Tier 2 Own Funds means own funds eligible to be classified as Tier 2 (or whatever the terminology employed by the Future Regulations, including any transitional arrangements as applicable) under the Future Regulations.
Tier 2 Own Funds means own funds which have the necessary features to be classified as Tier 2 under the Applicable Regulations;
Tier 2 Own Funds means own funds which have the necessary features to be classified as Tier 2 (or whatever the terminology employed by the Relevant Regulations, including any transitional arrangements as applicable) under the Relevant Regulations.
Examples of Tier 2 Own Funds in a sentence
More particularly, it is intended that this Note should constitute Tier 2 Own Funds of the Issuer and of the Group as at the Issue Date of this Note.
More Definitions of Tier 2 Own Funds
Tier 2 Own Funds means own funds classified as Tier 2 under the Applicable Regulations; "Tier 3 Own Funds" means own funds classified as Tier 3 under the Applicable Regulations.2.2 InterpretationIn these Conditions:
Tier 2 Own Funds means own funds which have the necessary features to be classified as Tier 2 (or whatever the terminology employed by the Future Regulations) under the Future Regulations;
Tier 2 Own Funds has the meaning given to such termby the Applicable Regulations from t ime to time.
Tier 2 Own Funds means own funds which have the necessary features to be classified as Tier 2 (or whatever the terminology employed by the Relevant Regulations, including any transitional arrangements as applicable) under the Relevant Regulations. Deferred Interest: Deferred Interest may, subject to the provisions of Condition 5(a)(Mandatory deferral of interest), at the option of the Issuer, be paid in whole or in part (in such latter case the payment in respect of any Note and in respect of any period will be made pro rata to the total amount of all unpaid Deferred Interest in respect of that period to the date of payment) at any time; and shall become due and payable, in whole, on the earliest of:
Tier 2 Own Funds has the meaning given to such term by the Applicable Regulations from time to time.
Tier 2 Own Funds means subordinated notes which are capable of counting as cover for capital requirements or treated as tier 2 "own funds" (howsoever described in the Solvency II Directive or the Solvency II Regulations) applicable to the Issuer, the Group or any insurance undertaking within the group, whether on a solo, group or consolidated basis; and
Tier 2 Own Funds means own funds which have the necessary features to be classified as tier 2 under the Applicable Regulations. 2. FORM, DENOMINATION AND TITLE 2.1 Form and Denomination The Notes are in bearer form, serially numbered, in the denomination of €100,000 and integral multiples of €1,000 in excess thereof up to and including €199,000 each with Coupons attached on issue. 2.2 Title Title to the Notes and to the Coupons will pass by delivery.2.3 Holder Absolute Owner The Issuer and any Paying Agent may (to the fullest extent permitted by applicable laws) deem and treat the bearer of any Note or Coupon as the absolute owner for all purposes (whether or not the Note or Coupon shall be overdue and notwithstanding any notice of ownership or writing on the Note or Coupon or any notice of previous loss or theft of the Note or Coupon) and no Person shall be liable for so treating such holder.