Examples of Senior Preferred Notes in a sentence
The applicable Final Terms will indicate whether the Notes are Senior Preferred Notes, Senior Non- Preferred Notes or Subordinated Notes.
If the Notes are Senior Preferred Notes, the applicable Final Terms will also indicate whether the Notes are Senior Preferred MREL Eligible Notes.
The Notes may also be senior preferred notes (“Senior Preferred Notes”), senior non-preferred notes (“Senior Non-Preferred Notes” and, together with the Senior Preferred Notes, the “Senior Notes”) or subordinated notes (“Subordinated Notes”), depending on the status of the Notes specified in the relevant Final Terms.
This Condition 2(a) applies only to Senior Preferred Notes and Senior Non-Preferred Notes; references to “Notes” and “Coupons” in Condition 2(a)(i) shall be construed as references to Senior Preferred Notes and the related Coupons and references to “Notes”, “Coupons” and “Couponholders” in Condition 2(a)(ii) shall be construed as references to Senior Non-Preferred Notes and the related Coupons.
The Senior Preferred Notes and any related Coupons are direct, unconditional, unsubordinated and unsecured obligations of the Issuer and rank pari passu among themselves.
The Notes may be Senior Preferred Notes, Senior Non-Preferred Notes or Subordinated Notes, depending upon the Status of the Notes shown in the applicable Final Terms or, in the case of Exempt Notes, the applicable Pricing Supplement.
This Condition applies only to Senior Preferred Notes specified as such in the applicable Final Terms or, as the case may be, the applicable Pricing Supplement.
In relation to each Series of Senior Preferred Notes, all Notes of such Series will be treated equally and all amounts paid by the Issuer in respect of principal and/or interest thereon will be paid pro rata on all Notes of such Series.
This Condition 6(n) applies only to Senior Preferred Notes and Senior Non-Preferred where this Condition 6(n) is specified as being applicable in the applicable Final Terms, and references to “Notes”, “Noteholders” and “Couponholders” in this Condition shall be construed accordingly.
Status of the Notes:Senior Preferred NotesPrior approval of the Relevant Regulator for Senior Preferred Notes: Not Applicable18.