Common use of Correction of Minor Defects in or Amendment of Subordinated Debt Securities Clause in Contracts

Correction of Minor Defects in or Amendment of Subordinated Debt Securities. If, after issuance of any Subordinated Debt Security (including any Global Security), the Company or the Trustee shall become aware of any ambiguity, defect or inconsistency in any term thereof, the Company and the Trustee agree to amend such Subordinated Debt Security (including any Global Security) as contemplated by ‎Section 9.01(h) and the parties hereto shall provide for the execution, authentication, delivery and dating of one or more replacement Subordinated Debt Securities or Global Securities, as the case may be, pursuant to ‎Section 3.03 hereto, provided, however, that such amendment is not materially adverse to Holders of any Outstanding Subordinated Debt Securities.

Appears in 8 contracts

Sources: Ninth Supplemental Indenture (NatWest Group PLC), Ninth Supplemental Indenture (NatWest Group PLC), Eighth Supplemental Indenture (NatWest Group PLC)

Correction of Minor Defects in or Amendment of Subordinated Debt Securities. If, after issuance of any Subordinated Debt Security (including any Global Security), If the Company or the Trustee shall become aware of any ambiguity, defect or inconsistency in any term thereofof a Subordinated Debt Security or Global Security, as the case may be, or, with respect to any Subordinated Debt Security (including any Global Security) issued on or after the date hereof, the Company and the Trustee agree to may amend such Subordinated Debt Security (including any Global Security) as contemplated by ‎Section Section 9.01(h) (subject to Section 9.07) and the parties hereto shall provide for the execution, authentication, delivery and dating of one or more replacement Subordinated Debt Securities or Global Securities, as the case may be, pursuant to ‎Section Section 3.03 hereto, provided, however, that such amendment is not materially adverse to Holders of any Outstanding Subordinated Debt Securities.

Appears in 7 contracts

Sources: Fifth Supplemental Indenture (Lloyds Banking Group PLC), Seventh Supplemental Indenture (Lloyds Banking Group PLC), Fifth Supplemental Indenture (Lloyds Banking Group PLC)

Correction of Minor Defects in or Amendment of Subordinated Debt Securities. If, after issuance of any Subordinated Debt Security (including any Global Security), If the Company or the Trustee shall become aware of any ambiguity, defect or inconsistency in any term thereofof a Subordinated Debt Security or Global Security, as the case may be, or, with respect to any Subordinated Debt Security (including any Global Security) issued on or after the date hereof, the Company and the Trustee agree to may amend such Subordinated Debt Security (including any Global Security) as contemplated by ‎Section 9.01(h9.01(l) (subject to Section 9.07) and the parties hereto shall provide for the execution, authentication, delivery and dating of one or more replacement Subordinated Debt Securities or Global Securities, as the case may be, pursuant to ‎Section 3.03 hereto, provided, however, that such amendment is not materially adverse to Holders of any Outstanding Subordinated Debt Securities.

Appears in 3 contracts

Sources: Fourth Supplemental Indenture (Royal Bank of Scotland Group PLC), Third Supplemental Indenture (Royal Bank of Scotland Group PLC), Second Supplemental Indenture (Royal Bank of Scotland Group PLC)