Write Down Procedure definition

Write Down Procedure means the procedures set out in Condition 7(a)(ii).
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Write Down Procedure means the procedures set out in Condition 7 (Loss Absorption Mechanism). 2.2 Interpretation In these Conditions:
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Write Down Procedure means the procedures set out in Condition 7 (Loss Absorption Mechanism).
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Examples of Write Down Procedure in a sentence

  • If any provision of this Agreement is held to be invalid, illegal, or unenforceable, such provision shall be reformed only to the extent necessary to make it valid, legal and enforceable, and the remainder of this Agreement shall nonetheless remain in full force and effect.

  • If a Trigger Event has occurred at any time, the Issuer shall write down the Outstanding Principal Amount of each Subordinated Notes with the Write Down Amount on the Write Down Effective Date in accordance with the Write Down Procedure.

  • The Investigating Officer should also consider including an assessment of the risk of collateral intrusion and detail any measures taken to limit this.

  • Write-down upon Trigger Event If the Issuer determines that a Trigger Event has occurred at any time, then the Issuer shall write down the Outstanding Principal Amount of each Note (in whole or in p art, as applicable) on the Write -Down Effective Date in accordance with the Write -Down Procedure.

  • If a Trigger Event has occurred at any time, the Issuer shall write down the Outstanding Nominal Value of each Note (in whole or in part, as applicable) by writing down such Outstanding Nominal Value (in whole or in part, as applicable) on the Write Down Effective Date in accordance with the Write Down Procedure.

  • Write -Down The principal amount of the Notes may be reduced to absorb losses If the Issuer determines that a Trigger Even t has occurred, then it shall write down the Outstanding Principal Amount of each Note (in whole or in part, as applicable) by writing down such Outstanding Principal Amount (in whole or in part, as applicable) on the Write -Down Effective Date in accordanc e with the Write -Down Procedure (both as defined in the Conditions ).


More Definitions of Write Down Procedure

Write Down Procedure means, in respect of a Series of Additional Tier 1 Notes, the write down procedure set out in Condition 8(c); and
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Write Down Procedure means the write down procedure set out in Condition 6(d); and
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Write Down Procedure means the procedures set out in Condition 7(a)(ii). (b) In these Conditions:
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Related to Write Down Procedure

  • Written Procedure means the written or electronic procedure for decision making among the Bondholders in accordance with Clause 18 (Written Procedure).

  • Variation Procedure means the procedure for carrying out a Variation as set out in Clause 16.1 (Variation Procedure);

  • Security procedure means a procedure employed for the purpose of verifying that an electronic signature, record, or performance is that of a specific person or for detecting changes or errors in the information in an electronic record. The term includes a procedure that requires the use of algorithms or other codes, identifying words or numbers, encryption, or callback or other acknowledgment procedures.

  • Staff Vetting Procedure means the Authority’s procedures for the vetting of personnel and as advised to the Contractor by the Authority.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 26;

  • Basic Comprehensive User Guide means the Ministry document titled Basic Comprehensive Certificates of Approval (Air) User Guide” dated April 2004 as amended.

  • Direct Ordering Procedure means the ordering procedure set out in paragraph 2 of Schedule 5 (Ordering Procedure) of this Framework Agreement;

  • Social Engineering Security Procedures means security procedures intended to prevent Social Engineering Fraud as set forth in the Application and/or as otherwise provided in writing to the Underwriter.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.

  • Dispute Resolution Process means the process described in clause 9

  • Reconciliation Procedures has the meaning set forth in Section 2.3(a) of this Agreement.

  • Complaints Procedure means the School's procedure for handling complaints from parents, as amended from time to time for legal or other substantive reasons, or in order to assist the proper administration of the School. It does not form part of the contract between you and the School. A copy of the most up-to-date procedure is on the School's website and is otherwise available from the School at any time upon request;

  • Standard operating procedure means a formal written procedure offi- cially adopted by the plant owner or operator and available on a routine basis to those persons responsible for carrying out the procedure.

  • Commercial applicator means any person, unless exempted in I(4) hereunder, whether or not the person is a private applicator with respect to some uses, who:

  • Grievance Procedure is used in this Agreement, it shall be considered as including the arbitration procedure.

  • Federal work authorization program means any of the electronic verification of work authorization programs operated by the United States Department of Homeland Security or any equivalent federal work authorization program operated by the United States Department of Homeland Security to verify information of newly hired employees, pursuant to the Immigration Reform and Control Act of 1986 (IRCA), D.L. 99-603.

  • Policies and Procedures means the written policies and procedures of the Client in any way related to the Services, including any such policies and procedures contained in the Organic Documents and the Offering Documents.

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Procurement Process means the process commenced by the issuing of this Invitation and concluding upon the award of a contract (or other outcome as determined by Tetra Tech International Development) or upon the earlier termination of the process

  • Written protocol means a physician’s order for one or more patients that contains, at a minimum, the following:

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • Clinical nurse specialist means a registered nurse with relevant post-basic qualifications and 12 months’ experience working in the clinical area of his/her specified post-basic qualification, or a minimum of four years’ post-basic registration experience, including three years’ experience in the relevant specialist field and who satisfies the local criteria.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • MERS Procedures Manual The MERS Procedures Manual, as it may be amended, supplemented or otherwise modified from time to time.