Covered Bonds Act definition

Covered Bonds Act means the Act on Mortgage Banks and Covered Bonds (FI: Laki kiinnitysluottopankeista ja katetuista joukkolainoista (151/2022)), as may be supplemented, amended, modified, varied, extended, replaced or re-enacted from time to time;
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Covered Bonds Act means Act on Mortgage Credit Bank Operations (Laki kiinnitysluottopankkitoiminnasta, 688/2010), as may be supplemented, amended, modified or varied from time to time;
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Covered Bonds Act means the Swedish covered bonds issuance act ( Sw. lagen (2003:1223) om utgivning av säkerställda obligationer).
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Examples of Covered Bonds Act in a sentence

  • The Covered Bonds are covered in accordance with Polish Covered Bonds Act and rank pari passu with all other unsubordinated present and future obligations of the Bank which have the same status as the Covered Bonds under the Polish Covered Bonds Act.

  • The Covered Bonds Act would allow any ADI authorised under the Banking Act 1959 to issue Covered Bonds.

  • The legislative framework would consist of a Covered Bonds Act, which would address the factors set out below, together with a scheme of regulations (which would be administered by APRA) that would establish the parameters under which an Australian ADI could issue Covered Bonds.

  • RT I, 26.06.2017, 1 – entry into force 06.07.2017](1) Securities registered in the securities register or a securities account, except for the securities account specified in clause 3 of subsection 2 of § 21 of the Covered Bonds Act and the securities entered in the covered bond collateral register, are frozen on the basis of a bankruptcy ruling.

  • The Covered Bonds Act will specifically regulate the rights of the holders of Covered Bonds.

  • The Covered Bonds are covered in accordance with the Polish Covered Bonds Act and rank pari passu with all other unsubordinated present and future obligations of the Bank which have the same status as the Covered Bonds under the Polish Covered Bonds Act.

  • Supplementary collateral may only be used as collateral for covered bonds on a temporary basis and in the circumstances set out in the Covered Bonds Act.

  • This is achieved by Section 24 of the Covered Bonds Act, which provides that (a) the total value of cover pool assets must always exceed the aggregate outstanding principal amount of the covered bonds; and (b) the value of cover pool assets must always be at least 2 per cent.

  • This Note is one of a Series (as defined below) of medium term notes or covered bonds under the Finnish Covered Bonds Act (Laki kiinnitysluottopankkitoiminnasta 688/2010) (the CBA), as specified in the applicable Final Terms (as defined below).

  • If the terms and conditions of the covered bonds include the possibility to extend the maturity then, pursuant to the Covered Bonds Act, in the case of each issue of covered bonds, the issuer may only extend the maturity date of such issue of covered bonds with the FIN-FSA’s permission.


More Definitions of Covered Bonds Act

Covered Bonds Act means the Swedish Act on Issuance of Covered Bonds (Sw: lag (2003:1223) om utgivning av säkerställda obligationer), as may be supplemented, amended, modified or varied from time to time;
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Related to Covered Bonds Act

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • covered bond means a debt security issued by any member of the banking group, for which repayment to holders is guaranteed by a SPV, and investors retain an unsecured claim on the issuer.

  • Rule 144A Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold in the United States to QIBs in reliance on Rule 144A;

  • Mortgage Indenture means the Mortgage and Deed of Trust, dated as of April 1, 1932, between SIGECO and Bankers Trust Company (as supplemented from time to time before or after the date hereof by various supplemental indentures thereto).

  • Additional Bonds means the debt instruments issued under a Tap Issue, including any Temporary Bonds.

  • Series 2021 Bonds means, collectively, the Series 2021A Bonds and the Series 2021B Bonds.

  • Rule 144A Notes means all Notes offered and sold to QIBs in reliance on Rule 144A.

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Initial Bonds means the Bonds issued on the First Issue Date.

  • Existing Bonds means the following obligations of Seller:

  • 144A Notes means the Class E Notes and any Note retained by the Depositor or an Affiliate thereof on the Closing Date.

  • Previously Issued Bonds means all Bonds that have been issued by CFD No. 2001-1 prior to the date of prepayment.

  • Voting Bonds means the Outstanding Bonds less the Issuer’s Bonds.

  • Prior Bonds means the assessment bonds that are refunded in part or in whole by refunding assessment bonds.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Global Bond means the Original Global Bond and/or as the context may require any global bond representing any Further Bonds or any of them.

  • Initial Additional Notes means Additional Notes issued in an offering not registered under the Securities Act and any Notes issued in replacement thereof, but not including any Exchange Notes issued in exchange therefor.

  • Pledged Bonds means any Bonds purchased by the Borrower with payments made on the Credit Facility, which Bonds are registered in the name of the Borrower and held by the Trustee on behalf of the Credit Enhancer pursuant to the terms of the Bond Pledge Agreement, until such time as such Bonds are sold by the Borrower or by the Remarketing Agent.

  • Rule 144A Global Notes has the meaning set forth in Section 4.2(b)(i) of the Series 2018-1 Supplement.

  • 2029 Notes has the meaning specified in the recitals of this Supplemental Indenture.

  • Senior Bonds means all Bonds issued as Senior Bonds in compliance with the provisions of the Indenture.

  • Series 2020 Bonds means the West Virginia Hospital Finance Authority Refunding Revenue Bonds (Thomas Health System, Inc.), Series 2020 A to be issued as a combination of tax-exempt and taxable non-rated fixed rate bonds by the Issuer, subject to its authority and discretion, in the aggregate principal amount of $60,100,000, to (i) refund and retire the Series 2008 Bonds at a discount to the current par amount outstanding, (ii) fund a debt service reserve fund for the Series 2020 Bonds, (iii) fund the Operating Reserve Fund, if necessary, as described in Article IV.C.1 of the Plan and (iv) finance costs of issuance of the Series 2020 Bonds.

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • 2028 Notes means the Borrower’s $650,000,000 aggregate principal amount notes due June 13, 2028, issued in June 2023 and July 2023.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.