Bail-In Action definition

Bail-In Action means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEA Financial Institution.

Bail-In Action means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

Bail-In Action means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEAAffected Financial Institution.

Examples of Bail-In Action in a sentence

• Clause (d) of the definition of “Defaulting Lender” set forth in Section 1.01 of the Original Agreement is hereby amended by changing “, or (iii)” therein to “, (iii) become the subject of a Bail-In Action or (iv)”.

• A Lender shall be deemed to be in default if (i) such Lender has failed to fund its share of any amount payable by the Lender under the Loan Documents (including a failure to make a payment under the Interlender Agreement), (ii) such Lender is subject to a Bail-In Action (as defined in Section 19.9, or (iii) any of the events listed in subsection 16.1.5 occurs in respect of such Lender (but such subsection being read by removing the 30-day grace period).

• Without limiting the foregoing provisions of this subsection 11.9, if and to the extent that the enforceability of any provisions in this Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws or a Bail-In Action, as determined in good faith by the Administrative Agent, then such provisions shall be deemed to be in effect only to the extent not so limited.

• Bail-In Action means the exercise of any Write-down and Conversion Powers.

More Definitions of Bail-In Action

Bail-In Action means the exercise of any Write-down and Conversion Powers.

Bail-In Action the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

Bail-In Action means the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of any Affected Financial Institution.

Bail-In Action means the exercise of any Write-Down and Conversion Powers by an applicable Resolution Authority in respect of any liability of any Affected Financial Institution.

Bail-In Action means, as to any EEA Financial Institution, the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of such EEA Financial Institution.

Bail-In Action has the meaning specified in Section 8.15.

Bail-In Action the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in respect of any liability of an EEAAffected Financial Institution.