Article 60 Forálacha maidir le hionstraimí caipitil agus dliteanas incháilithe ábhartha a dhíluacháil nó a chomhshó

Common Equity Tier 1 items are reduced first in proportion to the losses and to the extent of their capacity and the resolution authority takes one or both of the actions specified in Article 47(1) in respect of holders of Common Equity Tier 1 instruments;

the principal amount of Additional Tier 1 instruments is written down or converted into Common Equity Tier 1 instruments or both, to the extent required to achieve the resolution objectives set out in Article 31 or to the extent of the capacity of the relevant capital instruments, whichever is lower;

the principal amount of Tier 2 instruments is written down or converted into Common Equity Tier 1 instruments or both, to the extent required to achieve the resolution objectives set out in Article 31 or to the extent of the capacity of the relevant capital instruments, whichever is lower;

díluachálfar príomhshuim na ndliteanas incháilithe dá dtagraítear in Airteagal 59(1a) nó comhshófar iad in ionstraimí Ghnáthchothromas Leibhéal 1 nó an dá rud, a mhéad is gá chun na cuspóirí réitigh a leagtar amach in Airteagal 31 a bhaint amach nó suas go dtí méid acmhainneachta na ndliteanais incháilithe ábhartha, cibé acu is ísle.

is laghdú buan a bheidh sa laghdú ar an bpríomhshuim sin, faoi réir aon uasluacháil a dhéanfar i gcomhréir leis an sásra aisíoca in Airteagal 46(3);

ní fhanfaidh aon dliteanas do shealbhóir na hionstraime caipitlí ábhartha, ná den dliteanas incháilithe dá dtagraítear in Airteagal 59(1a) faoi mhéid na hionstraime sin a díluacháladh, nó i dtaca leis, cé is moite d'aon dliteanas a fabhraíodh cheana, agus aon dliteanas i leith damáiste a d'fhéadfadh tarlú de bhíthin achomhairc mar thoradh ar agóid in aghaidh dlíthiúlacht fheidhmiú na gcumhachtaí díluachála;

ní íocfar aon chúiteamh le haon sealbhóir na n-ionstraimí caipitil ábhartha nó na ndliteanas dá dtagraítear in Airteagal 59(1a) seachas i gcomhréir le mír 3 den Airteagal seo.

those Common Equity Tier 1 instruments are issued by the institution or the entity referred to in point (b), (c) or (d) of Article 1(1) or by a parent undertaking of the institution or the entity referred to in point (b), (c) or (d) of Article 1(1), with the agreement of the resolution authority of the institution or the entity referred to in points (b), (c) or (d) of Article 1(1) or, where relevant, of the resolution authority of the parent undertaking;

those Common Equity Tier 1 instruments are issued prior to any issuance of shares or other instruments of ownership by that institution or that entity referred to in point (b), (c) or (d) of Article 1(1) for the purposes of provision of own funds by the State or a government entity;

those Common Equity Tier 1 instruments are awarded and transferred without delay following the exercise of the conversion power;

the conversion rate that determines the number of Common Equity Tier 1 instruments that are provided in respect of ►M3  gach ionstraim caipitil, nó gach dliteanas incháilithe dá dtagraítear in Airteagal 59(1a) ◄ complies with the principles set out in Article 50 and any guidelines developed by EBA pursuant to Article 50(4).