Tier 2 Conditions definition

Tier 2 Conditions means, in respect of the Tier 2 Notes of each Series, the terms and conditions applicable except that, in relation to any particular Tranche of Notes, it means such Conditions as completed by the relevant Final Terms or, as applicable, as supplemented, amended and/or replaced to the extent described in the Drawdown Prospectus or Securities Note (as the case may be) and any reference to a numbered Condition shall be construed accordingly.
View Source
Tier 2 Conditions means, in respect of the Tier 2 Notes of each Series, the terms and conditions applicable thereto which shall be substantially in the form set out in Schedule 2 Part C Part 2 as modified, with respect to any Tier 2 Notes represented by a Global Certificate or a Global Note, by the provisions of such Global Certificate or Global Note, shall incorporate any additional provisions forming part of such terms and conditions set out in the Final Terms relating to the Tier 2 Notes of that Series, shall be in the case of Tier 2 Notes which are also Exempt Notes as modified and/or replaced by the applicable Final Terms relating to the Tier 2 Notes of that Series and shall be endorsed on the Definitive Notes subject to amendment and completion as referred to in the first paragraph of Schedule 2 Part C Part 2 and any reference to a particularly numbered Tier 2 Condition shall be construed accordingly;
View Source
Tier 2 Conditions means the terms and conditions applicable to each Series of Tier 2 Notes, which shall be substantially in the form set out in Schedule 2 Part B Part III as
View Source

Examples of Tier 2 Conditions in a sentence

  • Redemption for tax reasons) of the Tier 2 Conditions or the Tier 3 Conditions, as the case may be, become relevant in relation to any Notes, the documents required thereunder.

  • The Trustee may agree with the Issuer without the consent of Noteholders or Couponholders to any modification to this Trust Deed, the Tier 2 Conditions or Tier 3 Conditions, the Agency Agreement or the Calculation Agency Agreement in relation to the Tier 2 Notes or Tier 3 Notes (as applicable) which, in the opinion of the Trustee, is of a formal, minor or technical nature or to correct a manifest error.

  • The Trustee shall not be under any duty to monitor whether any event or circumstance has happened or exists within Condition 6 of the Tier 2 Conditions or Condition 6 of the Tier 3 Conditions and will not be responsible to Noteholders for any loss arising from any failure by it to do so.

  • The Trustee may agree with the Issuer without the consent of the Noteholders or Couponholders to any modification to this Trust Deed, the Tier 2 Conditions or Tier 3 Conditions, the Agency Agreement or the Calculation Agency Agreement in relation to the Tier 2 Notes or Tier 3 Notes (as applicable) which is in its opinion not materially prejudicial to the interests of the Noteholders, provided that such power shall not extend to any of the matters specified in the proviso to paragraph 2 of Schedule 3.

  • No modification to the Tier 2 Conditions or Tier 3 Conditions or any provisions of the Trust Deed or substitution under Clause 15.2 shall become effective unless the Issuer shall have given at least one month's prior written notice to, and received no objection from, the Relevant Regulator (or such shorter period of notice as the Relevant Regulator may accept) (so long as there is a requirement to give such notice).

  • For the avoidance of doubt, any payment which is deferred or suspended in accordance with Tier 2 Conditions shall not be considered due for the purposes of this Clause 7.1.

  • No modification to the Tier 2 Conditions or Tier 3 Conditions or any provisions of the Trust Deed or substitution under Clause 15.2 shall become effective unless the Issuer shall have given at least one month’s prior written notice to, and received no objection from, the Relevant Regulator (or such shorter period of notice as the Relevant Regulator may accept) (so long as there is a requirement to give such notice).