Examples of Trigger Event Threshold in a sentence
Provided that, in no event shall such amount of write down be less than the amount required to immediately return the Issuer’s Common Equity Tier 1 Ratio to above the CET1 Trigger Event Threshold , nor shall such amount of write down exceed the amount which would be required to be written down to ensure that the Common Equity Tier 1 Ratio is equal to the aggregate of the CET1 Trigger Event Threshold and 2.5%, or such other percentage as may be prescribed by the RBI (the “CET1 Write Down Amount”).
If the Issuer or the Group breaches the CET1 Trigger Event Threshold and equity is replenished through Write-Down of the Additional Tier 1 Notes, such replenished amount of equity will be excluded from the total equity of the Issuer for the purpose of determining the proportion of earnings to be paid out as dividend in terms of rules laid down for maintaining the capital conservation buffer (as described in the RBI Guidelines).
It is possible that, following a material decrease in the Common Equity Tier 1 Capital Ratio of the Issuer and/or the Group, a Trigger Event in relation to a Series of Additional Tier 1 Capital Notes could occur simultaneously with a trigger event in relation to one or more Other Loss Absorbing Instruments having a higher or, as the case may be, lower trigger level than the Trigger Event Threshold in respect of such Notes.
The licensee shall not stock or sell any spirituous Liquor or any other intoxicants within the said premises.
Accordingly, if the CET1 Ratio slips below 8% due to losses and is still above 6.125% i.e. the CET1 Trigger Event Threshold, it shall expand its balance sheet further only by raising fresh equity from its existing shareholders or market and internal accruals.
For the purpose of determination of the CET1 Trigger Event Threshold, the fresh equity, if any, raised after slippage of CET1 Ratio below 8% will not be subtracted.