No Conversion. Notwithstanding the powers of the FINMA under articles 25 et seq. of the FBA, the Notes shall under no circumstances be converted into equity of UBS AG, and shall only absorb losses pursuant to these Terms and Conditions.
Appears in 2 contracts
Samples: www.sec.gov, Fiscal Agency Agreement (Ubs Ag)
No Conversion. Notwithstanding the powers of the FINMA under articles 25 et seq. FBA of the FBASwitzerland, the Notes shall will under no circumstances be converted into equity of UBS AG, and shall will only absorb losses pursuant to these Terms and Conditions.
Appears in 2 contracts
Samples: Fiscal Agency Agreement, Fiscal Agency Agreement (Ubs Ag)
