Common use of Bail-In Action Clause in Contracts

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.

Appears in 29 contracts

Sources: Revolving Credit Agreement (Alliancebernstein L.P.), Revolving Credit Agreement (Alliancebernstein Holding L.P.), Credit Agreement (Gladstone Commercial Corp)

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

Appears in 28 contracts

Sources: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Callaway Golf Co), Abl Credit Agreement (Target Hospitality Corp.)

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.”;

Appears in 1 contract

Sources: Credit Agreement (Global Net Lease, Inc.)

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

Appears in 1 contract

Sources: Loan and Security Agreement (Adara Acquisition Corp.)