Recognition of EU Bail-In. (i) If any of the Underwriters is a Relevant Financial Institution, each party acknowledges and accepts that any liability of the Relevant Financial Institution under this Agreement may be subject to Bail-in Action by the Relevant Resolution Authority and acknowledges and accepts to be bound by the effect of:
Appears in 17 contracts
Samples: Underwriting Agreement (Ford Credit Auto Owner Trust 2024-C), Underwriting Agreement (Ford Credit Auto Receivables Two LLC), Underwriting Agreement (Ford Credit Auto Owner Trust 2024-B)