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).
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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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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

  • Dispute Resolution Process means the process described in clause 9

  • 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;

  • 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.