Examples of MREL Disqualification Event in a sentence
If at any time a MREL Disqualification Event occurs, and/or in order to ensure or maintain the effectiveness and enforceability of § 11 of the General Conditions, the Issuer may, without any consent or approval of the Security Holders, at any time vary the Terms and Conditions of the Securities in such a way that the Securities remain or, as appropriate, become, Qualifying Securities (the "Variation").
The term of office for any director (other than an ex-officio Director) shall be four years.
There is therefore a risk that a MREL Disqualification Event may occur in relation to any such Notes.
There is therefore a risk that a MREL Disqualification Event may occur.
If any of the Senior Non-Preferred Notes are to be redeemed as a result of a MREL Disqualification Event or there is a perception that such Senior Non-Preferred Notes may be so redeemed, this may impact the market price of the Senior Non-Preferred Notes.