Bond Assets definition

Bond Assets means synthetic zero coupon bonds that will be redeemed at a par value of 100% of their nominal amount on the Final Valuation Date with a discount spread of Euribor minus 0.85%;
View Source
Bond Assets means all of the Borrower's right, title and interest in, to and under (i) the Project Bonds; (ii) all Bond Collateral and Bond Documents relating to the Project Bonds; (iii) all monies and other property of any kind that relate to any of the Project Bonds and that are at any time or times in the possession or under the control of Borrower, the Servicer or any bailee of the Servicer; (iv) all monies, including monies not yet received, that represent payments of principal and interest on the Project Bonds;
View Source
Bond Assets means the amount of assets invested in bonds as reported on the balance sheet of the insurer on the most recent annual statement for the twelve (12) month period ending on the thirty-first (31st) day of December next preceding.
View Source

Examples of Bond Assets in a sentence

  • Simultaneously, ACIT shall, on behalf of Diversified Bond, accept the Intermediate-Term Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Intermediate-Term Bond reflected in the calculation of Intermediate-Term Bond's net asset value (the "Intermediate-Term Bond Liabilities").

  • The date and time at which such actions are taken are referred to herein as the "Effective Time." To the extent any of the Intermediate-Term Bond Assets are, for any reason, not transferred at the Effective Time, ACMF shall cause such Intermediate-Term Bond Assets to be transferred in accordance with this Agreement at the earliest practicable date thereafter.

  • Simultaneously, ACIT shall, on behalf of Diversified Bond, accept the Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Bond reflected in the calculation of Bond's net asset value (the "Bond Liabilities").

  • Without limiting the generality of the foregoing, the Bond Assets shall include all property and assets of any nature whatsoever, including without limitation, all cash, cash equivalents, securities, other investments, claims and receivables (including dividend and interest receivables) owned by Bond, and any deferred or prepaid expenses shown as an asset on Bond's books at the Effective Time, and all good will, other intangible property and books and records belonging to Bond.

  • Simultaneously, ACIT shall, on behalf of Diversified Bond, accept the Premium Bond Assets and assume all liabilities, whether accrued, absolute, contingent or otherwise, of Premium Bond reflected in the calculation of Premium Bond's net asset value (the "Premium Bond Liabilities").

  • The Intermediate-Term Bond Assets shall be accompanied by all necessary state stock transfer stamps or cash for the appropriate purchase price therefor.

  • The Premium Bond Assets shall be accompanied by all necessary state stock transfer stamps or cash for the appropriate purchase price therefor.

  • The Bond Assets shall be accompanied by all necessary state stock transfer stamps or cash for the appropriate purchase price therefor.

  • The date and time at which such actions are taken are referred to herein as the "Effective Time." To the extent any of the Premium Bond Assets are, for any reason, not transferred at the Effective Time, ACPR shall cause such Premium Bond Assets to be transferred in accordance with this Agreement at the earliest practicable date thereafter.

  • The date and time at which such actions are taken are referred to herein as the "Effective Time." To the extent any of the Bond Assets are, for any reason, not transferred at the Effective Time, ACMF shall cause such Bond Assets to be transferred in accordance with this Agreement at the earliest practicable date thereafter.