Registered Global Covered Bond definition

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

Registered Global Covered Bond means a Regulation S Global Covered Bond or a Rule 144A Global Covered Bond;

Examples of Registered Global Covered Bond in a sentence

• Consequently, the ability to transfer Covered Bonds represented by a Registered Global Covered Bond to such persons may depend upon the ability to exchange such Covered Bonds for Covered Bonds in definitive form.

• Such interest will be payable in respect of each Interest Period (provided that, in the case of a Registered Global Covered Bond, interest will be paid to Clearstream, Luxembourg and/or Euroclear for distribution by them to Relevant Account Holders in accordance with their usual rules and operating procedures).

• Interest will be calculated on the Calculation Amount of the Fixed Rate Covered Bonds and will be paid to the Holders of the Covered Bonds (provided that, in the case of a Registered Global Covered Bond, interest will be paid to Euroclear and/or Clearstream, Luxembourg for distribution by them to Relevant Account Holders in accordance with their usual rules and operating procedures).