Examples of Swiss Resolution Authority in a sentence
The Company shall notify the Trustee and each Agent, as applicable, in writing if the approval, consent or authorization of the Swiss Resolution Authority is required for the Company’s, the Guarantor’s or the Trustee’s performance under the Securities, the Guarantee or this Indenture and whether or not such has been obtained by the Company or the Guarantor.
By its acquisition of the Securities, each Holder and each beneficial owner of Securities shall be deemed to have consented to the lack of prior notice by the Swiss Resolution Authority of its decision to exercise any Swiss Resolution Power or order any Restructuring Protective Measure.
The Trustee will comply with any reasonable requests of the Company or the Guarantor in order to help facilitate the delivery of any required consent, approval or authorization from any Swiss Resolution Authority.
To the extent that the consent or authorization of any Swiss Resolution Authority is required for the Company’s, the Guarantor’s or the Trustee’s performance under the Securities, the Guarantee or this Indenture, none of the Trustee or any Agent shall have any duty or obligation to determine whether such approval, consent or authorization is required or any duty or obligation to obtain such consent or authorization.