special bond definition
special bond means a mortgage bond hypothecating any immovable property, but excludes any other mortgage bond purporting to hypothecate movable property or any other rights in land;
special bond means a mortgage bond hypothecating any immovable property or a notarial bond hypothecating specially described movable property in terms of section 1 of the Security by Means of Movable Property Act, 1993 (Act 57 of 1993), or such a notarial bond registered before 7 May 1993 in terms of section 1 of the Notarial Bonds (Natal) Act, 1932 (Act No. 18 of 1932);
special bond shall have the meaning assigned to it in Section 3.14 hereof.
More Definitions of special bond
special bond means the 8.0 per cent convertible bond in the principal amount as set forth under the relevant Additional Closing Notice to be issued by the Company pursuant to Section 2.4 of this Agreement to the Investor or its designee, in the form set forth in SCHEDULE 15;