Liquidation Parity Obligations means the most senior preferred or preference shares or securities or other obligations of the Bank and any guarantee, support agreement or other similar undertaking of the Bank, in each case ranking pari passu with this Guarantee as regards entitlement to distributions on liquidation thereunder and any preferred or preference shares or securities or other obligations of a Subsidiary including the Issuer entitled to the benefit of a guarantee, support agreement or other similar undertaking of the Bank which guarantee, support agreement or other similar undertaking ranks pari passu with this Guarantee as regards entitlement to distributions on liquidation thereunder;
Liquidation Parity Obligations. ’ means the most senior preferred or preference shares or similar securities of the Bank and any guarantee,support agreement or other contractual undertaking (ranking pari passu with the Guarantee as regards participation in the assets of the Bank) of any preferred or preference shares of Subsidiaries;
Liquidation Parity Obligations. ’ means the most senior preferred or preference shares or similar securities qualifying as tier 1 capital of the Bank and all preferred or preference shares or similar securities of Subsidiaries or of the Company (other than the Preference Shares) qualifying as tier 1 capital of the Bank on a consolidated basis and entitled to the benefit of any guarantee, support agreement or other contractual undertaking of the Bank
More Definitions of Liquidation Parity Obligations
Liquidation Parity Obligations means the most senior preference shares or preferred securities or similar securities of the Bank or any guarantee or support agreement or similar undertaking of the bank (ranking pari passu with the Preference Shares as regards participation in the assets of the Bank) in respect of Preference Shares or similar securities of a Subsidiary (including but not limited to claims under the guarantee of the Bank in favour of holders of preferred securities issued by the Subsidiary of the Ban, National Bank of Greece Funding Limited);