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Common use of Bail Clause in Contracts

Bail. In Action shall mean 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 8 contracts

Samples: Third Amended and Restated Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co), Credit Agreement (Vertex, Inc.)

Bail. In Action shall mean means 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 5 contracts

Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Jefferies Credit Partners BDC Inc.), Credit Agreement (Vail Resorts Inc)

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

Appears in 3 contracts

Samples: Credit Agreement (Mastech Digital, Inc.), Credit Agreement (Mastech Digital, Inc.), Credit Agreement (New Jersey Resources Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Johnson Outdoors Inc)