Common use of Bail-In Action Clause in Contracts

Bail-In Action. The exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

Appears in 27 contracts

Sources: Credit Agreement (Gladstone Commercial Corp), Credit Agreement (City Office REIT, Inc.), Term Loan Agreement (Gladstone Commercial Corp)

Bail-In Action. The the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.

Appears in 26 contracts

Sources: Abl Credit Agreement (Target Hospitality Corp.), Loan, Security and Guaranty Agreement (Solaris Energy Infrastructure, Inc.), Loan, Security and Guarantee Agreement (Fitlife Brands, Inc.)

Bail-In Action. The the exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.. ​

Appears in 1 contract

Sources: Loan and Security Agreement (Adara Acquisition Corp.)

Bail-In Action. The exercise of any Write-Down and Conversion Powers by the applicable Resolution Authority in respect of any liability of an Affected Financial Institution.”;

Appears in 1 contract

Sources: Credit Agreement (Global Net Lease, Inc.)