Common use of Asset Cover Test Clause in Contracts

Asset Cover Test. 3.1 The CBC shall use reasonable efforts to procure that as at the end of each calendar month for so long as the Covered Bonds remain outstanding, provided that no Notice to Pay or CBC Acceleration Notice has been served:

Appears in 4 contracts

Samples: Asset Monitoring Agreement, Asset Monitoring Agreement, Asset Monitoring Agreement

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Asset Cover Test. 3.1 The CBC shall use reasonable efforts to procure that as at the end of each calendar month for so long as the Covered Bonds remain outstanding, provided that no Issuer Acceleration Notice to Pay or CBC Acceleration Notice has been served:

Appears in 4 contracts

Samples: Asset Monitoring Agreement, Asset Monitoring Agreement, Asset Monitoring Agreement

Asset Cover Test. 3.1 The CBC shall use reasonable efforts to procure that as at the end of each calendar month for so long as the Covered Bonds remain outstanding, provided that no Notice to Pay Pay, Issuer Acceleration Notice or CBC Acceleration Notice has been served:

Appears in 3 contracts

Samples: Asset Monitoring Agreement, Asset Monitoring Agreement, Asset Monitoring Agreement

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Asset Cover Test. 3.1 The CBC shall use reasonable efforts to procure that as at the end of each calendar month for so long as the Covered Bonds remain outstanding, provided pro- vided that no Issuer Acceleration Notice to Pay or CBC Acceleration Notice has been served:

Appears in 1 contract

Samples: Asset Monitoring Agreement

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