Original Issue Discount Bonds definition
Original Issue Discount Bonds means Bonds which are sold at an initial public offering price of less than 90% of their face value and which are specifically designated as Original Issue Discount Bonds in the Series Resolution authorizing their issuance.
Original Issue Discount Bonds means Bonds of a Series which are originally reoffered to the public at a price (excluding accrued interest) of less than 98% of their principal amount.
Original Issue Discount Bonds means Bonds which are sold at an initial public offering price of less than face value and which are specifically designated as Original Issue Discount Bonds by the Supplemental Indenture under which such Bonds are issued.
Examples of Original Issue Discount Bonds in a sentence
The 1996 Series B Bonds are hereby declared to be "Original Issue Discount Bonds", as such term is defined in Section 1.01 of the Original Indenture.
More Definitions of Original Issue Discount Bonds
Original Issue Discount Bonds means bonds originally reoffered to the public at a price (excluding accrued interest) of less than 98% of their principal amount.
Original Issue Discount Bonds means revenue obligations of the
Original Issue Discount Bonds means Bonds that are sold at an initial public offering price of less than 95 percent of their principal or maturity amount and that are specifically designated as “Original Issue Discount Bonds” in the Series Resolution authorizing their issuance or in a certificate of an Authorized Officer authorized by the Series Resolution to designate such Bonds as Original Issue Discount Bonds.
Original Issue Discount Bonds means Bonds which are sold at an initial public offering price of less than face value and which are specifically designated as Original Issue Discount Bonds in the Series Indenture under which such Bonds are issued.
Original Issue Discount Bonds means any Bond which is sold at an initial public offering price (as set forth in the bond purchase agreement relating thereto) of less than par.