Resolution Measures Sample Clauses

The Resolution Measures clause outlines the steps and procedures to be followed when resolving disputes or issues that arise under the agreement. Typically, it specifies methods such as negotiation, mediation, or arbitration, and may set out timelines, required notifications, or the involvement of third-party mediators. By establishing a clear process for addressing conflicts, this clause helps prevent escalation, ensures fairness, and provides a structured path to resolve disagreements efficiently.
Resolution Measures. (1) By subscribing for or otherwise acquiring this Note, each Holder (including Beneficial Owners) shall be bound by and shall be deemed to consent to the imposition of any Resolution Measure (as defined below) by the competent resolution authority.
Resolution Measures. Finland has implemented the European Union bankDirective 2014/59/EU providing for the establishment of an EU-wide framework for the recovery and resolution directive, and the newof credit institutions and investment firms (below, the “BRRD”), and the regime under the directiveBRRD enables authorities to take a range of actions in relation to financial institutions considered to be at risk of failing. These new rules apply only to counterparties, which are a Bank/Credit Institution or an Investment Firm/Broker/Dealer. credit institutions or investment firms. The European Union Bank Recovery and Resolution Directive (the “BRRD”)BRRD entered into force on 2 July 2014 and it was implemented in Finland with effect as of 1 January 2015 principally by the Act on Procedure for the Resolution of Credit Institutions and Investment Firms (1194/2014, as amended;, in Finnish: laki luottolaitosten ja sijoituspalveluyritysten kriisinratkaisusta, the “Resolution Act”), the Act on the Financial Stability Authority (1195/2014, as amended;, in Finnish: laki rahoitusvakausviranomaisesta, the “Authority Act”) and by amending the Act on the Operations of Credit Institutions (in Finnish: laki luottolaitostoiminnasta) and other related
Resolution Measures 

Related to Resolution Measures

  • Problem Resolution The parties shall meet and attempt to resolve all disputes and differences that may arise between the parties hereto concerning construction, interpretation, performance, operations, or breach of the matters referred to in this Agreement prior to seeking any legal remedy.

  • Recognition of the U.S. Special Resolution Regimes (a) In the event that any Underwriter that is a Covered Entity becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer from such Underwriter of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of the United States. (b) In the event that any Underwriter that is a Covered Entity or a BHC Act Affiliate of such Underwriter becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against such Underwriter are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States.

  • Recognition of U.S. Special Resolution Regimes (a) In the event a Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, the transfer of this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement (and any interest and obligation in or under, and any property securing, this Agreement) were governed by the laws of the United States of America or a State of the United States of America. (b) In the event that a Covered Party or any BHC Affiliate of such Covered Party becomes subject to a proceeding under a U.S. Special Resolution Regime, any Default Right under this Agreement that may be exercised against such Covered Party is permitted to be exercised to no greater extent than such Default Right could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States of America or a State of the United States of America.

  • DNS resolution RTT Refers to either “UDP DNS resolution RTT” or “TCP DNS resolution RTT”.

  • TCP DNS resolution RTT Refers to the RTT of the sequence of packets from the start of the TCP connection to its end, including the reception of the DNS response for only one DNS query. If the RTT is 5 times greater than the time specified in the relevant SLR, the RTT will be considered undefined.