Trigger Event Write-down Notice definition
Trigger Event Write-down Notice means, with respect to any Publication Date, a notice
Trigger Event Write-down Notice means a Trigger Event Notice given prior to the occurrence of a Conversion Capital Availability Event.
Trigger Event Write-down Notice means, with respect to any Publication Date, a notice (i) stating that (x) the Trigger CET1 Ratio as of such Publication Date is less than the Write-down Threshold, and (y) a Contingent Write-down will take place and (ii) specifying the date on which the Contingent Write-down will take place, which date shall, subject to postponement pursuant to clause (b)(ii) of Condition 6 (Contingent Write-down), be no later than 10 Business Days after the date of such notice (the “Trigger Event Write-down Date”).
Examples of Trigger Event Write-down Notice in a sentence
For the avoidance of doubt, it is understood that, a Viability Event may occur irrespective of whether or not a Trigger Event has occurred or whether any of the conditions to the issuance of a Trigger Event Write-down Notice have been met.
More Definitions of Trigger Event Write-down Notice
Trigger Event Write-down Notice means, with respect to any Publication Date, a notice (i) stating that (x) the Relevant Trigger Capital Ratio as of such Publication Date is less than the Write-down Threshold, and (y) a Contingent Write-down will take place and (ii) specifying the date on which the Contingent Write-down will take place, which date shall, subject to postponement pursuant to clause (b)(ii) of Condition 6, be no later than 10 Business Days after the date of such notice (the “Trigger Event Write-down Date”).
Trigger Event Write-down Notice means a notice (i) stating that (x) a Trigger Event has occurred, (y) a Contingent Write-down will take place and (ii) specifying the Trigger Event Write-down Date.
Trigger Event Write-down Notice means, with respect to any Publication Date, a notice (i) stating that