BAIL-IN PROVISIONS. Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements, or understanding between the Issuer (the “UK Bail-in Party”) and each other party to this Agreement to whom the UK Bail-in Party owes any UK Bail-in Liability (each a “Relevant UK Bail-in Counterparty”), each Relevant UK Bail-in Counterparty acknowledges and accepts that a UK Bail-in Liability arising under this Agreement may be subject to the exercise of UK Bail-in Powers by the relevant UK resolution authority, and acknowledges, accepts, and agrees to be bound by:
Appears in 4 contracts
Samples: Underwriting Agreement (Santander UK PLC), Underwriting Agreement (Santander Uk Group Holdings PLC), Underwriting Agreement (Santander Uk Group Holdings PLC)
