and other basic qualifications for a job.

  • Disqualification Event shall have the meaning ascribed to such term in Section 3.1(rr).

  • Capital Disqualification Event has the meaning specified in Section 1.1 of the Indenture.

  • Pre-Qualifying Criteria means the criteria set out in clause 27.3 of this Part C.

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Eligibility Date means, with respect to each Borrower and Guarantor and each Swap, the date on which this Agreement or any Other Document becomes effective with respect to such Swap (for the avoidance of doubt, the Eligibility Date shall be the Effective Date of such Swap if this Agreement or any Other Document is then in effect with respect to such Borrower or Guarantor, and otherwise it shall be the Effective Date of this Agreement and/or such Other Document(s) to which such Borrower or Guarantor is a party).

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Impermissible Qualification means, relative to the opinion or certification of any independent public accountant as to any financial statement of the Borrower, any qualification or exception to such opinion or certification:

  • the qualifying period means the period of 12 years immediately preceding the date of publication of the advertisements referred to in paragraph (A)(iv) above or of the first of the two advertisements to be published if they are published on different dates; and

  • Data qualifier means a specified character (or string of characters) that immediately precedes a data field that defines the general category or intended use of the data that follows.

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Statement of Qualifications means a written statement submitted to a procurement unit in response to a request for statement of qualifications.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Request for Qualifications means all materials and

  • Required Date means by the 10th Business Day following the end of the Quarter for which the information prescribed in Annex V4 is being provided.

  • Certification Date means the later of the date on which an order granting certification or authorization of a Proceeding against one or more Non-Settling Defendants is issued by a Court and the time to appeal such certification or authorization has expired without any appeal being taken, or if an appeal is taken the date of the final disposition of such appeal.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;