Loss Absorption Disqualification Event Redemption. Subject to Section 11.10, the Company may, at the Company’s option (but subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, the Company giving notice to the Relevant Regulator and the Relevant Regulator granting the Company permission), having given not less than 30 nor more than 60 days’ notice to holders, redeem all but not some only of the Securities outstanding at any time at 100% of their principal amount together with any accrued but unpaid interest to the date of redemption, if immediately prior to the giving of the notice referred to above, the Company satisfies the Trustee that a Loss Absorption Disqualification Event has occurred.
Appears in 4 contracts
Samples: Ninth Supplemental Indenture (Lloyds Banking Group PLC), Eighth Supplemental Indenture (Lloyds Banking Group PLC), Supplemental Indenture (Lloyds Banking Group PLC)
Loss Absorption Disqualification Event Redemption. Subject to Section 11.1011.11, the Company may, at the Company’s option (but subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, the Company giving notice to the Relevant Regulator and the Relevant Regulator granting the Company permission), having given not less than 30 nor more than 60 days’ notice to holders, redeem all but not some only of the Securities outstanding at any time at 100% of their principal amount together with any accrued but unpaid interest to the date of redemption, if immediately prior to the giving of the notice referred to above, the Company satisfies the Trustee that a Loss Absorption Disqualification Event has occurred.
Appears in 4 contracts
Samples: Supplemental Indenture (Lloyds Banking Group PLC), Supplemental Indenture (Lloyds Banking Group PLC), Eleventh Supplemental Indenture (Lloyds Banking Group PLC)
Loss Absorption Disqualification Event Redemption. Subject to Section 11.1011.11, the Company may, at the Company’s option (but subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, the Company our giving notice to the Relevant Regulator and the Relevant Regulator granting the Company us permission), having given not less than 30 nor more than 60 days’ notice to holders, redeem all but not some only of the Securities outstanding at any time at 100% of their principal amount together with any accrued but unpaid interest to the date of redemption, if immediately prior to the giving of the notice referred to above, the Company satisfies the Trustee that a Loss Absorption Disqualification Event has occurred.
Appears in 2 contracts
Samples: Fourth Supplemental Indenture (Lloyds Banking Group PLC), Third Supplemental Indenture (Lloyds Banking Group PLC)
Loss Absorption Disqualification Event Redemption. Subject to Section 11.1011.11, the Company may, at the Company’s option (but subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, the Company giving notice to the Relevant Regulator and the Relevant Regulator granting the Company permission), having given not less than 30 15 nor more than 60 30 days’ notice to holders, redeem all but not some only of the a series of Securities outstanding at any time at 100% of their principal amount together with any accrued but unpaid interest to the date of redemption, if immediately prior to the giving of the notice referred to above, the Company satisfies delivers to the Trustee an Officer’s Certificate stating that a Loss Absorption Disqualification Event has occurred.
Appears in 2 contracts
Samples: Supplemental Indenture (Lloyds Banking Group PLC), Supplemental Indenture (Lloyds Banking Group PLC)
Loss Absorption Disqualification Event Redemption. Subject to Section 11.1011.11, the Company may, at the Company’s option (but subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, the Company giving notice to the Relevant Regulator and the Relevant Regulator granting the Company permission), having given not less than 30 nor more than 60 days’ notice to holders, redeem all but not some only of the Securities outstanding at any time at 100% of their principal amount together with any accrued but unpaid interest to the date of redemption, if immediately prior to the giving of the notice referred to above, the Company satisfies delivers to the Trustee an Officer’s Certificate stating that a Loss Absorption Disqualification Event has occurred.
Appears in 1 contract
Samples: Fifteenth Supplemental Indenture (Lloyds Banking Group PLC)
Loss Absorption Disqualification Event Redemption. Subject to Section 11.1011.11, the Company may, at the Company’s option (but subject to, if and to the extent then required by the Relevant Regulator or the Loss Absorption Regulations, the Company giving notice to the Relevant Regulator and the Relevant Regulator granting the Company permission), having given not less than 30 15 nor more than 60 30 days’ notice to holders, redeem all but not some only of the Securities outstanding at any time at 100% of their principal amount together with any accrued but unpaid interest to the date of redemption, if immediately prior to the giving of the notice referred to above, the Company satisfies delivers to the Trustee an Officer’s Certificate stating that a Loss Absorption Disqualification Event has occurred.
Appears in 1 contract
Samples: Sixteenth Supplemental Indenture (Lloyds Banking Group PLC)