Tier 1 Notes definition
Examples of Tier 1 Notes in a sentence
With respect to the Tier 1 Notes only, the first paragraph of Section 12.03 of the Base Indenture is deleted in its entirety.
Notwithstanding Section 3.07 of the Base Indenture, payments of Distributions, if any, and any Additional Amounts on the Tier 1 Notes may be made by wire transfer of immediately available funds.
On each Payment Date, the Borrower shall also pay to the Tier 1 Noteholders accrued interest on the Tier 1 Notes for the preceding Fiscal Quarter.
With respect to the Tier 1 Notes only, Article 5 of the Base Indenture is deleted in its entirety.
The recitals and statements herein and in the Tier 1 Notes are deemed to be those of the Company and not the Trustee.
This First Supplemental Indenture and any indenture supplemental hereto and any other document, certificate or opinion delivered in connection with this First Supplemental Indenture, such supplemental indenture or the issuance and delivery of the Tier 1 Notes may be signed by or on behalf of the Company and the Trustee by manual, facsimile or pdf or other electronically imaged signature (including, without limitation, DocuSign and AdobeSign).
This First Supplemental Indenture constitutes an integral part of the Contingent Convertible Capital Securities Indenture and, where applicable, with respect to the Tier 1 Notes.
Notwithstanding anything to the contrary contained herein or in the Credit Documents, all principal and accrued and unpaid interest on, the Tier 1 Notes shall be due and payable on the Tier 1 Maturity Date, unless earlier accelerated in accordance with Sections 10.2 and 10.3.
The Prevailing Principal Amount of the Restricted Tier 1 Notes following the Write-Down shall be € [●].
The Notes shall be payable to the order of the applicable Noteholder and be in the form of Exhibits 2.6A, 2.6B and 2.6C (the "Tier 1 Notes," the "Tier 2 Note" and the "Tier 3 Note", respectively).