Approved Bond definition

Approved Bond means the issue of a quotation and Pre Agreement as received from the banking institution as per Section 92 of the National Credit Act No 34 of 2005;
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Approved Bond means an indemnity or bond to meet the level of risk exposure arising on the insolvency, winding up or liquidation of the Supplier, actuarially assessed to the satisfaction of the Authority and in accordance with the relevant requirements of the regulation governing the Schemes;
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Approved Bond means the issue of a quotation and Pre-Agreement as received from the banking institution as per Section 92 of the National Credit Act No 34 of 2005;
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Examples of Approved Bond in a sentence

  • END OF RFQ/PATTACHMENT 1 BOND PROJECTSReflected in Approved Bond Measure PLEASE NOTE: The cost estimates associated with each project are NOT a legal commitment to fund those projects at those levels and the cost estimates at NOT included in the now-approved Bond Measure.

  • TaxYearProperty TaxesOutstanding Balance Cash Investment and Status Report / BankingOn January 31st, the Town had $21,900,000 on hand in all funds—approximately $400,000 less than last year’s total balances at this same time period due primarily to the increase capital spending for Approved Bond Spending until bonds sold.

  • An Approved Bond Operator may remove, or arrange to be removed, any consignment of excise goods, under Customs control, from the care of a shipping line / airline, or from the place of production, into its Bonded Store.

  • Applicants may seek to designate the whole or any part of premises as an Approved Bond.

  • When it is in the interests of efficiency and good practice, the Agent of the Impôts may modify or waive any of the requirements of this Directive in specific agreements with Approved Premises Operators and Approved Bond Operators.

  • Firms, through their representatives, or individuals must be listed as Approved Bond Counsel in the Bond Buyers Municipal Marketplace Directory (the Red Book).

  • The availability of an ‘untied grant,’ may lead to an increasing level of interest in applying for the grants but may also lead to an increasing number of applicants undertaking activities that are not strictly in accordance with the intent of the NDRRA policy.

  • Since 10 September 2013, the South African Reserve Bank (SARB) has endorsed the PFMI as the risk management standard for systemically important FMIs in South Africa.2The FMI derives its mandate to provide the services in terms of section 10(1)(c) of the South African Reserve Bank Act 90 of 1989, as amended (SARB Act) and the National Payment System Act 78 of 1998 (NPS Act).The SAMOS system was developed in-house and implemented on 9 March 1998.

  • Any person or company concerned with the importation, production or duty free sale of excise goods may make application to Customs to become an Approved Bond Operator.

  • Change in Commission Approved Maturity Schedules, Commission Approved Tax Rates, or Increase in Commission Approved Bond Interest Rate.

Related to Approved Bond

  • covered bond means a debt security issued by any member of the banking group, for which repayment to holders is guaranteed by a SPV, and investors retain an unsecured claim on the issuer.

  • Reference Bond means for any Reset Period a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer on the advice of an investment bank of international repute as having an actual or interpolated maturity comparable with the relevant Reset Period that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the relevant Reset Period.

  • Related Bond means, in respect of an Inflation Index, the bond specified as such in the applicable Final Terms. If the Related Bond specified in the applicable Final Terms is "Fallback Bond", then, for any Related Bond determination, the Calculation Agent shall use the Fallback Bond. If no bond is specified in the applicable Final Terms as the Related Bond and "Fallback Bond: Not Applicable" is specified in the applicable Final Terms, there will be no Related Bond. If a bond is specified as the Related Bond in the applicable Final Terms and that bond redeems or matures before the End Date (i) unless "Fallback Bond: Not Applicable" is specified in the applicable Final Terms, the Calculation Agent shall use the Fallback Bond for any Related Bond determination and (ii) if "Fallback Bond: Not Applicable" is specified in the applicable Final Terms, there will be no Related Bond.

  • Reference Bond Dealer means each of five banks which are primary government securities dealers or market makers in pricing corporate bond issuances, as selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Reference Bond Rate means, with respect to any date of redemption, the rate per annum equal to the annual or semi-annual yield (as the case may be) to maturity or interpolated yield to maturity (on the relevant day count basis) of the Reference Bond, assuming a price for the Reference Bond (expressed as a percentage of its nominal amount) equal to the Reference Bond Price for such date of redemption;

  • Approved Bank shall have the meaning set forth in the definition of “Cash Equivalents.”

  • Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;

  • Covered Bonds means any and all the covered bonds (obbligazioni bancarie garantite) issued or to be issued by the Issuer pursuant to the terms and subject to the conditions of the Programme Agreement.

  • NAIC Approved Bank means a bank that is a bank listed on the most current “List of Qualified U.S. Financial Institutions” approved by the NAIC (the “NAIC Approved Bank List”) (or any branch or related entity of such bank that qualifies as a Qualified U.S. Financial Institution in accordance with the Purposes and Procedures Manual of the NAIC Investment Analysis Office).

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

  • Approved Book-Entry System for Commercial Paper means a system maintained by the Custodian or by a subcustodian employed pursuant to Section 2 hereof for the holding of commercial paper in book-entry form but only if the Custodian has received a certified copy of a resolution of the Board approving the participation by the Trust in such system.

  • Rule 144A Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold in the United States to QIBs in reliance on Rule 144A;

  • Regulation S Global Covered Bond means a Registered Global Covered Bond representing Covered Bonds sold outside the United States in reliance on Regulation S;

  • Security Bond means an amount payable by a tenant as security for the performance of his obligations under a residential tenancy agreement, including an amount referred to in section 29(1)(b)(ii);

  • Performance Bond means the financial security for performance a USF Service Provider must furnish in accordance with section 54 of this RFA;

  • approved body means an educational establishment or a body that is not conducted for profit.

  • government guaranteed bond means a bond of the Government of Canada or a bond unconditionally guaranteed as to principal and interest by the Government of Canada that is:

  • 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.

  • Global Bond means the Original Global Bond and/or as the context may require any global bond representing any Further Bonds or any of them.

  • Financial Letter of Credit means any Letter of Credit other than a Performance Letter of Credit.

  • Commercial Paper Notes means short-term promissory notes issued or to be issued by a Conduit Purchaser to fund its investments in accounts receivable or other financial assets.

  • Commercial Paper means, with respect to any Conduit Investor, the promissory notes issued in the commercial paper market by or for the benefit of such Conduit Investor.

  • FA Selected Bond means a government security or securities selected by the Financial Adviser as having an actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the remaining term of the Notes;

  • Acceptable Letter of Credit means a standby letter of credit, issued by a bank or financial institution acceptable to Bank in its Permitted Discretion, in form and substance satisfactory to Bank in its Permitted Discretion, in an amount equal to 105% of the Letter of Credit Usage, naming Bank as beneficiary to reimburse payments of drafts drawn under outstanding Letters of Credit.

  • Eligible Financial Institution means, as of the date of any assignment as contemplated in Section 8.07(a)(i), a commercial bank or financial institution (i) with a credit rating on its long-term senior unsecured debt of either (a) “AA-” or better from S&P or (b) “Aa3” or better from Xxxxx’x; and (ii) having shareholders' equity of not less than $5,000,000,000.

  • Reference Interest Rate Replacement means the first alternative set forth in the order below that can be determined by the Issuer or its designee as of the Reference Interest Rate Replacement Date: