Parity Guarantees definition

Parity Guarantees has the meaning provided in Section 6.2(c) hereof.

Parity Guarantees has the meaning provided in Section 6.1(c) hereof.

Parity Guarantees means guarantees that rank, upon liquidation, pari passu with the Debentures.

Examples of Parity Guarantees in a sentence

• This Guarantee will constitute an unsecured obligation of the Guarantor and will rank (i) subordinate and junior in right of payment to indebtedness of the Guarantor (other than any guarantee or contractual right expressed to rank pari passu with or junior to this Guarantee), (ii) pari passu with the Guarantor's obligations under the Parity Guarantees, and (iii) senior to the Ordinary Shares.

• This Contingent Guarantee will constitute an unsecured obligation of the Guarantor and will rank (i) subordinate and junior in right of payment to indebtedness of the Guarantor (other than any guarantee or contractual right expressed to rank pari passu with or junior to this Contingent Guarantee), (ii) pari passu with the Guarantor's obligations under the Parity Guarantees, and (iii) senior to the Ordinary Shares.

More Definitions of Parity Guarantees

Parity Guarantees means any guarantees, indemnities or other contractual support arrangements we enter into with respect to securities issued by any of our subsidiaries or Undertakings which effectively from a financial point of view

Parity Guarantees has the meaning set forth in Section 2.03(c) hereof.

Parity Guarantees means the guarantees provided by the Issuer in respect of (i) the 8.03% Non-cumulative Step-up Perpetual Preferred Securities issued by HSBC Capital Funding (Euro 1) LP, (ii) the 9.547% (Series 1) and the 10.176% (Series 2) Non-cumulative Step-up Perpetual Preferred Securities issued by HSBC Capital Funding (Dollar 1) LP, (iii) the 4.61% Non-cumulative Step-up Perpetual Preferred Securities issued by HSBC Capital Funding (Dollar 2) LP, (iv) the 5.3687% Non-cumulative Step-up Perpetual Preferred Securities issued by HSBC Capital Funding (Euro 2) LP, and (v) the 5.13% Non-cumulative Step-up Perpetual Preferred Securities issued by HSBC Capital Funding (Euro 3) LP.

Parity Guarantees has the meaning set forth in Section 2.01(i)(ix).

Parity Guarantees has the meaning specified in Section 13.1.

Parity Guarantees means any guarantees, indemnitiesor other contractual support arrangementswe enter into with respect tosecurities issued by any of our subsidiaries or Undertakings which effectivelyfrom a financial point of view●are similar to the most senior class of our preferenceshares:owith respect to distributions on a returnof assets upon our liquidation; or owith respect to dividends or distribution of paymentsor other amounts thereunder; and ●rank pari passu with the ING Perpetual Debt Securities with respect tosuch distributions or payments. For the avoidance of doubt, included in ParityGuarantee are our guaranteesof obligations relating to the 8.439% NoncumulativeGuaranteed TrustPreferred Securities issued by ING Capital Funding TrustIII.

Parity Guarantees shall have the meaning specified in Section 3.01(b)(iii).