Write Down Procedure definition

Write Down Procedure means the procedures set out in Condition 7(a)(ii).
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Write Down Procedure means the procedures set out in Condition 7 (Loss Absorption Mechanism).
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Write Down Procedure means the procedures set out in Condition 7 (Loss Absorption Mechanism). 2.2 Interpretation In these Conditions:
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Examples of Write Down Procedure in a sentence

  • If any provision of this Agreement is held to be invalid, illegal, or unenforceable, such provision shall be reformed only to the extent necessary to make it valid, legal and enforceable, and the remainder of this Agreement shall nonetheless remain in full force and effect.

  • If a Trigger Event has occurred at any time, the Issuer shall write down the Outstanding Principal Amount of each Subordinated Notes with the Write Down Amount on the Write Down Effective Date in accordance with the Write Down Procedure.

  • The Investigating Officer should also consider including an assessment of the risk of collateral intrusion and detail any measures taken to limit this.

  • Write-down upon Trigger Event If the Issuer determines that a Trigger Event has occurred at any time, then the Issuer shall write down the Outstanding Principal Amount of each Note (in whole or in p art, as applicable) on the Write -Down Effective Date in accordance with the Write -Down Procedure.

  • If a Trigger Event has occurred at any time, the Issuer shall write down the Outstanding Nominal Value of each Note (in whole or in part, as applicable) by writing down such Outstanding Nominal Value (in whole or in part, as applicable) on the Write Down Effective Date in accordance with the Write Down Procedure.

  • Write -Down The principal amount of the Notes may be reduced to absorb losses If the Issuer determines that a Trigger Even t has occurred, then it shall write down the Outstanding Principal Amount of each Note (in whole or in part, as applicable) by writing down such Outstanding Principal Amount (in whole or in part, as applicable) on the Write -Down Effective Date in accordanc e with the Write -Down Procedure (both as defined in the Conditions ).


More Definitions of Write Down Procedure

Write Down Procedure means, in respect of a Series of Additional Tier 1 Notes, the write down procedure set out in Condition 8(c); and
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Write Down Procedure means the procedures set out in Condition 7(a)(ii). (b) In these Conditions:
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Write Down Procedure means the write down procedure set out in Condition 6(d); and
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Related to Write Down Procedure

  • Written Procedure means the written or electronic procedure for decision making among the Bondholders in accordance with Clause 18 (Written Procedure).

  • Security procedure means a procedure employed for the purpose of verifying that an electronic signature, record, or performance is that of a specific person or for detecting changes or errors in the information in an electronic record. The term includes a procedure that requires the use of algorithms or other codes, identifying words or numbers, encryption, or callback or other acknowledgment procedures.

  • Dispute Resolution Procedure means the procedure for resolution of Disputes set forth in Article 18;

  • CREFC® Significant Insurance Event Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest Significant Insurance Event Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Commercial applicator means a person who, by contract or for hire, engages in the

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Procurement Process means the process commenced by the issuing of this Invitation and concluding upon the award of a contract (or other outcome as determined by Tetra Tech International Development) or upon the earlier termination of the process

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.