Examples of Bond Guarantors in a sentence
The transfer of the legal title to the Mortgages over registered land would require the execution of an A&I Form or submission by way of e-dealing to record the Covered Bond Guarantor's legal interest in the Mortgage at LINZ.
Additionally, for the purpose of protecting the Covered Bond Guarantor's interests and security interests in the Mortgage Loan Rights, the Trust Manager has agreed to do all things reasonably necessary to permit any security interest held by the Covered Bond Guarantor in relation to the Mortgage Loan Rights to be perfected by registration on the PPSA register.
Any deterioration in the quality of the Mortgage Loan Portfolio could have an adverse effect on the Covered Bond Guarantor's ability to make payment under the Covered Bond Guarantee.
The Covered Bond Guarantor's personal assets or any other assets held by it as trustee of another trust will not be available to make such payments unless, in the case of personal assets, there is a reduction in the extent of the Covered Bond Guarantor's indemnification out of the Assets of the Trust as a result of the Covered Bond Guarantor's fraud, negligence or wilful default.
Any deterioration in the quality of the Mortgage Loan Portfolio could have an adverse effect on the Covered Bond Guarantor's ability to make payments under the Covered Bond Guarantee.
This may adversely affect the Covered Bond Guarantor's ability to make payments in relation to the Covered Bond Guarantee when due.
Notice of Bond Guarantor's transfer instructions At least one Business Day before the date on which the Bond Guarantor is obliged to make a payment under the BAA Bond Guarantee, the Bond Guarantor shall notify the Bond Trustee, the Issuer Cash Manager, the Principal Paying Agent, in the case of Bearer Bonds, and the Registrar, in the case of Registered Bonds, of its irrevocable instructions to its bank to transfer such amount in accordance with the relevant BAA Bond Notice of Demand.
The Relevant Issuer and the Covered Bond Guarantor will each be liable solely in their corporate capacity (and in the Covered Bond Guarantor's case, solely in its capacity as trustee of the Trust) for their obligations in respect of the Covered Bonds and such obligations will not be the obligations of their respective officers, members, directors, employees, security holders or incorporators.
Any deterioration in the quality of the Housing Loan Portfolio could have an adverse effect on the Covered Bond Guarantor's ability to make payment under the Covered Bond Guarantee.
Since the economic value of the Housing Loan Portfolio may increase or decrease, the value of the Covered Bond Guarantor's assets may decrease (for example, if there is a general decline in property values).