Common use of Recognition of Bail-In Clause in Contracts

Recognition of Bail-In. Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements, or understanding between any of the parties hereto, each of the parties acknowledges, accepts, and agrees that any BRRD Liability of a BRRD Party hereto arising under this Agreement may be subject to the exercise of Statutory Loss Absorption Powers by the Relevant Resolution Authority and acknowledges, accepts, consents to and agrees to be bound by:

Recognition of Bail-In. 9.1 Notwithstanding and to the exclusion of any other term of in this Agreement or any other agreements, arrangements, or understanding understandings between or among any of the parties heretoto this Agreement, each of the parties to this Agreement acknowledges, accepts, accepts and agrees that any a BRRD Liability of a BRRD Party hereto arising under this Agreement may be subject to the exercise of Statutory Loss Absorption Bail-in Powers by the Relevant Resolution Authority Authority, and acknowledges, accepts, consents to accepts and agrees to be bound by: