Existing Tier 1 Securities definition

Existing Tier 1 Securities means the Existing 2019 Tier 1 Securities and the Existing 2020 Tier 1 Securities;
Existing Tier 1 Securities means the U.S.$300,000,000 Perpetual Tier 1 Capital Securities issued by the Bank on 18 November 2015;
Existing Tier 1 Securities means the U.S.$250,000,000 Tier 1 Capital Certificates issued by Boubyan Tier 1 Capital SPC Limited on 16 May 2016 with ISIN XS1407089926;

Examples of Existing Tier 1 Securities in a sentence

  • Difficulties in appropriating knowledge and returns from innovationcan often provide a strong market failure justification for intervention.

  • As a result, in the event that the Certificates are subject to a Write- down, the Existing Tier 1 Securities will not be subject to a Write-down and the holders thereof shall continue to be entitled to receive payments in accordance with their respective terms.

  • The terms of the Existing Tier 1 Securities do not include write-down or similar features with triggers comparable to those of the Certificates.


More Definitions of Existing Tier 1 Securities

Existing Tier 1 Securities means the SAR 2,000,000,000 perpetual tier 1 mudaraba sukuk issued by the Bank on 15 July 2015 in connection with a mudaraba agreement dated the same date, the SAR 2,700,000,000 perpetual tier 1 mudaraba sukuk issued by the Bank on 23 December 2015 in connection with a mudaraba agreement dated the same date, the SAR 1,300,000,000 perpetual tier 1 mudaraba sukuk issued by the Bank on 5 June 2017 in connection with a mudaraba agreement dated the same date and the SAR 4,200,000,000 perpetual tier 1 mudaraba sukuk issued by the Bank on 30 June 2020 in connection with a mudaraba agreement dated the same date;
Existing Tier 1 Securities means the U.S.$1,000,000,000 Perpetual Tier 1 Capital Securities (XS0935833292) issued by Emirates NBD Tier 1 Limited on 30 May 2013 and the U.S.$500,000,000 Perpetual Tier 1 Capital Securities issued by Emirates NBD 2014 Tier 1 Limited on 17 September 2014 (XS1111114135), each guaranteed by the Issuer;
Existing Tier 1 Securities means the Existing 2015 Tier 1 Securities, the Existing 2016 Tier 1 Securities and the Existing 2019 Tier 1 Securities; Existing 2015 Tier 1 Securities means the U.S.$1,000,000,000 perpetual tier 1 capital certificates issued by DIB Tier 1 Sukuk (2) Ltd. on 20 January 2015 in connection with a mudaraba agreement dated 20 January 2015 made between DIB Tier 1 Sukuk (2) Ltd. and DIB; Existing 2016 Tier 1 Securities means the U.S.$500,000,000 perpetual tier 1 capital certificates issued by Noor Tier 1 Sukuk Limited on 1 June 2016 in connection with a mudaraba agreement dated 1 June 2016 made between Noor Tier 1 Sukuk Limited and Noor Bank PJSC (with Noor Bank PJSC having been substituted by DIB with effect from 13 October 2020); Existing 2019 Tier 1 Securities means the U.S.$750,000,000 perpetual additional tier 1 capital certificates issued by DIB Tier 1 Sukuk (3) Ltd. on 22 January 2019 in connection with a mudaraba agreement dated 22 January 2019 made between DIB Tier 1 Sukuk (3) Ltd. and DIB; Extraordinary Resolution has the meaning given to it in the Declaration of Trust;
Existing Tier 1 Securities means the SAR2,000,000,000 perpetual tier 1 mudaraba sukuk issued by the Mudareb on 15 July 2015 in connection with a mudaraba agreement dated the same date, the SAR 2,700,000,000 perpetual tier 1 mudaraba sukuk issued by the Mudareb on 23 December 2015 in connection with a mudaraba agreement dated the same date, the SAR 1,300,000,000 perpetual tier 1 mudaraba sukuk issued by the Mudareb on 5 June 2017, in connection with a mudaraba agreement dated the same date and the SAR 4,200,000,000 perpetual tier 1 mudaraba sukuk issued by the Mudareb on 30 June 2020 in connection with a mudaraba agreement dated the same date;
Existing Tier 1 Securities means: (i) the AED 4,000,000,000 Additional Tier 1 Capital Securities issued by the Issuer on 23 February 2009; and (ii) the AED 2,000,000,000 Additional Tier 1 Capital Securities issued by Union National Bank P.J.S.C. on 24 February 2009 and assumed by the Issuer pursuant to the merger between the Issuer and Union National Bank P.J.S.C.;
Existing Tier 1 Securities means the AED 4,000,000,000 Tier One Capital Notes issued by the Issuer (formerly National Bank of Abu Dhabi P.J.S.C.) on 17 March 2009 and the AED 4,000,000,000 Tier One Capital Notes issued by the Issuer (formerly First Gulf Bank PJSC) on 26 February 2009;
Existing Tier 1 Securities means the U.S.$250,000,000 Tier 1 Capital Certificates issued by Warba Tier 1 Sukuk Limited on 14 March 2017 under ISIN XS1575992752;