N Covered Bondholder definition
Examples of N Covered Bondholder in a sentence
A Talon so surrendered shall be cancelled by the relevant Paying Agent who (except where the Paying Agent is the Principal Paying Agent) shall inform the Principal Paying Agent of its serial number (except in the case of N Covered Bonds where identification shall be by way of the name of the relevant N Covered Bondholder).
A Talon so surrendered shall be cancelled by the relevant Paying Agent who (except where the Paying Agent is the Principal Paying Agent) shall inform the Principal Paying Agent of its serial number (except in the case of an N Covered Bond where identification shall be by way of the name of the relevant N Covered Bondholder).
The redemption notice shall specify the date fixed for redemption, the redemption amount, the manner in which redemption will be effected and, in the case of a partial redemption of Definitive Covered Bonds, the serial numbers of the Covered Bonds (except in the case of an N Covered Bond where it shall specify the name of the relevant N Covered Bondholder) to be redeemed.
Paying Agent shall destroy all cancelled Covered Bonds, Receipts, Coupons and Talons and, immediately following their destruction, send to the Issuer upon written request a certificate stating the serial numbers of the Covered Bonds (in the case of Definitive Covered Bonds) (except in the case of N Covered Bonds where identification shall be by way of the name of the relevant N Covered Bondholder) and the number by maturity date of Receipts, Coupons and Talons destroyed.
The courts of England and Wales shall have the exclusive jurisdiction for any dispute arising out of or in connection with this N Covered Bond and the Issuer and the N Covered Bondholder waives any right to invoke, and undertake not to invoke, any claim of forum non conveniens and irrevocably submit to the jurisdiction of the courts of England and Wales in respect of any action or proceeding relating in any way this N Covered Bond.
This N Covered Bond is represented by a certificate (the Certificate) which bears the manual or scanned signature of one duly authorised signatory of the Issuer and is manually authenticated by or on behalf of the Registrar and which is registered in the name of the Initial N Covered Bondholder (as defined in the Certificate).
If sent by post, notices will be deemed to have been given on the fourth Business Day after the mailing by the German Paying Agent to the N Covered Bondholder.
Subject to the foregoing, the claims and rights under the N Covered Bond and title to the certificate will pass upon the entry of the new N Covered Bondholder in the Register.
The Issuer and the Group Guarantor shall only be entitled to set off against claims of any N Covered Bondholder under the N Covered Bond if the Issuer’s and the Group Guarantor's claims are unchallenged or have been recognized by judgement.
Notices to the N Covered Bondholder may be given by the Issuer to the German Paying Agent and Registrar for submission to the N Covered Bondholder appearing in the Register by post, fax, email or an equivalent way of electronic communication.