Term Bond definition

Term Bond means each Bond designated as a Term Bond and subject to mandatory redemption in the years and amounts set forth in the Bond Purchase Agreement.
Term Bond means any Bond which, by its terms, has a single maturity but is subject to mandatory sinking fund redemption prior to the date of such maturity.
Term Bond means Senior Bonds of a Series which are payable on or before their specified maturity dates from sinking installment payments established pursuant to the Supplemental Indenture for such Series for that purpose and calculated to retire such Senior Bonds on or before their specified maturity dates.

Examples of Term Bond in a sentence

  • Ultra Short Term Bond Trust Not applicable 0.550% — first $250 million; and 0.530% — excess over $250 million.

  • When original purchases of the Virtus Newfleet Multi-Sector Short Term Bond Fund Class C are exchanged to other Class C or C1 Shares, the dealer will receive a 1% sales commission.

  • Virtus Newfleet Multi-Sector Short Term Bond Fund - is no longer available for purchases by new or existing shareholders.

  • Ultra Short Term Bond Trust Not Applicable 0.550% — first $250 million; and 0.530% — excess over $250 million.

  • There is no hold for the Class C Trail Fee for the Virtus Newfleet Multi-Sector Short Term Bond Fund.


More Definitions of Term Bond

Term Bond means, at any time as applicable, any Bond that bears interest at a Term Rate.
Term Bond means a Bond so designated in a Supplemental Indenture and payable from Sinking Fund Installments.
Term Bond means any Bond that is issued subject to mandatory redemption prior to
Term Bond means a Bond so designated and payable from Sinking Fund Installments.
Term Bond means any Parity Bond or Junior Lien Bond that is issued subject to
Term Bond means any Parity Bond identified as such in the ordinance or resolution authorizing the issuance thereof that is issued subject to mandatory redemption in periodic Sinking Fund Requirements prior to its maturity date.
Term Bond means any Parity Bond that is issued subject to mandatory redemption