Examples of Issuer Supervisor in a sentence
The Issuer or any of its subsidiaries may at any time purchase Bonds in any manner at any price, subject to (i) prior consent of the Issuer Supervisor, and in the case of purchase within the period of five (5) years from the Issue Date, (ii) such purchase shall be funded out of the proceeds from new issuance of capital of at least the same quality as the Bonds (unless such requirement no longer is required under the Applicable Regulations).
Taxation Event;has occurred when the Bonds are outstanding, the Issuer may subject to (i) no Capital Requirement Breach having occurred or would occur as a result of a redemption, (ii) prior consent of the Issuer Supervisor, and (iii) the provisions of paragraph (c) of Clause3.9 ( Preconditions to redemption, purchase, variation or substitution) below (as applicable), redeem all (but not only some) of the outstanding Bonds at the Redemption Price, without any premium or penalty.
Subject to the provisions on Issuer deferral of redemption date, satisfaction of the preconditions to redemption, purchases, variation and substitution and to receiving the prior approval of the Issuer Supervisor (if required), unless previously redeemed or purchased and cancelled, the Issuer will redeem the Bonds at their principal amount on the Maturity Date together with any Arrears of Interest (if payable) and any other accrued and unpaid interest to (but excluding) the Maturity Date.
The purpose of the Bond Issue is general corporate purposes, and for the Bonds to qualify as Tier 2 capital (basic own funds) of the Issuer and/or the Issuer Group for the purpose of the Applicable Regulations and as determined by the Issuer Supervisor.
The Issuer or any of its Subsidiaries may (subject to receiving the prior consent of the Issuer Supervisor (if required)), at any time purchase Notes (provided that all unmatured Coupons appertaining to the Notes are purchased with the Notes) in any manner and at any price.
In the event that the Bonds have been called but not yet redeemed prior to a Write Down will take place, and the Issuer Supervisor has given its approval to pay the remaining Nominal Amount, this may be implemented by a reduction of the Call Price, or by other ways which give the same intended financial results.
Any such substitution shall be subject to the Issuer having received the prior approval of the Issuer Supervisor (if required).
The purpose of the Bond Issue is general corporate purposes, and for the Bonds to qualify as Basic Own Funds Restricted Tier 1 Instruments of the Issuer for the purpose of the Applicable Regulations and as determined by the Issuer Supervisor.
Once the Issuer receives the Issuer Supervisor Consent, the Issuer shall notify the Trustee as soon as reasonably practicable.
Any Write Down pursuant to this Clause 3.7 shall be notified in accordance with Clause 8.3 as soon as possible, but no later than 30 days, after the Issuer has determined (i) that a Trigger Event has occurred and (ii) any approval by the Issuer Supervisor required by the Applicable Regulations has been obtained.