Compliant Securities definition
Compliant Securities means securities issued by UBS Group AG or any of its subsidiaries that have economic terms not materially less favourable to a Holder than these Terms and Conditions (as reasonably determined by the Issuer), provided that
Compliant Securities means securities issued directly by CSG or by a subsidiary of CSG and guaranteed by CSG that:
Compliant Securities means securities issued directly or indirectly by the Issuer that satisfy all the conditions below:
Examples of Compliant Securities in a sentence
Cancellation of any Note following its redemption, substitution for Qualifying Securities or Rating Agency Compliant Securities, Automatic Conversion or purchase by the Issuer, the Guarantor or any of the subsidiaries of the Issuer or the Guarantor will be effected by reduction in the aggregate principal amount of the Notes in the register of Noteholders and will be duly endorsed (for information purposes only) in the third column of the Schedule to this Global Certificate.
More Definitions of Compliant Securities
Compliant Securities means securities issued directly or indirectly by the Issuer that:
Compliant Securities means securities that:
Compliant Securities means securities issued directly by the Issuer that:
Compliant Securities means securities issued directly by LBG that:
Compliant Securities means securities issued directly by the Company that:
Compliant Securities means securities issued directly by the Company that have terms not materially less favourable to an investor than the terms of the Contingent Capital Notes (as determined by the Company in consultation with an Independent Financial Adviser), provided that the Company has delivered an officer’s certificate to such effect (including as to such consultation) to the Trustee (upon which the Trustee shall be entitled to conclusively rely on and accept such certificate without further enquiry and without liability to any person) prior to the substitution or variation of the Contingent Capital Notes and provided that such substitution or varied securities:
Compliant Securities means securities issued directly or indirectly by the Bank that: