Examples of Additional Tier 1 instruments in a sentence
The amount to be deducted pursuant to paragraph 1 shall be apportioned across all Additional Tier 1 instruments held.
An institution issuing Additional Tier 1 instruments that convert to Common Equity Tier 1 on the occurrence of a trigger event shall ensure that there are no procedural impediments to that conversion by virtue of its incorporation or statutes or contractual arrangements.
An institution issuing Additional Tier 1 instruments that convert to Common Equity Tier 1 on the occurrence of a trigger event shall ensure that its authorised share capital is at all times sufficient, for converting all such convertible Additional Tier 1 instruments into shares if a trigger event occurs.
The conditions laid down in point (i) of paragraph 1 shall be met notwithstanding a write down on a permanent basis of the principal amount of Additional Tier 1 instruments.
All necessary authorisations shall be obtained at the date of issuance of such convertible Additional Tier 1 instruments.