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 a Bond so designated in a Supplemental Indenture and payable from Sinking Fund Installments.

Examples of Term Bond in a sentence

• The Consolidated Fund is composed of three external investment pools (WV Money Market, WV Government Money Market, and WV Short Term Bond), three internal investment pools (WV Bank, Loans, and Reserve) and three individual investment accounts (Municipal Bond Commission, School Fund, and Economic Development Authority – American Woodmark).

• The BTI measures the WV Short Term Bond Pool, the Municipal Bond Commission Account, the School Fund Account and the EDA-AW Account at fair value for financial reporting purposes.

• Each Term Bond so delivered, or previously redeemed, or purchased and canceled, shall be credited by the Bond Registrar at 100% of the principal amount thereof against the then current or subsequent Mandatory Sinking Fund Redemption Requirements (and corresponding mandatory redemption obligations), as specified by the Fiscal Officer, for Term Bonds stated to mature on the same Principal Payment Date as the Term Bonds so delivered, redeemed or purchased and canceled.

• The pool is managed by UBS Global Asset Management.WV Short Term Bond – This pool consists of the operating funds of the State that are not needed immediately to fund the State’s liquidity requirements.

• Each Term Bond so delivered, or previously redeemed, or purchased and canceled, shall be credited by the Bond Registrar at 100% of the principal amount thereof against the then current or subsequent Mandatory Sinking Fund Redemption Requirements (and corresponding mandatory redemption obligations), as specified by the Fiscal Officer, for Term Bonds stated to mature on the same Principal Payment Date and bear interest at the same rate as the Term Bonds so delivered, redeemed or purchased and canceled.

More Definitions of Term Bond

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.

Term Bond means, at any time as applicable, any Bond that bears interest at a Term Rate.

Term Bond means a Bond so designated and payable from Sinking Fund Installments.

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 Bond that is issued subject to mandatory redemption prior to

Term Bond means a Utility System Revenue Obligation that is subject to mandatory redemption prior to its scheduled maturity date or dates in mandatory redemption installments set forth in the Bond Purchase Contract or Pricing Certificate.

Term Bond means any Series 2019 Bond subject to retirement or redemption from moneys credited to the Bond Redemption Account of the Series 2019 Debt Service Fund as sinking fund installments.