Examples of Applicable Capital Regulations in a sentence
Following a write-down of the Total Nominal Amount in accordance with Clause 11.1 ( Loss absorption upon a Trigger Event), the Issuer may, at its absolute discretion but subject to obtaining relevant approval from its shareholder (if required) reinstate any portion of the principal of the Notes, subject to compliance with any maximum distribution limits set out in the Applicable Capital Regulations and any other applicable regulations.
The Issuer, or any other company forming part of the Consolidated Situation, may not redeem, purchase, substitute or vary as contemplated by this Clause 12 (Redemption and repurchase of the Notes), any Notes without obtaining the prior written permission of the Swedish FSA and in accordance with the Applicable Capital Regulations (including any pre- conditions set out therein at the relevant time).