Corporate Bonds. The purchase of corporate bonds may include bonds, notes, debentures and other evidences of indebtedness issued, assumed or guaranteed by a corporation incorporated under the laws of the United States of America, or of any state, district or territorial possession thereof; or of the Dominion of Canada or any province thereof, provided that the bonds are rated class 1 or 2 by the Securities Valuation Office of the National Association of Insurance Commissioners.
Corporate Bonds. Corporate bonds are issued by compa- xxxx and are used to finance capital improvements, operat- ing expenses, growth and development, etc. Interest on corporate bonds is fully taxable, and they have higher yields and more risk than government bonds. There is usually a high minimum investment required to purchase bonds of individual companies.
Corporate Bonds. The purchases of corporate bonds will include bonds, notes. debentures and other evidences of indebtedness issued, assumed or guaranteed by a corporation incorporated under the laws of the United States of America, of any state, district or territorial possession thereof or of the Dominion of Canada or any province thereof; provided that the bonds are rated class 1 or 2 by the Securities Valuation Office (“SVO") of the National Association of Insurance Commissioners (“NAIC”).
Corporate Bonds. There has been no relevant transaction to which section 117(8) of TCGA can apply to a corporate bond held by the Company.
Corporate Bonds. (a) During the period starting on the date hereof and ending on May 3, 2019, Sellers shall use commercially reasonable efforts to obtain such Consents required to release the Total Shares from the Encumbrance created pursuant to the Collateral Trust Agreement. During the same period, Buyer shall reasonably cooperate with Sellers with respect to the foregoing. Notwithstanding the foregoing, no amendments of the terms of the Corporate Bonds or related documentation, other than the removal of the Encumbrance created pursuant to the Collateral Trust Agreement, shall be made without the consent of Buyer (such consent to be provided by Buyer in its sole discretion).
Corporate Bonds. Non-convertible corporate bonds (excluding corporate bonds issued by a Pledgor) which are publicly traded on a nationally recognised exchange, eligible to be settled by the Depository Trust Company and rated at least AA- (or AA- equivalent) from S&P ("Collateral Type 5") (subject to these bonds not exceeding 25% of the total collateral pool after haircuts and subject further to any bonds issued by a single issuer not exceeding 10% of the total collateral pool after haircuts) with maturities of: - weighted average life of less than 5 years 90.0% - weighted average life of greater than or equal to 5 years but less or equal to than 10 years 90.0% - weighted average life of greater than or equal to 11 years but less or equal to 20 years 85.0% 56 COMPLIANCE CERTIFICATE To: ING BANK N.V., LONDON BRANCH as Bank From: XL INSURANCE (BERMUDA) LTD Date: [●] 201[●] $150,000,000 Credit Facility Agreement dated [●] 2014 (the "Agreement")
Corporate Bonds. There has been no relevant transaction to which section 117(8) of the T.C.G.A. can apply to a corporate bond held by the Company.
Corporate Bonds. 1. Corporate issues of commercial paper must have minimum ratings of “A1” by Standard & Poors and “P1” by Xxxxx’x Investors Service.
Corporate Bonds. The percentage determined by reference to the type of corporate bond in accordance with the table set forth below. Type I Corporate Bonds with remaining maturities of: less than or equal to 2 years 1.16 greater than 2 years, but less than or equal to 4 years 1.26 greater than 4 years, but less than or equal to 7 years 1.40 greater than 7 years, but less than or equal to 12 years 1.44 greater than 12 years, but less than or equal to 25 years 1.48 greater than 25 years, but less than or equal to 30 years 1.52 Type II Corporate Bonds with remaining maturities of: less than or equal to 2 years 1.25 greater than 2 years, but less than or equal to 4 years 1.26 greater than 4 years, but less than or equal to 7 years 1.43 greater than 7 years, but less than or equal to 12 years 1.44 greater than 12 years, but less than or equal to 25 years 1.51 greater than 25 years, but less than or equal to 30 years 1.56 Type III Corporate Bonds with remaining maturities of: less than or equal to 2 years 1.25 greater than 2 years, but less than or equal to 4 years 1.29 greater than 4 years, but less than or equal to 7 years 1.46 greater than 7 years, but less than or equal to 12 years 1.50 greater than 12 years, but less than or equal to 25 years 1.55 greater than 25 years, but less than or equal to 30 years 1.60
Corporate Bonds. The percentage determined by reference to the type and remaining term to maturity of each corporate bond in accordance with the table set forth below.
