Bail-in Powers. Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements or understanding among two or more of the Managers, each Manager acknowledges and accepts that a UK Bail‑in Liability arising under this Agreement may be subject to the exercise of UK Bail‑in Powers by the relevant UK resolution authority, and acknowledges, accepts and agrees to be bound by:
Appears in 1 contract
Sources: Agreement Among Managers
Bail-in Powers. Notwithstanding and to the exclusion of any other term of this Agreement or any other agreements, arrangements or understanding among two or more of the Managers, each Manager acknowledges and accepts that a UK Bail‑in Bail-in Liability arising under this Agreement may be subject to the exercise of UK Bail‑in Bail-in Powers by the relevant UK resolution authority, and acknowledges, accepts and agrees to be bound by:
Appears in 1 contract
Sources: Amendment to Agreement