Common use of Acknowledgment and Consent to Bail-In Clause in Contracts

Acknowledgment and Consent to Bail-In. Notwithstanding anything to the contrary in any Finance Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Finance Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of a Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

Appears in 3 contracts

Samples: Subordination Agreement (Royal Caribbean Cruises LTD), Subordination Agreement (Royal Caribbean Cruises LTD), Facility Agreement (Royal Caribbean Cruises LTD)

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Acknowledgment and Consent to Bail-In. Notwithstanding anything to the contrary in any Finance Credit Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under any Finance Document, to the extent such liability is unsecured, Credit Document may be subject to the writeWrite-down Down and conversion powers Conversion Powers of a an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

Appears in 1 contract

Samples: Credit Agreement (Seacor Holdings Inc /New/)

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