Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.
Covered Bonds means any mortgage-backed bonds and/or covered bonds or notes issued by the Issuer, the obligations of which benefit from a special creditor privilege (privilégio creditório especial) as a result of them being collateralised by a defined pool of assets comprised of mortgage loans or other loans permitted by applicable Portuguese legislation to be included in the pool of assets and where the requirements for that collateralisation are regulated by applicable Portuguese legislation.
Covered Bonds means any mortgage-backed bonds and/or covered bonds or notes (Obrigações Hipotecárias) issued pursuant to Decree Law No. 59/2006 of 20 March by any of the Issuers or any subsidiary thereof, the obligations of which benefit from a special creditor privilege (“privilégio creditório especial”) as a result of them being collateralised by a defined pool of assets comprised of mortgage loans or other eligible assets permitted by applicable Portuguese legislation to be included in the pool of assets and where the requirements for that collateralisation are regulated by applicable Portuguese legislation.
Examples of Covered Bonds in a sentence
Pre Maturity Minimum Ratings P-1 A(low)(1) N/A Following a breach of the Pre-Maturity Test in respect of a Series of Hard Bullet Covered Bonds, and unless the Pre-Maturity Ledger is otherwise funded from other sources, the Partnership shall offer to sell Randomly Selected Loans if the Final Maturity Date is within twelve months from the Pre-Maturity Test Date.
The Cash Manager will ensure that all credits and debits of funds in respect of any Series of Hard Bullet Covered Bonds are recorded in the Pre-Maturity Liquidity Ledger at the appropriate time.
More Definitions of Covered Bonds
Covered Bonds means bonds, notes or other securities (however defined) designated by the Issuer as covered bonds and secured on a segregated pool of assets.
Covered Bonds means the Bearer Covered Bonds and the Registered Covered Bonds of any Series issued pursuant to the Trust Deed which shall be (or in the case of Registered Covered Bonds, whose Registered Covered Bonds Deed shall be) substantially in the relevant form set out in the relevant Schedule to the Trust Deed or, as the case may be, a specific number thereof and includes any replacement covered bonds of such Series issued pursuant to Condition 11 and each Global Covered Bond in respect of such Series for so long as it has not been exchanged in accordance with the terms thereof.
Covered Bonds means bank bonds for which repayment of principal and interest is guaranteed by a portion of the bank's economic assets (specifically land and mortgage credits, amounts due from, or guaranteed by, public authorities and securities issued in the framework of securitisation operations covering credits of the same kind), the cashflows of which are allocated purely to servicing the bond; including, without limitation, Pfandbrief, Cedulas and Foncières.
Covered Bonds means the International Covered Bonds and New York Law Covered Bonds. "EEA" means the European Economic Area.
Covered Bonds has the meaning specified in recital (A) hereof;
Covered Bonds means each covered bond issued or to be issued pursuant to this Agreement;
Covered Bonds means any bonds, notes or other debentures issued by a bank or an SPV where payment of the liabilities to the holders of such covered bonds and any liabilities arising from the enforcement of the rights of the holders of the covered bonds are: