EEA Financial Institutions. Borrower is not an EEA Financial Institution.
No Loan Party is an EEA Financial Institution.
is not an EEA Financial Institution.
Article # AFFIRMATIVE COVENANTS ................................................................................................. 60
Section # EEA Financial Institutions
Section #30EEA Financial Institutions. No Obligated Party is an EEA Financial Institution.
Acknowledgement and Consent to Bail-In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among the parties, each party hereto (including each Lender) acknowledges that, with respect to any Lender that is an EEA Financial Institution, any unsecured liability of such Lender arising under a Loan Document may be subject to the Write-Down and Conversion Powers of an EEA Resolution Authority, and each party hereto agrees and consents to, and acknowledges and agrees to be bound by, # the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liability which may be payable to it by such Lender; and # the effects of any Bail-in Action on any such liability, including # a reduction in full or in part or cancellation of any such liability; # a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial Institution, its parent, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability under any Loan Document; or # the variation of the terms of such liability in connection with the exercise of any Write-Down and Conversion Powers.
Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties thereto, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:
5.21Affected Financial Institutions.
“Affected Financial Institution” any EEA Financial Institution or UK Financial Institution.
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