Examples of Relevant Resolution in a sentence
The "Relevant Resolution Authority" is an authority entitled to exercise the Bail-in Power.
No repayment or payment of the Amounts Due will become due and payable or be paid after the exercise of the Bail-in Power by the Relevant Resolution Authority with respect to the Issuer unless, at the time such repayment or payment, respectively, is scheduled to become due, such repayment or payment would be permitted to be made by the Issuer under the laws and regulations in effect in France and the European Union applicable to the Issuer or other members of its group.
In the event that the Bail-in Power is exercised by the Relevant Resolution Authority, the Issuer may elect to treat this event as both an Adjustment Event and an Early Maturity Event, which may result in either an adjustment of the Terms of the Units, or a partial or full Early Maturity of all or some only of the outstanding Units, or both, as required by reference to the exercise of the Bail-in Power.
Upon the Issuer becoming aware of any exercise of the Bail-in Power by the Relevant Resolution Authority with respect to the Units, the Issuer shall notify the Investor in accordance with these Terms.
No payment or repayment of the Total Investment Amount and/or Adviser Fee (to the extent of the portion thereof affected by the exercise of the Bail-in Power) shall be paid by the Issuer to the Investor after the exercise of the Bail-in Power by the Relevant Resolution Authority, unless such payment or repayment would be required to be made by the Issuer under the laws and regulations then applicable to the Issuer.
Upon the exercise of any Bail-in Power by the Relevant Resolution Authority with respect to the Notes, the Issuer will make available a written notice to the Noteholders as soon as practicable regarding such exercise of the Bail-in Power.
Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements or understanding between the parties hereto, the Company acknowledges and accepts that (i) a BRRD Liability arising under this Agreement may be subject to the exercise of Bail-in Powers by the Relevant Resolution Authority and (ii) a UK Bail-in Liability of a UK Bail-in Party arising under this Agreement may be subject to the exercise of UK Bail-in Powers by the relevant UK resolution authority.
Upon the exercise of any Bail-in Power by the Relevant Resolution Authority with respect to the Notes, the Issuer will provide a written notice to the Noteholders in accordance with Condition 15 (Notices) as soon as practicable regarding such exercise of the Bail-in Power.
No repayment or payment of the Amounts Due will become due and payable or be paid after the exercise of the Bail-in or Loss Absorption Power by the Relevant Resolution Authority with respect to the Issuer unless, at the time such repayment or payment, respectively, is scheduled to become due, such repayment or payment would be permitted to be made by the Issuer under the laws and regulations in effect in France and the European Union applicable to the Issuer or other members of its group.
Any notice provided pursuant to this Section 11.04 shall be irrevocable, and the delivery thereof shall oblige the Company to make the redemption therein specified (unless the Bail-in Power is exercised by the Relevant Resolution Authority before the occurrence of such redemption).