Master Bond definition

Master Bond means one or more Bonds registered in the name of the Securities Depository Nominee, which shall cover all maturities of Bonds identified in the records of the State as being so covered.
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Examples of Master Bond in a sentence

  • The City does not currently maintain any investment of funds governed by the Master Bond Resolution, nor is it currently a party to any agreements for the purpose of effecting any investment of funds governed by the Master Bond Resolution, that are not Permitted Investments under the Master Bond Resolution and the City’s Investment Policy.

  • The Payment Obligations are payable from and secured by Surplus Revenues as set forth herein and in the Master Bond Resolution and the Issuing and Paying Agent Agreement.

  • All other legal matters pertaining to the execution and delivery of each of the Program Documents, the issuance of the Covered Notes, and the adoption and implementation of the Master Bond Resolution and the Authorizing Resolution shall be reasonably satisfactory to the Bank and its counsel.

  • The City shall maintain insurance required by the Master Bond Resolution.

  • By this document ------------- states its consent so that the (it must be the same person designated above) is appointed as its common representative before “THE SURETY COMPANY” and “THE AGENT OR BROKER, in relation with everything concerning with “THE AGREEMENT” and the Master Bond number .

  • Notwithstanding the aforesaid, and even when the prior notice is notified or not, every Inclusion Endorsement issued upon the Master Bond, will be enforceable, therefore, ACE Fianzas Monterrey, S.

  • A., Bonding Institution, in use of the authorization granted by the Secretaría de Hacienda y Crédito Público, stands as Surety before -------------------------- -------------- for all and each one of the natural or juridical persons that incorporate themselves to this Master Bond, by the document named Inclusion Endorsement, that ACE Fianzas Monterrey, S.

  • A., wishes to retreat or suspend the bonding operation within this Master Bond, a notice to the Beneficiary stating so will be sufficient, according to what is established at the fourth clause subsection a) of the mentioned Bonding Agreement, abstaining itself from issuing new Inclusion Bonds.

  • The Fund invests all of its assets in the Master Total Return Portfolio, a series of the Master Bond LLC, which has the same investment objectives and strategies as the Fund.

  • The effectiveness period of time of this Contractors Master Bond shall be in force from the date of its issuance, without having a specific length of time, since the time of effectiveness of each Inclusion Endorsement issued upon it, will be indicated in them.

Related to Master Bond

  • Payment Bond is one executed in connection with a contract to assure payment as required by law of all persons supplying labor and material in the execution of the work provided for in the contract.

  • Bail bond means the same as that term is defined in Section 31A-35-102.

  • Replacement Bonds means Bonds issued to the Beneficial Owners of the Bonds in accordance with Section 210 hereof.

  • Predecessor Bond of any particular Bond means every previous Bond evidencing all or a portion of the same debt as that evidenced by such particular Bond; and, for the purposes of this definition, any Bond authenticated and delivered under Section 2.06 in lieu of a lost, destroyed or stolen Bond shall be deemed to evidence the same debt as the lost, destroyed or stolen ▇▇▇▇.

  • Municipal bond means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.