Qualifying Tier 1 Instruments definition

Qualifying Tier 1 Instruments means instruments (whether securities, trust certificates, interests in limited partnerships or otherwise) other than Ordinary Shares or Other Common Equity Tier 1 Instruments, issued directly or indirectly by the Issuer that:

Qualifying Tier 1 Instruments means instruments (whether securities, trust certificates, interests in limited partnerships or otherwise) issued directly or indirectly by the Bank that:

Qualifying Tier 1 Instruments means instruments (whether securities, trust certificates, interests in limited partnerships or otherwise) other than Guarantor Ordinary Shares or other equity securities, issued directly or indirectly by the Guarantor that:

Examples of Qualifying Tier 1 Instruments in a sentence

• The Issuer will pay or procure that the issuer of the relevant Qualifying Tier 1 Instruments will pay any UK stamp duty or stamp duty reserve tax arising on the issue thereof.

• The comments below do not deal with any other United Kingdom tax aspects of acquiring, holding or disposing of RCIs or Qualifying Tier 1 Instruments.

• This may be dependent on a number of factors, including the nature and terms and conditions of the relevant Qualifying Tier 1 Instruments, and the tax laws to which a particular RCI Holder is subject.

• Upon expiry of such notice the Issuer shall redeem the RCIs. Prior to the publication of any notice of substitution pursuant to the foregoing provisions (which notice shall contain the date on which substitution shall occur (the "Substitution Date")), the Issuer must first deliver to the Trustee a certificate, signed by two Directors, certifying that the securities to be delivered in substitution for the RCIs are, and that an Independent Investment Bank agrees that they are, Qualifying Tier 1 Instruments.

• The Issuer will not be obliged to pay and will not pay any liability of any RCI Holder to tax arising in respect of any substitution of RCIs for Qualifying Tier 1 Instruments, including in respect of any disposal or deemed disposal of the RCIs in connection with such substitution, save that the Issuer will pay or procure that the issuer of the relevant Qualifying Tier 1 Instrument will pay any UK stamp duty or stamp duty reserve tax arising on the issue thereof.

• The Conditions also provide that the Delegate may, without the consent or approval of the Certificateholders, agree to the variation of the terms of the Certificates so that they become or, as appropriate, remain, Qualifying Tier 1 Instruments, as provided in Condition 10.1(c) (Redemption or Variation due to Taxation) and Condition 10.1(d) (Redemption or Variation for Capital Event).

• The Issuer will not be obliged to pay and will not pay any liability of any RCI Holder to tax arising in respect of any substitution of RCIs for Qualifying Tier 1 Instruments, including in respect of any disposal or deemed disposal of the RCIs in connection with such substitution; save that the Issuer will pay or procure that the issuer of the relevant Qualifying Tier 1 Instrument will pay any UK stamp duty or stamp duty reserve tax arising on the issue thereof.

• To the extent that the terms of the Certificates are required to be varied pursuant to Condition [10.1(c)] (Redemption or Variation due to Taxation) or Condition [10.1(d)] (Redemption or Variation for Capital Event), the Parties hereby undertake to make such variations to this Agreement as are necessary to ensure that the Certificates become or, as appropriate, remain Qualifying Tier 1 Instruments.

• Careers and Employability Service 023 8059 3501 | careers@southampton.ac.ukwww.southampton.ac.uk/careersPage 9Complying with the duty may involve treating some people ‘more favourably’ than others.

• Moreover, while projecting the requirement for LLTRs, Air HQ had emphasised that the requirement of LLTR would continue to exist in spite of the acquisition of Airborne Warning and Control System (AWACS) and Aerostat.

More Definitions of Qualifying Tier 1 Instruments

Qualifying Tier 1 Instruments means instruments (whether securities, trust certificates, interests in limited partnerships or otherwise) other than Ordinary Shares or Other Common Equity Tier 1 Instruments, issued directly or indirectly by the Bank that:

Qualifying Tier 1 Instruments means instruments including non-cumulative perpetual preference shares, issued directly or indirectly by the Company that have terms not materially less favorable to a holder of the Preference Shares (as reasonably determined by the Company) provided that they shall:

Qualifying Tier 1 Instruments means instruments (whether debt securities, interests in limited partnerships or otherwise) other than ordinary shares, preference shares or other equity securities, issued directly or indirectly by the Issuer that:

Qualifying Tier 1 Instruments means instruments whether debt, shares, interests in limited partnerships or otherwise, issued directly or indirectly or guaranteed by HBOS that:

Qualifying Tier 1 Instruments means instruments (whether securities, trust certificates, interests in limited partnerships or otherwise) other than Ordinary Shares or other CET 1 Capital, issued directly or indirectly by the Bank that: