Parity Securities Payment definition

Parity Securities Payment means any payment of any nature on any Parity Securities (other than, for the avoidance of doubt, (x) any payment on any Parity Securities (other than the Notes) that was required to be made as a result of a dividend or other payment having been made on any Equity Securities or Parity Securities, or (y) any redemption, purchase or acquisition of Parity Securities by any means).
Parity Securities Payment means (i) any redemption, purchase or acquisition of Parity Securities (including the Notes) by the Issuer by any means, or (ii) any payment of any nature by the Issuer on any Parity Securities (including the Notes) (other than, for the avoidance of doubt, (x) a Reinstatement