Crisis Simulation Exercises Sample Clauses

Crisis Simulation Exercises. The Parties shall engage in periodic crisis simulation exercises in order to assess the viability of the Resolution Plans and to help prepare for a coordinated Resolution of Nordea Group. These crisis simulation exercises shall be initiated and coordinated by the Home Authorities. If a Host Authority proposes to the Home Authorities that a crisis simulation excerice shall be conducted, the Home Authorities shall take due consideration to that proposal.