German Law Covered Bonds definition

German Law Covered Bonds means covered bonds which are governed by German law the terms and conditions of which are contained in the Agency Agreement.

Examples of German Law Covered Bonds in a sentence

  • Unless otherwise specified, the expression "Covered Bonds" shall include the French law Covered Bonds and the German law Covered Bonds to the extent permitted by the terms and conditions applicable to the French law Covered Bonds and the German law Covered Bonds, as applicable.

  • The German law Covered Bonds will not be admitted to trading.Rating: Covered Bonds issued under the Programme are expected on issue to be rated AAA by Standard & Poor's Ratings Services.

  • German law Covered Bonds (a) are subject to the particular limited recourse provisions specified in the terms and Conditions of the German law Covered Bonds included in the Agency Agreement and (b) are not subject to non-petition provisions.

  • German law Covered Bonds will not be admitted to trading on any stock exchange or any other market and a secondary market will probably not develop through other means.

  • Covered Bonds issued under the Programme will either be fungible with an existing Series (other than the German law Covered Bonds which will be issued in materialised registered form) or have different terms to an existing Series (in which case they will constitute a new Series).

Related to German Law Covered Bonds

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • Rule 144A Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold in the United States to QIBs in reliance on Rule 144A;

  • Covered Bondholders means the holders from time to time of Covered Bonds, title to which is evidenced in the manner described in Condition 3 (Form, Denomination and Title).

  • Bond Law means Article 4.5 of Chapter 3 of Part 1 of Division 2 of Title 5 of the Government Code of the State of California, commencing with Section 53506 of said Code, as in effect on the date of adoption hereof and as amended hereafter.

  • 1940 Act Asset Coverage means “asset coverage,” as defined for purposes of Section 18(h) of the 1940 Act, of at least 200% with respect to all outstanding senior securities of the Fund which are shares of stock for purposes of the 1940 Act, including all outstanding MuniFund Term Preferred Shares (or such other asset coverage as may in the future be specified in or under the 1940 Act or by rule, regulation or order of United States Securities and Exchange Commission as the minimum asset coverage for senior securities which are shares of stock of a closed-end investment company).

  • ICSID Additional Facility Rules means the Rules Governing the Additional Facility for the Administration of Proceedings by the Secretariat of the International Centre for Settlement of Investment Disputes;

  • Trade Letters of Credit shall have the meaning assigned to such term in Section 2.05(a).

  • Debt bondage means the status or condition of a debtor arising from a pledge by the debtor of his or her personal services or of those of a person under his or her control as a security for debt, if the value of those services as reasonably assessed is not applied

  • Mandatory Policies means the following of our business policies and codes:

  • foreign ship means a ship which—

  • Depositary Procedures means, with respect to any conversion, transfer, exchange or transaction involving a Global Note or any beneficial interest therein, the rules and procedures of the Depositary applicable to such conversion, transfer, exchange or transaction.