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;
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;
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;
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
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