Extension Determination Date definition

Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

Extension Determination Date means, with respect to any Series of Covered Bonds, the date falling seven Business Days after (and including) the Maturity Date of such Series of Covered Bonds.

Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Series of Covered Bonds.

Examples of Extension Determination Date in a sentence

• Without prejudice to the generality of the above provisions, Party B, or the Cash Manager acting on Party B's behalf, shall notify Party A at least two London Business Days prior to the Final Maturity Date whether or not the Covered Bonds will be redeemed (in whole or in part) on the Final Maturity Date and, if they will not be, whether or not the Covered Bonds will be redeemed (in whole or in part) on or prior to the Extension Determination Date.

• Payment of all unpaid amounts shall be deferred automatically until the applicable Extended Maturity Date, provided that any amount representing the Final Redemption Amount due and remaining unpaid on the Extension Determination Date may be paid by the Guarantor on any Interest Payment Date thereafter, up to (and including) the relevant Extended Maturity Date.

• In the case of a Series of Extendable Maturity Covered Bonds, if the principal amounts have not been repaid in full by the Extension Determination Date, then the repayment of unpaid principal amounts shall be deferred until the Extended Due for Payment Date.

• In the case of a Series of Extendable Maturity Covered Bonds, if the principal amounts have not been repaid in full by the Extension Determination Date, then the repayment of unpaid principal amounts will be deferred until the Extended Due for Payment Date.

• Extendable obligations under the Guarantee Following the failure by the Issuer to pay the Final Redemption Amount of a Series of Covered Bonds on their Maturity Date and if payment of the Guaranteed Amounts corresponding to the Final Redemption Amount in respect of such Series of the Covered Bonds are not paid in full by the Guarantor on or before the Extension Determination Date, then payment of such Guaranteed Amounts shall be automatically deferred.

More Definitions of Extension Determination Date

Extension Determination Date has the meaning given to it in Condition 6.01 (Redemption at Maturity);

Extension Determination Date means the date that is seven calendar days plus two Business Days from, and including, the Final Maturity Date. Party A Final Exchange Amount: In respect of each Final ExchangeDate, an amount in EUR equal to the amount of the Series CBL26 Covered Bonds to be redeemed on such Final Exchange Date. Party B Final Exchange Amount: In respect of each Final ExchangeDate, the relevant Redemption Notice Amount for such Final Exchange Date.

Extension Determination Date means, in respect of a Series of Covered Bonds to which an Extended Due for Payment Date applies, the date falling two Business Days after the expiry of seven days starting on (and including) the Final Maturity Date of such Series of Covered Bonds.

Extension Determination Date means, with respect to each Series or Tranche of Covered Bonds, the date falling 4 days after the Maturity Date of the relevant Series.

Extension Determination Date means the date falling seven Business Days after the expiry of the Maturity Date of the relevant Series or Tranche of Covered Bonds.

Extension Determination Date means the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date.]

Extension Determination Date means the date falling seven Business Days after the expiry of the Maturity Date of the relevant Series or Tranche of Covered Bonds.Status of the Covered Bonds The Covered Bonds will constitute direct, unconditional,unsecured and unsubordinated obligations of the Issuer, guaranteed by the Guarantor with limited recourse to the Available Funds and will rank pari passu without any preference among themselves, except in respect of maturities ofeach Series, and (save for any applicable statutory provisions) at least equally with all other present and future unsecured, unsubordinated obligations of the Issuer having the same maturity of each Series of the Covered Bonds, from time to time outstanding.Negative pledge The Covered Bonds will not contain a negative pledge provision.Cross-default The Covered Bonds will not contain a cross-default provision. Accordingly, neither an event of default in respect of any other indebtedness of the Issuer (including, without limitation, in relation to other debt securities of the Issuer) nor an acceleration of such indebtedness will of itself give rise to an Issuer Event of Default.Recourse In accordance with Law 130 and the Decree of the Ministry of Economy and Finance No. 310 of 14 December 2006 (the “MEF Decree”) and with the terms and conditions of the relevant Transaction Documents (as defined below), the holders of the Covered Bonds (the “Covered Bondholders”) will benefit from full recourse on the Issuer and limited recourse on the Guarantor limited to the Available Funds. For a more detailed description, see the section headed “Credit Structure”, below.Provisions of Transaction Documents The Covered Bondholders are entitled to the benefit of, arebound by and are deemed to have notice of all provisions of the Transaction Documents applicable to them. In particular, each Covered Bondholder, by reason of holding Covered Bonds, recognises the Representative of the Covered Bondholders as its representative and accepts to be bound by the terms of each of the Transaction Documents signed by the Representative of the Covered Bondholders as if such Covered Bondholder was a signatory thereto.Conditions precedent to the issuance of a new Series or Tranche of Covered BondsThe Issuer will be entitled (but not obliged) at its option, on any date and without the consent of the holders of the Covered Bonds issued beforehand and of any other creditors of the Guarantor or of the Issuer, to issue further Series or Tranches of Covered B...