Fixed Rate Bonds definition

Fixed Rate Bonds means any Bonds which shall be converted to a Fixed Rate in accordance with the provisions of this Indenture.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Fixed Rate Bonds means the Bonds of a Series in the Fixed Rate Mode.

Fixed Rate Bonds means Bonds which bear interest at a Fixed Interest Rate.

Examples of Fixed Rate Bonds in a sentence

• Fixed Rate Bonds in definitive form (other than Long Maturity Bonds (as defined below)) should be presented for payment together with all unmatured Coupons appertaining thereto (which expression shall for this purpose include Coupons falling to be issued on exchange of matured Talons), failing which the amount of any missing unmatured Coupon will be deducted from the sum due for payment.

• For so long as any of the Fixed Rate Bonds is represented by a global Bond held on behalf of Clearstream, Luxembourg and/or Euroclear, interest will be calculated on the full nominal amount Outstanding of the Fixed Rate Bonds and will be paid to Clearstream, Luxembourg and Euroclear for distribution by them to entitled accountholders in accordance with their usual rules and operating procedures.

• The applicable Supplemental Trust Agreement shall specify the rate or rates of interest borne by such Fixed Rate Bonds and the Debt Service Payment Dates thereof.

• The Bonds may be issued as Fixed Rate Bonds, Variable Rate Bonds, Tender Bonds, Capital Appreciation Bonds, Deferred Income Bonds or Discount Bonds or any combination thereof in accordance with applicable provisions set forth below and the applicable Supplemental Trust Agreement.

• The Fixed Rate Bonds and the certificate of authentication to be endorsed thereon are to be in substantially the form set forth in Exhibit B attached hereto, with appropriate variations, omissions and insertions as permitted or required by this Indenture and applicable law.

More Definitions of Fixed Rate Bonds

Fixed Rate Bonds means Bonds that bear interest at a fixed rate.

Fixed Rate Bonds and “Bond(s)” means a pounds sterling denominated deposit account(s) available for various fixed terms (periods).

Fixed Rate Bonds means Bonds that pay a fixed rate of interest until the principal of such Bonds has been fully repaid.

Fixed Rate Bonds means those Bonds other than Capital Appreciation Bonds, Original Issue Discount Bonds or Balloon Maturity Bonds issued under a Series Resolution in which the rate of interest on such Bonds is fixed and determinable through their final maturity or for a specified period of time. If so provided in the Series Resolution authorizing their issuance, Bonds may be deemed to be Fixed Rate Bonds for only a portion of their term.

Fixed Rate Bonds means Supplemental Bonds bearing interest at a Fixed Rate.

Fixed Rate Bonds means Series 2024 Bonds that are not “Variable Rate Obligations,” as defined in the General Bond Resolution.

Fixed Rate Bonds means 202_ Series - Bonds which bear interest at a Fixed Interest Rate. “Index” means, with respect to any 202_ Series - Bonds, the interest rate index (either the