Covered Bondholders definition

Covered Bondholders means the holders from time to time of Covered Bonds, title to which is evidenced in the manner described in Condition 3 (Form, Denomination and Title).

Covered Bondholders means the several persons who are for the time being holders of outstanding Covered Bonds save that, in respect of the Covered Bonds of any Series, for so long as such Covered Bonds or any part thereof are represented by a Global Covered Bond deposited with a common depositary for Euroclear and Clearstream, Luxembourg, each person who is for the time being shown in the records of Euroclear and Clearstream, Luxembourg (other than Clearstream, Luxembourg, if Clearstream, Luxembourg shall be an accountholder of Euroclear and Euroclear, if Euroclear shall be an accountholder of Clearstream, Luxembourg) as the holder of a particular principal amount of the Covered Bonds of such Series shall be deemed to be the holder of such principal amount of such Covered Bonds (and the holder of the relevant Global Covered Bond shall be deemed not to be the holder) for all purposes of the trust presents other than with respect to the payment of principal or interest on such principal amount of such Covered Bonds, the rights to which shall be vested, as against the Issuer, the Guarantor and the Bond Trustee, solely in such common depositary and for which purpose such common depositary shall be deemed to be the holder of such principal amount of such Covered Bonds in accordance with and subject to its terms and the provisions of the trust presents and the expressions “Covered Bondholder”, “Holder” and “holder of the Covered Bonds” and related expressions shall be construed accordingly;

Covered Bondholders means the holders for the time being of the Covered Bonds, and such expression shall in relation to any Covered Bonds represented by a global Covered Bond and in relation to VP Systems Covered Bonds, be construed as provided below;

Examples of Covered Bondholders in a sentence

• Payment of Guaranteed Amounts in respect of the Covered Bonds when the same shall become Due for Payment has been unconditionally and irrevocably guaranteed by the Guarantor (the “Covered Bond Guarantee”) in favour of the Bond Trustee (for and on behalf of the Covered Bondholders) following a Covered Bond Guarantee Activation Event pursuant to the terms of the Trust Deed.

• Covered Bondholders will not be required to bear the costs and expenses of effecting any registration of transfer as provided above, except for any costs or expenses of delivery other than by regular uninsured mail and except that the Issuer may require the payment of a sum sufficient to cover any stamp duty, tax or other governmental charge that may be imposed in relation to the registration.

• The Rules of the Organisation of the Covered Bondholders are attached to, and form an integral part of, these Conditions.

• References in these Conditions to the "Rules of the Organisation of the Covered Bondholders" include such rules as from time to time modified in accordance with the provisions contained therein and any agreement or other document expressed to be supplemental thereto.

• Covered Bondholders are entitled to the benefit of, are bound by and are deemed to have notice of all the provisions of the Transaction Documents and the Rules of the Organisation of the Covered Bondholders applicable to them.

More Definitions of Covered Bondholders

Covered Bondholders means the holders for the time being of the Covered Bonds, and such expression shall:

Covered Bondholders means the several persons who are for the time being holders of outstanding Covered Bonds and the expressions “Covered Bondholder”, “Holder” and “holder of the Covered Bonds” and related expressions shall be construed accordingly;

Covered Bondholders means the holders for the time being of the German Registered Covered Bonds. These Terms and Conditions shall be construed accordingly;

Covered Bondholders means the holders from time to time of Covered Bonds, title to which is evidenced in the manner described in Condition Errore. L'origine riferimento non è stata trovata. (Form, Denomination and Title);

Covered Bondholders means the several persons who are for the time being holders of any Covered Bonds, including the Coupons and Talons appertaining thereto.

Covered Bondholders has the meaning given to such term in the Base Prospectus; "Euroclear" means Euroclear Bank SA/NV;

Covered Bondholders or “Bondholders” shall mean the holders of the Covered Bonds, and such expression shall, in relation to any Covered Bonds represented by a global Covered Bond and in relation to VP Systems Covered Bonds, be construed as provided below; any reference herein to “Couponholders” means the holders of the Coupons, and shall, unless the context otherwise requires, include the holders of Talons). VP Systems Covered Bonds are in dematerialised form: any references in these Terms and Conditions to Coupons and Talons shall not apply to VP Systems Covered Bonds and no global or definitive Covered Bonds will be issued in respect thereof. These Terms and Conditions shall be construed accordingly.