Upper Tier 2 Percentage definition

Upper Tier 2 Percentage means the portion of each Trust Preferred Security or Class B Preferred Security, as applicable, with respect to which no Tier 1 Qualification Election has been made.
Upper Tier 2 Percentage means the portion of each Class B Preferred Security with respect to which no Tier 1 Qualification Election has been made and the same portion of each Trust Preferred Security that has not been reclassified pursuant to a Tier 1 Qualification Election.
Upper Tier 2 Percentage means the portion of each Class B Preferred Security with respect to which no Tier 1 Qualification Election has been made and the same portion of each Trust Preferred Security that has not been reclassified pursuant to any Tier 1 Qualification Election.

Examples of Upper Tier 2 Percentage in a sentence

  • The provisions of this Section 7.01 shall apply solely with respect to Capital Payments in respect of the Upper Tier 2 Percentage of the Trust Preferred Securities.

  • To the extent and in the manner described in the Trust Agreement, (x) Capital Payments on the Upper Tier 2 Percentage of the Trust Preferred Securities shall be cumulative and (y) Capital Payments on each portion of the Tier 1 Percentage of the Trust Preferred Securities shall be noncumulative from the first day of the Payment Period during which the related Tier 1 Qualification Election occurred, if any, with respect to such portion.

  • COC member Bill Hussey encouraged new members, as a committee, to talk to the Board, as was previously done through public comment at Board meetings.

  • There is the interesting possibility that another type of transition occurs in the region of complex roots.

  • DEUTSCHE BANK CONTINGENT CAPITAL TRUST V By: as Regular Trustee By: as Regular Trustee Schedule 1 Tier 1 Qualification Election effective as of: Upper Tier 2 Percentage Tier 1 Percentage Issue Date 100 % 0 % CERTIFICATE OF AUTHENTICATION Dated: This is one of the Trust Preferred Securities designated therein referred to in the within-mentioned Trust Agreement.

  • She asked about the number of hours offered and the relationship between hours required for the B.A. and the B.F.A. and whether it should be one or the other.

  • DEUTSCHE BANK CONTINGENT CAPITAL TRUST V By: as Regular Trustee By: as Regular Trustee Schedule 1 Tier 1 Qualification Election effective as of : Upper Tier 2 Percentage Tier 1 Percentage Issue Date 100% 0% CERTIFICATE OF AUTHENTICATION Dated: This is one of the Trust Preferred Securities designated therein referred to in the within-mentioned Trust Agreement.

  • Tier 1 Qualification Election effective as of: Upper Tier 2 Percentage Tier 1 Percentage Issue Date 100 % 0 % FOR VALUE RECEIVED, the undersigned assigns and transfers this Class B Preferred Security Certificate to: (Insert assignee’s social security or tax identification number) (Insert address and zip code of assignee) and irrevocably appoints agent to transfer this Class B Preferred Security Certificate on the books of the Company.

  • Schedule 1 Tier 1 Qualification Date Upper Tier 2 Percentage Tier 1 Percentage Issue Date 100% 0% ASSIGNMENT FOR VALUE RECEIVED, the undersigned assigns and transfers this Class B Preferred Security Certificate to: (Insert assignee’s social security or tax identification number) (Insert address and zip code of assignee) and irrevocably appoints agent to transfer this Class B Preferred Security Certificate on the books of the Company.

  • 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 Upper Tier 2 Percentage of the Class B Preferred Securities (as defined in the LLC Agreement) and non-cumulative with respect to Tier 1 Percentage of the Class B Preferred Securities (as defined in the LLC Agreement), if any.


More Definitions of Upper Tier 2 Percentage

Upper Tier 2 Percentage means the portion of each Class B Preferred Security issued on or about March 30, 2010 with respect to which no Tier 1 Qualification Election has been made and the same portion of each Trust Preferred Security issued on or about March 30, 2010 that has not been reclassified pursuant to any Tier 1 Qualification Election.

Related to Upper Tier 2 Percentage

  • Class B Percentage Any one of the Class B-1 Percentage, Class B-2 Percentage, Class B-3 Percentage, Class B-4 Percentage, Class B-5 Percentage or Class B-6 Percentage.

  • Class C Percentage means at any time the percentage equivalent of a fraction, the numerator of which is the Outstanding Amount of the Class C Notes and the denominator of which is the sum of the Outstanding Amount of all the Notes.

  • Class Percentage With respect to each Class of Subordinate Certificates, for each Distribution Date, the percentage obtained by dividing the Class Principal Amount of such Class immediately prior to such Distribution Date by the sum of the Class Principal Amounts of all Certificates immediately prior to such date.

  • Class B Principal Percentage means, with respect to any Monthly Period, (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class B Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A Principal Percentage means, with respect to any Monthly Period (i) during the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Invested Amount as of such day and (ii) during the Controlled Accumulation Period, the Early Amortization Period or any Partial Amortization Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class A Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated and the denominator of which is the Invested Amount as of the close of business on the date on which the Revolving Period shall have terminated; provided, however, that with respect to the first Monthly Period, the Class A Principal Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and denominator of which is the Initial Invested Amount.

  • Class B Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class B Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of the close of business on such day; provided, however, that with respect to the first Monthly Period, the Class B Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Class A Percentage means 100% minus the Class B Percentage.

  • Class A Floating Percentage means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is equal to the Class A Adjusted Invested Amount as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Invested Amount as of such day; provided, however, that with respect to the first Monthly Period, the Class A Floating Percentage shall mean the percentage equivalent of a fraction, the numerator of which is the Class A Initial Invested Amount and the denominator of which is the Initial Invested Amount.

  • Lower Tier Interest As described in the Preliminary Statement.

  • Class B Percentage Interest means, with respect to a Class B Member as of a given date, that percentage obtained by dividing the total number of Class B Units owned by such Member by the total number of Class B Units issued and outstanding.

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Group I Allocation Percentage With respect to any Distribution Date, the percentage equivalent of a fraction, the numerator of which is (i) the Group I Principal Remittance Amount for such Distribution Date, and the denominator of which is (ii) the Principal Remittance Amount for such Distribution Date.

  • Allocation Percentage means, with respect to any Monthly Period, the percentage equivalent of a fraction:

  • Class A-2 Component The Component having such designation.