Common use of Subordination to Claims of Senior Creditors Clause in Contracts

Subordination to Claims of Senior Creditors. (a) With respect to the Additional Tier 1 Securities only, Section 12.01(a) of the Capital Securities Indenture shall be amended and restated in its entirety as follows in this Section 5.01. References in the Capital Securities Indenture to Section 12.01(a) thereof shall be to Section 5.01 hereof. For the avoidance of doubt, no provision of Article 12 of the Capital Securities Indenture other than Section 12.01(a) shall be amended by this First Supplemental Indenture.

Appears in 2 contracts

Samples: First Supplemental Indenture (Lloyds Banking Group PLC), First Supplemental Indenture (Lloyds Banking Group PLC)

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Subordination to Claims of Senior Creditors. (a) With respect to the Additional Tier 1 Securities only, Section 12.01(a) of the Capital Securities Indenture shall be amended and restated in its entirety as follows in this Section ‎Section 5.01. References in the Capital Securities Indenture to Section 12.01(a) thereof shall be to Section ‎Section 5.01 hereof. For the avoidance of doubt, no provision of Article 12 of the Capital Securities Indenture other than Section 12.01(a) shall be amended by this First Third Supplemental Indenture.

Appears in 1 contract

Samples: Indenture (Lloyds Banking Group PLC)

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Subordination to Claims of Senior Creditors. (a) With respect to the Additional Tier 1 Securities only, Section 12.01(a) of the Capital Securities Indenture shall be amended and restated in its entirety as follows in this Section ‎Section 5.01. References in the Capital Securities Indenture to Section 12.01(a) thereof shall be to Section ‎Section 5.01 hereof. For the avoidance of doubt, no provision of Article 12 of the Capital Securities Indenture other than Section 12.01(a) shall be amended by this First Fourth Supplemental Indenture.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Lloyds Banking Group PLC)

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