Restriction on Interest Payments. (a) Without limitation on the provisions of Section 2.03 and subject to the extent permitted in paragraph (b) below in respect of partial interest payments in respect of the Securities, the Company shall not make an interest payment in respect of the Securities on any Interest Payment Date (and such interest payment shall therefore be deemed to have been cancelled and thus shall not be due and payable on such Interest Payment Date) if:
Appears in 3 contracts
Samples: Fourth Supplemental Indenture (Barclays PLC), Fifth Supplemental Indenture (Barclays PLC), Third Supplemental Indenture (Barclays PLC)
Restriction on Interest Payments. (a) Without limitation on the provisions of Section 2.03 and subject to the extent permitted in paragraph (b) below in respect of partial interest payments in respect of the Additional Tier 1 Securities, the Company shall not make an interest payment in respect of the Additional Tier 1 Securities on any Interest Payment Date (and such interest payment shall therefore be deemed to have been cancelled canceled and thus shall not be due and payable on such Interest Payment Date) if:):
Appears in 2 contracts
Samples: First Supplemental Indenture (Lloyds Banking Group PLC), First Supplemental Indenture (Lloyds Banking Group PLC)
