Senior Preferred Note definition

Senior Preferred Note means a Note specified as such in the applicable Final Terms.

Senior Preferred Note means a Note specified as such in the relevant Final Terms;

Senior Preferred Note means a note denominated in such currency as may be agreed between the Issuer and the relevant Dealer which provides the right to payment of principal and interest by the Issuer in the manner specified in Condition 3(a) and has a minimum maturity of one month subject to compliance with all relevant laws, regulations and directives issued or to be issued by the Issuer pursuant to the Dealer Agreement or any other agreement between the Issuer and the relevant Dealer and which shall initially be represented by a temporary Global Note which may (in accordance with the terms of such temporary Global Note) be exchanged for either Definitive Notes or a permanent Global Note which permanent Global Note may (in accordance with the terms of such permanent Global Note) in turn be exchanged for Definitive Notes (all as indicated in the applicable Final Terms) and includes any replacement for a Senior Preferred Note issued pursuant to Condition 14

Examples of Senior Preferred Note in a sentence

• This Note may also be a Senior Preferred Note, a Senior Non-Preferred Note or a Subordinated Note, as indicated in the applicable Final Terms.

• If this Note is a Senior Preferred Note, it may be a Senior Preferred MREL Eligible Note if so specified in the applicable Final Terms.

• Each holder of a Senior Preferred Note and the Trustee unconditionally and irrevocably waives any right of set-off, netting, counterclaim, abatement or other similar remedy which it might otherwise have under the laws of any jurisdiction in respect of such Senior Preferred Note.

• This Note may also be a Senior Preferred Note, Senior Non-Preferred Note or a Dated Subordinated Note, as indicated in the applicable Final Terms.

• If a waiver of set-off rights is specified as being applicable in the applicable Final Terms, each holder of a Senior Preferred Note unconditionally and irrevocably waives any right of set-off, counterclaim, abatement or other similar remedy, which it might otherwise have under the laws of any jurisdiction in respect of such Senior Preferred Note.

• Each holder of a Senior Preferred Note unconditionally and irrevocably waives any right of set- off, netting, counterclaim, abatement or other similar remedy which it might otherwise have under the laws of any jurisdiction in respect of such Senior Preferred Note.

• This Note may be a Senior Preferred Note, a Senior Non-Preferred Note or a Subordinated Note, as specified in the applicable Final Terms.

• Subject to applicable law, no holder of any Senior Preferred Notes may exercise or claim any right of set-off in respect of any amount owed to it by the relevant Issuer arising under or in connection with the Senior Preferred Notes, any Coupons related thereto or the Trust Deed, and each holder shall, by virtue of its subscription, purchase or holding of any Senior Preferred Note, be deemed to have waived irrevocably all such rights of set-off.

• This Note is a Senior Preferred Note, a Senior Non-Preferred Note or a Tier 2 Capital Note, as specified hereon.

• A maximum of 3% for the following factors can be taken into account.1. Immature seeds2.

More Definitions of Senior Preferred Note

Senior Preferred Note means a note denominated in Australian dollars, Canadian dollars, Danish Krone, euro, Hong Kong dollars, New Zealand dollars, Norwegian Krone, Sterling, Swiss francs, U.S. Dollars, Yen or such other currency or currencies as may be agreed between the Society and the relevant Dealer(s) which:

Senior Preferred Note means a Note specified as such in the applicable Final Terms; Series means a Tranche of Notes together with any further Tranche or Tranches of Notes which (a) are expressed to be consolidated and form a single series and (b) have the same terms and conditions or terms and conditions which are the same in all respects save for the amount and date of the first payment of interest thereon and the date from which interest starts to accrue and the expressions Notes of the relevant Series, holders of Notes of the relevant Series and related expressions shall be construed accordingly;