Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.
Extension Determination Date means, with respect to any Series of Covered Bonds, the date falling seven Business Days after (and including) the Maturity Date of such Series of Covered Bonds.
Extension Determination Date has the meaning given to it in Condition 6.01 (Redemption at Maturity);
Examples of Extension Determination Date in a sentence
The deferral will occur automatically if the Issuer fails to pay the Final Redemption Amount on the Maturity Date for such Series of Covered Bonds and if the Guarantor does not pay the final redemption amount in respect of the relevant Series of Covered Bonds (for example, because the Guarantor has insufficient funds) by the Extension Determination Date.
More Definitions of Extension Determination Date
Extension Determination Date means the date that is seven calendar days plus two Business Days from, and including, the Final Maturity Date. Party A Final Exchange Amount: In respect of each Final ExchangeDate, an amount in USD equal to the amount of the Series CBL11 Covered Bonds to be redeemed on such Final Exchange Date. Party B Final Exchange Amount: In respect of each Final ExchangeDate, the relevant Redemption Notice Amount for such Final Exchange Date.
Extension Determination Date means, in respect of a Series of Covered Bonds to which an Extended Due for Payment Date applies, the date falling two Business Days after the expiry of seven days starting on (and including) the Final Maturity Date of such Series of Covered Bonds.
Extension Determination Date means the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date.]
Extension Determination Date means, with respect to each Series or Tranche of Covered Bonds, the date falling 4 days after the Maturity Date of the relevant Series.
Extension Determination Date means the date falling seven Business Days after the expiry of the Maturity Date of the relevant Series or Tranche of Covered Bonds.
Extension Determination Date means, in respect of any Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Series of Covered Bonds; Extraordinary Resolution has the meaning given to it in paragraph 19 of Schedule 4 to the Trust Deed; Facility means the loan facility made available by the Issuer to the LLP under the Intercompany Loan Agreement in an aggregate amount equal to the Total Credit Commitment; FCA means the U.K. Financial Conduct Authority; Financial Services Act means Legislative Decree Xx. 00 xx 00xx Xxxxxxxx, 0000 xx xxx Xxxxxxxx xx Xxxxx; Final Maturity Date means the Interest Payment Date on which a Series of Covered Bonds will be redeemed at their Final Redemption Amount in accordance with (in the case of a Covered Bond which is not an N Covered Bond) the Programme Conditions and, in the case of an N Covered Bond, the N Covered Bond Conditions; Final Redemption Amount means, in respect of a Series of Covered Bonds which are not N Covered Bonds, the amount as specified in the applicable Final Terms Document and, in the case of an N Covered Bond, the N Covered Bond Conditions; Final Terms Document means (i) the final terms which, with respect to each Tranche or Series of Covered Bonds (which are not N Covered Bonds) to be admitted to the Official List and admitted to trading by the London Stock Exchange, will be delivered to the UK Listing Authority and the London Stock Exchange on or before the date of issue of the applicable Tranche of Covered Bonds and (ii) with respect to any N Covered Bond, the N Covered Bond Conditions applicable to the N Covered Bond and the relevant N Covered Bond Agreement (taken together); Financial Year means the 12 month period ending on the last day of the calendar year; First Assignment Date means the date on which the Initial Portfolio is sold to the LLP pursuant to the terms of the Mortgage Sale Agreement;
Extension Determination Date means the date falling seven Business Days after the expiry of the Maturity Date of the relevant Series or Tranche of Covered Bonds.Status of the Covered Bonds The Covered Bonds will constitute direct, unconditional,unsecured and unsubordinated obligations of the Issuer, guaranteed by the Guarantor with limited recourse to the Available Funds and will rank pari passu without any preference among themselves, except in respect of maturities ofeach Series, and (save for any applicable statutory provisions) at least equally with all other present and future unsecured, unsubordinated obligations of the Issuer having the same maturity of each Series of the Covered Bonds, from time to time outstanding.Negative pledge The Covered Bonds will not contain a negative pledge provision.Cross-default The Covered Bonds will not contain a cross-default provision. Accordingly, neither an event of default in respect of any other indebtedness of the Issuer (including, without limitation, in relation to other debt securities of the Issuer) nor an acceleration of such indebtedness will of itself give rise to an Issuer Event of Default.Recourse In accordance with Law 130 and the Decree of the Ministry of Economy and Finance No. 310 of 14 December 2006 (the “MEF Decree”) and with the terms and conditions of the relevant Transaction Documents (as defined below), the holders of the Covered Bonds (the “Covered Bondholders”) will benefit from full recourse on the Issuer and limited recourse on the Guarantor limited to the Available Funds. For a more detailed description, see the section headed “Credit Structure”, below.Provisions of Transaction Documents The Covered Bondholders are entitled to the benefit of, arebound by and are deemed to have notice of all provisions of the Transaction Documents applicable to them. In particular, each Covered Bondholder, by reason of holding Covered Bonds, recognises the Representative of the Covered Bondholders as its representative and accepts to be bound by the terms of each of the Transaction Documents signed by the Representative of the Covered Bondholders as if such Covered Bondholder was a signatory thereto.Conditions precedent to the issuance of a new Series or Tranche of Covered BondsThe Issuer will be entitled (but not obliged) at its option, on any date and without the consent of the holders of the Covered Bonds issued beforehand and of any other creditors of the Guarantor or of the Issuer, to issue further Series or Tranches of Covered B...