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

  • Tier 1 Instruments means any and all (i) securities or other obligations (other than Tier 1 Shares) issued by UBS Group AG or (ii) shares, securities, participation securities or other obligations (other than Tier 1 Shares) issued by a subsidiary of UBS Group AG and having the benefit of a guarantee, credit support agreement or similar undertaking of UBS Group AG, each of which shares, securities, participation securities or other obligations described in clauses (i) and (ii) of this definition qualify, or are issued in respect of a security that qualifies, as Tier 1 Capital of the Group and/or UBS Group AG (without regard to quantitative limits on such capital) on a consolidated (Finanzgruppe) or on an unconsolidated (Einzelinstitut) basis.

  • Tier 2 Instruments means at any time tier 2 instruments as interpreted and applied in accordance with the Applicable Banking Regulations;

  • Qualifying Notes means, at any time, any securities (other than the Notes) issued directly or indirectly by the Issuer:

  • Qualifying Transaction means a transaction where a CPC acquires Significant Assets, other than cash, by way of purchase, amalgamation, merger or arrangement with another Company or by other means.

  • Qualifying Debt means amount due, which includes interest or any other sum due in respect of the amounts owed under any contract, by the debtor for a liquidated sum either immediately or at certain future time and does not include—

  • Qualified Equity Interests means any Equity Interests that are not Disqualified Equity Interests.

  • Qualifying Equity Interests means Equity Interests of the Company other than Disqualified Stock.

  • Qualifying Control Agreement means an agreement, among a Loan Party, a depository institution or securities intermediary and the Administrative Agent, which agreement is in form and substance acceptable to the Administrative Agent and which provides the Administrative Agent with “control” (as such term is used in Article 9 of the UCC) over the deposit account(s) or securities account(s) described therein.

  • Qualifying Property means a primary residence that a qualified applicant owned and occupied

  • Qualified instructor means individuals whose training and experience adequately prepare them to carry out specified training assignments. Interpreting physicians, radiologic technologists, or medical physicists who meet the requirements of 41.6(3) would be considered qualified instructors in their respective areas of mammography. Radiological technologists who meet the requirements of 41.6(3) and have passed a state-approved mammography examination such as the examination given by the American Registry of Radiography Technologists would be considered qualified instructors in their respective areas of mammography. The examination would include, but not necessarily be limited to: breast anatomy and physiology, positioning and compression, quality assurance/quality control techniques, and imaging of patients with breast implants. Other examples of individuals who may be qualified instructors for the purpose of providing training to meet the regulations of this chapter include, but are not limited to, instructors in a post-high school training institution and manufacturers’ representatives.

  • Bidder from a country which shares a land border with India for the purpose of this Order means: -

  • Permitted Convertible Debt means Indebtedness of the Borrower that is convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of Common Stock (or other securities or property following a merger event or other change of the Common Stock), cash or any combination thereof (with the amount of such cash or such combination determined by reference to the market price of such Common Stock or such other securities); provided that such Indebtedness shall (a) not require any scheduled amortization or otherwise require payment of principal prior to, or have a scheduled maturity date, earlier than, one hundred eighty (180) days after the Term Loan Maturity Date, (b) be unsecured, (c) not be guaranteed by any Subsidiary of Borrower, (d) contain usual and customary subordination terms for underwritten offerings of senior subordinated convertible notes as determined in good faith by the board of directors of the Borrower or a committee thereof, (e) shall specifically designate this Agreement and all Secured Obligations as “designated senior indebtedness” or similar term so that the subordination terms referred to in clause (d) of this definition specifically refer to such notes as being subordinated to the Secured Obligations pursuant to such subordination terms and (f) be on terms and conditions customary for Indebtedness of such type, as determined in good faith by the board of directors of the Borrower or a committee thereof; provided further, that any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of Borrower (or any of its Subsidiaries) (such indebtedness or other payment obligations, a “Cross-Default Reference Obligation”) contains a cure period of at least thirty (30) calendar days (after written notice to the issuer of such Indebtedness by the trustee or to such issuer and such trustee by holders of at least 25% in aggregate principal amount of such Indebtedness then outstanding) before a default, event of default, acceleration or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default or cross-acceleration provision.

  • Specified Equity Contribution means any cash contribution to the common equity of Holdings and/or any purchase or investment in an Equity Interest of Holdings other than Disqualified Equity Interests.