Qualifying Securities definition
Qualifying Securities means securities issued by the Issuer that:
Qualifying Securities means securities issued directly or indirectly by the Issuer that:
Qualifying Securities means securities, whether debt, equity, interests in limited partnerships or otherwise, issued directly or indirectly by the Issuer that:
Examples of Qualifying 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 Qualifying Securities
Qualifying Securities means securities that:
Qualifying Securities means securities issued directly by the Issuer following a substitution or variation of the Notes in accordance with Clause 12.4(b) that have terms not materially less favourable to investors, certified by the Issuer acting reasonably (having consulted with an independent investment bank or independent financial adviser of international standing), than the terms of the Notes (immediately prior to the relevant substitution or variation), provided that they:
Qualifying Securities means securities that contain terms not materially less favourable to Securityholders than the terms of the Securities (as reasonably determined by the Issuer (in consultation with an independent investment bank or counsel of international standing)) and provided that a certification to such effect (and confirming that the conditions set out in (a) to (h) below have been satisfied) of two directors of the Issuer shall have been delivered to the Trustee prior to the substitution or variation of the Securities upon which certificate the Trustee shall rely absolutely), provided that:
Qualifying Securities means, at any time, any securities issued by the Issuer that:
Qualifying Securities means, for the purpose of this Condition 6(k), securities, whether debt, equity, interests in limited partnerships or otherwise, issued directly or indirectly by the Issuer that:
Qualifying Securities means securities issued by the Issuer or another entity that:
Qualifying Securities means securities that contain terms not materially less favorable to the class of Noteholders of the Non-Call 5.25 Notes or Non-Call 10 Notes, as the case may be, and in each case taken as a whole, than the terms of the respective notes (as reasonably determined by BP Capital U.K. (in consultation with an independent investment bank or counsel of international standing)) and provided that an officers’ certificate to such effect (and confirming that the conditions set out in (a) to (j) below have been satisfied) shall have been delivered to the Trustee prior to the substitution or variation of the relevant notes upon which certificate the Trustee shall rely absolutely). Such Qualifying Securities: