Examples of Asset Pool in a sentence
Except as expressly amended hereby, all of the representations, warranties, terms, covenants and conditions of the Asset Pool One Supplement shall remain unamended and shall continue to be, and shall remain, in full force and effect in accordance with its terms and except as expressly provided herein shall not constitute or be deemed to constitute a waiver of compliance with or a consent to noncompliance with any term or provision of the Asset Pool One Supplement.
Initially capitalized terms used herein and not otherwise defined are used as defined in the Asset Pool One Supplement.
The Asset Coverage Test, the Amortisation Test, the Interest Rate Shortfall Test, the Yield Shortfall Test and the Pre-Maturity Test have in the aggregate been structured to ensure that the Asset Pool is sufficient to pay amounts due on the Covered Bonds and senior expenses (which will include costs relating to the maintenance, administration and winding-up of the Asset Pool whilst the Covered Bonds are outstanding).
In preparing and signing this Asset Pool Monitor Report, we accept no duty, responsibility or liability to any other party (including the FCA).
The following results are also attached as Appendix ii to this Asset Pool Monitor Report in the template form requested by the FCA.