Tier One Capital definition

Tier One Capital means, as of any date of determination, Common Equity Tier One Capital and Additional Tier One Capital.

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Tier One Capital means, as of any date of determination, the “Patrimonio Básico” as the same is defined in article 5 of Decree 1720 of 2001, as amended, or any other Colombian law or regulation regulating the Patrimonio Básico in effect from time to time.

Tier One Capital means Common Equity Tier One Capital and Additional Tier One Capital.

Examples of Tier One Capital in a sentence

Section 8.4(a) of the Credit Agreement is hereby amended to state in its entirety as follows: "Tier One Capital.
Unless Purchaser delivers written notice to Seller on or prior to the end of the Review Period specifying in reasonable detail the amount, nature and basis of each disputed item, Purchaser shall be deemed to have accepted and agreed to the calculation of the Final Adjusted Tier One Capital.
A ratio of Tier One Capital to Risk Weighted Assets of not less than 6.0%.
Therefore, the Purchase Price as of such date would have been $30,000,000 and the amount of the dividend distribution from the Bank to Seller would have been $5, 565,000 (which is the difference between Final Adjusted Tier One Capital of $22, 781,000 (which is the Tier One Capital as of July 31, 2005 of $24, 906,000 less the amount of the Portfolio Adjustment as of July 31, 2005 of $2, 125,000) and $17,216,000).
If the Final Adjusted Tier One Capital (as adjusted by agreement of the Parties as set forth herein or by the determination of the Arbitrators as set forth herein) is less than the Estimated Final Adjusted Tier One Capital, then Seller shall pay Purchaser the amount of such difference.
The total of loans internally or externally classified substandard, doubtful, and loss shall not exceed 45% of Tier One Capital plus Allowance for Loan and Leases Losses for either Borrower or any subsidiary bank, measured at fiscal year end.
Therefore, the Purchase Price as of such date would have been $30,000,000 and the amount of the dividend distribution from the Bank to Seller would have been $5,322,000 (which is the difference between Final Adjusted Tier One Capital of $25,322,000 (which is the sum of Tier One Capital as of April 30, 2005 of $24,237,000 and the amount of the Portfolio Adjustment as of April 30, 2005 of $1,085,000) and $20,000,000).
The Borrower will maintain at all times a ratio of (i) consolidated Tier One Capital PLUS consolidated Tier Two Capital to (ii) Risk-Weighted Assets greater than or equal to 10.0%.
As soon as practicable, but in no event later than 15 days following the Closing Date, Seller shall prepare and deliver to Purchaser a calculation of the Final Adjusted Tier One Capital.
Purchaser may dispute items reflected in the calculation of the Final Adjusted Tier One Capital, but only on the basis that such amounts were not arrived at in accordance with this Agreement.

More Definitions of Tier One Capital

Tier One Capital shall have the meaning set forth on the date hereof under applicable regulations of any regulatory agency having authority on the date hereof as such regulations are applicable to the Borrower, or if such regulations are amended hereafter to define Tier One Capital more restrictively, as set forth in such later definition.

Tier One Capital shall have the same meaning as that determined under the capital formula used by the Federal Reserve Board.

Tier One Capital shall have the meaning set forth on the date hereof under applicable regulations of any regulatory agency having authority on the date hereof as such regulations are applicable to the Company, or if such regulations are amended hereafter to define Tier One Capital more restrictively, as set forth in such later definition.

Tier One Capital shall have the meaning set forth from time to time in the regulations of the Board of Governors of the Federal Reserve System or the applicable regulatory authority.

Tier One Capital means the total Tier One Capital of the Bank, determined in accordance with regulatory accounting guidelines (including Appendix A to 12 C.F.R. Part 225). Tier One Capital shall be calculated for purposes of this Agreement in the same manner as it is calculated for purposes of the Bank’s Call Reports. The Bank’s Tier One Capital as of March 31, 2005 is set forth on page 30, line 11 of “Schedule RC-R — Regulatory Capital” of the Bank’s Call Report as of March 31, 2005, and was $23,939,000 as of such date.

Tier One Capital means, at any time, for any Person, Tier One Capital as defined from time to time by the Board or other applicable Governmental Authority.