Article 36 4.

to inform the determination of whether the conditions for resolution or the conditions for the write down or conversion of ►M3  capital instruments and eligible liabilities in accordance with Article 59 ◄ are met;

if the conditions for resolution are met, to inform the decision on the appropriate resolution action to be taken in respect of the institution or entity referred to in point (b), (c) or (d) of Article 1(1);

when the power to write down or convert relevant ►M3  capital instruments and eligible liabilities in accordance with Article 59 ◄ is applied, to inform the decision on the extent of the cancellation or dilution of shares or other instruments of ownership, and the extent of the write down or conversion of relevant ►M3  capital instruments and eligible liabilities in accordance with Article 59 ◄ ;

when the bail-in tool is applied, to inform the decision on the extent of the write down or conversion of ►M3  bail-inable liabilities ◄ ;

when the bridge institution tool or asset separation tool is applied, to inform the decision on the assets, rights, liabilities or shares or other instruments of ownership to be transferred and the decision on the value of any consideration to be paid to the institution under resolution or, as the case may be, to the owners of the shares or other instruments of ownership;

when the sale of business tool is applied, to inform the decision on the assets, rights, liabilities or shares or other instruments of ownership to be transferred and to inform the resolution authority’s understanding of what constitutes commercial terms for the purposes of Article 38;

in all cases, to ensure that any losses on the assets of the institution or entity referred to in point (b), (c) or (d) of Article 1(1) are fully recognised at the moment the resolution tools are applied or the power to write down or convert relevant ►M3  capital instruments and eligible liabilities in accordance with Article 59 ◄ is exercised.