Examples of Lloyds TSB in a sentence
ERC is funded by the Economic and Social Research Council (ESRC); the Department for Business, Innovation & Skills (BIS); the Technology Strategy Board (TSB); and, through the British Bankers Association (BBA), by the Royal Bank of Scotland PLC; Bank of Scotland; HSBC Bank PLC; Barclays Bank PLC and Lloyds TSB Bank PLC.
If so, the Agency will charge the Client at Lloyds TSB Bank plc’s exchange rate on the date the Agency pays for the relevant materials or services.
However, in the event that UK stamp duty is payable, you will bear the cost of such duty, and Lloyds TSB Registrars will advise you of the amount payable by you.
On 18 September 2008, with the support of the UK Government, the Boards of HBOS and Lloyds TSB announced they had reached agreement on the terms of a recommended acquisition of HBOS by Lloyds TSB.
The Preference Scheme will not be completed unless all of the Conditions set out in paragraph 6 of this Part I below have been satisfied or, if permitted, waived by the close of business (London time) on 28 February 2009, or such later date as HBOS, Lloyds TSB and, if required, the Court may agree.
The terms of the New Lloyds TSB Preference Shares reflect current FSA requirements to ensure they are eligible to qualify as perpetual non- cumulative preference share capital for regulatory purposes.
The terms of each class of New Lloyds TSB Preference Shares are set out in Part IV (‘‘Description of the Preference Shares’’) of this document.Any dividends which are accrued on a class of HBOS Preference Shares as at the date the Preference Scheme becomes effective with respect to such class will be paid, subject to the terms of the corresponding class of New Lloyds TSB Preference Shares, on the first scheduled dividend payment date thereafter under such New Lloyds TSB Preference Shares.
LBG was formed on January 19, 2009, following the acquisition of HBOS plc by Lloyds TSB Group plc.
The Acquisition will, subject to the satisfaction or, if permitted, waiver of certain conditions, be implemented by way of a separate scheme of arrangement under section 895 to 899 of the Companies Act (the ‘‘Scheme’’).Following the announcement of the Acquisition, the Lloyds TSB Board has considered the position of the HBOS Preference Shareholders in the Enlarged Group.
Under the Preference Share Subscription Agreement, Lloyds TSB intends to issue to HM Treasury, or to one or more persons nominated by HM Treasury, the New HM Treasury Preference Shares at the issue price of £1,000 per New HM Treasury Preference Share, raising approximately £1 billion (before costs and expenses).