TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “Terms and Conditions” or the “Conditions”) which will, as completed by the applicable Final Terms in relation to a Tranche of Covered Bonds, apply to each Registered Global Covered Bond and each Registered Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Registered Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Registered Global Covered Bond and Registered Definitive Covered Bond. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Equitable Bank (the “Bank” or the “Issuer”) as part of the Issuer’s CAD 3 billion global legislative covered bond programme (the “Programme”) and constituted by a trust deed initially dated as of the Programme Date and as amended and restated on 19 September 2022 and as further amended by a first amending agreement dated on 29 September 2023 and by a second amending agreement dated 31 October 2024 (such trust deed as may be further amended, restated, supplemented or replaced, the “Trust Deed”) made between the Issuer, EQB Covered Bond (Legislative) Guarantor Limited Partnership, as guarantor (the “Guarantor”) and Computershare Trust Company of Canada, as bond trustee (in such capacity, the “Bond Trustee” which expression shall include any successor as bond trustee).
TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the Terms and Conditions of the Covered Bonds which will be incorporated by reference into each global Covered Bond and each definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The following Terms and Conditions will be applicable to each VP Systems Covered Bonds. VP Systems Covered Bonds will not be evidenced by any physical covered bond or document of title other than statements of account made by VPS, VP or VPC (as the case may be). Ownership of VP Systems Covered Bonds will be recorded and transfer effected only through the book entry system and register maintained by VPS, VP or VPC (as the case may be). The Applicable Pricing Supplement in relation to any Tranche of Exempt Covered Bonds may specify other Terms and Conditions, replace or modify the following Terms and Conditions for the purpose of such
TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the Terms and Conditions of the Covered Bonds which will be incorporated by reference into each Global Covered Bond (as defined below) and each Definitive Covered Bond, in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the relevant Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms (or the relevant provisions thereof) will be endorsed upon, or attached to, each Global Covered Bond and Definitive Covered Bond.
TERMS AND CONDITIONS OF THE COVERED BONDS. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Aktia Bank plc (the Issuer) pursuant to the Agency Agreement (as defined below). References herein to the Covered Bonds shall be references to the Covered Bonds of this Series and shall mean:
TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the Terms and Conditions of the Covered Bonds which will be incorporated by reference into each Global Covered Bond (as defined below) and each Definitive Covered Bond (as defined below), in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer at the time of issue but, if not so permitted and agreed, such Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Final Terms in relation to any Tranche of Covered Bonds may specify other terms and conditions which shall, to the extent so specified or to the extent inconsistent with the following Terms and Conditions, replace or modify the following Terms and Conditions for the purpose of such Covered Bonds. The applicable Final Terms (or the relevant provisions thereof) will be endorsed on, or attached to, each Global Covered Bond and Definitive Covered Bond. Reference should be made to “Form of the Covered Bonds” for a description of the content of Final Terms which will specify which of such terms are to apply in relation to the relevant Covered Bonds.
TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the Terms and Conditions of the Covered Bonds which will be incorporated by reference into each Global Covered Bond (as defined below) and each Definitive Covered Bond (as defined below), in the latter case only if permitted by the relevant stock exchange or other relevant authority (if any) and agreed by the Issuer and the relevant Dealer(s) at the time of issue but, if not so permitted and agreed, such Definitive Covered Bond will have endorsed thereon or attached thereto such Terms and Conditions. The applicable Pricing Supplement in relation to any Tranche of Exempt Covered Bonds may specify other terms and conditions which shall, to the extent so specified or to the extent inconsistent with the following Terms and Conditions, replace or modify the following Terms and Conditions for the purpose of such
TERMS AND CONDITIONS OF THE COVERED BONDS. The following are the terms and conditions of the Covered Bonds (the “
TERMS AND CONDITIONS OF THE COVERED BONDS. This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Aktia Bank plc (the References herein to the Covered Bonds shall be references to the Covered Bonds of this Series and shall mean:
(a) in relation to any Covered Bonds represented by a global Covered Bond (a Global Covered Bond), units of the lowest Specified Denomination in the Specified Currency;
(b) any Global Covered Bond; and
(c) any definitive Covered Bonds issued in exchange for a Global Covered Bond. The Covered Bonds and the Coupons (as defined below) have the benefit of an Agency Agreement (such Agency Agreement as amended and/or supplemented and/or restated from time to time, the Agency Agreement) dated 12 August 2022 and made between the Issuer, Citibank, N.A., London Branch as issuing and principal paying agent and agent bank (the Agent, which expression shall include any successor agent) and the other paying agents named therein (together with the Agent, the Paying Agents, which expression shall include any additional or successor paying agents). The final terms for this Covered Bond (or the relevant provisions thereof) are set out in Part A of the Final Terms attached to or endorsed on this Covered Bond which complete these Terms and Conditions (the Conditions). References to the applicable Final Terms are, unless otherwise stated, to Part A of the Final Terms (or the relevant provisions thereof) attached to or endorsed on this Covered Bond. The expression Prospectus Regulation means Regulation (EU) 2017/1129, as amended. Interest bearing definitive Covered Bonds have interest coupons (Coupons) and in the case of Covered Bonds which, when issued in definitive form, have more than 27 interest payments remaining, talons for further Coupons (Talons) attached on issue. Any reference herein to Coupons or coupons shall, unless the context otherwise requires, be deemed to include a reference to Talons or talons. Global Covered Bonds do not have Coupons or Talons attached on issue. Any reference to Covered Bondholders or holders in relation to any Covered Bonds shall mean the holders of the Covered Bonds and shall, in relation to any Covered Bonds represented by a Global Covered Bond, be construed as provided below. Any reference herein to Couponholders shall mean the holders of the Coupons and shall, unless the context otherwise requires, include the holders of the Talons. As used herein, Tranche means Covered Bonds which are identical in all respects (including as t...
