Common use of Optional Tax Redemption Clause in Contracts

Optional Tax Redemption. (a) Unless otherwise provided as contemplated by Section 3.01 with respect to any series of Subordinated Debt Securities and subject always to Section 11.11 below, the Company will have the option to redeem the relevant series of Subordinated Debt Securities, as a whole but not in part, having given notice in accordance with Section 11.04 hereof, 100% of the principal amount of the Subordinated Debt Securities then outstanding, together with any accrued interest to (but excluding) the date fixed for redemption, if at any time:

Appears in 6 contracts

Samples: Fourth Supplemental Indenture (Lloyds Banking Group PLC), Supplemental Indenture (Lloyds Banking Group PLC), Supplemental Indenture (Lloyds Banking Group PLC)

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Optional Tax Redemption. (a) Unless otherwise provided as contemplated by Section 3.01 with respect to any series of Subordinated Debt Securities and subject Subject always to Section 11.11 11.13 below, the Company will have the option to redeem the relevant series of Subordinated Debt Securities, as a whole but not in part, having given notice in accordance with Section 11.04 hereof, 100% of the principal amount of the Subordinated Debt Securities then outstanding, together with any accrued interest to (but excluding) the date fixed for redemption, if at any timetime the Company determines that:

Appears in 2 contracts

Samples: Eighth Supplemental Indenture (Lloyds Banking Group PLC), Lloyds Banking Group PLC

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Optional Tax Redemption. (a) Unless otherwise provided as contemplated by Section 3.01 with respect to any series of Subordinated Debt Securities and subject Subject always to Section 11.11 below, the Company will have the option to redeem the relevant series of Subordinated Debt Securities, as a whole but not in part, having given notice in accordance with Section 11.04 hereof, 100% of the principal amount of the Subordinated Debt Securities then outstanding, together with any accrued interest to (but excluding) the date fixed for redemption, if at any time:

Appears in 1 contract

Samples: Supplemental Indenture (Lloyds Banking Group PLC)

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