Tier 1 Instruments definition

Tier 1 Instruments means any and all (i) securities or other obligations (other than Tier 1 Shares) issued by UBS Group AG or (ii) shares, securities, participation securities or other obligations (other than Tier 1 Shares) issued by a subsidiary of UBS Group AG and having the benefit of a guarantee, credit support agreement or similar undertaking of UBS Group AG, each of which shares, securities, participation securities or other obligations described in clauses (i) and (ii) of this definition qualify, or are issued in respect of a security that qualifies, as Tier 1 Capital of the Group and/or UBS Group AG (without regard to quantitative limits on such capital) on a consolidated (Finanzgruppe) or on an unconsolidated (Einzelinstitut) basis.

Tier 1 Instruments means: (i) the CET 1 Instruments; (ii) the AT 1 Instruments; and (iii) any other instruments or obligations of the Issuer ranking pari passu as regards payment of interest, dividends or distributions with CET 1 Instruments or AT 1 Instruments. PAYMENTS

Tier 1 Instruments means any and all shares, securities, participation securities or other obligations issued (a) by CSG (whether or not acting through a branch) but excluding Tier 1 Shares or (b) by a Subsidiary of CSG and having the benefit of a guarantee, credit support agreement or similar undertaking of CSG, each of which shares, securities or other obligations under (a) and (b) qualify, or are issued in respect of a security that qualifies, as Tier 1 Capital of CSG and/or the Group (without regard to quantitative limits on such capital) on a consolidated (Finanzgruppe) or on an unconsolidated (Einzelinstitut) basis.

Examples of Tier 1 Instruments in a sentence

• Any Discretionary Reinstatement shall be applied concurrently (or substantially concurrently) and pro rata with other write-ups to be effected out of the Relevant Profits in respect of any Written-Down Additional Tier 1 Instruments.

• Any failure by the Issuer to reinstate the Notes on a pro rata basis with the write up of all Written Down Additional Tier 1 Instruments (if any) however will not affect the effectiveness, or otherwise invalidate, any reinstatement of the Notes and/or reinstatement of the Written Down Additional Tier 1 Instruments or give Noteholders any rights as a result of such failure.

• This item should indicate: Common Stock, CPP TARP Preferred, CS USG Investment, CS Warrants, Cumulative Dated Preferred (TRUPS), Cumulative Perpetual Preferred (CPP), Mandatory ConvertiblePreferred (MCP), MCP USG Preferred, NCPP Convertible, Non-Cumulative Perpetual Preferred (NCPP), Other Tier 1 Instruments, Other Tier 2 Instruments, REIT Preferred, Subordinated Debt, USG Preferred TRUPS, or Subordinated Debt.

• This item should indicate: Common Stock, CPP TARP Preferred, CS USG Investment, CS Warrants, Cumulative DatedPreferred (TRUPS), Cumulative Perpetual Preferred (CPP), Mandatory Convertible Preferred (MCP), MCP USG Preferred, NCPP Convertible, Non-Cumulative Perpetual Preferred (NCPP), Other Tier 1 Instruments, Other Tier 2 Instruments, REIT Preferred, Subordinated Debt, USG Preferred TRUPS, or Subordinated Debt.

• Loss Absorbing Tier 1 Instruments means instruments which are fully compliant with the requirements to be classified as restricted Tier 1 capital under Solvency II Regulations.

More Definitions of Tier 1 Instruments

Tier 1 Instruments means any and all shares, securities, participation securities or other obligations issued

Tier 1 Instruments means basic own-fund items that meet the conditions laid down in Article 94(1) of Directive 2009/138/EC;

Tier 1 Instruments means capital instruments which, according to CRR, qualify as common equity Tier 1 capital or Additional Tier 1 capital.

Tier 1 Instruments means capital instruments which, according to the CRR, qualify as common equity tier 1 capital or additional tier 1 capital. Interest Payments are non- cumulativeInterest Payments are non-cumulative. Consequently, Interest Payments in following years will not be increased to compensate for any shortfall in Interest Payments during a previous year and such shortfall shall not constitute an event of default under the terms and conditions of the Notes. Termination Right of the IssuerThe Notes may be redeemed, in whole but not in part, subject to prior approval by the competent authority:

Tier 1 Instruments means capital instruments which, according to the CRR, qualify as common equity Tier 1 capital or Additional Tier 1 capital.

Tier 1 Instruments means capital instruments which, according to the CRR, qualify as common equity tier 1 capital or AT1 Instruments.

Tier 1 Instruments means any and all securities or other obligations issued by the Issuer that qualify, or are issued in respect of securities that qualify, in whole or in part as Tier 1 Capital, but excluding Equity Capital.