Examples of Capital Notes in a sentence
In the case of Subordinated Notes or Additional Tier 1 Capital Notes where the Calculation Amount has been adjusted as described in the definition thereof, where the Specified Denomination of a Note is the Original Calculation Amount, the amount of interest payable in respect of such Note shall be the amount (determined in the manner provided above) for the Calculation Amount.
This Condition 10 (Reduction of Amounts of Principal and Unpaid Interest) is only applicable to Subordinated Notes and shall only apply until the date on which none of the Existing Tier 2 Capital Notes is outstanding.
Accordingly, on the date on which none of the Existing Tier 2 Capital Notes is outstanding, this Condition 10 shall automatically cease to apply and have no effect.
The entering into and performance of this Agreement, the issuance of any shares or Capital Notes hereunder and the issuance of the Conversion Shares do not require, or give any holder of Equity Rights the right to have made, any adjustments to be made in the conversion or exercise price, the number of shares issuable upon conversion or exercise or any other provision of the aforegoing Equity Rights.
Any such notice shall specify the relevant details of the manner in which such substitution or variation shall take effect and where the Holders can inspect or obtain copies of the new terms and conditions of the Qualifying Capital Notes.