RECOGNITION OF BAIL-IN POWERS. 33.1 Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements, or understandings between The Bank of New York Xxxxxx XX/NV, Luxembourg Branch (a BRRD Party) and each other party to this Agreement (each a counterparty), each counterparty acknowledges and accepts that any BRRD Liability arising under this Agreement may be subject to the exercise of Bail-in Powers by the Relevant Resolution Authority, and acknowledges, accepts and agrees to be bound by:
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Samples: Agency Agreement, Agency Agreement, Agency Agreement
