Additional Tier 1 instruments definition
Examples of Additional Tier 1 instruments in a sentence
The write-up shall be effected pari passu with write-ups of other Additional Tier 1 instruments within the meaning of the CRR, unless this would cause the Issuer to be in breach of any contractual obligations that have been assumed by the Issuer or with any statutory or regulatory obligations.
Upon the occurrence of a Trigger Event, a write-down shall be effected pro rata with all other Additional Tier 1 instruments within the meaning of the CRR (Additional Tier 1 Capital), the terms of which provide for a write-down (whether permanent or temporary) upon the occurrence of the Trigger Event.
This security is one of a duly authorized series (the “PerpNC6 Notes”) of Additional Tier 1 instruments (within the meaning of the CRR (as defined in § 3 (9))) of Deutsche Bank Aktiengesellschaft (the “Issuer”).
If the Capital Securities are deemed not to have qualified as Additional Tier 1 instruments or other Own Funds Instruments or at any time cease to so qualify, the obligations under the Capital Securities will, pursuant to Section 46f(7a) sentence 3 of the German Banking Act, rank senior to all obligations under Own Funds Instruments.
This security is one of a duly authorized series (the “$NC10 Notes”) of Additional Tier 1 instruments (within the meaning of the CRR (as defined in § 3 (9))) of Deutsche Bank Aktiengesellschaft (the “Issuer”).