Undated Subordinated Notes means Notes specified in the applicable Pricing Supplement as undated subordinated notes; and
Undated Subordinated Notes means Notes which are specified in the applicable Final Terms as being undated subordinated Notes;
Undated Subordinated Notes means notes with no specified maturity date which are direct, unconditional, unsecured and subordinated obligations of the Issuer and rank pari passu without any preference among themselves and pari passu with any other existing or future direct, unconditional, unsecured and subordinated obligations of the Issuer with no specified maturity date (any such obligations, Undated Subordinated Obligations).
Examples of Undated Subordinated Notes in a sentence
Provisions relating to the deferral of interest on Undated Subordinated Notes will be set out in the relevant Pricing Supplement.