Common use of BAIL-IN Clause in Contracts

BAIL-IN. Notwithstanding and to the exclusion of any other term of this Indenture or any other agreements, arrangements, or understanding among the parties, each counterparty to the BRRD Party under this Indenture acknowledges and accepts that a BRRD Liability arising under this Indenture may be subject to the exercise of Bail-in Powers by the Relevant Resolution Authority, and acknowledges, accepts, and agrees to be bound by:

BAIL-IN. Notwithstanding and to the exclusion of any other term of this Indenture or any other agreements, arrangements, or understanding understandings among the partiesparties hereto, each counterparty to the BRRD Party under this Indenture party hereto acknowledges and accepts that a BRRD Liability arising under this Indenture may be subject to the exercise of Bail-in Powers by the Relevant Resolution Authority, and acknowledges, accepts, and agrees to be bound by: