Examples of Covered Bondholders in a sentence
Payment of Guaranteed Amounts in respect of the Covered Bonds when the same shall become Due for Payment has been unconditionally and irrevocably guaranteed by the Guarantor (the “Covered Bond Guarantee”) in favour of the Bond Trustee (for and on behalf of the Covered Bondholders) following a Covered Bond Guarantee Activation Event pursuant to the terms of the Trust Deed.
Any such amendment or alternative arrangements will be promptly notified by the Principal Paying Agent or the Issuer to the Trustee and each stock exchange or other relevant authority on which the relevant Floating Rate Covered Bonds are for the time being listed, quoted and/or traded or by which they have been admitted to listing or trading and to Covered Bondholders in accordance with Condition 15 (Notices).
There are a number of aspects of Cypriot law which are referred to in this Offering Circular with which potential Covered Bondholders are likely to be unfamiliar.
Early Redemption Amount(s) per Calculation Amount payable on redemption for taxation reasons or on event of default: notice requirements which may apply, for example, as between the Issuer and the Fiscal Agent or the Covered Bondholders)[ ] per Calculation Amount (N.B. If the Final Redemption Amount is other than 100 per cent.
No exchange of the relevant global Covered Bond will be permitted during the period from (and including) the Selection Date to (and including) the date fixed for redemption pursuant to this paragraph (c) and notice to that effect shall be given by the Issuer to the Covered Bondholders in accordance with Condition 13 (Notices) at least five days prior to the Selection Date.