Tier 1 Notes definition

Tier 1 Notes means Notes complying with the Tier 1 Capital Regulations;

Tier 1 Notes the tier one notes to be issued by Prudential as described in “Information about the Transactions” in this listing document;

Tier 1 Notes means the Tier 1 Notes specified in the relevant Final Terms and, unless the context otherwise requires, any further Tier 1 Notes issued pursuant to Condition 16 and forming a single series with the Tier 1 Notes;

Examples of Tier 1 Notes in a sentence

• Any such Additional Tier 1 Notes, together with the Tier 1 Notes, will constitute a single series of securities under the Contingent Convertible Capital Securities Indenture and shall be included in the definition of “Contingent Convertible Capital Securities” in the Base Indenture where the context requires.

• The terms of this the Tier 1 Notes include those stated in the Contingent Convertible Capital Securities Indenture.

• This Second Supplemental Indenture and any indenture supplemental hereto and any other document, certificate or opinion delivered in connection with this Second Supplemental Indenture, such supplemental indenture or the issuance and delivery of the Tier 1 Notes may be signed by or on behalf of the Company and the Trustee by manual, facsimile or pdf or other electronically imaged signature (including, without limitation, DocuSign and AdobeSign).

• If the Company does not pay a Distribution or part thereof on the relevant Distribution Payment Date in respect of the Tier 1 Notes in accordance with the Contingent Convertible Capital Securities Indenture, such non-payment shall evidence the cancellation of such Distribution (or relevant part thereof) or, as appropriate, the Company’s exercise of its discretion to cancel such Distribution (or relevant part thereof) and accordingly, such Distribution shall not in any such case be due and payable.

• With respect to the Tier 1 Notes only, Article 5 of the Base Indenture is deleted in its entirety.

• If, on or after the Closing Date, there is a Capital Event, the Tier 1 Notes may be redeemed, in whole but not in part, at the option of the Company, at any time, at the Redemption Price, in accordance with Articles 77 and 78 of CRR, Article 29 of the Commission Delegated Regulation (EU) No. 241/2014 (including the prior consent of the Regulator as required) and/or any other Applicable Banking Regulations then in force.

• With respect to the Tier 1 Notes only, the first paragraph of Section 12.03 of the Base Indenture is deleted in its entirety.

• With respect to the Tier 1 Notes only, the following paragraph is hereby added as new Section 12.13 of the Base Indenture: Clean-up Redemption.

• Upon the execution and delivery of this Second Supplemental Indenture by each of the Company and the Trustee, the Base Indenture shall be supplemented in accordance herewith, and this Second Supplemental Indenture shall form a part of the Base Indenture for all purposes in respect of the Tier 1 Notes or otherwise as applicable.

• The Tier 1 Notes are subject to all such terms, and Holders are referred to the Contingent Convertible Capital Securities Indenture for a statement of all such terms.

More Definitions of Tier 1 Notes

Tier 1 Notes means the Dollar Notes and the Euro Notes.

Tier 1 Notes means the promissory notes issued to certain creditors of the Acquired Entity in full satisfaction of the Acquired Entity's obligation to them as described on Exhibit 3.

Tier 1 Notes means the First Tranche Notes and the Second Tranche Notes.

Tier 1 Notes means a series of Contingent Convertible Capital Securities to be known as the Series 16 8.000% Non-Step-Up Non-Cumulative Contingent Convertible Perpetual Preferred Tier 1 Securities.