Examples of Covered Bond Legislation in a sentence
They are issued in accordance with the Greek Covered Bond Legislation and are backed by the assets of the Cover Pool.
To the extent that claims in relation to the Covered Bonds and relating derivative contracts are not met out of the assets of the Issuer that are covered in accordance with the Covered Bond Legislation, the residual claims will rank pari passu with the unsecured and unsubordinated obligations of the Issuer.
They are issued in accordance with Covered Bond Legislation and are backed by the assets of the Cover Pool.
Statutory Tests Pursuant to the Greek Covered Bond Legislation, the Cover Pool is subject to the Statutory Tests as set out in the Secondary Covered Bond Legislation.
Statutory Tests Pursuant to the Greek Covered Bond Legislation, the Cover Pool issubject to the Statutory Tests as set out in the Secondary Covered Bond Legislation.
Under the Covered Bond Legislation, the Issuer's obligations and undertaking in respect of the Covered Bonds will endure notwithstanding the Issuer's removal from the Register of Approved Institutions.
See further "Overview of the Covered Bond Legislation" for more information.
Appointment of the Covered Bond Business AdministratorPursuant to the Covered Bond Legislation, the Competent Authority has the power to appoint the Covered Bond Business Administrator.
Subject to the provisions of the Covered Bond Legislation, such Complementary Assets may be included in the Cover Pool as part of the Basic Collateralisation and the Supervisory Over-collateralisation.
This Covered Bond is one of a Series (as defined below) of Covered Bonds issued by Bank of Cyprus Public Company Limited (the Issuer) pursuant to the Trust Deed and the Covered Bond Legislation (as defined below).