Cover Pool Administrator definition

Cover Pool Administrator means a cover pool administrator (portefeuillebeheerder/gestionnaire de portefeuille) appointed to manage the Special Estate in any of the circumstances as described in Article 8 of Annex III to the Banking Law.
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Cover Pool Administrator means a cover pool administrator (portefeuillebeheerder/gestionnaire de portefeuille) appointed to manage the Special Estate in any of the circumstances as described in Article 64/13 of the Credit Institutions Supervision Law.
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Examples of Cover Pool Administrator in a sentence

  • A number of further conditions apply as specified in the Cover Pool Administrator Royal Decree.

  • The Cover Pool Administrator Royal Decree specifies that the Cover Pool Administrator will be required to consult with the representative in circumstances where, following an insolvency of the issuing credit institution, it deems it necessary to liquidate the special estate and redeem the covered bonds because it is of the view that the cover assets are no longer sufficient to cover the obligations under the covered bonds.

  • The Cover Pool Administrator is legally entrusted with all necessary and relevant powers to manage the Special Estate.

  • The Cover Pool Administrator manages the Special Estate with a view to ensure further compliance with the terms and conditions applicable to the relevant Belgian Covered Bonds.

  • To this end, the Cover Pool Administrator is granted all necessary and useful powers to manage the Special Estate, including the power to dispose of Cover Assets.

  • The start of liquidation procedures against the issuing credit institution or the revocation of its license as a credit institution does not prevent the issuing credit institution to further perform activities that are necessary or useful to assist the Cover Pool Administrator with its management in order to safeguard the interest of the Holders of Belgian Covered Bonds in respect of the Special Estate.

  • The bankruptcy trustee or liquidator will have to account for such amounts and remit them to the Cover Pool Administrator (Article 5 of Annex III to the Banking Law).

  • Moreover, following the opening of bankruptcy proceedings against the Issuer, the Cover Pool Administrator may in certain circumstances proceed with the liquidation of the Special Estate and early redemption of the Covered Bonds (see Summary of the Belgian Covered Bonds Legislation).

  • See also Summary of the Belgian Covered Bonds Legislation (10.2 Cover Pool Administrator).

  • Upon designation, the Cover Pool Administrator will manage the Special Estate to the exclusion of the Issuer.

Related to Cover Pool Administrator

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Special administrator means a personal representative as described in Sections 75-3-614 through 75-3-618.

  • Collateral Administrator has the meaning set forth in the introductory section of this Agreement.

  • Portfolio Administrator means any entity and any successor or replacement thereto, as specified in the Final Terms for each Series of ETP Securities, appointed as Portfolio Administrator in accordance with the terms of the relevant Portfolio Administration Agreement.

  • Regional Administrator means the Regional Administrator of Region 10 of the EPA, or the authorized representative of the Regional Administrator.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • XXXXX Administrator means the Bank of England (or any successor administrator of the Sterling Overnight Index Average).

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Chief School Administrator means the Superintendent of Schools or the Administrative Principal if there is no Superintendent.

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

  • IPN Portal Administrator means the USAID official designated by the M/OAA Director, who has overall responsibility for managing the USAID Implementing Partner Notices Portal for Acquisition.

  • Corporate Administrator means, with respect to the Issuer, Deutsche International Corporate Services Limited whose registered office is at St. Paul's Gate, New Street, St. Helier, Jersey, JE4 8ZB, Channel Islands and any successor or replacement thereto.

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • Administrator means the Board or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan.

  • Chief administrator means the Chief Administrator of the New

  • Scheme Administrator means the person or company appointed under an instrument by the founder to manage the administrative affairs of the scheme.

  • Exchange Administrator means the entity selected by Freddie Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Records administrator means the director, county clerk, municipal secretary, superintendent, or other person responsible for maintaining the records of the local governmental entity.

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • Beginning administrator means a building level or district level leader who has not completed three (3) years of experience as a building level or district level administrator.

  • Zoning Administrator means the administrator of these rules who is appointed by the natural resources commission.

  • Tax Administrator means the individual charged with direct responsibility for administration of an income tax levied by a municipal corporation in accordance with this chapter, and also includes the following:

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).