Examples of Representative of the Bondholders in a sentence
However, failure by the Guarantor to pay amounts due under the Guarantee would constitute a Guarantor Event of Default which would entitle the Representative of the Bondholders to accelerate the obligations of the Issuer under the Covered Bonds (if they have not already become due and payable) and the obligations of the Guarantor under the Guarantee.
In a master definitions agreement between, inter alios, the Issuer, the Guarantor, the Representative of the Bondholders and the Other Guarantor Creditors (as defined below), the definitions of certain terms used in the Transaction Documents have been agreed (the Master Definitions Agreement).
In addition, an Issuer Event of Default will not automatically give rise to a Guarantor Event of Default, provided however that, where a Guarantor Event of Default occurs and the Representative of the Bondholders serves a Guarantor Default Notice upon the Guarantor, such Guarantor Default Notice will accelerate each Series or Tranche of outstanding Covered Bonds issued under the Programme.
Any Resolution passed at a meeting of the Covered Bondholders of a Series shall bind all other holders of that Series, irrespective of whether they attended the meeting and whether they voted in favour of the relevant Resolution.It should also be noted that after the delivery of a Notice to Pay, the protection and exercise of the Covered Bondholders’ rights against the Issuer will be exercised by the Covered Bond Guarantor (or the Representative of the Bondholders on its behalf).
The Guarantor has no obligation to pay the Guaranteed Amounts payable under the Guarantee until the occurrence of an Issuer Event of Default, service by the Representative of the Bondholders on the Issuer and on the Guarantor of an Issuer Default Notice or, if earlier, following the occurrence of a Guarantor Event of Default and service by the Representative of the Bondholders of a Guarantor Default Notice.
Obligations under the Covered Bonds The Covered Bonds will not represent an obligation or be the responsibility of any of the Arrangers, the Dealers, the Representative of the Bondholders or any other party to the Programme, their officers, members, directors, employees, security holders or incorporators, other than the Issuer and, after the service by the Representative of the Bondholders of an Issuer Default Notice or, if earlier, a Guarantor Default Notice, the Guarantor.
Copies of the Transaction Documents are available for inspection by Bondholders during normal business hours at the registered office of the Representative of the Bondholders from time to time and, where applicable, at the Specified Office(s) of the Paying Agents.
Back-Up Servicer means any entity which may be appointed as Back-up Servicer by the Guarantor, together with the Representative of the Bondholders, pursuant to clause 7 of the Servicing Agreement and Clause 5.3 of the Intercreditor Agreement.
During normal business hours Bondholders can inspect copies of the Transaction Documents at the registered office of the Representative of the Bondholders and, where applicable, at the Specified Office(s) of the Paying Agents.
Each Tranche shall be issued and subscribed for on the basis of, and in reliance upon, the representations, warranties, undertakings and indemnities made or given or to be made or given pursuant to the terms of a programme agreement (the Programme Agreement) entered into between the Issuer, the Guarantor, the Representative of the Bondholders and the Dealer(s).