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 will specifically regulate the rights of the holders of 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.

  • 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.

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

  • 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.

  • 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).


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;

  • 1939 Act means the Trust Indenture Act of 1939, as amended, and the rules and regulations of the Commission thereunder.

  • 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.

  • the 2004 Act means the Traffic Management Act 2004;

  • 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.

  • Bond Act means the California Water Resources Development Bond Act, comprising Chapter 8 (commencing at Section 12930) of Part 6 of Division 6 of the Water Code.

  • 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

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

  • 1933 Securities Act means the Securities Act of 1933 of the United States, as amended, and the rules and regulations thereunder, and any comparable or successor laws or regulations thereto.

  • Global Bond means the Original Global Bond and/or as the context may require any other global bond or global bonds representing 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 the related series of Bonds and any other Mortgage Bonds issued to secure Securities subject to the release provisions provided herein or in any other supplemental indenture to the Original Indenture.

  • U.S. Securities Act means the United States Securities Act of 1933, as amended;

  • Trust Indenture Act of 1939 (except as otherwise provided in Sections 8.1 and 8.2) means the Trust Indenture Act of 1939 as in force at the date as of which this Indenture was originally executed.

  • 2012 Act means the Health and Social Care Act 2012;