Regulation S Global Covered Bond definition

Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

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Regulation S Global Covered Bond means a registered covered bond in registered form representing Covered Bonds sold to non-U.S. persons outside the United States in reliance on Regulation S.

Regulation S Global Covered Bond means a Registered Global Covered Bond in or substantially in the form set out in Part 3 of Schedule 6 of this agreement together with the copy of the applicable Final Terms attached to it with such modifications (if any) as may be agreed between the Issuer, the Fiscal Agent and the relevant Dealer, comprising some or all of the Registered Covered Bonds of the same Series issued by the Issuer outside the United States in reliance on Regulation S under the Programme Agreement or any other agreement between the Issuer and the relevant Dealer; S&P means S&P Global Ratings Europe Limited; Sanctions means all economic sanctions laws, rules, regulations, executive orders and requirements administered by any governmental authority of the United States (including OFAC), the United Nations Security Council, the European Union, HM Treasury or any other applicable domestic or foreign authority with jurisdiction over the Issuer; Specified Time means, in the case of a determination of EURIBOR, 11am Brussels time; Stock Exchange means the Luxembourg Stock Exchange or any other stock exchange on which any Covered Bonds may from time to time be listed, and references in this Agreement to the relevant Stock Exchange shall, in relation to any Covered Bonds, be references to the stock exchange or stock exchanges on which the Covered Bonds are from time to time, or are intended to be, listed; Subsidiary means in relation to any person (the first person) at any particular time, any other person (the second person):

Examples of Regulation S Global Covered Bond in a sentence

• The Registrar shall notify the Issuer forthwith upon receipt of a request for the issue of Registered Definitive Covered Bonds in accordance with the provisions of a Regulation S Global Covered Bond or Rule 144A Global Covered Bond, as the case may be, or upon the exchange of Definitive Regulation S Covered Bonds for Definitive Rule 144A Covered Bonds and vice versa, and the aggregate nominal amount of the relevant Registered Covered Bond to be exchanged in connection therewith.

• The Transferor has requested an exchange or transfer of [such beneficial interest in]* the above Covered Bonds for [a beneficial interest in] [Regulation S Covered Bonds represented by a Regulation S Global Covered Bond]* [Rule 144A Covered Bonds represented by a Rule ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇]*] * [Registered Definitive Covered Bonds] *.

• The Registered Covered Bonds of each Tranche sold to QIBs will be represented by a global covered bond in registered form (a Rule 144A Global Covered Bond and, together with a Regulation S Global Covered Bond, the Registered Global Covered Bonds).

• In the case of a Regulation S Global Covered Bond registered in the name of a nominee of DTC, prior to the end of the distribution compliance period (as defined in Regulation S) applicable to the Covered Bonds represented by such Regulation S Global Covered Bond, interests in such Regulation S Global Covered Bond may only be held through the accounts of Euroclear and Clearstream, Luxembourg.

• The initial Principal Amount Outstanding of this Registered Regulation S Global Covered Bond is US$___________________________.

• The Registered Covered Bonds of each Tranche offered and sold in reliance on Regulation S, which will be sold to non-U.S. persons outside the United States, will initially be represented by a global covered bond in registered form (a Regulation S Global Covered Bond).

• Prior to expiry of the Distribution Compliance Period (as defined in Regulation S) applicable to each Tranche of Covered Bonds, beneficial interests in a Regulation S Global Covered Bond may not be offered or sold to, or for the account or benefit of, a U.S. person save as otherwise provided in Condition 2 and may not be held otherwise than through Euroclear or Clearstream, Luxembourg, and such Regulation S Global Covered Bond will bear a legend regarding such restrictions on transfer.

• The Transferor has requested an exchange or transfer of [such beneficial interest in]* the above Covered Bonds for [a beneficial interest in] [Regulation S Covered Bonds represented by a Regulation S Global Covered Bond]* [Rule 144A Covered Bonds represented by a Rule 144A Global Covered Bond]*] * [Registered Definitive Covered Bonds] *.

• The Registered Covered Bonds of each Tranche offered pursuant to this Prospectus and offered and sold in reliance on Regulation S will initially be represented by a global covered bond in registered form (a Regulation S Global Covered Bond).

• The Transferor has requested an exchange or transfer of [such beneficial interest in]∗ the above Covered Bonds for [a beneficial interest in] [Regulation S Covered Bonds represented by a Regulation S Global Covered Bond]* [Rule 144A Covered Bonds represented by a Rule 144A Global Covered Bond]* [Registered Definitive Covered Bonds]*.