Securitisation Act 2004 definition

Securitisation Act 2004 means the Luxembourg act dated 22 March 2004 on securitisation, as amended.
Sample 1Sample 2Sample 3
Securitisation Act 2004 means the Luxembourg act of 22 March 2004 on securitization, as amended.
Sample 1Sample 2Sample 3
Securitisation Act 2004 means the Grand Duchy of Luxembourg act dated 22 March 2004 on securitisation, as amended;
Sample 1Sample 2

Examples of Securitisation Act 2004 in a sentence

  • Under the Securitisation Act 2004, the Issuer as a regulated entity within the meaning of articles 19 et seq.

  • Securitisation Act 2004 means the law of 22 March 2004 on securitisation of Luxembourg.

  • The update addresses the consequences of the implementation of the AIFMD into Luxembourg law on securitisation vehicles governed by the Securitisation Act 2004.

  • Hence, certain transactions may qualify as securitisation transactions under the Securitisation Act 2004 but not under the ECB Regulation.

  • The Company's sole business is the raising of money by issuing Notes or entering into certain other obligations within the limits of the Securitisation Act 2004 (in respect of each Series, the "Issuer"), in each case for the purposes of purchasing assets and/or entering into related derivatives and other contracts.

  • Further, under the Securitisation Act 2004, the net proceeds of the Mortgaged Property for each Series are available only for distribution to the specified Noteholders and other creditors relating to such Series.

  • The Company is established as a société anonyme (public limited liability company) within the meaning of the Securitisation Act 2004.

  • Noteholders may be exposed to competing claims of other creditors of the Company if foreign courts which have jurisdiction over assets of the Company allocated to a Compartment do not recognise the segregation of assets and the compartmentalisation, as provided for in the Securitisation Act 2004.

  • The Collateral and any related cash in respect of such security arrangements will be held on a pooled basis in respect of the Series and not allocated to specified accounts.The Securitisation Act 2004 provides that the net proceeds of the Mortgaged Property for each Series of Notes are available to meet only the claims of Secured Parties (including the Noteholders) for that Series.

  • The Company has been established solely for the purpose of entering into, performing and serving as a vehicle for any securitisation transactions as permitted under the Securitisation Act 2004.

Related to Securitisation Act 2004

  • securitisation position means an exposure to a securitisation;

  • Companies Act means the Companies Act, 2008 (Act No. 71 of 2008);

  • Bribery Act means the Bribery Act 2010 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning this legislation;

  • Corporations Act means the Corporations Act 2001 (Cth).

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • FSMA means the Financial Services and Markets Act 2000;