Tier 3 Notes definition

Tier 3 Notes means Subordinated Notes which qualify as ‘Tier 3 Capital’ under the Solvency Rules.
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Tier 3 Notes means Notes specified as such in the relevant Final Terms and complying with the Tier 3 Capital Regulations;
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Tier 3 Notes means Notes specified as such in the relevant Applicable Pricing Supplement and complying with the Tier 3 Capital Regulations;
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Examples of Tier 3 Notes in a sentence

  • Any arrears of principal shall continue to bear interest at the rate applicable to the relevant Tier 3 Notes.

  • If redemption of Dated Tier 3 Notes is deferred, the Dated Tier 3 Notes will only become due for redemption in the circumstances described in Conditions 6(a)(iii) and 6(a)(iv).

  • The issue of any such securities may reduce the amount recoverable by holders of Dated Tier 3 Notes on a winding-up of the Issuer and/or may increase the likelihood of a deferral of payments under the Dated Tier 3 Notes.

  • The Issuer is under no obligation to redeem the Undated Tier 3 Notes at any time and the holders of Undated Tier 3 Notes have no right to call for their redemption.

  • Capitalised expressions used below have the definitions ascribed to them in the Terms and Conditions of the Tier 3 Notes, as expressed to be applicable to Notes in relation to which a Maturity Date is specified and references to any numbered Condition shall be construed accordingly.

  • The Undated Tier 3 Notes may, subject as provided in Condition 6, be redeemed at their Optional Redemption Amount together with any interest accrued to (but excluding) the date fixed for redemption and any Arrears of Interest at the option of the Issuer on any Optional Redemption Date.

  • This means that Noteholders have no ability to liquidate their investment in any Undated Tier 3 Notes, except: (i) if the Issuer exercises its rights to redeem or purchase the Undated Tier 3 Notes in the limited circumstances described in Condition 6; (ii) if permitted in the circumstances described in Condition 8; or (iii) by selling their Undated Tier 3 Notes in the secondary market.

  • Capitalised expressions used below have the definitions ascribed to them in the Terms and Conditions of the Tier 3 Notes, as expressed to be applicable to Notes in relation to which no Maturity Date is specified and references to any numbered Condition shall be construed accordingly.

  • The Dated Tier 3 Notes will constitute direct, unsecured and subordinated obligations of the Issuer and rank pari passu and without any preference among themselves.

  • The Dated Tier 3 Notes may, subject as provided in Condition 6, be redeemed at their Optional Redemption Amount together with any interest accrued to (but excluding) the date fixed for redemption and any Arrears of Interest at the option of the Issuer on any Optional Redemption Date.

Related to Tier 3 Notes

  • Class A-3 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-3 Notes, issued in accordance with the Indenture.

  • Class A-4 Notes means the Class A-4 1.04% Asset Backed Notes, substantially in the form of Exhibit A.

  • Class A-2a Notes means the $359,000,000 Class A-2a 5.14% Asset Backed Notes issued by the Issuer, substantially in the form of Exhibit A to the Indenture.

  • Class A-2b Notes means the Class A-2b Floating Rate Asset-Backed Notes, substantially in the form of Exhibit A-2b to the Indenture.

  • Class A-2 Notes means the Class A-2a Notes and the Class A-2b Notes, collectively.

  • Class A-3 Note means any of the ___% Asset Backed Notes, Class A-3, issued under the Indenture.

  • Initial Class A-3 Note Balance means $380,000,000.

  • Class A-2-A Notes has the meaning assigned to such term in the Indenture.

  • Class A-3 Note Balance means, at any time, the Initial Class A-3 Note Balance reduced by all payments of principal made prior to such time on the Class A-3 Notes.

  • Class A-4 Note means any of the 3.11% Asset Backed Notes, Class A‑4, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • Class A-5 Notes means the $_________ Floating Rate Class A-5 Student Loan Asset-Backed Notes issued by the Trust pursuant to the Indenture, substantially in the form of Exhibit A thereto.

  • Class A-2 Note means any of the 0.36% Asset Backed Notes, Class A‑2, issued under the Indenture substantially in the form attached thereto as Exhibit A-2.

  • B Notes means each of Note B-1 and Note B-2.

  • 2022 Notes means the 6.25% Senior Notes due 2022 issued by the MLP and Finance.

  • Class A-1 Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-1 Notes, issued in accordance with the Indenture.

  • Initial Class A-4 Note Balance means $75,000,000.

  • Class C Notes has the meaning assigned to such term in the Indenture.

  • A Notes means each Note that has a designation starting with “A”, either individually or in the aggregate as the context may require.

  • Class A-2-B Notes means the Class of Auto Loan Asset Backed Notes designated as Class A-2-B Notes, issued in accordance with the Indenture.

  • Class A-3 Noteholder means the Person in whose name a Class A-3 Note is registered on the Note Register.

  • Class A-4 Note Balance means, as of any date, the Initial Class A-4 Note Balance reduced by all payments of principal made on or prior to such date on the Class A-4 Notes.

  • 2014 Notes means the aggregate principal amount of US$399,517,000 of 10.25% Guaranteed Senior Notes Due 2014 issued pursuant to the 2014 Note Indenture.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Class A-3 Note Interest Rate means a rate per annum equal to %.

  • Class A-2 Note Rate means, for (i) the initial Series 2005-1 Interest Period, 2.71% per annum and (ii) any other Series 2005-1 Interest Period, the sum of 0.06% plus LIBOR for such Series 2005-1 Interest Period.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.