Parity Loss-Absorbing Instruments definition

Parity Loss-Absorbing Instruments means any Loss-Absorbing Instrument that is or represents a Parity Obligation,
Sample 1Sample 2Sample 3
Parity Loss-Absorbing Instruments means any Loss-Absorbing Instrument that is or represents a Parity Obligation.
Sample 1Sample 2Sample 3
Parity Loss-Absorbing Instruments means any Non-Viability Event Loss Absorbing Instrument that is or represents a Parity Obligation.
Sample 1Sample 2

Examples of Parity Loss-Absorbing Instruments in a sentence

  • For these purposes, any determination of a Write- Down Amount shall take into account the absorption of the relevant loss(es) to the maximum extent possible by all Junior Obligations and the Writing Down of the Notes pro rata with any other Parity Loss-Absorbing Instruments, thereby maintaining the respective rankings described under Condition 2.1 above.


More Definitions of Parity Loss-Absorbing Instruments

Parity Loss-Absorbing Instruments means any Loss-Absorbing Instrument that is either in the capacity of a Parity Liability or representing a Parity Liability”;
Sample 1

Related to Parity Loss-Absorbing Instruments

  • Loss Absorbing Instrument means, at any time, any Additional Tier 1 Capital instrument (other than the Notes) issued directly or indirectly by the Issuer which contains provisions pursuant to which all or part of its principal amount may be written-down (whether on a permanent or temporary basis) or may otherwise absorb losses (in each case in accordance with its terms) on the occurrence, or as a result, of a trigger event set by reference to the Group CET1 Ratio;

  • Shared Principal Collections means, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates.

  • Diameter at breast height (dbh) means the diameter of a tree at 4 1/2 feet above the ground measured from the uphill side.

  • Underlying Instrument means the loan agreement, credit agreement or other customary agreement pursuant to which a Collateral Obligation has been created or issued and each other agreement that governs the terms of or secures the obligations represented by such Collateral Obligation or of which the holders of such Collateral Obligation are the beneficiaries.