Sinking Fund definition

Sinking Fund means each Sinking Fund Subaccount under the Indenture. To the extent necessary for compliance with the Authority’s tax covenants and other provisions of the Indenture and the Act, the Authorized Officers of the Authority may subdivide each such subaccount in respect of separate categories or issues of Sinking Fund Bonds.
Sinking Fund means a fund for the payment of principal only of a mandatory redemption security.
Sinking Fund means the fund comprising of the amounts to be paid/deposited and/or contributed by each Unit, including the Purchaser/s herein, towards sinking fund which shall be held by the Maintenance Agency on account of maintenance expenses.

Examples of Sinking Fund in a sentence

  • Title, Purchase Price and Description of the 2034 Notes: Title: 5.300% Notes Due 2034 Principal amount: $400,000,000 Public offering price: 99.771% of the principal amount Underwriting Discount: 0.650% Underwriters’ aggregate purchase price (including accrued interest or amortization, if any): 99.121% ($396,484,000) Sinking fund provisions: None.

  • Title, Purchase Price and Description of the 2054 Notes: Title: 5.650% Notes Due 2054 Principal amount: $400,000,000 Public offering price: 99.972% of the principal amount Underwriting Discount: 0.875% Underwriters’ aggregate purchase price (including accrued interest or amortization, if any): 99.097% ($396,388,000) Sinking fund provisions: None.


More Definitions of Sinking Fund

Sinking Fund means the Bond Fund.
Sinking Fund means, with respect to any Sinking Fund Securities, a sinking fund provided for in Article Twelve.
Sinking Fund means principal debt payments made dur- ing a company’s fiscal year.
Sinking Fund means the fund established by a body corporate under section 38(4).
Sinking Fund means the Sinking Fund established under Section 3.08 hereof, which Sinking Fund may be maintained by the Trustee as part of the Bond Fund.
Sinking Fund means a fund held for the retirement of term bonds.
Sinking Fund means a separate account made up of segregated contributions by the Government to accumulate funds for the redemption of public debt;