Examples of Australian Covered Bonds in a sentence
Pursuant to the Trust Deed, the Australian Covered Bonds have the benefit of the Covered Bond Guarantee.
Interest 5.01 Australian Covered Bonds may be interest-bearing or non interest-bearing.
Unless otherwise specified in the Final Terms, the deposits to be evidenced by the Australian Covered Bonds will be taken by the main branch of the Issuer in Toronto, but without prejudice to the provisions of Condition 9.
The Australian Covered Bonds are neither “protected accounts” nor “deposit liabilities” within the meaning of the Australian Banking Act.
Pursuant to the Trust Deed, another person may be substituted for the Issuer as the issuer of the Australian Covered Bonds, and the Issuer may be released from liability in respect of the Australian Covered Bonds and any such substitution shall take effect for the purpose of the Australian Deed Poll and these Conditions.
The Australian Covered Bonds are not the obligations of any government and, in particular, are not guaranteed by the Commonwealth of Australia.
The Issuer may from time to time, without the consent of the Holders of any Australian Covered Bonds, create and issue further Australian Covered Bonds having the same terms and conditions as such Australian Covered Bonds in all respects (or in all respects except for the first payment of interest, if any, on them and/or the Specified Denomination thereof) so as to form a single series with the Australian Covered Bonds of any particular Series.
Interest will be calculated on the Calculation Amount of the Fixed Rate Australian Covered Bonds and will be paid to the Holders of the Australian Covered Bonds.
The currency in which the Australian Covered Bonds are denominated or, if different, payable, as specified in the Final Terms (the “Contractual Currency”), is the sole currency of account and payment for all sums payable by the Issuer in respect of the Australian Covered Bonds, including damages.
In particular, this paper provides an in-depth description of the hardware and software components, discussing implementation details that may be helpful to other researchers and engineers in the devel- opment of similar tools.