Examples of Cover Pool Monitor in a sentence
These confirmations and undertakings include the confirmation of the appointment of the Cover Pool Monitor and the Moody's Committed OC Undertaking (see General Description of the Programme – Moody's Committed OC Undertaking).
The tasks and duties of the Cover Pool Monitor are further described in the Belgian Covered Bonds Legislation.
Furthermore, the Issuer has appointed a Cover Pool Monitor in accordance with the Belgian Covered Bonds Legislation.
The Cover Pool Monitor must at least once a month verify whether the Statutory Tests and the requirements in relation to the Register of Cover Assets are met.
The funds available in the Reserve Account and the Total Target Reserve Amount shall be monitored by the Cover Pool Monitor on a monthly basis.