Taxation Event definition

Taxation Event means any of the applicable events or circumstances set out in items (i) to (iii) of Condition 5(c) (Redemption for Taxation Reasons).

Taxation Event means the implementation by a Relevant Country (or any political subdivision or regulatory authority thereof), or the publication of any notice of an intention to implement, any changes to the laws or regulations relating to foreign investment in such Relevant Country (including, but not limited to, changes in tax laws and/or laws relating to capital markets and corporate ownership), which the Calculation Agent determines in good faith in a commercially reasonable manner are likely to materially affect an investment in the applicable Component Currency.

Taxation Event means any of the applicable events or circumstances set out in item (i) of Condition 6(c).

Examples of Taxation Event in a sentence

• If an Early Taxation Event is earlier than the date on which the statute, regulation or pronouncement giving rise to the Early Taxation Event is enacted or promulgated, as applicable (i.e., if the change in the law is retroactive), there shall be distributed to each Participant, as soon as practicable following such date of enactment or promulgation, the amounts that became taxable on the Early Taxation Event.

• Notwithstanding any other Section of this Plan to the contrary (but subject to subsection (c), below), as of an Early Taxation Event, the feature or features of this Plan that would cause the Early Taxation Event shall be null and void, to the extent, and only to the extent, required to prevent the Participant from being required to include in his or her federal gross income amounts accrued by the Participant under the Plan prior to the date on which such amounts are made available to him or her hereunder.

• Notwithstanding any other Section of this Plan to the contrary (but subject to subsection (b), below), as of an Early Taxation Event, the feature or features of this Plan that would cause the Early Taxation Event shall be null and void, to the extent, and only to the extent, required to prevent the Participant from being required to include in his or her federal gross income amounts accrued by the Participant under the Plan prior to the date on which such amounts are made available to him or her hereunder.

• In addition, if the Calculation Agent determines that a Taxation Event has occurred, this may constitute an Additional Acceleration Event which may result in the early redemption of the Notes.

• Call: If a Taxation Event occurs, at par value (100%) plus accrued interest.

More Definitions of Taxation Event

Taxation Event means any of the applicable events or circumstances set out in item

Taxation Event means any of the applicable events or circumstances set out in item (i) of Condition 6(c) (Redemption for Taxation Reasons).7. Condition 10(b) of the 2017 Conditions shall be deleted in its entirety and replaced with the following text:Subordinated Notes and Enforcement

Taxation Event means any of the applicable events or circumstances set out in items (i) to (iii) of Condition 6(b);

Taxation Event means that the Calculation Agent determines in its sole and absolute discretion that there has occurred an imposition of or change in any tax on or in relation to the Notes or the Fiduciary Asset Agreements, or any amounts are required to be withheld or deducted from payments due to the Fiduciary under any Fiduciary Asset, by any government or taxation authority after the Issue Date.

Taxation Event means any of the applicable events or circumstances set out in items (i) to (iii) of Condition 5(c) (Redemption for Taxation Reasons). 6. Payments and Talons

Taxation Event means an event where the Company determines that there is more than an insubstantial risk that the Company will be obliged to pay any additional taxes, duties, assessments or government charges or whatever nature in relation to the AT1 Preference Shares or as a result of a change in, or amendment to, the laws or regulations of Malaysia or any political subdivision or any authority thereof having power to tax, or change in the application or official interpretation of such laws or regulation, which such change or amendment becomes effective on or after the issue date of the AT1 Preference Shares and the Company cannot, by taking reasonable measures available to it, avoid such obligations. 3.9C Voting The holders of the AT1 Preference Shares shall not be entitled to attend and vote at general meetings of the Company. Right of pre-emption

Taxation Event means that the Calculation Agent determines in its sole and absolute discretion that there has occurred an imposition of or change in any tax on or in relation to the Notes or the Fiduciary Asset Agreements, or any amounts are required to be withheld or deducted from payments due to the Fiduciary under any Fiduciary Asset, by any government or taxation authority after the Issue Date. INFORMATION CONCERNING THE CALCULATION AGENT AND THE FIDUCIARY ASSET OBLIGOR IN RESPECT OF THE SWAP AGREEMENTS The Calculation Agent is Deutsche Bank AG, London Branch (the “Calculation Agent”) which is the London branch of Deutsche Bank Aktiengesellschaft (“DB AG”). The Calculation Agent's address is Xxxxxxxxxx Xxxxx, 0 Xxxxx Xxxxxxxxxx Xxxxxx, Xxxxxx, XX0X 0XX. DB AG is the parent company of a group consisting of banks, capital market companies, fund management companies, a property finance company, instalment financing companies, research and consultancy companies and other domestic and foreign companies. The Calculation Agent has a relationship with the Fiduciary acting as Calculation Agent in relation to the Notes. The Calculation Agent has a relationship with the Fiduciary acting in its capacity as Principal Paying Agent and Dealer in respect of the Notes. The Calculation Agent has a relationship with the Fiduciary acting in its capacity as swap counterparty in respect of the Swap Agreements.