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Internal Cover Pool Monitor definition

Internal Cover Pool Monitor means VLK Internal Audit (as part of Xxx Xxxxxxxx Xxxxxx) appointed by the Issuer as internal cover pool monitor for the purpose of Article 40n of the Decree, inter alia, to monitor on an annual basis compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including 40m of the Decree (excluding Articles 40g and 40k of the Decree) (which expression shall include such other person as may be appointed from time to time as Internal Cover Pool Monitor).
Internal Cover Pool Monitor means NIBC Bank Internal Audit (as part of NIBC Bank) appointed by the Issuer as internal cover pool monitor for the purpose of Article 40n of the Decree, inter alia, to monitor on an annual basis compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including 40m of the Decree (excluding Articles 40g and 40k of the Decree) (which expression shall include such other person as may be appointed from time to time as Internal Cover Pool Monitor);
Internal Cover Pool Monitor means Achmea Internal Audit acting as internal cover pool monitor for the purpose of Article 40n of the Decree, inter alia, to monitor on an annual basis compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including Article 40m of the Decree (excluding Articles 40g and 40k of the Decree) (which expression shall include such other person as may be appointed from time to time as Internal Cover Pool Monitor).

Examples of Internal Cover Pool Monitor in a sentence

  • To the extent within its powers, the Issuer shall ensure that the CBC, the Administrator, the Internal Cover Pool Monitor and the Asset Monitor shall receive all such information that is required to check compliance with the Asset Cover Test, the Amortisation Test and the Mandatory Liquidity Test and to verify compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including 40m of the Decree, in accordance with the requirements prescribed by the CB Regulations.

  • The Issuer agrees and confirms that (i) NIBC Bank Internal Audit is independent from its credit approval processes, (ii) it shall not remove NIBC Bank Internal Audit as Internal Cover Pool Monitor without prior approval of its supervisory board and (iii) NIBC Bank Internal Audit has direct access to its supervisory board.

  • The Internal Cover Pool Monitor is not appointed by the CBC and therefore has no obligation nor liability vis-à-vis the CBC for the performance of its functions as Internal Cover Pool Monitor.

  • Page10Diversity and inclusion are often referenced together however they are not synonymous terms.

  • The Issuer agrees and confirms that (i) VLK Internal Audit is independent from its credit approval processes, (ii) it shall not remove VLK Internal Audit as Internal Cover Pool Monitor without prior approval of its supervisory board and (iii) VLK Internal Audit has direct access to its supervisory board.

  • The Issuer agrees and confirms that (i) Aegon Bank Internal Audit is independent from its credit approval processes, (ii) it shall not remove Aegon Bank Internal Audit as Internal Cover Pool Monitor without prior approval of its supervisory board and (iii) Aegon Bank Internal Audit has direct access to its supervisory board.


More Definitions of Internal Cover Pool Monitor

Internal Cover Pool Monitor means Xxxx Internal Audit (as part of Xxxx) acting, pursuant to the Asset Monitoring Agreement, as internal cover pool monitor for the purpose of Article 53108111 M 56155781 / 2 40n subsection 2 of the Decree, inter alia, to monitor on an annual basis compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including 40m of the Decree (excluding Articles 40g and 40k of the Decree) (which expression shall include such other person as may be appointed from time to time as Internal Cover Pool Monitor pursuant to the Asset Monitoring Agreement).
Internal Cover Pool Monitor means Aegon Internal Audit (as part of Aegon Bank) acting, pursuant to the Asset Monitoring Agreement, as internal cover pool monitor for the purpose of Article 40n subsection 2 of the Decree, inter alia, to monitor on an annual basis compliance with Articles 3:33b and 3:33ba of the Wft and Articles 40e up to and including 40m of the Decree (excluding Articles 40g and 40k of the Decree) (which expression shall include such other person as may be appointed from time to time as Internal Cover Pool Monitor pursuant to the Asset Monitoring Agreement).

Related to Internal Cover Pool Monitor

  • Fraud Monitoring System means an off-line administration system that monitors suspected occurrences of ABT- related fraud.

  • Continuous parameter monitoring system or "CPMS" means all of the equipment necessary to meet the data acquisition and availability requirements of this chapter, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, oxygen or carbon dioxide concentrations), and to record average operational parameter value on a continuous basis.