Similar Instruments definition

Similar Instruments means any other instrument issued on substantially the same terms as this Instrument in respect of Affiliated/Strategic Assets as defined and set out in the SPA.
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Examples of Similar Instruments in a sentence

  • For the purpose of such calculation, the Issuer's loss sharing liable capital shall include any and all outstanding CET 1 Instruments and AT 1 Instruments and Similar Instruments.

  • Common and surplus shares are accounted for in accordance with IFRIC 2 - Members’ Shares in Co-operative Entities and Similar Instruments (“IFRIC 2”).

  • For the purpose of such calculation, the Issuer’s loss sharing liable capital shall include any and all outstanding CET 1 and AT 1 Instruments and Similar Instruments.

  • Standby Letters of Credit and Similar Instruments The Company has arrangements with various banks to issue standby letters of credit or similar instruments, which guarantee the Company’s obligations for the purchase or sale of certain inventories and for potential claims exposure for insurance coverage.

  • Similar Instruments means any (directly or indirectly issued) debt instrument of the Issuer pursuant (other than the Notes) of the Issuer that provides for a write-down mechanism (permanent or temporary).

  • Rowley, 458 U.S. 176, 182-84 (1982) (explaining the procedural requirements under IDEA).

  • Shares that contain redemption features subject to the Credit Union maintaining adequate regulatory capital are accounted for using the partial treatment requirements of IFRIC 2, Members’ Shares in Cooperative Entities and Similar Instruments.

  • This is not in compliance with IFRS.IFRIC 2 – Members’ Shares in Co-operative Entities and Similar Instruments requires that the voluntary shares be classified as liabilities and that the dividends paid on these shares be classified as an expense, where there is no unconditional right of the Credit Union to refuse redemption, whether through legislation or through the Credit Union’s own rules.

  • Shares that contain redemption features subject to the Credit Union maintaining adequate regulatory capital are accounted for using the partial treatment requirements of IFRIC 2, Members' Shares in Co-operative Entities and Similar Instruments.

  • Member shares are recognized as a liability, equity or compound instrument based on their respective terms and in accordance with IAS 32 Financial Instrument Presentation, and IFRIC 2 Members’ Shares in Cooperative Entities and Similar Instruments.

Related to Similar Instruments

  • Tier 1 Instruments means any and all (i) securities or other obligations (other than Tier 1 Shares) issued by UBS Group AG or (ii) shares, securities, participation securities or other obligations (other than Tier 1 Shares) issued by a subsidiary of UBS Group AG and having the benefit of a guarantee, credit support agreement or similar undertaking of UBS Group AG, each of which shares, securities, participation securities or other obligations described in clauses (i) and (ii) of this definition qualify, or are issued in respect of a security that qualifies, as Tier 1 Capital of the Group and/or UBS Group AG (without regard to quantitative limits on such capital) on a consolidated (Finanzgruppe) or on an unconsolidated (Einzelinstitut) basis.

  • Tier 2 Instruments means at any time tier 2 instruments as interpreted and applied in accordance with the Applicable Banking Regulations;

  • Trade Instruments means any performance bonds, advance payment bonds or documentary letters of credit issued in respect of the obligations of any member of the Group arising in the ordinary course of trading of that member of the Group.

  • Company Security Agreement means the Company Security Agreement executed and delivered by the Company on the Effective Date, substantially in the form of EXHIBIT 1.1(D) annexed hereto, as such Company Security Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness.