Exempt Covered Bonds definition

Exempt Covered Bonds means Covered Bonds which are unlisted and/or Covered Bonds that are not listed or admitted to trading on any regulated market in the European Economic Area and/or Covered Bonds listed on other stock exchanges outside the European Economic Area;

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Exempt Covered Bonds means Covered Bonds for which no prospectus is required to be published under the UK Prospectus Regulation;

Exempt Covered Bonds means Covered Bonds for which no prospectus is required to be published under Directive 2003/71/EC, as amended including by Directive 2010/73/EU and includes any relevant implementing measures in a relevant member state of the EEA.

Examples of Exempt Covered Bonds in a sentence

The relevant Final Terms Document or Pricing Supplement in relation to any Tranche of Exempt Covered Bonds may specify other terms and conditions which will, to the extent so specified or to the extent inconsistent with the Terms and Conditions, replace or modify the Terms and Conditions for the purposes of such Covered Bonds.
In the case of any Covered Bonds which are Exempt Covered Bonds, any reference in this Global Registered Covered Bond to the "Final Terms" shall be deemed to be a reference to the Pricing Supplement prepared in relation to such Covered Bonds.
The Applicable Pricing Supplement, in the case of Exempt Covered Bonds, will state whether or not the relevant Exempt Covered Bonds are to be listed and/or admitted to trading and, if so, on which stock exchanges and/or markets.
The following overview does not purport to be complete and is taken from, and is qualified in its entirety by, the remainder of this Prospectus and, in relation to the terms and conditions of any particular Tranche of Covered Bonds, the Applicable Final Terms (or, in the case of Exempt Covered Bonds, the Applicable Pricing Supplement).
If any such deduction or withholding is made by the Issuer, the Issuer will, only in the limited circumstances provided in Condition 7 and only where the Applicable Final Terms (or, in the case of Exempt Covered Bonds, the Applicable Pricing Supplement) indicate that the tax gross up by the Issuer in accordance with Condition 7 is applicable, pay additional amounts in respect of the amounts so deducted or withheld.
The margin (if any) relating to such floating rate will be agreed between the Issuer and the relevant Dealer(s) for each issue of Floating Rate Covered Bonds as set out in the Applicable Final Terms (or, in the case of Exempt Covered Bonds, the Applicable Pricing Supplement).
As set out in the Applicable Final Terms for the relevant Series or Tranche of Covered Bonds (or, in the case of Exempt Covered Bonds, the Applicable Pricing Supplement).
By not later than 12.00 p.m. (London time) on the London Business Day preceding each proposed Issue Date, the Issuer shall deliver or cause to be delivered to the Bond Trustee a copy of the applicable Final Terms or, in the case of Exempt Covered Bonds, the applicable Pricing Supplement and drafts of all legal opinions to be given in relation to the relevant issue.
In relation to Covered Bonds other than Exempt Covered Bonds, when submitting Final Terms Document to the ICSDs, the Agent should also send the Issuer's confirmation (referred to above) stating whether the Covered Bonds are intended to be held in a manner which would allow Eurosystem eligibility.
Covered Bonds (other than A$ Registered Covered Bonds) may be traded on the settlement system operated by Euroclear, the settlement system operated by Clearstream, Luxembourg and/or any other clearing system outside Australia specified in the Applicable Final Terms (or, in the case of Exempt Covered Bonds, the Applicable Pricing Supplement).

More Definitions of Exempt Covered Bonds

Exempt Covered Bonds means Covered Bonds which are not to be admitted to trading on a Regulated Market in the European Economic Area;

Exempt Covered Bonds means Covered Bonds which are neither to be admitted to trading on a regulated market for the purposes of the Markets in Financial Instruments Directive (Directive 2004/39/EC) in the European Economic Area nor offered in the European Economic Area in circumstances where a prospectus is required to be published under the Directive 2003/71/EC (as amended) (the Prospectus Directive). Certain types of Covered Bonds listed above may only be issued as Exempt Covered Bonds unless a Drawdown Prospectus or Securities Note is produced. All terms with initial capitals used herein without definition shall have the meanings given to them in the Base Prospectus dated July 25, 2013 as supplemented or replaced from time to time (the “Prospectus”), or, as the case may be, the Dealership Agreement dated July 25, 2013 as amended, supplemented or restated (the “Dealership Agreement”) between the Issuer, the Guarantor LP and the Dealers named therein pursuant to which the Issuer may issue Covered Bonds.

Exempt Covered Bonds means Covered Bonds which are unlisted and/or Covered Bonds that are not to be listed or admitted to trading on a Regulated Market in the European Economic Area and/or Covered Bonds listed on other stock exchanges outside the European Economic Area. Certain types of Covered Bonds listed above may only be issued as Exempt Covered Bonds unless a Drawdown Prospectus is produced. All terms with initial capitals used herein without definition shall have the meanings given to them in the Base Prospectus dated July 29, 2016 as supplemented or replaced from time to time (the “Prospectus”), or, as the case may be, the Dealership Agreement dated July 29, 2016 as amended, supplemented or restated (the “Dealership Agreement”) between the Issuer, the Guarantor LP and the Dealers named therein pursuant to which the Issuer may issue Covered Bonds.

Exempt Covered Bonds means Covered Bonds which are neither to be admitted to trading on a regulated market for the purposes of the Markets in Financial Instruments Directive (Directive 2004/39/EC) in the European Economic Area nor offered in the European Economic Area in circumstances where a prospectus is required to be published under the Directive 2003/71/EC (the Prospectus Directive). All terms with initial capitals used herein without definition shall have the meanings given to them in the Prospectus dated 22 April 2014 as supplemented or replaced from time to time (the Prospectus) or, as the case may be, the Dealership Agreement dated 25 April 2014 between the Issuer, the Guarantor and the Dealers named in it as amended, supplemented, novated or restated from time to time (the Dealership Agreement) under which the Issuer may issue Covered Bonds. As used herein, in relation to any Covered Bonds which are to have a "listing" or be "listed" (i) on the London Stock Exchange, listing and listed shall be construed to mean that such Covered Bonds have been admitted to the Official List and admitted to trading on the London Stock Exchange's regulated market and

Exempt Covered Bonds is added to Article 1 of the Master Definitions and Construction Agreement in alphabetical order as follows: