Common use of Resolution Plan Clause in Contracts

Resolution Plan. Provide input to the preparation and updating of the Resolution Plan in the context set out in Art. 6(3) above. Where a CMG Member or CMG Observer has material concerns regarding the Resolution Plan, it should submit such concerns in writing to DNB as well as the other CMG Members and CMG Observers as soon as reasonably possible, also setting out proposed remedies.

Resolution Plan. Provide input to the preparation and updating of the Resolution Plan in the context set out in Art. 6(3) above. Where a CMG Member or CMG Observer has material concerns regarding the Resolution Plan, it should submit such concerns in writing to DNB CNMV as well as the other CMG Members and CMG Observers as soon as reasonably possible, also setting out proposed remedies.