Write-down Date definition

Write-down Date means, with respect to any Contingent Write-down, the Trigger Event Write-down Date or Viability Event Write-down Date, as applicable.

Write-down Date means the date on which the Write-Down will become effective, as specified in the relevant Write-Down Notice. The Write-Down Date shall be determined by the Issuer in consultation with the FSA and any other supervisory authorities and shall be no less than one and no more than ten Business Days following the occurrence of the Non-Viability Event.

Write-down Date means the date on which the Notes will be written down, being no later than one (1) month after the occurrence of a Trigger Event pursuant to Condition 6.1 (Write-Down), or any earlier date as selected by the Issuer or as instructed by the Relevant Regulator, and as specified in the Write-Down Notice;

Examples of Write-down Date in a sentence

• Upon provision of such Non-Viability Notice, a Write-down of the Capital Securities shall take place on the Non-Viability Event Write-down Date and, with effect from such date, holders shall not be entitled to any claim for any amount subject to such Write-down in connection with the Capital Securities.

• If a Write-down Notice has been issued, the Issuer may further instruct the Fiscal Agent to cancel the Global Notes no earlier than 20 days after the Write-down Date, provided that the Fiscal Agent has received any and all interest amounts in respect of the Notes which have become due prior to the Write-down Notice Date.

• A Write-down will occur on the Non-Viability Event Write-down Date.

• In the case of a Write-down resulting in the reduction of the Prevailing Principal Amount of each Capital Security then outstanding to nil, with effect from the Non-Viability Event Write-down Date, the Capital Securities will be automatically cancelled and the holders shall not be entitled to any claim for any amount in connection with the Capital Securities.

More Definitions of Write-down Date

Write-down Date means the date specified as such in the relevant Write-down Notice, which date shall be:

Write-down Date means the date on which the relevant Contingent Write-down or Subsequent Write-down shall become effective as specified in the relevant Write-down Trigger Event Notice, or the date on which the Prevailing Notional Amount shall be written down to zero as specified in the Viability Event Notice.

Write-down Date means the date specified as such in the relevant Write-down Notice, which date shall be no later than ten Business Days after the date of the relevant Write-down Notice;

Write-down Date means the date on which all of a percentage of the Outstanding Principal Amount is Written Down. For the avoidance of doubt, if the Outstanding Principal Amount has not been fully Written Down, the Subordinated Notes will continue to be payable on the remaining Outstanding Principal Amount; and

Write-down Date means the date on which the Notes will be written down, being no later than one

Write-down Date means the date specified as such in the Write-Down Notice on which the Notes will be Written- Down, which date shall be no less than one and no more than seven calendar days after the date of delivery of the relevant Write-Down Notice;

Write-down Date means the date on which a Write Down occurs.