Regulatory Event Redemption definition

Regulatory Event Redemption has the meaning assigned to it in Section 3.01(b) hereof.
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Regulatory Event Redemption. The Notes are also redeemable as described under “Description of Subordinated Notes—Redemption Provisions—Regulatory Event Redemption” in the Preliminary Prospectus Supplement.
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Regulatory Event Redemption. The Notes are also redeemable as described under “Description of Subordinated Notes —Redemption Provisions—Regulatory Event Redemption” in the Preliminary Prospectus Supplement. Margin: 290 bps (the “Margin”) Benchmark Treasury: UST 0.625% due August 15, 2030 Spread to Benchmark: 290 bps Reoffer Yield: 3.564% Issue Price: 100.000% Underwriting Discount: 0.450% Net Proceeds: $995,500,000 Sole Bookrunner: Barclays Capital Inc. Senior Co-Managers: Lloyds Securities Inc., MUFG Securities Americas Inc., RBC Capital Markets, LLC, Société Générale, UniCredit Capital Markets LLC, Xxxxx Fargo Securities, LLC Co-Managers: ANZ Securities, Inc., BBVA Securities Inc., X.X. Xxxx & Associates, Inc., CastleOak Securities, L.P., Citizens Capital Markets, Inc., DZ Financial Markets LLC, Nomura Securities International, Inc., PNC Capital Markets LLC, Rabo Securities USA, Inc., RB International Markets (USA) LLC, U.S. Bancorp Investments, Inc.
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Examples of Regulatory Event Redemption in a sentence

  • Prior to giving notice of redemption in accordance with this Condition 5(d), the Issuer shall deliver to the Trustee a certificate signed by two Authorised Signatories of the Issuer stating that the conditions for redeeming the Notes pursuant to this Condition 5(d) (Regulatory Event Redemption) have been met.

  • The redemption price per share for any redemption of Series A Preferred Stock, whether a Redemption or Regulatory Event Redemption, shall be equal to the sum of (i) the Liquidation Amount and (ii) any accrued and unpaid dividends (without regard to any undeclared dividends) to, but excluding, the date fixed for redemption (the “Redemption Price”).

  • Regulatory Event Redemption The Securities are also redeemable, in whole but not in part, at any time at the option of the Issuer in the event of a change in certain U.K. regulatory capital requirements, as described under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities—Redemption—Regulatory Event Redemption” in the Preliminary Prospectus Supplement.

  • If, notwithstanding the above, the Trustee does not concur in such substitution or variation provided above, the Issuer may redeem the Notes as provided in Conditions 5(c) (Redemption for tax reasons) or 5(d) (Regulatory Event Redemption), as applicable.

  • Any redemption after the First Call Date pursuant to the Regulatory Event Redemption shall be subject to the Redemption or Conversion Conditions and shall be at the Par plus unpaid accrued and Deferred Interest.

  • Unclaimed Distributions, Optional Redemption Price, Tax Redemption Price, Regulatory Event Redemption Price and Liquidating Distributions will be prescribed after ten years in accordance with Jersey law.

  • The Issuer shall be entitled to announce the reversal of any Contingent Write-Down and to make a payment of Recovered Principal to the Holders Eligible for Recovery thereof until the earlier of (i) the Maturity Date for the Notes, (ii) the date on which the Notes are redeemed pursuant to a Regulatory Event Redemption or Tax Redemption and (iii) the date that is seven (7) years from the applicable Write-Down Date.

  • HKMA, all other applicable law and regulations and the provisions of the Bank Articles, the Substitute Preference Shares may be redeemed at the option of the Bank in whole, but not in part, at any time at a redemption price equal to the Regulatory Event Redemption Price together with accrued but unpaid dividends (which may include the Initial Dividend) for the then current Dividend Period, following the occurrence of a Regulatory Redemption Event.

  • Final payment on any Definitive Purchase Note shall occur upon surrender of such Note for redemption on or after the Regulatory Event Redemption Date or the Optional Redemption Date, as applicable.

  • Prior to the publication of any notice of early redemption pursuant to this Condition 7(e) (Redemption and Purchase - Regulatory Event Redemption of Subordinated Notes), the Issuer shall deliver to the Trustee a certificate signed by any two Directors of the Issuer confirming that a Regulatory Event has occurred and is continuing and that the applicable conditions precedent have been satisfied and in each case the details thereof.


More Definitions of Regulatory Event Redemption

Regulatory Event Redemption. The Notes are also redeemable as described under “Description of Subordinated Notes—Redemption Provisions—Regulatory Event Redemption” in the Preliminary Prospectus Supplement. Margin: 357 bps (the “Margin”) Benchmark Treasury: UST 3.375% due May 15, 2033 Spread to Benchmark Treasury: 340 bps Xxxxxxx Xxxxx: 7.119% Issue Price: 100.000% Underwriting Discount: 0.450% Net Proceeds: $1,493,250,000 Sole Bookrunner: Barclays Capital Inc. Senior Co-Managers: BBVA Securities Inc., CIBC World Markets Corp., ING Financial Markets LLC, Intesa Sanpaolo S.p.A., Lloyds Securities Inc., Natixis Securities Americas LLC, Nomura Securities International, Inc., Nordea Bank Abp, RBC Capital Markets, LLC, RB International Markets (USA) LLC, Santander US Capital Markets LLC, SMBC Nikko Securities America, Inc., TD Securities (USA) LLC Co-Managers: Xxxxxxxx Capital, LLC, Bankinter SA, Capital One Securities, Inc., CastleOak Securities, L.P., Citizens Capital Markets, Inc., X.X. Xxxx & Associates, Inc., DBS Bank Ltd., DZ Financial Markets LLC, Falcon Square Capital LLC, Multi-Bank Securities, Inc., nabSecurities, LLC, PNC Capital Markets LLC, Rabo Securities USA, Inc., SG Americas Securities, LLC, Truist Securities, Inc., U.S. Bancorp Investments, Inc.
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Related to Regulatory Event Redemption

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Redemption Event has the meaning set forth in Section 3.4.

  • Redemption Rescission Event means the occurrence of (a) any general suspension of trading in, or limitation on prices for, securities on the principal national securities exchange on which shares of Common Stock or Marketable Securities are registered and listed for trading (or, if shares of Common Stock or Marketable Securities are not registered and listed for trading on any such exchange, in the over-the-counter market) for more than six-and-one-half (6-1/2) consecutive trading hours, (b) any decline in either the Dow Xxxxx Industrial Average or the S&P 500 Index (or any successor index published by Dow Xxxxx & Company, Inc. or S&P) by either (i) an amount in excess of 10%, measured from the close of business on any Trading Day to the close of business on the next succeeding Trading Day during the period commencing on the Trading Day preceding the day notice of any redemption of Securities is given (or, if such notice is given after the close of business on a Trading Day, commencing on such Trading Day) and ending at the time and date fixed for redemption in such notice or (ii) an amount in excess of 15% (or if the time and date fixed for redemption is more than 15 days following the date on which such notice of redemption is given, 20%), measured from the close of business on the Trading Day preceding the day notice of such redemption is given (or, if such notice is given after the close of business on a Trading Day, from such Trading Day) to the close of business on any Trading Day at or prior to the time and date fixed for redemption, (c) a declaration of a banking moratorium or any suspension of payments in respect of banks by Federal or state authorities in the United States or (d) the occurrence of an act of terrorism or commencement of a war or armed hostilities or other national or international calamity directly or indirectly involving the United States which in the reasonable judgment of the Company could have a material adverse effect on the market for the Common Stock or Marketable Securities.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Corporation, at a redemption price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of shares of a Series of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a continuous period of six (6) months during which such VRDP Shares are tendered for Remarketing on each Business Day in accordance with the Related Documents but cannot be successfully remarketed (i.e., a Failed Remarketing Condition-Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Corporation on a first-in, first-out basis, in accordance with and subject to the provisions of the Fee Agreement and these Articles Supplementary.

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

  • Redemption/Distribution Notice has the meaning set forth in paragraph 4(e) of Annex I.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Special Event Prepayment Price means 100% of the outstanding principal amount of the Notes, plus any accrued and unpaid interest thereon up to but excluding the date of prepayment.

  • Make-Whole Fundamental Change Conversion Period has the following meaning: