Loss Absorption Notice definition

Loss Absorption Notice means a notice which specifies that a Capital Ratio Event has occurred, the date of such occurrence, the Loss Absorption Effective Date and the Write-Down Amount. Any Loss Absorption Notice must be accompanied by a certificate signed by two duly authorized representatives of the Issuer stating that the relevant Capital Ratio Event has occurred and setting out the method of calculation of the relevant Write-Down Amount.
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Loss Absorption Notice means a notice which specifies that a Capital Ratio Event has occurred, the Write-Down Amount and the date on which the Write-Down will take effect. Any Loss Absorption Notice must be accompanied by a certificate of the Issuer stating that the relevant Capital Ratio Event has occurred and setting out the method of calculation of the relevant Write-Down Amount. Any Loss Absorption Notice must be delivered to the Holders in accordance with Condition 16 (Notices) as follows:
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Loss Absorption Notice means a notice which specifies that a Capital Ratio Event has occurred, the Write-Down Amount and the date on which the Write-Down will take effect. Any Loss Absorption Notice must be accompanied by a certificate signed by two directors of the Issuer stating that the
Sample 1Sample 2Sample 3

Examples of Loss Absorption Notice in a sentence

  • Any failure by the Issuer to deliver a Loss Absorption Notice to Holders shall not affect the application of any Write-Down or constitute a default on the part of the Issuer for any purpose and shall not entitle Holders to any claim for compensation.


More Definitions of Loss Absorption Notice

Loss Absorption Notice means a notice which specifies that a Capital Ratio Event has occurred, the Write-Down Amount and the date on which the Write-Down will take effect. Any Loss Absorption Notice must be accompanied by a certificate signed by two directors of the Issuer stating that the relevant Capital Ratio Event has occurred and setting out the method of calculation of the relevant Write-Down Amount.
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Related to Loss Absorption Notice

  • Confirmation Notice means a notice provided by the Issuer to an Investor in accordance with clause 1.3(c) of the Terms;

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Total trihalomethanes or “TTHM” means the sum of the concentration of trihalomethanes (THMs), in milligrams per liter (mg/ℓ), rounded to two significant figures.

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • PAGA Notice means Plaintiff’s September 26, 2019, letter to Xxxxxx Staffing Solution, LLC, among others, and the LWDA providing notice pursuant to Labor Code section 2699.3, subd.(a).

  • Completion Notice means a notice issued by the Developer in accordance with clause 6.1.