Cover Monitor Calculation Date definition

Cover Monitor Calculation Date means the First Issue Date, each of the dates falling at the end of each semi-annual reporting period (or quarter reporting period if any Covered Bonds issued in a public offering in Turkey of Covered Bonds remain outstanding) following the First Issue Date and each subsequent Issue Date; provided that: (a) the first Cover Monitor Calculation Date shall be within six months of the First Issue Date (as agreed between the Issuer and the Cover Monitor); and (b) the end of each semi-annual reporting period or quarter reporting period, as applicable, shall be calculated from the first Cover Monitor Calculation Date and not from the First Issue Date.Statutory Tests The Cover Pool is subject to the Statutory Tests as set out inthe Covered Bonds Communiqué. The Statutory Tests are the following:
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Cover Monitor Calculation Date means the dates: (a) the first of which shall be a date falling within six months after the First Issue Date (as agreed between the Issuer and the Cover Monitor), (b) the subsequent of which falls on the last İstanbul Business Day of the last month of the six month period starting from such agreed upon first Cover Monitor Calculation Date and (c) in the event there is a report prepared at the request of the Issuer in respect of an Issue Date, the subsequent of which falls on the last İstanbul Business Day of the last month of the six month period starting from the date of such report. Statutory Tests The Cover Pool is subject to the Statutory Tests as set out in the CoveredBonds Communiqué. The Statutory Tests are (as of the date of this Base Prospectus) the following:
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Examples of Cover Monitor Calculation Date in a sentence

  • The Cover Monitor shall, pursuant to the Cover Monitor Agreement, after testing the Statutory Tests as described above, send a copy of the report indicating compliance or non-compliance with the Statutory Tests to the Issuer and the Security Agent as soon as reasonably practicable and in any event not later than 20 İstanbul Business Days following each Cover Monitor Calculation Date.

Related to Cover Monitor Calculation Date

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing October 31, 2001.

  • Interest Calculation Period means the interest calculation period set out or referred to in item 5(d) of the Mortgage Form;

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Allocation Date means, with respect to any Transfer Date, the Business Day which is immediately prior to such Transfer Date.

  • Testing Date means 31 December of each year.

  • Final Valuation Date means the Final Valuation Date as specified in § 1 of the Product and Underlying Data. If the Final Valuation Date is not a Calculation Date the immediately following Banking Day which is a Calculation Date shall be the Final Valuation Date.

  • Determination Date With respect to any Distribution Date, the 15th day of the month of such Distribution Date or, if such 15th day is not a Business Day, the immediately preceding Business Day.

  • Redemption Calculation Date means the sixth Payment Business Day prior to the date on which the Notes are redeemed as a result of any event specified in this § 5(3).(b) Notice of redemption shall be given by the Issuer to the Holders in accordance with § 14 and shall be delivered to the Fiscal Agent not less than 15 days before and shall at least specify:

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Floating Rate Calculation Date means, for any Quarterly Floating Rate Period, the 30th day prior to the first day of such Quarterly Floating Rate Period.

  • MFP Valuation Date means the MFP Settlement Valuation Date;

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Reconciliation Date means the last calendar day of each Reconciliation Period.