Common use of Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions Clause in Contracts

Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions. Solely to the extent any Lender that is an Affected Financial Institution is a party to this Agreement and notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Write-Down and Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Kayne Anderson BDC, Inc.)

Acknowledgement and Consent to Bail-In of EEAAffected Financial Institutions. Solely NotwithstandingSolely to the extent any Lender or Issuing Lender that is an Affected Financial Institution is a party to this Agreement and notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEALender or Issuing Lender that is an Affected Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the Writewrite-down and conversion powers of an EEAWrite-Down and Conversion Powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by:

Appears in 1 contract

Sources: Credit Agreement (SunCoke Energy, Inc.)