Upper Tier 2 Capital definition

Upper Tier 2 Capital means Upper Tier 2 Capital for the purposes of the Capital Regulations in force at the time of the issuance of such Upper Tier 2 Capital.
Upper Tier 2 Capital means upper tier 2 capital as defined by APRA from time to time.
Upper Tier 2 Capital has the meaning given to it by the FSA from time to time.

Examples of Upper Tier 2 Capital in a sentence

  • Subordinated Notes the proceeds of which constitute Upper Tier 2 Capital shall be Undated Subordinated Notes.

  • Subordinated Notes the proceeds of which constitute Tier 1 Capital or Upper Tier 2 Capital shall be Undated Subordinated Notes.

  • In the case of a Series of Subordinated Notes the proceeds of which constitute Upper Tier 2 Capital, Lower Tier 2 Capital or Tier 3 Capital, any such purchase will be subject to the prior notification of the FSA and the prior approval of the SG ACP (i) if made in the open market, if it relates (individually or when aggregated with any previous purchase) to more than ten per cent.

  • In the case of Subordinated Notes the proceeds of which constitute Tier 1 Capital, Upper Tier 2 Capital, Lower Tier 2 Capital or Tier 3 Capital any such purchase will be subject to the prior approval of the ACP (i) if made in the open market, if it relates (individually or when aggregated with any previous purchase of such Notes) to more than ten per cent.

  • In the case of a Series of Subordinated Notes the proceeds of which constitute Upper Tier 2 Capital, Lower Tier 2 Capital or Tier 3 Capital, any such purchase will be subject to the non-objection of the FSA and the prior approval of the SGCB if it relates (individually or when aggregated with any previous purchase) to approximately ten per cent.

  • Upper Tier 2 Capital consists of general provision for Doubtful Debts and other APRA approved Upper Tier 2 Capital instruments.

  • Unless previously redeemed, purchased and cancelled as provided below or its maturity is extended pursuant to any Issuer's option in accordance with Condition 7(b) or any Noteholder's option in accordance with Condition 7(c), each Note shall be finally redeemed on the Maturity Date specified in the relevant Final Terms at its Final Redemption Amount which is its nominal amount Subordinated Notes the proceeds of which constitute Upper Tier 2 Capital shall be Undated Subordinated Notes.

  • The surplusportion of the Existing Preference Shares will initially count towards the Group’s Upper Tier 2 Capital and will be treated as Innovative Tier 1 Capital when there is additional capacity.1.1.6 Do RES Holders need to pay anything further for their Existing RES to be governed by the Amended RES Terms?No. If the Amendments are approved, Existing RES will be governed by the Amended RES Terms without any further action on RES Holders’ part.

  • In the case of a Series of Subordinated Notes the proceeds of which constitute Upper Tier 2 Capital, Lower Tier 2 Capital or Tier 3 Capital, any such purchase will be subject to the prior notification of the FSA and the prior approval of the SGCB if it relates (individually or when aggregated with any previous purchase) to approximately ten per cent.

  • In the case of a Series of Subordinated Notes the proceeds of which constitute Upper Tier 2 Capital, Lower Tier 2 Capital or Tier 3 Capital, any such purchase will be subject to the prior notification of the FSA and the prior approval of the ACP (i) if made in the open market, if it relates (individually or when aggregated with any previous purchase) to more than ten per cent.


More Definitions of Upper Tier 2 Capital

Upper Tier 2 Capital means at any time any equity, debt or other capital instrument so described by APRA.
Upper Tier 2 Capital has the meaning given to it by the FSA from time to time. References in these Conditions to any act or statute or any provision of any act or statute shall be deemed also to refer to any statutory modification or re-enactment thereof or any statutory instrument, order or regulation made thereunder or under such statutory modification or re-enactment. Unless the context otherwise requires, references in these Conditions to (i) “principal” shall be deemed to include any premium payable in respect of the ECNs and all other amounts in the nature of principal payable pursuant to these Conditions or any amendment or supplement to it, (ii) “interest” shall be deemed to include any Accrued Conversion Interest and in any such case shall be deemed to include any Additional Amounts that may be payable under Condition 10 or any undertaking given in addition to or in substitution for it under the Trust Deed in respect of any such amount.
Upper Tier 2 Capital has the meaning given to it by the FSA from time to time. In these Conditions and the Trust Deed, capitalised terms have the meaning given to them in the relevant Pricing Schedule, the absence of any such meaning indicating that such term is not applicable to the ECNs. References to any act or statute or any provision of any act or statute shall be deemed also to refer to any statutory modification or re-enactment thereof or any statutory instrument, order or regulation made thereunder or under such statutory modification or re-enactment.
Upper Tier 2 Capital has the meaning given to it from time to time by the FSA.
Upper Tier 2 Capital means the upper tier 2 capital of the Group as defined by APRA from time to time.
Upper Tier 2 Capital shall have the meaning given such term from time to time by the Financial Services Authority.

Related to Upper Tier 2 Capital

  • Common Equity Tier 1 Capital means common equity tier 1 capital (or any equivalent or successor term) of, as the case may be, the Issuer or the Group, in each case as calculated by the Issuer in accordance with CRD IV requirements and any applicable transitional arrangements under CRD IV;