Examples of Preferred Notes in a sentence
The applicable Final Terms will indicate whether the Notes are Senior Preferred Notes, Senior Non- Preferred Notes or Subordinated Notes.
This Condition 2(a) applies only to Senior Preferred Notes and Senior Non-Preferred Notes; references to “Notes” and “Coupons” in Condition 2(a)(i) shall be construed as references to Senior Preferred Notes and the related Coupons and references to “Notes”, “Coupons” and “Couponholders” in Condition 2(a)(ii) shall be construed as references to Senior Non-Preferred Notes and the related Coupons.
The Notes may be Senior Preferred Notes, Senior Non-Preferred Notes or Subordinated Notes, depending upon the Status of the Notes shown in the applicable Final Terms or, in the case of Exempt Notes, the applicable Pricing Supplement.
The Notes may also be senior preferred notes (“Senior Preferred Notes”), senior non-preferred notes (“Senior Non-Preferred Notes” and, together with the Senior Preferred Notes, the “Senior Notes”) or subordinated notes (“Subordinated Notes”), depending on the status of the Notes specified in the relevant Final Terms.
If the Notes are Senior Preferred Notes, the applicable Final Terms will also indicate whether the Notes are Senior Preferred MREL Eligible Notes.
This Condition 3(a) is applicable in relation to Notes specified in the applicable Final Terms or, in the case of Exempt Notes, the applicable Pricing Supplement as being Senior Preferred Notes.
The Senior Preferred Notes constitute unsubordinated and unsecured obligations of the Issuer and rank pari passu without any preference among themselves.
This Condition 2.1 is applicable in relation to Notes specified in the applicable Final Terms as being Senior Preferred Notes.
The Senior Preferred Notes and any relative Coupons constitute direct, unconditional, unsubordinated and unsecured obligations of the Issuer and rank pari passu without any preference among themselves and (save for certain obligations required to be preferred by law) at least equally with all other unsecured obligations of the Issuer, from time to time outstanding.
The Senior Preferred Notes and any related Coupons are direct, unconditional, unsubordinated and unsecured obligations of the Issuer and rank pari passu among themselves.