Examples of Loss Absorption Effective Date in a sentence
No interest shall accrue from the Loss Absorption Effective Date and as long as a Trigger Event is continuing.
Non-Viability Notice means a notice which specifies which Non-Viability Event(s) has/have occurred, the Write-Down Amount and the Loss Absorption Effective Date, which shall be not earlier than five Banking Days nor later than 10 Banking Days following the giving of the Non-Viability Notice.