Parity Obligations of the Issuer definition

Parity Obligations of the Issuer means any obligations of the Issuer, issued or incurred directly or indirectly by it, which rank, or are expressed to rank, pari passu with the Securities including

Parity Obligations of the Issuer means any obligations of the Issuer, issued or incurred directly or indirectly by it, which rank, or are expressed to rank, pari passu with the Securities including the 2015 Securities and the 6 Year Non-Call Securities;

Parity Obligations of the Issuer means any present or future obligation which (i) is issued by the Issuer and the obligations under which rank or are expressed to rank pari passu with the Issuer's obligations under the Notes, or (ii) benefits from a guarantee or support agreement expressed to rank pari passu with its obligations under the Notes. For the avoidance of doubt, Parity Obligations of the Issuer include its undated unsecured subordinated notes with a first call date in 2024, ISIN XS1799938995; its undated unsecured subordinated notes with a first call date in 2027,

Examples of Parity Obligations of the Issuer in a sentence

• The Subordinated Perpetual Securities and Coupons relating to them constitute direct, unconditional, subordinated and unsecured obligations of the Issuer and shall at all times rank pari passu, without any preference or priority among themselves, and pari passu with any Parity Obligations of the Issuer.

• In the event of an Issuer Winding-up, the rights and claims of the Holders against the Issuer in respect of or arising under the Securities and the Coupons will rank (i) junior to the claims of all holders of Senior Obligations of the Issuer, (ii) pari passu with the claims of holders of all Parity Obligations of the Issuer and (iii) senior to the claims of holders of all Junior Obligations of the Issuer.

• The Subordinated Perpetual Securities and Coupons relating to them constitute direct, unconditional, subordinated and unsecured obligations of the Issuer and shall at all times rank pari passu, without any preference or priority among themselves and pari passu with any Parity Obligations of the Issuer.

• In the event of an Issuer Winding-up, the rights and claims of the Holders against the Issuer in respect of or arising under the Securities and the Coupons will rank (i) junior to the claims of all holders of Senior Obligations of the Issuer, (ii) pari passu with the claims of holders of all Parity Obligations of the Issuer and(iii) senior to the claims of holders of all Junior Obligations of the Issuer.

• The payment obligations of the Issuer under the Securities shall, save for such exceptions as may be provided for under applicable laws, at all times rank equally with all Parity Obligations of the Issuer.

More Definitions of Parity Obligations of the Issuer

Parity Obligations of the Issuer means any obligations of the Issuer, issued or incurred directly or indirectly by it, which rank, or are expressed to rank, pari passu with the Securities including (i) the 2023 Non-Call Securities, (ii) the 2022 Non-Call Securities, (iii) the 2021 Non-Call Securities, (iv) the 2020 Non-Call Securities, (v) the 2019 Non-Call Securities and (vi) the 2018 Non-Call Securities;

Parity Obligations of the Issuer means any pres- ent or future obligation which (i) is issued by the Issuer and the obligations under which rank or are expressed to rank pari passu with the Issuer’s obliga- tions under the Notes, or (ii) benefits from a guaran- tee or support agreement expressed to rank pari passu with its obligations under the Notes. For the avoidance of doubt, Parity Obligations of the Issuer include its undated unsecured subordinated notes with a first call date after 10 years, ISIN XS0968913342, and its mandatory convertible notes due 2015, ISIN DE000A1HCC91 and ISIN DE000A1HCC83 (the “Mandatory Convertible Notes”).Die Schuldverschreibungen begründen nicht besicherte, nachrangige Verbindlichkeiten der Emittentin, die im Fall der Abwicklung, Auflösung oder Liquidation der Emittentin:

Parity Obligations of the Issuer means (a) any securities or other similar instruments issued by, or obligations of, the Issuer which rank, or are expressed to rank, pari passu with (i) the Issuer's obligations under the Bonds (including the €750,000,000 Deeply Subordinated Perpetual Fixed Rate Resettable Perp- NC8 Bonds issued by the Issuer on the same day as the Bonds (the "Perp-NC8 Bonds")) and (ii) any deeply subordinated securities or other similar instruments or deeply subordinated obligations and (b) any guarantee or indemnity (or similar instrument) from the Issuer, which rank or are expressed to rank pari passu with the Issuer's obligations under the Bonds, granted in respect of securities or other similar instruments issued by, or other deeply subordinated obligations of, a subsidiary of the Issuer.

Parity Obligations of the Issuer means any obligations of the Issuer, issued or incurred directly or indirectly by it, which rank, or are expressed to rank, pari passu with the 10 Year Non-Call Securities including (i) the 6 Year Non-Call Securities and, (ii) the 2013 Non-Call Securities, except in the event that such 2013 Non-Call Securities are Junior Obligations of the Issuer (as defined above);

Parity Obligations of the Issuer means any pres- ent or future obligation which (i) is issued by the Issuer and the obligations under which rank or are expressed to rank pari passu with the Issuer’s obliga- tions under the Notes, or (ii) benefits from a guaran- tee or support agreement expressed to rank pari passu with its obligations under the Notes. For the avoidance of doubt, Parity Obligations of the Issuer include its undated unsecured subordinated notes with a first call date in 2030, ISIN XS1206541366, its undated unsecured subordinated notes with a first call date in 2021, ISIN XS1048428012, its undated unsecured subordinated notes with a first call date in 2026, ISIN XS1048428442, its undated unsecured subordinated notes with a first call date in 2018, ISIN XS0968913268, its undated unsecured sub- ordinated notes with a first call date in 2023, ISIN XS0968913342 (together the “HybridDie Schuldverschreibungen begründen nicht besicherte, nachrangige Verbindlichkeiten der Emittentin, die im Fall der Abwicklung, Auflösung oder Liquidation der Emittentin:

Parity Obligations of the Issuer means any present or future obligation which (i) is issued by

Parity Obligations of the Issuer means any present or future obligation which (i) is issued by the Issuer and the obligations under which rank or are expressed to rank pari passu with the Issuer's obligations under the Notes, or