Examples of Bonds shall in a sentence
For purposes of this provision, Tax-Exempt Bonds shall include the obligations of the Long Island Power Authority, NYPA and Consolidated Edison Company of New York, Inc., the interest on which is not included in gross income under the Internal Revenue Code.
Bonds shall be duly executed by a responsible corporate surety, authorized to issue such bonds in California and secured through an authorized agent with an office in California.
Registration requests relating to the Bonds shall be directed to an Account Operator.
Bonds shall be for the benefit of the Agency with surety in the amount of 100% of the total contract award.
Said Bonds shall be conditioned upon the faithful performance of the contract.
Bonds shall remain in affect for period of one year after the date of substantial completion.
Payment of Interest in respect of the Bonds shall be made to the Bondholders on each Interest Payment Date for the preceding Interest Period.
The right to receive repayment of the principal of the Bonds shall be prescribed and become void ten (10) years from the Redemption Date.
By subscribing for Bonds, each initial Bondholder agrees that the Bonds shall benefit from and be subject to the Finance Documents and by acquiring Bonds, each subsequent Bondholder confirms such agreement.
The Bonds shall bear interest from the most recent date to which interest has been paid or provided for or, if no interest has been paid or provided for, from their date.