TD COVERED BOND Clause Samples
The TD Covered Bond clause defines the terms and conditions under which covered bonds issued by Toronto-Dominion Bank (TD) are recognized and treated within the agreement. Typically, this clause outlines the eligibility criteria for these bonds, such as credit ratings, governing law, and the nature of the collateral backing the bonds. It may also specify how these bonds can be used as collateral or for settlement purposes in financial transactions. The core function of this clause is to ensure that both parties have a clear understanding of the status and treatment of TD covered bonds, thereby reducing uncertainty and managing credit risk in transactions involving these instruments.
TD COVERED BOND. (LEGISLATIVE) GUARANTOR LIMITED PARTNERSHIP, a limited partnership formed under the laws of the Province of Ontario whose registered office is at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ M5K 1A2 by its managing general partner TD COVERED BOND (LEGISLATIVE) GP INC., as Guarantor; and
TD COVERED BOND. (Legislative) Guarantor Limited Partnership, a limited partnership formed under the laws of the Province of Ontario, whose registered office is at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇, by its general partner TD Covered Bond (Legislative) GP Inc. (hereinafter the “Guarantor”); and,
TD COVERED BOND. (LEGISLATIVE) GP INC., a corporation incorporated under the laws of Canada whose registered office is at ▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ West, P.O. Box 1, TD ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇;