Common use of Special Resolution Regimes Clause in Contracts

Special Resolution Regimes. In the event that the Underwriters that are a Covered Entity become subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriters that are a Covered Entity or a BHC Act Affiliate of the Underwriters become subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that the Underwriters Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriters Underwriter that are is a Covered Entity or a BHC Act Affiliate of the Underwriters become Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that the Underwriters any Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriters any Underwriter that are is a Covered Entity or a BHC Act Affiliate of the Underwriters become such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters are such Underwriter is permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that the Underwriters any Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriters any Underwriter that are is a Covered Entity or a BHC Act Affiliate of the Underwriters become such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that the Underwriters any Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters such party of this Agreement, Agreement and any interest and obligation in or under this Agreement, Agreement will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriters any Underwriter that are is a Covered Entity or a any BHC Act Affiliate of the Underwriters become such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.. As used in Section 21:

Special Resolution Regimes. In the event that the Underwriters any Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. US-DOCS\126081869.6 In the event that the Underwriters any Underwriter that are is a Covered Entity or a BHC Act Affiliate of the Underwriters become such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that the Underwriters any Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. States (b) In the event that the Underwriters any Underwriter that are is a Covered Entity or a BHC Act Affiliate of the Underwriters become such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Underwriters such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

Special Resolution Regimes. In the event that the Underwriters any Underwriter that are is a Covered Entity become becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from the Underwriters such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. In the event that the Underwriters any Underwriter that are is a Covered Entity or a BHC Act Affiliate of the Underwriters become such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the such Underwriters are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.