Common use of Adequacy and compliance of the Cover Pool Clause in Contracts

Adequacy and compliance of the Cover Pool. The Common Representative shall not be responsible for any unsuitability, inadequacy or unfitness of the Cover Pool to comply with the requirements set forth in the Covered Bonds Law or to meet the obligations of the Issuer under the Covered Bonds and shall not be obliged to make any investigation into, and shall be entitled to assume, the suitability, adequacy and fitness of the Cover Pool to comply with the requirements set forth in the Covered Bonds Law or to meet the obligations of the Issuer under the Covered Bonds;

Appears in 2 contracts

Samples: Common Representative Appointment Agreement, Common Representative Appointment Agreement

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Adequacy and compliance of the Cover Pool. The Common Representative shall not be responsible for any unsuitability, inadequacy or unfitness of the Cover Pool to comply with the requirements set forth in the Covered Bonds Law or to meet the obligations of the Issuer under the Covered Bonds and shall not be obliged to make any investigation into, and shall be entitled to assume, the suitability, adequacy and fitness of the Cover Pool to comply with the requirements set forth in the Covered Bonds Law or to meet the obligations of the Issuer under the Covered Bonds;.

Appears in 2 contracts

Samples: Common Representative Appointment Agreement, Common Representative Appointment Agreement

Adequacy and compliance of the Cover Pool. The the Common Representative shall not be responsible for any unsuitability, inadequacy or unfitness of the Cover Pool to comply with the requirements set forth in the Covered Bonds Law or to meet the obligations of the Issuer under the Covered Bonds and shall not be obliged to make any investigation into, and shall be entitled to assume, the suitability, adequacy and fitness of the Cover Pool to comply with the requirements set forth in the Covered Bonds Law or to meet the obligations of the Issuer under the Covered Bonds;

Appears in 1 contract

Samples: Common Representative Appointment Agreement

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Adequacy and compliance of the Cover Pool. The the Common Representative shall not be responsible for any unsuitability, inadequacy or unfitness of the Cover Pool to comply with the requirements set forth in the Legal Regime of Covered Bonds Law Bonds, or to meet the obligations of the Issuer under the Covered Bonds and shall not be obliged to make any investigation into, and shall be entitled to assume, the suitability, adequacy and fitness of the Cover Pool to comply with the requirements set forth in the Legal Regime of Covered Bonds Law Bonds, or to meet the obligations of the Issuer under the Covered Bonds;

Appears in 1 contract

Samples: Common Representative Appointment Agreement

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