Pre-Acceleration Priorities of Payment. (1) Subject to Section 6.1(2), at any time no Asset Coverage Test Breach Notice is outstanding and no Covered Bond Guarantee Activation Event has occurred:
Appears in 10 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (RBC Covered Bond Guarantor Limited Partnership), Limited Partnership Agreement
Pre-Acceleration Priorities of Payment. (1) Subject to Section 6.1(2), at any time during which no Asset Coverage Test Breach Notice is outstanding and no Covered Bond Guarantee Activation Event has occurred:
Appears in 3 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (BMO Covered Bond Guarantor Limited Partnership), Limited Partnership Agreement (Bank of Nova Scotia /)
Pre-Acceleration Priorities of Payment. (1a) Subject to Section 6.1(26.1(b), at any time no Asset Coverage Test Breach Notice is outstanding and no Covered Bond Guarantee Activation Event has occurred:
Appears in 1 contract
Samples: Limited Partnership Agreement