Coupon Bond definition

Coupon Bond means any Bond which is issued with coupons attached.

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Coupon Bond means any coupon bond of the Series due August 1, 1994.

Coupon Bond means any coupon bond of the Series due July 1, 1988, December 1, 1990, August 1, 1991, June 1, 1992, September 1, 1993, June 1, 1995 or August 1, 1996.

Examples of Coupon Bond in a sentence

• The Zero Coupon Bond shall secure payment of the Company's obligations hereunder and, in the event of the Company's default and failure to pay obligations due Holders when due hereunder, the Trustee shall, subject to the provisions of Article 6 hereof, collect the proceeds thereof and distribute the same, first, to the Holders (pro rata, if necessary, in accordance with the Company's obligations), and second, the remainder, if any, to the Company.

• Notwithstanding the foregoing to the contrary, the Zero Coupon Bond is non-callable and the Trustee may not dispose of, or disburse the proceeds of, the Zero Coupon Bond until its maturity in 2015 and, provided further, the Trustee shall not undertake any action which could impair the value of the Zero Coupon Bond.

• If any Coupon Bond not registered as to principal upon such record date is thereafter so registered (otherwise than to bearer) or is thereafter exchanged for a Registered Bond, the first registered holder in whose name such Bond shall be so registered shall be deemed to have been the registered holder of such Bond on the record date for the purposes of this section, and upon such registration or exchange a notice of such meeting shall be delivered to such registered holder.

• The fact of the ownership of any Coupon Bond which shall not at the time be registered as to principal or shall be registered to bearer, and the denomination and serial number of such Bonds and the date of holding the same, may be proved by a certificate executed by any trust company, bank, banker or other depositary (wherever situated), showing that at the date therein mentioned the person named in such certificate had on deposit with such depositary the Bond described in such certificate.

• Zero Coupon Bond – A bond on which interest is not payable until maturity (or earlier redemption), but compounds periodically to accumulate to a stated maturity amount.

More Definitions of Coupon Bond

Coupon Bond means a hypothetical bond denominated in Canadian dollars maturing on or about May 23, 2014 with an annual coupon of 0.775%, calculated on an actual number of days/365 unadjusted basis, and a notional principal of $100; provided however that the coupon received on this bond will not increase the return to the Basket but will instead be used to pay annual bond portfolio fees under the Note Program;

Coupon Bond. 'Default" 'Engineer3* "Engineer's Certificate" "Excepted Pro pert)-"

Coupon Bond means a bond having coupons attached entitling whoever holds the coupons to receive interest due on the bonds. Coupon bonds were common historically, but federal tax laws now require, as a qualification for tax-exempt status, that the bonds be in “registered form” (meaning that the right to receive principal and interest is based on a formal record of ownership held by the issuer or on its behalf, rather than based on possession of the bond or the coupons).

Coupon Bond. 9 "Default" 9 "Engineer" 9 "Engineer's Certificate11 9 "Excepted Property" 9 "Fair Value" II "Generally Accepted Accounting Principles" 11 "Governmental Obligations" 12 "Indenture" 12 "Independent" 12 "Lien of this Indenture" 12 " 1946 Mortgage" 12 "1946 Mortgage Bonds" 12 ''Mortgaged Property" 12 "Officers' Certificate" 13 "Opinion of Counsel" 13 "Outstanding" 13 "Permissible Encumbrances" 13 "Person" 16 "Prior Lien" 16

Coupon Bond means a hypothetical bond denominated in Canadian dollars, maturing on or about the Maturity Date, with an annual coupon of 1.00% calculated on an actual number of days/365 unadjusted basis and a notional principal of $100 and of the same or superior credit quality as a bond issued by Bank of Montreal; provided however that the coupon payable on this bond will not increase the return to the Basket but will instead be used to pay annual bond portfolio fees under the Note Program;

Coupon Bond means any Bond with detachable coupons evidencing the obligation of the Company to pay interest on such Bond. (p) "Default" means any event specified in Section 12.02(a). (q) "Engineer" means a Person engaged in the engineering busi- ness, and who or which, unless required to be Independent, may be employed by or Affiliated with Company, except that an Independent Engineer shall sign Engineer's Certificates delivered in connection with the release of Mortgaged Property pursuant to Section 10.03, 10.04, 10.05, 10.06 or 10.07, if the Fair Value of the Mortgaged Property to be released and of all other Mortgaged Property released since the com- mencement of the then current calendar year, or the Fair Value of any purchase money obligations included in the consideration for such release and of all other securities made a basis of any authentication and delivery of Bonds, withdrawal of cash or release of Mortgaged Property or securities under this Indenture since the commencement of the then current calendar year, as set forth in Engineer's Certificates required pursuant to Article X of this Indenture, is 10% or more of the aggregate principal amount of Bonds at the time Outstanding, unless the Fair Value of the Mortgaged Property to be released or of any purchase money obligations included in the consideration for such release and of all other securities made a basis of any authentication and delivery of Bonds, as set forth in such Engineer's Certificate, is, in each case, less than $25,000 or less than 1% of the aggregate principal amount of Bonds at the time Outstanding. (r) "Engineer's Certificate" means a certificate signed by an Engineer appointed by the Board. (s) "Excepted Property" means all of the following described property, whether now owned or hereafter acquired by the Company, which is hereby expressly excepted and excluded from the Lien of this Indenture: "Coupon Bond" 'Default" 'Engineer3* "Engineer's Certificate" "Excepted Pro pert)-"

Coupon Bond means, in respect of Deposit Notes of a Series at any time, a hypothetical bond denominated in Canadian dollars with an annual coupon of 0.75%, calculated on an actual number of days/365 unadjusted basis, and