Compliant Securities means securities issued by UBS Group AG or any of its subsidiaries that have economic terms not materially less favourable to a Holder than these Terms and Conditions (as reasonably determined by the Issuer), provided that
Compliant Securities means securities issued directly by CSG or by a subsidiary of CSG and guaranteed by CSG that:
Compliant Securities means securities issued directly or indirectly by the Issuer that satisfy all the conditions below:
Examples of Compliant Securities in a sentence
If so specified in the applicable Final Terms, then following the occurrence of a Relevant Disqualification Event in relation to the Existing Notes, the Issuer may, subject to Condition 6(m) (without any requirement for the consent or approval of the Noteholders or the Trustee), either substitute all (but not some only) of such Existing Notes for, or vary the terms of such Existing Notes so that they remain or, as appropriate, become, Compliant Securities.
More Definitions of Compliant Securities
Compliant Securities means securities that:
Compliant Securities means securities issued directly by LBG that:
Compliant Securities means securities issued by UBS Group AG or any of its subsidiaries that have economic terms not materially less favourable to a Holder than these Terms and Conditions (as reasonably determined by the Issuer), provided that:
Compliant Securities means securities issued directly by the Company that have terms not materially less favourable to an investor than the terms of the Contingent Capital Notes (as determined by the Company in consultation with an Independent Financial Adviser), provided that the Company has delivered an officer’s certificate to such effect (including as to such consultation) to the Trustee (upon which the Trustee shall be entitled to conclusively rely on and accept such certificate without further enquiry and without liability to any person) prior to the substitution or variation of the Contingent Capital Notes and provided that such substitution or varied securities:
Compliant Securities means securities issued directly by the Company that: