Current Bond Price Clause Samples
Current Bond Price. Par Value of that Bond Current Bond Price equals the price of a bond:
(a) issued with a maturity of 5 years;
(b) bearing interest at the weighted average of the declared interest rates in effect as of the termination date; and
(c) calculated to yield the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Baa Intermediate Industrial Average for the week in which the notice of termination or withdrawal is received. If that Average ceases to be published, we will select a comparable survey.
