affected creditor
Defined in Article 2, Directive (EU) 2025/1 (IRRD)
Definitions over time (1)
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For the purposes of this Directive, the following definitions apply:
‘affected creditor’ means a creditor whose claim relates to a liability that is reduced or converted to shares or other instruments of ownership by the exercise of the write-down or conversion power pursuant to the use of the write-down or conversion tool;