Cover Pool Administrator definition

Cover Pool Administrator means a cover pool administrator (portefeuillebeheerder/gestionnaire de portefeuille) appointed to manage the Special Estate in any of the circumstances as described in Article 8 of Annex III to the Banking Law.
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Cover Pool Administrator means a cover pool administrator (portefeuillebeheerder/gestionnaire de portefeuille) appointed to manage the Special Estate in any of the circumstances as described in Article 64/13 of the Credit Institutions Supervision Law.
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Examples of Cover Pool Administrator in a sentence

  • The Cover Pool Administrator is legally entrusted with all necessary and relevant powers to manage the Special Estate.

  • Moreover, following the opening of bankruptcy proceedings against the Issuer, the Cover Pool Administrator may in certain circumstances proceed with the liquidation of the Special Estate and early redemption of the Covered Bonds (see Summary of the Belgian Covered Bonds Legislation).

  • The Issuer or, upon its appointment by the Supervisor, the Cover Pool Administrator may, from time to time during the Programme, enter into liquidity facility agreements (each a Liquidity Facility Agreement and together the Liquidity Facility Agreements) in relation to the Special Estate with one or more liquidity facility providers (each a Liquidity Facility Agreement and together the Liquidity Facility Providers) in order to improve the liquidity of the Special Estate.

  • The exercise of set-off rights by underlying debtors may adversely affect the value of the Special Estate, may additionally affect any sale proceeds of the Special Estate and may ultimately affect the ability of the Issuer or the Cover Pool Administrator, as applicable, to make payments under the Covered Bonds.

  • The Cover Pool Administrator Royal Decree specifies the tasks of the cover pool administrator.

  • Upon appointment, the Cover Pool Administrator will manage the Special Estate with a view to satisfying the obligations in relation to the Covered Bonds as provided for in the Conditions.

  • The initiation of bankruptcy proceedings against the Issuer would not affect the relevant powers of the Cover Pool Administrator to manage the Special Estate to the exclusion of the Issuer and the insolvency administrator.

  • On the initiation of bankruptcy proceedings against the Issuer, the Cover Pool Administrator may also in certain circumstances proceed with the liquidation of the Special Estate and with the early repayment of the Covered Bonds.

  • However, this would not affect the ability of the Cover Pool Administrator to manage the Special Estate to the exclusion of the Issuer and the insolvency administrator.

  • Pursuant to the Belgian Covered Bonds Legislation, a receiver has a legal obligation to co-operate with the Supervisor and the Cover Pool Administrator in order to enable them to manage the Special Estate in accordance with the Belgian Covered Bonds Legislation.

Related to Cover Pool Administrator

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Special administrator means a personal representative as described in Sections 75-3-614 through 75-3-618.

  • Collateral Administrator has the meaning set forth in the introductory section of this Agreement.

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Regional Administrator means the Regional Administrator of Region 10 of the EPA, or the authorized representative of the Regional Administrator.

  • RFR Administrator means the XXXXX Administrator or the SARON Administrator, as applicable.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • XXXXX Administrator means the Bank of England (or any successor administrator of the Sterling Overnight Index Average).

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Chief School Administrator means the Superintendent of Schools or the Administrative Principal if there is no Superintendent.

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

  • IPN Portal Administrator means the USAID official designated by the Director, M/OAA, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Assistance.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.

  • Chief administrator means the Chief Administrator of the New

  • Scheme Administrator means the person or company appointed under an instrument by the founder to manage the administrative affairs of the scheme.

  • Exchange Administrator means the entity selected by Xxxxxxx Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Records administrator means the director, county clerk, municipal secretary, superintendent, or other person responsible for maintaining the records of the local governmental entity.

  • Settlement Administrator means the third party settlement administrator proposed by the Parties, as approved by the Court.

  • Beginning administrator means a building level or district level leader who has not completed three (3) years of experience as a building level or district level administrator.

  • Zoning Administrator means the administrator of these rules who is appointed by the natural resources commission.

  • Tax Administrator means the individual charged with direct responsibility for administration of an income tax levied by a municipal corporation in accordance with this chapter, and also includes the following:

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).