Write-down Date definition

Write-down Date means, with respect to any Contingent Write-down, the Trigger Event Write-down Date or Viability Event Write-down Date, as applicable.

Write-down Date means the date on which the Write-Down will become effective, as specified in the relevant Write-Down Notice. The Write-Down Date shall be determined by the Issuer in consultation with the FSA and any other supervisory authorities and shall be no less than one and no more than ten Business Days following the occurrence of the Non-Viability Event.

Write-down Date means the date on which the Notes will be written down, being no later than one (1) month after the occurrence of a Trigger Event pursuant to Condition 6.1 (Write-Down), or any earlier date as selected by the Issuer or as instructed by the Relevant Regulator, and as specified in the Write-Down Notice;

Examples of Write-down Date in a sentence

• The Write-down Amount for each Capital Security will therefore be the product of the amount calculated in accordance with this Condition 8.1(d) (Write-down Amount) per Calculation Amount and the Prevailing Principal Amount of each Capital Security divided by the Calculation Amount (in each case immediately prior to the relevant Trigger Event Write-down Date).

• Trigger Event Write-down Date has the meaning given in Condition 8.1(a) (Principal Write-up).

• Condition 4.2 (Interest cancellation) shall apply accordingly in respect of interest payments cancelled on a Trigger Event Write-down Date in accordance with Condition 8 (Principal Write-down and Principal Write-up).

• Upon the occurrence of a Trigger Event, a Principal Write-down will occur without delay but no later than within one month or such shorter period as may be required by the Competent Authority (such date being a Trigger Event Write-down Date), all in accordance with this Condition 8.1 (Principal Write-down).

More Definitions of Write-down Date

Write-down Date means the date specified as such in the relevant Write-down Notice, which date shall be:

Write-down Date means the date specified as such in the relevant Write-down Notice, which date shall be no later than ten Business Days after the date of the relevant Write-down Notice;

Write-down Date means the date on which the relevant Contingent Write-down or Subsequent Write-down shall become effective as specified in the relevant Write-down Trigger Event Notice, or the date on which the Prevailing Notional Amount shall be written down to zero as specified in the Viability Event Notice.

Write-down Date means the date on which all of a percentage of the Outstanding Principal Amount is Written Down. For the avoidance of doubt, if the Outstanding Principal Amount has not been fully Written Down, the Subordinated Notes will continue to be payable on the remaining Outstanding Principal Amount; and

Write-down Date means the date specified as such in the Write-Down Notice on which the Notes will be Written- Down, which date shall be no less than one and no more than seven calendar days after the date of delivery of the relevant Write-Down Notice;

Write-down Date means the date on which a Write- Down will be deemed to take effect, which shall be the next Business Day succeeding the date of the Trigger Event.

Write-down Date means the date on which the Notes will be written down, being no later than one