Cover Pool Management Agreement definition

Cover Pool Management Agreement means the cover pool management agreement entered into, on or about the date hereof between, inter alios, the Issuer, the Guarantor, the Sellers, the Calculation Agent, the Asset Monitor and the Representative of the Covered Bondholders;

Cover Pool Management Agreement means the cover pool management agreement dated 30 July 2008 between the Issuer, the Guarantor, the Sellers, the Representative of the Covered Bondholders, the Calculation Agent and the Asset Monitor;

Cover Pool Management Agreement means the cover pool management agreement entered into on 2 April 2012 between, inter alios, the Issuer, the Guarantor, the Sellers, the Calculation Agent, the Asset Monitor and the Representative of the Covered Bondholders, as amended and supplemented from time to time;

Examples of Cover Pool Management Agreement in a sentence

• Under the Cover Pool Management Agreement, the Guarantor must ensure that, on each Calculation Date following service of an Issuer Default Notice on the Issuer and the Guarantor but prior to a Guarantor Event of Default and service of a Guarantor Default Notice, the Amortisation Test Aggregate Loan Amount will be in an amount at least equal to the aggregate principal amount of the Covered Bonds as calculated on the relevant Calculation Date.

• ACT or Asset Coverage Test means the tests which will be carried out pursuant to the terms of the Cover Pool Management Agreement in order to ensure that, on the relevant Calculation Date, the Adjusted Aggregate Loan Amount is at least equal to the aggregate Principal Amount Outstanding of the Covered Bonds.

• Adjusted Aggregate Loan Amount means the amount calculated pursuant to the formula set out in clause 3.2 of the Cover Pool Management Agreement.

• The Adjusted Aggregate Loan Amount is the amount calculated pursuant to the formula set out in the Cover Pool Management Agreement.

• For further details, see section "Description of the Programme Documents - Cover Pool Management Agreement".

• Amortisation Test Aggregate Loan Amount means the amount calculated pursuant to the formula set out in the Cover Pool Management Agreement.

• Arranger means Barclays Bank Ireland PLC and any other entity appointed as an arranger for the Programme.ACT or Asset Coverage Test means the tests which will be carried out pursuant to the terms of the Cover Pool Management Agreement in order to ensure that, on the relevant Calculation Date, the Adjusted Aggregate Loan Amount is at least equal to the aggregate Principal Amount Outstanding of the Covered Bonds.Affected Party has the meaning ascribed to that term in the Swap Agreements.

• If, within the Test Grace Period the relevant breach of the Tests is not remedied in accordance with the terms of the Cover Pool Management Agreement, the Representative of the Bondholders will deliver a Breach of Test Notice.

• Consequently, the Master Loans Purchase Agreements, the Warranty and Indemnity Agreements, the Master Servicing Agreement, the Intercreditor Agreement, the Cash Allocation, Management and Payments Agreement, the Cover Pool Management Agreement, the English Account Bank Agreement, the Conditions and the Master Definitions Agreement have been amended in accordance with the Master Amendment Agreement.

• Disposal of assets included in the Cover Pool SALE AND DISTRIBUTION After the service of an Issuer Default Notice on the Issuer and the Guarantor, the Guarantor will be obliged to sell Eligible Assets in the Cover Pool in accordance with the Cover Pool Management Agreement, subject to pre-emption and other rights of the Sellers in respect of the Eligible Assets pursuant to the relevant Master Loans Purchase Agreement.

More Definitions of Cover Pool Management Agreement

Cover Pool Management Agreement means the agreement entered into on or about the First Issue Date between the Issuer, the Guarantor, the Representative of the Bondholders and the Test Calculation Agent (as from time to time modified in accordance with the provisions therein contained and including any agreement or other document expressed to be supplemental thereof), as better described in the Section headed "Description of the Programme Documents – Cover Pool Management Agreement" of the Prospectus.

Cover Pool Management Agreement means the cover pool management agreement to be entered into between the Issuer, the Guarantor, the Seller, the Representative of the Covered Bondholders, the Test Calculation Agent, the Guarantor Calculation Agent, and the Asset Monitor.

Cover Pool Management Agreement means the agreement entered into on 11 July 2008 between the Issuer, the Guarantor, the Calculation Agent and the Representative of the Bondholders.

Cover Pool Management Agreement means the Cover Pool management agreement entered on 18 June 2010 between, inter alios, the Issuer, the Guarantor, the Principal Seller, the Pre-Issuer Default Test Calculation Agent, the Post-Issuer Default Test Calculation Agent, the Guarantor Calculation Agent and the Representative of the Bondholders.

Cover Pool Management Agreement means the Cover Pool management agreement entered into on or about 25 July 2012 between, inter alios, the Issuer, the Guarantor, the Main Seller, the Test Calculation Agent, the Guarantor Calculation Agent and the Representative of the Bondholders.

Cover Pool Management Agreement means the Cover Pool management agreement entered into on 23 May 2012 between, inter alios, the Issuer, the Guarantor, the Main Seller, the Test Calculation Agent, the Guarantor Calculation Agent and the Representative of the Bondholders, as from time to time modified in accordance with the provisions therein contained and including any agreement or other document expressed to be supplemental thereto.