Write Down Measures definition

Write Down Measures means an Interest Cancellation Measure and/or a Principal Write Down Measure.
Write Down Measures means an Interest Cancellation Measure, a Monetary Damages Cancellation Measure and/or a Principal Write Down Measure.1.2 InterpretationUnless the context or the express provisions of this Agreement otherwise require, the following shall govern the interpretation of this Agreement:1.2.1 all references to “Clause” or “sub-clause” are references to a Clause or sub-clause of this Agreement;1.2.2 the terms “hereof, “herein” and “hereunder” and other words of similar import shall mean this Agreement as a whole and not any particular part hereof;1.2.3 words importing the singular number include the plural and vice versa;1.2.4 the headings are for convenience only and shall not affect the construction hereof;1.2.5 the “equivalent” on any given date in one currency (the “first currency”) of an amount denominated in another currency (the “second currency”) is a reference to the amount of the first currency which could be purchased with the amount of the second currency at the spot rate of exchange quoted on the relevant Reuters page or, where the first currency is (i) Roubles and the second currency is (ii) U.S. Dollars (or vice versa), by the Central Bank at or about 10.00 a.m. (New York City time or, as the case may be, Moscow time) on such date for the purchase of the first currency with the second currency;1.2.6 a “month” is a reference to a period starting on one day in a calendar month and ending on the numerically corresponding day in the next succeeding calendar month save that, where any such period would otherwise end on a day which is not a Business Day, it shall end on the next succeeding Business Day, unless that day falls in the next calendar month, in which case it shall end on the immediately preceding Business Day, provided that, if a period starts on the last Business Day in a calendar month or if there is no numerically corresponding day in the month in which that period ends, that period shall end on the last Business Day in that later month (and references to “months” shall be construed accordingly);1.2.7 the “Lender” or the “Borrower” shall be construed so as to include it and any of its subsequent successors, assignees and chargees in accordance with their respective interests;1.2.8 all references in this Agreement to this Agreement or any other agreement, instrument or document shall be construed as a reference to that agreement, instrument or document as the same may be amended, supplemented or otherwise replaced from time to time; and1.2.9...
Write Down Measures means an Interest Cancellation Measure and/or a Principal Write Down Measure; “U.S. Dollars” and “U.S.$” mean the lawful currency of the United States of America. 1.2 Interpretation1.2.1 Unless the context or the express provisions of this Agreement otherwise require, the following shall govern the interpretation of this Agreement.1.2.2 All references to “Clause” or “Clauses” are references to a Clause or Clauses of this Agreement.1.2.3 The terms “hereof”, “herein” and “hereunder” and other words of similar import shall mean this Agreement as a whole and not any particular part hereof.1.2.4 Words importing the singular number include the plural and vice versa.1.2.5 All references to “taxes” include all present or future taxes, levies, imposts, charges, withholdings and duties of any nature and the terms “tax” and “taxation” shall be construed accordingly.1.2.6 The table of contents and the headings are for convenience only and shall not affect the construction hereof.1.2.7 All references to “laws” and “regulations” include such laws and regulations as amended from time to time.

Examples of Write Down Measures in a sentence

  • If a Write Down Event has occurred any Write Down Measures that are being applied shall apply until the Common Equity Tier 1 Capital Ratio of the Borrower is not less than 5.125 per cent.

  • If a Write Down Event has occurred any Write Down Measures that are being applied shall apply until the Common Equity Tier 1 Capital Ratio of the Borrower is not less than 2.0 per cent.

  • If Write Down Measures are not sufficient for a Write Down Event to cease to continue, the shareholder of the Borrower has agreed pursuant to a letter delivered to the Borrower to implement further actions which are necessary to remedy the Write Down Event.

  • Once the principal amount of the Loan has been Written Down in accordance with Clause 5.4 ( Write Down Measures), the principal amount so Written Down may not be restored under any circumstances, including where the relevant Write Down Event(s) is(are) no longer continuing.

  • Motion was made by Mr. Joe Yarbrough, was seconded by Mr. Doug Carter, and passed approval by the Board unanimously.

  • From the Write Down Event Date and until the Write Down Measures cease to apply, the Borrower shall not make any payments of Monetary Damages, interest or any portion of the Outstanding Principal Amount of the Loan, and no Monetary Damages or Interest shall accrue on such unpaid amounts.

  • For the avoidance of doubt, references to accrued and unpaid interest in this Clause 7.2 (Write Down Measures) shall include any accrued and unpaid default interest payable under Clause 14.6 (Default Interest Periods).

  • If the Write Down Measures in Clause 8.1 of this Agreement are not sufficient for a Write Down Event to cease to continue, controlling Shareholder has agreed pursuant to a letter delivered to the Borrower to implement further actions to restore the capital and financial position of the Borrower to alleviate such a Write Down Event.

  • If a Write Down Event has occurred any Write Down Measures that are being applied shall apply until the Base Capital Adequacy Ratio is not less than 5.125 per cent.

  • Todt, F., Cakir, \., Reicflenbacfl, F., Emscflermann, F., Lauterwasser, J., Kaiser, A., Icflim, G., Tait, S.


More Definitions of Write Down Measures

Write Down Measures means an Interest Cancellation Measure and/or a Principal Write Down Measure. 1.2 InterpretationUnless the context or the express provisions of this Agreement otherwise require, the following shall govern the interpretation of this Agreement:1.2.1 All references to "Clause" or "sub-Clause" are references to a Clause or sub-Clause of this Agreement.1.2.2 The terms "hereof", "herein" and "hereunder" and other words of similar import shall mean this Agreement as a whole and not any particular part hereof. 1.2.3 Words importing the singular number include the plural and vice versa.1.2.4 All references to "taxes" include all present or future taxes, levies, imposts and duties of any nature and the terms "tax" and "taxation" shall be construed accordingly.1.2.5 The table of contents and the headings are for convenience only and shall not affect the construction hereof. 2. Loan and Drawdown 2.1 LoanOn the terms and subject to the conditions set forth herein, the Lender hereby agrees to make available to Sberbank the Loan in the total aggregate amount of U.S.$ 1,000,000,000. 2.2 PurposeThe proceeds of the Loan will be used for general corporate purposes, but the Lender shall not be concerned with the application thereof. 2.3 DrawdownOn the terms and subject to the conditions set forth herein, on the Closing Date the Lender shall make the Loan to Sberbank and Sberbank shall make a single drawing in the full amount of the Loan. 2.4 One-Time Loan CommissionIn consideration of the Lender making the Loan to Sberbank, Sberbank hereby agrees that it shall, one Business Day before the Closing Date, pay to the Lender, in Same-Day Funds, the amount of U.S.$ 3,000,000 as a one-time commission in respect of the Loan and supported by an invoice in the form provided in Schedule A to this Agreement.2.5 DisbursementSubject to the conditions set forth herein, on the Closing Date the Lender shall transfer the amount of the Loan to the Sberbank Account.
Write Down Measures means an Interest Cancellation Measure and/or a Principal Write Down Measure.1.2 Other DefinitionsUnless the context otherwise requires, terms used in this Agreement which are not defined in this Agreement but which are defined in the Trust Deed, the Notes, the Agency Agreement or the Dealer Agreement shall have the meanings assigned to such terms therein.1.3 InterpretationUnless the context or the express provisions of this Agreement otherwise require, the following shall govern the interpretation of this Agreement:1.3.1 all references to “Clause” or “sub-clause” are references to a Clause or sub-clause of this Agreement;1.3.2 the terms “hereof, “herein” and “hereunder” and other words of similar import shall mean this Agreement as a whole and not any particular part hereof;1.3.3 words importing the singular number include the plural and vice versa;1.3.4 all references to “taxes” include all present or future taxes, levies, imposts and duties of any nature and the terms “tax” and “taxation” shall be construed accordingly;1.3.5 the table of contents and the headings are for convenience only and shall not affect the construction hereof;1.3.6 all references to “this Agreement” are references to this Subordinated Loan Agreement dated 15 October 2013;1.3.7 all references in this Agreement to this Agreement or any other agreement, instrument or document shall be construed as a reference to that agreement, instrument or document as the same may be amended, supplemented, replaced or novated from time to time;1.3.8 any reference in this Agreement to any legislation (whether primary legislation or regulations or other subsidiary legislation made pursuant to primary legislation) shall be construed as a reference to such legislation as the same may have been, or may from time to time be, amended or re-enacted.
Write Down Measures means an Interest Cancellation Measure and/or a Principal Write Down Measure. 1.2 Interpretation Unless the context or the express provisions of this Agreement otherwise require, the following shall govern the interpretation of this Agreement: 1.2.1 all references to "Clause" or "sub-clause" are references to a Clause or sub- clause of this Agreement; 1.2.2 the terms "hereof, "herein" and "hereunder" and other words of similar import shall mean this Agreement as a whole and not any particular part hereof; 1.2.3 all references to "taxes" include all present or future taxes, levies, imposts, duties, assessments or other governmental charges or withholding of any nature and the terms "tax" and "taxation" shall be construed accordingly; 1.2.4 words importing the singular number include the plural and vice versa; 1.2.5 the headings are for convenience only and shall not affect the construction hereof; and 1.2.6 the "Lender" or the "Borrower" shall be construed so as to include it and any of its subsequent successors, assignees and chargees in accordance with their respective interests.
Write Down Measures has the meaning given to it in Condition 11.2 (Non-Viability Notice). All references in these Conditions to “U.S. dollars”, “U.S.$” and “$” are to the lawful currency of the United States of America.

Related to Write Down Measures

  • COVID-19 Measures means any quarantine, “shelter in place”, “stay at home”, workforce reduction, social distancing, shut down, closure or sequester order, guideline, recommendation or Law, or any other applicable Laws, guidelines or recommendations by any Governmental Entity in connection with or in response to COVID-19.

  • Preventive measures means any reasonable measures taken by any person after an incident has occurred to prevent or minimize pollution damage.

  • Mitigation Measures means “mitigation measures” as defined in subsection 2(1) of the Canadian Environmental Assessment Act, 2012.

  • Supportive measures means individualized services that are offered to the complainant or the respondent designed to restore or preserve equal access to the District’s education program or activity without unreasonably burdening the other party. The supportive measures must be non-disciplinary and non-punitive in nature; offered before or after the filing of a formal complaint or where no formal complaint has been filed; and offered to either party as appropriate, as reasonably available, and without fee or charge. Examples of supportive measures include, but are not limited to: measures designed to protect the safety of all parties or the District’s educational environment, or deter sexual harassment; counseling; extensions of deadlines or other course-related adjustments; modifications of work or class schedules; campus escort services; mutual restrictions on contact between the parties; changes in work or class locations; leaves of absence; and increased security and monitoring of certain areas of the campus.

  • reasonable measures means appropriate measures which are commensurate with the money laundering or terrorism financing risks;

  • Protective Measures means appropriate technical and organisational measures which may include: pseudonymising and encrypting Personal Data, ensuring confidentiality, integrity, availability and resilience of systems and services, ensuring that availability of and access to Personal Data can be restored in a timely manner after an incident, and regularly assessing and evaluating the effectiveness of the such measures adopted by it;

  • Pandemic Measures means any quarantine, “shelter in place,” “stay at home,” workforce reduction, social distancing, shut down, closure, sequester, immunization requirements, safety or similar Law, directive, guidelines or recommendations promulgated by any Governmental Authority, including the Centers for Disease Control and Prevention and the World Health Organization, in each case, in connection with or in response to a pandemic, including COVID-19.

  • Technology protection measure means a specific technology that blocks or filters Internet access to visual depictions that are:

  • Measures means any measures proposed by the Supplier or any Sub-contractor within the meaning of regulation 13(2)(d) of TUPE;

  • Indicator means a quantitative or qualitative factor or variable that contributes to better understanding progress in implementing;

  • Corrective Measure The contractor shall repair any deficiencies to meet the performance guideline within warranty period.

  • Vehicle measuring attitude means the position of the vehicle as defined by the co-ordinates of fiducial marks in the three-dimensional reference system.

  • Hand or measuring tools means those tools listed in Federal supply classifications 51 and 52, respectively.

  • Indigenous Peoples Safeguards means the principles and requirements set forth in Chapter V, Appendix 3, and Appendix 4 (as applicable) of the SPS;

  • 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.

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

  • the Measure means the Diocesan Boards of Education Measure 1991;

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Security Measures has the meaning given in Section 7.1.1 (Google’s Security Measures).

  • Continuous parameter monitoring system or "CPMS" means all of the equipment necessary to meet the data acquisition and availability requirements of this article, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Instantaneous flow measurement means the flow measured during the minimum time required for the flow-measuring device or method to produce a result in that instance. To the extent practical, instantaneous flow measurements coincide with the collection of any grab samples required for the same sampling period so that together the samples and flow are representative of the discharge during that sampling period.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Indicators means actions that are likely to lead to the achievement of a competency and which, together with the competency, are measurable and observable;

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.