Prudential Rules definition
Examples of Prudential Rules in a sentence
The CBC (or the Administrator on its behalf) shall conduct the test set out in article 40g of the Wft Prudential Rules Decree (Besluit prudentiële regels Wft) (the "Liquidity Reserve Test") for so long as the Covered Bonds remain outstanding, i.e. whether K + L + M ≥ N, all in accordance with Schedule 4 hereto.
As Asset Monitor, we will establish that the liquidity test as per the Calculation Date as set out in article 40(g) of the Wft Prudential Rules Decree (Besluit prudentiële regels Wft) (the Liquidity Reserve Test) has been calculated in accordance with this article by recalculating whether K + L + M ≥ N.
Enter into Subloan Agreements with each Eligible SCA for the purpose of making available part of the proceeds allocated from time to time to Category (3) of the table set forth in Section 1 of Schedule 1 to this Agreement on such terms and conditions as shall be consistent with the RFC Prudential Rules and the Operations Manual.
As Asset Monitor, we will establish whether at 31 October 2023 a liquidity buffer (Mandatory Liquidity Required Amount) is maintained to cover the net liquidity outflow of the Programme for the following 180-day period as required by Article 40k of the Wft Prudential Rules Decree (Besluit prudentiële regels Wft) effective as of 8 July 2022 as part of the CB Legislation.
RFF shall carry out its operations in accordance with RFF Prudential Rules and under the procedures set out in RFF Operations Manual and in RFF Finance and Administration Manual both of which shall be at all times satisfactory to the Association.