Tier Two Capital definition

Tier Two Capital means the sum of line D and line E in the table;

Tier Two Capital means, as of any date of determination, the “patrimonio adicional” as the same is defined in Article 2.1.1.1.6, 2.1.1.1.9 and 2.1.1.1.13 of Decree 2555 or any other Colombian law or regulation regulating the “patrimonio adicional” in effect from time to time.

Tier Two Capital means the sum of line D and line E in the table; and d ‘Lower Tier Two Capital’ is equal to line E in the table.

Examples of Tier Two Capital in a sentence

• Where this is the case, only the amount above 10% of the Authorised Firm’s Tier One and Tier Two Capital Resources (calculated before deduction of its holdings) is a material holding.

• Perpetual qualifying hybrid capital instruments 2.7.2 An Authorised Firm may only include perpetual qualifying hybrid capital instruments as part of its upper Tier Two Capital if: (a) the instrument is perpetual; (b) it is available to absorb losses on a going concern basis; and (c) in the case of perpetual subordinated debt, it meets the general conditions set out in section 2.10.

• Where this is the case, the full amount of the holding of shares, capital and subordinated debt is the material holding; or (c) the aggregate of an Authorised Firm’s holdings in the Non-Trading Book of shares, any other interest in the capital and subordinated debt in all other Regulated Financial Institutions not included in (a) or (b) if the total amount of such holdings exceeds 10% of the Authorised Firm’s total Tier One and Tier Two Capital before deductions from Tier One and Tier Two Capital.

• Connected lending of a capital nature 2.7.4 An Authorised Firm must deduct connected lending of a capital nature from the total of Tier One and Tier Two Capital.

• Residual Capital eligible for inclusion as Tier One Capital is subject to an APRA prescribed limit of 25% of Tier One capital with any excess transferred to Upper Tier Two Capital.

• Lower Tier Two Capital Has the meaning given as follows: (A) capital referred to as Lower Tier Two Capital in the table set out under PINS Rule 4.2.2; and (B) for all other Authorised Firms, in PIIB section 2.8. Lower Two Tier Capital Has the meaning given in PIIB section 2.8.

• A major distinction between Upper Tier Two Capital and Lower Tier Two Capital is that only perpetual instruments may be included in Upper Tier Two Capital whereas dated instruments are included in Lower Tier Two Capital.

• PD-1.3.13All banks must disclose the components of and the total amounts of Tier Two Capital, prior to and after any adjustments or deductions (e.g. amortisations).

• Represents 50% Tier One and 50% Tier Two Capital deductions under Basel II.

• PD-1.3.15All banks must disclose the total eligible capital after all deductions, adjustments or caps (e.g. because of Large Exposures materiality thresholds or ceilings on components of Tier Two capital); and after observing all ceilings on Tier Two Capital.

More Definitions of Tier Two Capital

Tier Two 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 Two Capital more restrictively, as set forth in such later definition.

Tier Two 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 Two Capital more restrictively, as set forth in such later definition; PROVIDED, that if such regulations are amended hereafter to define Tier Two Capital less restrictively than the regulations existing on the Closing Date, then the meaning of Tier Two Capital shall not be changed to reflect such later modification.

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