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 6 contracts
Samples: Credit Agreement (Vertex, Inc.), Credit Agreement (Meridian Bioscience Inc), Revolving Credit Facility (MSA Safety 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 4 contracts
Samples: Credit Agreement (Jefferies Credit Partners BDC Inc.), Credit Agreement (Vail Resorts Inc), Credit Agreement (RPM International Inc/De/)
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