Examples of Bond Indenture in a sentence
However, the Bond Indenture limits the type of investments held using unspent proceeds.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners.
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.NOTE 4 – DEPOSITS AND INVESTMENTS (Continued) Investments (Continued)However, the Bond Indenture limits the type of investments held using unspent proceeds.
The Bonds are subject to extraordinary mandatory redemption prior to their selected maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.
However, the Bond Indenture limits the type of investments held using unspent proceeds.NOTE 4 – DEPOSITS AND INVESTMENTS (Continued) Investments (Continued)Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements.