Relevant Part definition

Relevant Part means the relevant part of the Shared Business Contracts which relates exclusively to the Business (or the relevant part of the Business that is transferred to the Purchaser at Closing);

Relevant Part means the Part, other than Part I, of these Regulations applicable to the description of performer therein prescribed;

Relevant Part means, in respect of each Split Transferred Contract, each part or parts of such Contract which either:

Examples of Relevant Part in a sentence

• Where only a Relevant Part of a Tier 2 Note is written off (and such Tier 2 Note is therefore only partially written off), a Tier 2 Noteholder’s rights, title and interest in, and the Issuer’s obligations in respect of, that portion of such Tier 2 Noteholder’s Tier 2 Notes not written off, will remain unaffected by the writing off of such Relevant Part.

• Relevant Part: the proportion of any Relevant Supplier Invoice which relates to those Goods which a Customer has failed to make payment for and as a result has given rise to an Exceptional Circumstance.

• The Regulatory Capital Notes issued or to be issued currently provide in the contractual terms and conditions thereof for the writing off of such Tier 2 Notes (or a Relevant Part thereof) upon the occurrence of a Trigger Event (as defined in the Programme) (see section 4 below for further details).

• The terms and conditions of the Tranches of Tier 2 Notes issued under this Programme accordingly provide for the write off of Tier 2 Notes (or a Relevant Part thereof) at the discretion of the Registrar of Banks upon the occurrence of a Trigger Event (see Condition 6.5 (Write off of Tier 2 Notes upon a Trigger Event) (as inserted by paragraph 5 of Annexure C to this Applicable Pricing Supplement)).

• The Tier 2 Notes issued or to be issued under this Series currently provide in the contractual terms and conditions thereof for the writing off of such Tier 2 Notes (or a Relevant Part thereof) upon the occurrence of a Trigger Event (see paragraph 1.12.5 (Statutory Loss Absorption at the Point of Non-viability of the Issuer) below for further details).

More Definitions of Relevant Part

Relevant Part means that portion of a Tier 2 Note, whether expressed as a value, a percentage or otherwise, to be written off upon the occurrence of a Trigger Event, as determined and notified by the Registrar of Banks;

Relevant Part means, in respect of a Shared Business Contract, the part of it which Exclusively Relates to the relevant Contributed Business (or the part of the relevant Contributed Business that is transferred to the Purchaser at Closing);

Relevant Part means the InfraCo Part and/or RemainCo Part of a Shared InfraCo Contract and/or Shared RemainCo Contract, as the context requires;

Relevant Part means the portion of the aggregate Current Principal Amount of the Notes which the Prudential Authority requires to be Written-off upon the occurrence of a Non- Viability Trigger Event whether expressed as a value, a percentage or otherwise, as determined and notified to the Issuer by the Prudential Authority.

Relevant Part means, in respect of a Shared Contract, the part of it which exclusively relates to the Group;

Relevant Part means that part of the Application Product which incorporates, demonstrates and relates in any other way to the use and modification of the Runtime Programs or any part of the Runtime Programs and which contains an outline of the basic structure of the Application Product;

Relevant Part has the meaning given in sub-Clause 17.1(B);