Common use of Registered Covered Bonds Clause in Contracts

Registered Covered Bonds. 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds in accordance with the Trust Deed. The Registrar will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable law, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening of business on the second Business Day falling prior to the due date of such payments. If any Registered Covered Bond holder transfers any Registered Covered Bonds in accordance with Condition 20(c) and the Trust Deed and such transfer is notified to the Issuer and the CBC and the Registrar prior to the close of business on the third (3) Business Day before the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register.

Registered Covered Bonds. 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder Bondholder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders Bondholders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, Issuer and the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds in accordance with the Trust Deed. The Registrar may from time to time receive a copy of such notifications and will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable law, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening close of business on of the second Business Day falling prior to the due date of such paymentspayments (the "Record Date"). If any Registered Covered Bond holder Bondholder transfers any Registered Covered Bonds in accordance with Condition 20(c) 20.3 and the Trust Deed and such transfer is notified to the Issuer and Issuer, the CBC and the Registrar prior to the close of business on the third three (3) Business Day before Days prior to the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register.

Registered Covered Bonds. 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder Bondholder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders Bondholders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, Issuer and the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds or of any amendments in the details of a Registered Covered Bondholder or of any other relevant alteration to the Registered Covered Bonds in accordance with the Trust Deed. The Issuer or the CBC, as the case may be, will send a copy of such notifications to the Registrar and upon receipt of such notification the Registrar will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable lawApplicable Law, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening close of business on of the second Business Day falling prior to the due date of such paymentspayments (the "Record Date"). If any Registered Covered Bond holder Bondholder transfers any Registered Covered Bonds in accordance with Condition 20(c) 20.3 and the Trust Deed and such transfer is notified to the Issuer Issuer, the CBC, the Registrar and the CBC and the Registrar prior to the close of business on the third Principal Paying Agent three (3) Business Day before Days prior to the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable reasonably possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register. The Registrar shall send to the Principal Paying Agent a copy of, or extracts from, the Register (including the payment details of the relevant Registered Covered Bondholders) on each Record Date.

Registered Covered Bonds. 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder Bondholder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders Bondholders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds or of any amendments in the details of a Registered Covered Bondholder or of any other relevant alteration to the Registered Covered Bonds in accordance with the Trust Deed. The If such notice is not sent to the Registrar, the Issuer or the CBC, as the case may be, will send a copy of such notifications to the Registrar. Upon receipt of any such notification, the Registrar will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable lawApplicable Laws, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening of business on the second (2nd) Business Day falling prior to the due date of such payments. If any Registered Covered Bond holder Bondholder transfers any Registered Covered Bonds in accordance with Condition 20(c) and the Trust Deed and such transfer is notified to the Issuer and the CBC and the Registrar prior to the close of business on the third (3) Business Day before the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable reasonably possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register. The Registrar shall send to the Principal Paying Agent a copy of, or extracts from, the Register (including the payment details of the relevant Registered Covered Bondholders) on each Record Date.

Registered Covered Bonds. ‌ 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder Bondholder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders Bondholders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, Issuer and the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds in accordance with the Trust Deed. The Registrar may from time to time receive a copy of such notifications and will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable law, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening of business on the second Business Day business day falling prior to the due date of such payments. If any Registered Covered Bond holder transfers any Registered Covered Bonds in accordance with Condition 20(c) 20.3 and the Trust Deed and such transfer is notified to the Issuer and the CBC and the Registrar prior to the close of business on the third (3) Business Day business day before the due date for payment (the "'Record Date"'), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable possible promptly provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register.

Registered Covered Bonds. ‌ 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds in accordance with the Trust Deed. The Registrar will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable law, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening of business on the second Business Day falling prior to the due date of such payments. If any Registered Covered Bond holder transfers any Registered Covered Bonds in accordance with Condition 20(c) and the Trust Deed and such transfer is notified to the Issuer and the CBC and the Registrar prior to the close of business on the third (3) Business Day before the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register.

Registered Covered Bonds. ‌ 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder Bondholder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders Bondholders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, Issuer and the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds in accordance with the Trust Deed. The Registrar may from time to time receive a copy of such notifications and will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable law, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening close of business on of the second Business Day falling prior to the due date of such paymentspayments (the "Record Date"). If any Registered Covered Bond holder Bondholder transfers any Registered Covered Bonds in accordance with Condition 20(c) 20.3 and the Trust Deed and such transfer is notified to the Issuer and Issuer, the CBC and the Registrar prior to the close of business on the third three (3) Business Day before Days prior to the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register.

Registered Covered Bonds. 5.1 The Registrar shall maintain the Register which shall show the aggregate amount of Registered Covered Bonds registered in the name of each Registered Covered Bond holder Bondholder (at the date of issue and resulting from any and all subsequent transfers and changes of registered ownership in respect thereof, as the case may be) and the names and addresses of the Registered Covered Bond holders Bondholders and shall reflect any subsequent conversions, redemptions and cancellations (if any). 5.2 The Issuer, the CBC and the Registrar may from time to time receive notifications in writing of transfers of Registered Covered Bonds or of any amendments in the details of a Registered Covered Bondholder or of any other relevant alteration to the Registered Covered Bonds in accordance with the Trust Deed. The If such notice is not sent to the Registrar, the Issuer or the CBC, as the case may be, will send a copy of such notifications to the Registrar. Upon receipt of any such notification the Registrar will effect the necessary entries in the Register. Transfers of Registered Covered Bonds will be made in accordance with applicable lawApplicable Laws, the Conditions and the Trust Deed. 5.3 Payments of principal, interest (if any) and any other amounts in respect of Registered Covered Bonds will be made to the person shown on the Register as being entitled to the relevant amount of principal or interest or other amount at the opening close of business on of the second Business Day falling prior to the due date of such paymentspayments (the ''Record Date''). If any Registered Covered Bond holder Bondholder transfers any Registered Covered Bonds in accordance with Condition 20(c) and the Trust Deed and such transfer is notified to the Issuer and the CBC and the Registrar prior to the close of business on the third (3) Business Day before the due date for payment (the "Record Date"), the Issuer, the CBC and the Security Trustee will in respect of the Registered Covered Bond so transferred, be discharged from their respective payment obligations only by payment to or to the order of the transferee. If the notification of transfer of the relevant Registered Covered Bond is made after the close of business on the Record Date, (i) the risk that the transfer is not timely recorded in the Register is borne by the transferee and (ii) the Issuer, the CBC, the Security Trustee, the Registrar and the relevant Paying Agent shall not be liable as a result of any payment being made to the person shown in the Register in accordance with this Clause. 5.4 The Registrar shall as soon as reasonable reasonably possible provide the Issuer, the CBC, the Principal Paying Agent and the Security Trustee at their request with a copy of, or extracts from, the Register. The Registrar shall send to the Principal Paying Agent a copy of, or extracts from, the Register (including the payment details of the relevant Registered Covered Bondholders) on each Record Date.