Other Pari Passu Claims definition

Other Pari Passu Claims means claims of creditors of Intesa Sanpaolo which are subordinated so as to rank pari passu with the claims of the holders of the Intesa Sanpaolo Upper Tier II Subordinated Notes and the holders of the related Coupons and the Trustee in respect of the Intesa Sanpaolo Upper Tier II Subordinated Notes and of the related Coupons; and
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Other Pari Passu Claims means, in relation to an issue of Undated Subordinated Notes, claims of creditors of the Issuer that are subordinated so as to rank pari passu with the claims of the Noteholders and the Couponholders.
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Other Pari Passu Claims means claims of creditors of Intesa Sanpaolo, which are subordinated so as to rank pari passu with the claims of the holders of the IBI Upper Tier II Subordinated Notes and the Sanpaolo IMI Bank Ireland Upper Tier II Subordinated Notes and the holders of the related Coupons and the Trustee in respect of the Subordinated Guarantee of the IBI Upper Tier II Subordinated Notes and the Sanpaolo IMI Bank Ireland Upper Tier II Subordinated Notes.
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Examples of Other Pari Passu Claims in a sentence

  • The Notes and the relative Coupons constitute, in the case of the Notes, undated and, in the case of the Notes and the Coupons, unsecured, subordinated obligations of the Issuer, conditional as described in Condition 3(c), and rank pari passu without any preference among themselves and rank at least equally with Other Pari Passu Claims from time to time outstanding.

  • The Instruments and the relative Coupons constitute, in the case of the Instruments, undated and, in the case of the Instruments and the Coupons, unsecured subordinated obligations of the Issuer, conditional as described in Condition 3.2(c), and rank pari passu without any preference among themselves and rank at least equally with Other Pari Passu Claims from time to time outstanding.

  • In a bankruptcy, dissolution, liquidation or other winding-up of Intesa Sanpaolo, or in the event that Intesa Sanpaolo becomes subject to an order for Liquidazione Coatta Amministrativa, the payment obligations of Intesa Sanpaolo under the Subordinated Guarantee of the INSPIRE Upper Tier II Subordinated Notes will rank pari passu with Other Pari Passu Claims (as defined below), and senior to the share capital of Intesa Sanpaolo.

  • In the event a majority of the nurses involved in the flexible/innovative schedule desire to discontinue the schedule they will give their nurse manager written notice of their desire signed by each of the nurses desiring the change.

  • The Notes and the relative Coupons constitute, in the case of the Notes, undated and, in the case of the Notes and the Coupons, unsecured subordinated obligations of the Issuer, subject to cancellation as described in Condition 3(c) and rank pari passu without any preference among themselves and rank at least equally with Other Pari Passu Claims from time to time outstanding.


More Definitions of Other Pari Passu Claims

Other Pari Passu Claims means, in relation to an issue of Undated Subordinated Instruments, claims of creditors of the Issuer that are subordinated so as to rank pari passu with the claims of the holders of Instruments or the Holders of Coupon.
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Other Pari Passu Claims means claims of creditors of Banca Intesa, which are subordinated so as to rank pari passu with the claims of the holders of the IBI Upper Tier II Subordinated Notes and the holders of the related Coupons and the Trustee in respect of the Subordinated Guarantee of the IBI Upper Tier II Subordinated Notes.(aa) Loss AbsorptionTo the extent that Banca Intesa at any time suffers losses which, in accordance with Articles 2446 and 2447 of the Italian Civil Code, or otherwise in accordance with the provisions of Italian laws and regulations, would require Banca Intesa to reduce its capital to below the Minimum Capital (as defined herein) (as determined by the Auditors of Banca Intesa and certified to the Trustee in accordance with the Trust Deed) the obligations of Banca Intesa under the Subordinated Guarantee of the Notes, whether matured or not, will be reduced to the extent necessary to enable Banca Intesa to maintain at least the Minimum Capital in accordance with the requirements of law as determined by the Auditors of the Guarantor and certified to the Trustee in accordance with the Trust Deed.The amount by which the obligations of Banca Intesa have been reduced in accordance with this Condition will be reinstated whether or not the maturity date of the relevant obligation has occurred under the following circumstances, as determined by the Auditors of Banca Intesa and certified to the Trustee in accordance with the Trust Deed:
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Other Pari Passu Claims means claims of creditors of the Issuer which are subordinated so as to rank pari passu with the claims against the Issuer in respect of Subordinated Notes.
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Other Pari Passu Claims means claims of creditors of the Society which are subordinated so as to rank (to the satisfaction of the Trustee) pari passu with the claims of the Trustee and the Noteholders against the Society in respect of the Notes.
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Other Pari Passu Claims means claims of creditors of ICICI Bank which are subordinated so as to rank pari passu with claims in respect of the notes.
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Other Pari Passu Claims means claims of creditors of the Issuer which are expressed to be subordinated so as to rank pari passu with or junior to the claims of holders of Undated Subordinated Notes; and
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Other Pari Passu Claims means claims of creditors of Banca Intesa, which are subordinated so as to rank pari passu with the claims of the holders of the IBI Upper Tier II
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