Asset Parity Security definition

Asset Parity Security. ' means any preferred or preference share or other security issued by BAWAG, the Company or any other Subsidiary of BAWAG (i) ranking pari passu as to participation in the assets of BAWAG with BAWAG's obligations under this Support Agreement, or (ii) entitled to the benefit of a guarantee or support agreement from BAWAG ranking pari passu as to participation in the assets of BAWAG with BAWAG's obligations under this Support Agreement;
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Asset Parity Security means any preferred or preference share or other security issued by Erste Bank, the Issuer, any other Subsidiary, any other special purpose vehicle or protected cell company (i) ranking pari passu as to participation in the assets of Erste Bank with Erste Bank’s obligations under the Support Agreement, or (ii) entitled to the benefit of a guarantee or support agreement from Erste Bank ranking pari passu as to participation in the assets of Erste Bank with Erste Bank’s obligations under the Support Agreement;
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Asset Parity Security. ’ means any preference share, preferred security or other security issued by Bank Austria Creditanstalt, the Issuer or any other Subsidiary of Bank Austria Creditanstalt (a) ranking pari passu as to participation in the assets of Bank Austria Creditanstalt with Bank Austria Creditanstalt’s obligations under this Support Agreement, or (b) entitled to the benefit of a guarantee or support agreement from Bank Austria Creditanstalt ranking pari passu as to participation in the assets of Bank Austria Creditanstalt with Bank Austria Creditanstalt’s obligations under this Support Agreement;
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More Definitions of Asset Parity Security

Asset Parity Security. ’ means any preference share, preferred security or other security issued by Bank Austria Creditanstalt, the Company or any other Subsidiary of Bank Austria Creditanstalt
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Asset Parity Security. ’ means any preference share, capital note or other security issued by RZB, the Company or any other Subsidiary of RZB (a) ranking pari passu as to participation in the assets of RZB with RZB’s obligations under this Support Agreement (including, for the avoidance of doubt and without limitation, the 1999 Preference Shares and the 2003 Preferred Securities), or
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Related to Asset Parity Security

  • Security, Securities shall have the meaning set forth in Section 2(1) of the Securities Act;

  • Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.

  • Exempt Security means any: (1) direct obligation of the Government of the United States, including all state and municipal obligations; (2) bankers’ acceptance, bank certificate of deposit, commercial paper, bank repurchase agreement and other high quality short-term debt instrument; (3) shares issued by registered open-end mutual funds (including money-market funds) and unit investment trusts, in each case provided they are not Reportable Funds or ETFs (as such terms are defined herein); and (4) Securities in an account over which you do not have any direct or indirect influence or Control (note that there is a presumption that you can exert some measure of influence or control over accounts held by members of your immediate family sharing the same household, but this presumption may be rebutted by convincing evidence acceptable to the Chief Compliance Officer in accordance with this Code);

  • Senior Security or “Senior Securities” means any Security or Securities designated pursuant to Section 301 as a Senior Security.

  • First Priority Secured Parties means, with respect to each Type of Common Collateral, the First Priority Representative and the holders of the First Priority Obligations.